Dynatrace to acquire Arize for $915M to add AI observability
Dynatrace is acquiring Arize, which specialises in AI observability and the AI development lifecycle, for $915 million, including around $815 million in cash.
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Funding, acquisitions, hiring and strategy.
Nvidia halves its $250B guarantee for an OpenAI data centre
According to the Wall Street Journal, Nvidia has reworked the deal financing OpenAI's Ohio data centre campus and will initially guarantee only half of the planned $250 billion backstop.
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Anthropic's revenue rose 14-fold in a year, with a $200B target for 2028
Anthropic told investors it generated more than $11.5 billion in second-quarter revenue. The company projects revenue of $190-200 billion for 2028.
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Apple trained its China-specific model with help from Alibaba
Apple is reported to have developed a large language model specific to the Chinese market together with Alibaba, and has registered the service with China's regulator.
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If gas prices triple, the data centre plans get shaken
Energy research firm Noreva forecasts that natural gas prices could triple in parts of the US. Four large companies are planning gigawatt-scale gas plants.
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Cognition moves from a $26B to a $40B valuation in months
AI coding startup Cognition is reportedly in talks for a new round at a $40 billion valuation, only months after its previous raise.
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Companies are scrambling to cut their AI bills, and PDFs are the culprit
A leaked Accenture meeting recording shows token consumption is driven by non-engineers, not engineers. One of the biggest cost items is converting PDFs into text.
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Nvidia's $500B plan: finding value in ageing GPUs
Nvidia has a plan to keep its GPUs from losing value. The goal is to convince a new class of financiers to keep lending against AI buildouts.
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OpenAI's departures continue: a fourth name before the IPO
Chief revenue officer Denise Dresser is leaving. Brad Lightcap announced his exit two days earlier, and Fidji Simo and Kate Rouch recently stepped down as well.
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How Chinese labs keep pace — and why the answer is not distillation
GLM-5.3 reached the frontier with a third of Kimi K3's parameters. The analysis argues the reason is not distillation but post-training depth and a decade of accumulation.
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ChatGPT Business is getting a $125-a-month Premium seat
OpenAI is adding a new seat type to its business plan. The Premium seat costs $125 per user per month for five times the usage and no five-hour limit.
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SpaceX officially closes its Cursor acquisition
AI coding startup Cursor is now officially part of SpaceX. The $60 billion option was granted in April, and the acquisition moved forward after SpaceX went public.
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ChatGPT ads expand to five more countries
OpenAI has extended the ChatGPT ads test it began in the US in February to the UK, Mexico, Brazil, Japan and South Korea. Ads appear only on the Free and Go tiers.
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Databricks raises $5 billion at a $190 billion valuation
Data intelligence company Databricks has raised $5 billion in a round led by Coatue. Its valuation climbed from $188 billion to $190 billion within a few weeks.
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Point2 Technology Raises $136M for RF Data Center Links
Point2 Technology, which develops RF-based data center connectivity technology, raised $136 million in a Series B round led by LB Investment, Arm, and Maverick Silicon.
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Effective Altruism Gains Boost From Anthropic, OpenAI IPOs
According to the Financial Times, the effective altruism movement is receiving record donations as the planned IPOs of Anthropic and OpenAI create new millionaires.
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AI Roundup: OpenAI, Anthropic and Meta's Latest Moves
OpenAI, Anthropic, Google, Meta and Nvidia had a busy week with new products, safety measures, and billion-dollar investments across the AI sector.
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Meta's Glimmer Model and Zuckerberg's AI Manifesto
Meta released its open-weight AI model Glimmer, while Mark Zuckerberg published a lengthy manifesto arguing that AI should be 'for everyone.'
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OpenAI and Anthropic cut prices amid Chinese rivalry
OpenAI and Anthropic have slashed prices on their mid-tier models under pressure from Chinese rivals like DeepSeek and Moonshot. Experts say this is the first real test of their strategy to protect flagship model pricing.
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Google DeepMind Shakeup: Jeff Dean Steps Down
Google has overhauled its AI unit DeepMind; chief scientist Jeff Dean is departing while Demis Hassabis steps back to focus on longer-term research.
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Indonesia's First University AI Center Opens in Yogyakarta
UGM Indosat NVAITC, opened in Yogyakarta through a partnership between Universitas Gadjah Mada, Indosat, and NVIDIA, has become Indonesia's first university-based artificial intelligence technology center.
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