Artificial Intelligence Industry News

British Columbia Forces AI and Data Centre Companies to Compete for Electricity as Grid Strain Hits North America

Moltbook Explodes to 150,000 AI Agents in Days as the First Social Network Built Entirely for Bots Raises Security Alarms

Microsoft Loses $381 Billion in Two Days as Wall Street Questions Whether AI Spending Binge Can Ever Pay Off

Nvidia Invests $2 Billion in CoreWeave to Accelerate AI Data Center Buildout Toward 5 Gigawatt Target

PaleBlueDot $150M, Decagon $250M, Waabi $1B, Genspark $300M, Outtake $40M

$1.7 billion flows into AI infrastructure as B Capital backs GPU compute, Coatue leads customer concierge at $4.5B valuation, Uber commits to 25,000 robotaxis, and Microsoft CEO backs cybersecurity startup

Outtake Raises $40 Million Series B Led by ICONIQ with Backing from Satya Nadella and Bill Ackman to Combat AI-Driven Identity Fraud

Genspark Raises $300 Million Series B and Launches AI Workspace 2.0 After Crossing $100 Million Annual Run Rate in Nine Months

Waabi Raises $1 Billion and Partners with Uber to Deploy 25,000 Robotaxis as Autonomous Driving Startup Expands Beyond Trucking

Decagon Raises $250 Million Series D at $4.5 Billion Valuation as AI Customer Concierge Platform Signs Over 100 Enterprise Customers

PaleBlueDot AI Raises $150 Million Series B at $1 Billion Valuation to Scale Global GPU Computing Infrastructure