TeraWulf has announced plans to raise $900 million to fund expansion of its artificial intelligence data centre operations. The capital raise signals a significant strategic pivot for the company, which built its profile in Bitcoin mining before repositioning infrastructure capacity toward high-density AI compute workloads. The scale of the raise reflects intensifying competition among data centre operators to lock in AI capacity ahead of sustained enterprise demand. The funding structure and instrument type were not disclosed in available details. Investors will be watching how TeraWulf deploys the capital across new builds versus retrofitted mining infrastructure, as conversion economics and power procurement costs are central to margin viability in AI data centre operations. Execution on power density targets and customer contract timing will determine whether the raise translates into durable revenue or remains a build-out bet in a crowded field.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
