Technology

Google has agreed to invest up to $40 billion in Anthropic, expanding an existing partnership with the Claude AI maker. The deal makes Google one of Anthropic's largest backers while the search giant also competes with Anthropic's models through its own Gemini platform. The move mirrors Microsoft's deep investment in

The U.S. Department of Commerce ordered chip equipment firms, including Lam Research and Applied Materials, to halt tool shipments to China's Hua Hong Semiconductor. The move targets Hua Hong's advanced chip production, including AI chips, and marks an expansion of U.S. export controls beyond top-tier Chinese fabs.

Microsoft is losing exclusive access to OpenAI's technology, ending a preferential arrangement that underpinned its AI push across Azure, Copilot, and Bing. Other companies can now potentially access OpenAI models on equal terms, increasing competition in AI cloud services.

Reliance Industries has secured approval to invest $17 billion in a 1.5 GW data centre cluster in Visakhapatnam, making it the largest data centre investment in India so far. The project includes a captive 9,000 MW-peak solar power setup and will be built in two phases through 2030. It is part of RIL's broader ₹10 lakh

Andhra Pradesh CM Chandrababu Naidu laid the foundation for a Google hyperscale AI data centre in Visakhapatnam worth ₹1.35 lakh crore. The 1-Gigawatt facility on 601.4 acres at Tarluvada is one of India's largest single FDI projects. It is part of Google's $15 billion commitment to the state.

Google broke ground on a $15 billion AI data center campus in Visakhapatnam, India, its largest such facility outside the US. The gigawatt-scale hub will power services like Gemini and Google Search, and also serve as a new submarine cable landing point linking India to Singapore. The project was first announced in

China has ordered Meta to unwind its roughly $2 billion acquisition of AI agent startup Manus following a months-long probe. The block directly disrupts Meta's strategy to expand into AI agents through acquisitions. Meta must now pursue that capability through internal development or a new deal.

Google has signed a classified AI contract with the US Pentagon, The Information reports. The deal's financial terms and scope are undisclosed due to its classified status. It marks a significant shift for Google, which stepped back from Pentagon AI work in 2018 after internal employee protests.

OpenAI has ended its exclusive cloud deal with Microsoft, opening the door to partnerships with Amazon and Google. The change lets OpenAI spread its computing workloads across competing cloud platforms, potentially cutting costs and boosting its negotiating power. Formal deals with AWS and Google Cloud are expected to

OpenAI is capping the revenue share payments it makes to Microsoft, reshaping the financial terms of their partnership. The change reduces Microsoft's long-term claim on OpenAI's revenues, which could affect how investors value both companies. The shift follows OpenAI's move toward a for-profit structure announced last

Ineffable Intelligence, founded by a former Google DeepMind researcher, has raised $1.1 billion in seed funding at a $5.1 billion valuation. The round is a record for seed-stage fundraising and signals how aggressively investors are betting on early AI ventures. No product details have been disclosed.

Elon Musk's lawsuit against OpenAI and Sam Altman goes to trial this week, with a jury set to issue an advisory verdict on claims of fraud and breach of charitable trust. The outcome could block OpenAI's IPO, force leadership changes, or alter its corporate structure. OpenAI is valued at over $850 billion and aims to

Microsoft and OpenAI have ended their exclusive deal and revenue-sharing arrangement, unwinding a core part of their multi-billion dollar partnership. OpenAI can now distribute its models through other cloud providers and partners, reducing Microsoft's privileged commercial position. The full terms of any remaining

Ineffable Intelligence, a new British AI lab founded by former DeepMind researcher David Silver, has raised $1.1 billion at a $5.1 billion valuation. The lab is building AI that learns without human-labeled data, targeting a core bottleneck in how today's models are trained.

A trial opening this week will decide whether OpenAI, under Sam Altman, has illegally abandoned its nonprofit mission by building a for-profit arm. A Musk win could block OpenAI's commercial expansion and remove Altman from the board. The outcome may reshape how AI labs raise and deploy capital.

OpenAI and Microsoft have amended their partnership, ending Microsoft's exclusive rights to host and distribute OpenAI's models. Azure retains preferred cloud status through 2032, but OpenAI can now work with any cloud provider. The revenue share Microsoft receives is capped and guaranteed only through 2030.

OpenAI has released GPT-5.5 and GPT-5.5 Pro via its API, giving developers and businesses direct access to the new models. API availability is central to OpenAI's revenue model, making adoption rates a key indicator of commercial momentum.

Google plans to invest up to $40 billion in Anthropic, the AI company behind the Claude models. The deal would be one of the largest corporate AI investments ever and deepens Google's position against Microsoft-backed OpenAI. Anthropic already runs its models on Google Cloud, giving Google a dual financial and

Google will invest at least $10 billion in Anthropic, potentially rising to $40 billion based on performance targets. The deal follows Amazon's $5 billion investment made just days earlier, with both agreements valuing Anthropic at $350 billion. Two of the biggest cloud players are now competing to deepen ties with the

Cerebras Systems has filed for a US IPO, entering public markets as an AI chip competitor to Nvidia. The listing tests investor appetite for alternative AI accelerator hardware amid surging enterprise demand and Nvidia's continued dominance. Financial disclosures in the prospectus will be the key metric to watch.