AI

AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal 

AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes […]

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Google launches Gemini 3 with new coding app and record benchmark scores

On Tuesday, Google released Gemini 3, its latest and most advanced foundation model, which is now immediately available through the Gemini app and AI search interface. Coming just seven months after the Gemini 2.5 release, the new model is Google’s most capable LLM yet, and an immediate contender for the most capable AI tool on

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a16z-backed super PAC is targeting Alex Bores, sponsor of New York’s AI safety bill — he says bring it on

A pro-AI super PAC backed by Andreessen Horowitz and OpenAI President Greg Brockman has chosen New York Assembly member Alex Bores — and his congressional bid — as its first target.  The PAC, dubbed Leading the Future, formed in August with a more than $100 million commitment to support policymakers with a light-touch — or

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Jeff Bezos reportedly returns to the trenches as co-CEO of new AI startup, Project Prometheus

Amazon’s founder Jeff Bezos seems to be getting his hands dirty once again: the billionaire is partly backing a new AI startup called Project Prometheus that has raised $6.2 billion in funding, and will take on duties as co-chief executive of the new venture, the New York Times reported, citing several sources familiar with the

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Bone AI raises $12M to challenge Asia’s defense giants with AI-powered robotics

South Korea’s major defense giants have amassed roughly $69 billion in order backlogs as of late 2024, according to media reports. Seoul is also accelerating investment in advanced weapons systems and expanding its defense ties, particularly with Europe. With the new EU–South Korea Security and Defence Partnership in 2024 and growing exports of vehicles and

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Leaked documents shed light into how much OpenAI pays Microsoft

After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials — specifically its revenue and compute costs over the past couple of years.   Zitron reported this week that in 2024,

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Databricks co-founder argues US must go open source to beat China in AI

Andy Konwinski is concerned that the U.S. is losing its dominance in AI research to China, calling the shift an “existential” threat to democracy. Konwinski is a Databricks co-founder and the co-founder of the AI research and venture capital firm Laude. “If you talk to PhD students at Berkeley and Stanford in AI right now,

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