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Latest AI News

Search reporting on AI markets, models, products, companies, policy, and culture.

Yesterday

1 story

Together AI Secures 250 MW in Saudi Arabia as U.S. Data-Center Resistance Grows

The agreement gives the San Francisco startup a large source of overseas power while Humain builds out Saudi Arabia’s AI-infrastructure ambitions. Its timetable and commercial terms remain unclear.

2 min

Earlier this week

3 stories

Sep 3, 2026Business

Business

GraniteShares’ 2x Anthropic Funds Cannot Launch Until the Company Trades Publicly

The proposed AIL and ANS ETFs would seek twice Anthropic’s daily move in opposite directions. Their structure makes the eventual products short-term trading vehicles, not simple long-term holdings.

2 min

Sep 2, 2026Infrastructure

Partnership Infrastructure

Google Agrees to Buy 396 MW of Geothermal Power for a Planned Utah Data Center

The agreement gives Fervo a defined customer for Cape Station while tying Google’s future data-center supply to a geothermal project still under construction.

2 min

Aug 31, 2026Infrastructure

Partnership Infrastructure

Humain, DataVolt Plan 100 MW AI Data Center at NEOM’s Oxagon

The expected-2028 facility gives Saudi-backed Humain a defined role in DataVolt’s planned Oxagon campus, but all of the capacity remains prospective.

2 min

Last week

12 stories

Aug 29, 2026Policy

Security risk Policy

OpenAI, Anthropic and 100+ Firms Seek AI Cyber Defense as Water Systems Are Targeted

The coalition wants governments to put defensive AI in the hands of public-service operators, but its warning offers neither funding nor a delivery timetable as attackers already use AI-assisted scripts against water-system controls.

3 min

Aug 28, 2026Startups

Funding Startups

DeepSeek Reportedly Seeks $7.4 Billion at $74 Billion Valuation for Compute Buildout

The proposed financing would move the AI lab further beyond its founder’s quant fund, while giving prospective investors a larger bet on research, infrastructure and a possible Shanghai listing.

3 min

Aug 27, 2026Startups

Funding Startups

Databricks Files $5B Equity Offering With Nearly All of It Already Sold

The filing records a large, nearly completed private equity sale. It establishes the dollars sold and investor count, but not the price, valuation, ownership stakes or identity of the buyers.

3 min

Aug 27, 2026Business

Funding Business

Socure Raises $156M at $5.2B, Buying Fravity to Automate Fraud Reviews

Socure is pairing fresh capital with an agentic-AI acquisition aimed at a costly operational bottleneck: the investigation work that begins after a fraud alert is raised.

3 min

Aug 27, 2026Startups

Funding Startups

Portica AI Files $450,000 SAFE Offering Fully Sold to Three Investors

The Form D establishes a completed early financing event, but it does not show the conversion terms that would determine investors’ eventual ownership.

2 min

Aug 26, 2026Products

Launch Products

EMXETF Lists TGRZ, a China LLM ETF With an 80% China-Exposure Mandate

The new actively managed fund packages China’s AI-model push into a U.S.-traded product, but its 80% investment requirement still leaves manager discretion, derivative exposure and China-specific market risks.

3 min

Aug 26, 2026Business

Partnership Business

Morningstar Brings PitchBook to Gemini Enterprise With Attributed Research

The partnership puts financial-data provenance at the center of Gemini workflows, but access is limited to eligible subscribers and the promised research gains remain a company-stated outcome.

2 min

Aug 25, 2026Business

Funding Business

Alibaba Raises HK$80B for Full-Stack AI as Investors Question the Spending Payoff

Alibaba says rising demand is shortening the expected return period on its AI investments. Investors’ immediate response showed that a faster projected payback has not settled the question of how much capital the buildout will require.

3 min

Aug 25, 2026Startups

Funding Startups

Nvidia Is Reportedly Discussing a Perplexity Stake at a $30 Billion-Plus Valuation

The prospective deal would extend a relationship that already includes Nvidia investment and a Vera CPU workload commitment. But the reported round has not been independently verified, leaving its terms and even its completion unresolved.

3 min

Aug 24, 2026Startups

Funding Startups

Generalist AI Reports $198.2M Sold in Equity Offering With $10M Still Available

The new Form D puts a large financing on the public record, with 32 investors already participating and a narrow remaining allocation. It does not provide the pricing terms needed to calculate a valuation or dilution.

3 min

Aug 24, 2026Business

Partnership Business

Mistral and HUMAIN Put Hundreds of Millions Behind Saudi AI Plans, With Compute Terms Still Open

The partnership gives Mistral a route into Saudi infrastructure and regulated-industry sales, but its commercial value will hinge on terms not yet disclosed: the model, the customers, the capacity and the delivery plan.

3 min

Aug 24, 2026Models

Launch Models

Alibaba Rolls Out Wan3.0, Turning Business Files Into 30-Second AI Videos

The product is designed to turn existing material such as presentations and spreadsheets into video, while Alibaba is funding a more capital-intensive AI push.

3 min

August 2026

2 stories

Aug 21, 2026Startups

Funding Startups

Rillet Raises $100 Million to Challenge Accounting’s Legacy Stack

The company is betting that finance teams will replace systems built around human data entry with agent-led workflows—but the controls around sensitive financial work remain central to that pitch.

4 min

Aug 21, 2026Startups

Funding Startups

Callosum Raises $100 Million as It Routes AI Work Across Models and Chips

The UK startup’s Tailored Inference service makes two choices for each piece of an AI workload: which model should handle it, and which accelerator should run it. Its performance claims remain limited to selected tasks.

3 min

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Latest AI News

Yesterday

Together AI Secures 250 MW in Saudi Arabia as U.S. Data-Center Resistance Grows

Earlier this week

GraniteShares’ 2x Anthropic Funds Cannot Launch Until the Company Trades Publicly

Google Agrees to Buy 396 MW of Geothermal Power for a Planned Utah Data Center

Humain, DataVolt Plan 100 MW AI Data Center at NEOM’s Oxagon

Last week

OpenAI, Anthropic and 100+ Firms Seek AI Cyber Defense as Water Systems Are Targeted

DeepSeek Reportedly Seeks $7.4 Billion at $74 Billion Valuation for Compute Buildout

Databricks Files $5B Equity Offering With Nearly All of It Already Sold

Socure Raises $156M at $5.2B, Buying Fravity to Automate Fraud Reviews

Portica AI Files $450,000 SAFE Offering Fully Sold to Three Investors

EMXETF Lists TGRZ, a China LLM ETF With an 80% China-Exposure Mandate

Morningstar Brings PitchBook to Gemini Enterprise With Attributed Research

Alibaba Raises HK$80B for Full-Stack AI as Investors Question the Spending Payoff

Nvidia Is Reportedly Discussing a Perplexity Stake at a $30 Billion-Plus Valuation

Generalist AI Reports $198.2M Sold in Equity Offering With $10M Still Available

Mistral and HUMAIN Put Hundreds of Millions Behind Saudi AI Plans, With Compute Terms Still Open

Alibaba Rolls Out Wan3.0, Turning Business Files Into 30-Second AI Videos

August 2026

Rillet Raises $100 Million to Challenge Accounting’s Legacy Stack

Callosum Raises $100 Million as It Routes AI Work Across Models and Chips