Superpower Daily

Superpower Daily

Your reading space

Sign in
Atoms Is Reportedly Preparing a Robotaxi Push That Could Put It...AI Data-Center Land Buying Hits $6 Billion as Rural Backlash Be...Saudi Ministry Backs Google AI Plus Access for 1 Million Univer...OpenAI Prepares Workspace Credits for Completed ChatGPT Plugin...Figma Uses Security Agents to Speed Complex Alert Response, Kee...DoorDash Automatically Labels AI-Enhanced Food Photos on Its Me...Atoms Is Reportedly Preparing a Robotaxi Push That Could Put It...AI Data-Center Land Buying Hits $6 Billion as Rural Backlash Be...Saudi Ministry Backs Google AI Plus Access for 1 Million Univer...OpenAI Prepares Workspace Credits for Completed ChatGPT Plugin...Figma Uses Security Agents to Speed Complex Alert Response, Kee...DoorDash Automatically Labels AI-Enhanced Food Photos on Its Me...
Swipe

Full archive

Latest AI News

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

Category

More filters
Search: Public Investment Fund
Showing 1-18 of 22Results matching "Public Investment Fund"

Yesterday

1 story
PartnershipInfrastructure

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. A domestic siting fight becomes an infrastructure choice The agreement pairs San Francisco-based Together AI with Humain, a Saudi AI company backed by Crown Prince Mohammed bin Salman.

2 min readRead story

Earlier this week

3 stories
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. GraniteShares has filed for two proposed funds built around Anthropic ’s future stock-market performance: one targeting twice its daily gain and another targeting twice its daily decline.

2 min readRead story
PartnershipInfrastructure

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. Google has agreed to buy 396 megawatts of electricity from Fervo Energy’s Cape Station geothermal plant in Utah for a planned data center. Google also has an option to purchase another 600 MW through June 2030, from a project expected to come online in 2028.

2 min readRead story

Last week

12 stories
Security riskPolicy

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. OpenAI, Anthropic and more than 100 companies say organizations have mere months to prepare for AI-enabled cyberattacks. The appeal is not a funded program.

3 min readRead story
FundingStartups

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. DeepSeek is reportedly seeking at least $7.4 billion in new funding at a potential $74 billion valuation, a proposed round aimed at research and development and an expansion of its computing infrastructure.

3 min readRead story
FundingStartups

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. Portica AI has put a completed early financing on the public record, filing an SEC Form D for a $450,000 exempt offering of SAFE notes. The financing record The Form D lists $450,000 as both the offering amount and amount sold, with $0 remaining.

2 min readRead story
LaunchProducts

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. EMXETF has launched the China AI Tigers LLM ETF, trading on Nasdaq as TGRZ, promising targeted exposure to China’s large-language-model and generative-AI industry. The fund is actively managed by Kevin T.

3 min readRead story
PartnershipBusiness

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. Morningstar is connecting PitchBook to Google Cloud ’s Gemini Enterprise for Financial Services. PitchBook contributes intelligence on companies, investors, funds, transactions and private-market activity.

2 min readRead story
FundingStartups

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. Nvidia is reportedly discussing a fresh equity investment in Perplexity that could value the AI search startup at more than $30 billion.

3 min readRead story
PartnershipBusiness

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. Mistral and HUMAIN have set out a sovereign-AI collaboration valued in the hundreds of millions of euros, spanning infrastructure, models and regional deployments.

3 min readRead story
LaunchModels

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. Alibaba has formally rolled out Wan3.0, a video-generation model built to turn business source material into clips of up to 30 seconds. That design shifts the prompt from an open-ended instruction toward an organization’s pre-existing information.

3 min readRead story

August 2026

2 stories
FundingStartups

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. Rillet has raised a $100 million Series C at a $1 billion valuation, backing its push to make AI agents a working layer inside corporate accounting. The round’s investor roster Lead investor: ICONIQ.

4 min readRead story
FundingStartups

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. Callosum has raised $100 million in seed financing as it builds software that splits an AI request into smaller jobs, assigns them to different models and places those models on different chips.

3 min readRead story
4 more next