Microsoft Plans Record $30 Billion Spending Amid AI Growth
Microsoft is set to spend a record $30 billion this quarter, driven by strong AI and cloud performance, according to Reuters.
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Microsoft is set to spend a record $30 billion this quarter, driven by strong AI and cloud performance, according to Reuters.
Philatron International has announced rapid lead times for its Philaflex line of power cables, designed for AI-driven data centers, according to a press release.
Echo Software Inc. has raised $15 million in Seed funding to create AI-driven, vulnerability-free application infrastructure, announced in a press release. The funding round was led by Notable Capital and Hyperwise Ventures.
Globant has announced a major upgrade to its AI platform, Globant Enterprise AI, incorporating Model Context Protocol (MCP) and Agent2Agent (A2A) Protocol to enhance interoperability and integration across various platforms.
Coveo Solutions Inc. announced a 16% growth in its core platform for Q1 FY26, driven by generative AI solutions, according to a press release. The company also expanded its partnership with SAP.
Human Longevity, Inc. has extended its $1 million cancer pledge to include lung cancer, focusing on AI-driven early detection through its Executive Health Program.
Apple plans to significantly increase its AI investments and is open to mergers and acquisitions to accelerate its AI strategy, according to CNBC.
Gannett has announced a strategic agreement with Perplexity to license content from USA TODAY and its network of over 200 local publications, integrating it into Perplexity's AI-powered search experiences.
Streamline AI has closed $14 million in total funding, including an $8.6 million Series A round led by Blumberg Capital, to expand its AI-powered platform for in-house legal teams.
C8 Health has raised $12 million in a Series A funding round to expand its AI-powered platform that provides clinicians with instant access to best practices, addressing care inconsistency in hospitals.
Red 6 has partnered with Northrop Grumman to integrate its augmented reality system into the Beacon platform, enhancing autonomous mission capabilities.
Calpine Corporation and CyrusOne have announced a 190-megawatt agreement to support a new data center in Bosque County, Texas, expected to be operational by late 2026.
Health Gorilla has joined the CMS-Aligned Network as a trusted data network, enabling AI-ready clinical data exchange at a national scale, announced in a press release.
Fermi America has partnered with Hyundai Engineering & Construction to develop the nuclear component of a private grid for next-generation AI, as announced in a press release. The project aims to deliver up to 11 GW of power.
Temporal Technologies and OpenAI have launched a new integration to enhance the development of production-grade AI agents, announced in a press release. This collaboration allows engineering teams to combine the OpenAI Agents SDK with Temporal's Durable Execution engine.
RIVANNA has received $9.92 million from BARDA to accelerate the development of its CADe/x AI module for the Accuro XV platform, enhancing fracture and soft tissue injury detection.
Arkstone, a biotechnology company specializing in AI-driven clinical decision support, has been acquired by ARCHIMED, a healthcare-focused private equity firm, as announced in a press release.
eStruxture Data Centers, a portfolio company of Fengate Asset Management, has secured C$1.35 billion in financing to expand its data centers across Canada, including C$750 million in asset-backed securities.
Chalo has partnered with Quantiphi and Snowflake to enhance its data infrastructure, improving efficiency and reducing costs.
OpenAI, in collaboration with Nscale and Aker ASA, announced the establishment of Stargate Norway, an advanced AI infrastructure project in Narvik, Northern Norway.