Microsoft Invests $33 Billion in Neoclouds for AI Capacity
Microsoft has committed $33 billion to neocloud providers like Nebius and CoreWeave to address AI data center capacity shortages, according to Bloomberg.
Stay up to date with the latest developments in artificial intelligence.
Microsoft has committed $33 billion to neocloud providers like Nebius and CoreWeave to address AI data center capacity shortages, according to Bloomberg.
Rumble has announced a strategic partnership with Perplexity AI to integrate AI tools for improved content discovery on its platform, as stated in a press release by Global Newswire.
DigitalOcean has announced a significant expansion of its AI offerings, unveiling the DigitalOcean AI Ecosystem and AI Partner Program at the Deploy London conference.
Microsoft plans to primarily use its own custom-designed chips in its data centers, aiming to reduce reliance on Nvidia and AMD. This strategy is part of a broader effort to optimize AI workloads and address computing capacity shortages.
Google has expanded the capabilities of its AI coding agent, Jules, by introducing a command-line interface and public API, enhancing its integration into developer workflows.
Elix, Inc. and Tohoku University have entered a joint research agreement to advance drug discovery using AI technologies, focusing on developing compounds for challenging protein targets.
In 2025, AI technology has transformed mobile education by enabling offline, personalized learning experiences on low-cost devices, overcoming previous limitations of cloud-based systems.
360Learning has launched its AI Companion, an intelligent partner designed to support learning journeys and boost productivity, as announced in a press release.
Elon Musk's xAI is developing Grokipedia, an AI-powered platform intended to rival Wikipedia, aiming for enhanced transparency and factual accuracy.
OpenAI has finalized a $6.6 billion secondary share sale, valuing the company at $500 billion and surpassing SpaceX as the most valuable privately held company.
Perplexity AI has acquired Visual Electric, an AI-based image and video generation platform, to develop new consumer product experiences. Visual Electric will wind down its operations over the next 90 days.
Bonterra has introduced Que, an AI platform designed to assist nonprofits and funders in enhancing their operations and impact.
IBS Software has introduced a new generation of AI-powered virtual agents at its 25th Cargo Forum in New Delhi, aiming to transform air cargo operations.
Confianza has appointed Greg Johnson as its new CEO, effective August 11, 2025, to drive growth and AI integration in the insurance technology sector.
GS Microelectronics has acquired Muse Semiconductor, enhancing its capabilities in semiconductor design and production. The acquisition aims to expand GSME's reach across North America, Europe, and Asia.
SuperX AI Technology Limited has introduced the SuperX Modular AI Factory, a solution designed to reduce AI data center deployment time to under six months, announced in a press release.
Kyruus Health has announced a strategic partnership with Healthgrades to improve the digital presence of healthcare providers by streamlining data management and ensuring accurate provider profiles.
Blighter has won a follow-on contract to supply its B400 series radars for border surveillance in Southeast Asia, enhancing situational awareness across diverse terrains.
Applitools has named Anand Sundaram as its new CEO, effective immediately, according to a press release. Sundaram brings over two decades of experience in software quality and AI technologies.
Accelint has announced the appointment of Brian Morrison as its new CEO, succeeding Mike Betzer, who led the company since its formation in 2024.