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Blackstone's QTS Scraps Massive Virginia Data Center Project After Local Opposition
The cancellation of the gigawatt-scale campus, part of a project valued at up to $50 billion, highlights the growing legal and community hurdles for AI infrastructure in the U.S.
APEC, Founded by Sen. Gillibrand's Son, Raises $30M Seed at $300M Valuation for Equity Derivatives
The round for the American Perpetuals Exchange Corp. was led by Lux Capital, with participation from Ripple's Chris Larsen and Anduril's Palmer Luckey, to build a regulated exchange for single-stock perpetual futures.
Stathera Raises $55M Series B for Its Dual-Output MEMS Timing Chips
The Montreal-based semiconductor company's round, led by Maverick Silicon, targets the growing need for specialized timing components in AI data centers and communications hardware.
LinqAlpha Raises $22M to Arm Hedge Funds with Agent-Based AI
The Series A, co-led by AVP, Atinum Investment, and GFT Ventures, funds a multi-agent AI research platform designed to find novel insights in market data, competing with AlphaSense and Hebbia.
Sales Workspace Startup Aligned Raises $60M Series B Led by PeakSpan Capital
The company, which says it tripled ARR in the last year, provides an AI-driven platform for B2B sales teams and will use the capital to expand its market presence.
Meta Names CMO Alex Schultz Its First Chief Data Officer for AI
The long-time marketing chief will lead a new C-level function for AI analytics, data science, and infrastructure, as Meta elevates data strategy to its executive team.
Palantir and NVIDIA Partner on Sovereign AI for US Agencies, as CEO Calls Rivals ‘Insane’
The deal integrates NVIDIA’s Nemotron open models into Palantir’s platforms for secure government use, a move CEO Alex Karp framed as a direct challenge to the data and pricing models of labs like OpenAI and Anthropic.
Higharc Raises $95M Series C Led by Insight Partners for Homebuilding AI
The Durham-based company, which provides a unified AI platform for home design and construction, brings its total funding to over $170 million.
NVIDIA to Backstop GPU Cloud Startups in Exchange for Revenue Share
The new 'AI Compute Partnership' program guarantees GPU rental income for partners like Firmus and Sharon AI, giving Nvidia a cut of revenue above a certain threshold.
Twelve Labs Raises $100M Series B, Signs Strategic AWS Deal for Video AI
The video search startup's round was co-led by NEA and Naver, with a strategic investment from Amazon that makes AWS its primary cloud and first-launch partner for new models.
CarbonSix Raises $40M Series a for Its ‘Physical AI’ Robotics in Manufacturing
The round, co-led by DSC Investment and LB Investment, will fund commercialization of the company's imitation-learning toolkit for automating complex factory tasks.
Persistent Systems Offers $1.45B for German AI Services Firm Nagarro
The deal would create a nearly $2.9 billion global IT services firm, combining Persistent's North American presence with Nagarro's European AI talent and proprietary platforms.
Microsoft Launches $2.5B, 6,000-Person AI Services Arm
The new 'Microsoft Frontier Company' will embed engineers inside enterprise clients, shifting from a pure partner-led model to directly capture AI implementation revenue.
Anthropic Hires Orange AI Chief Steve Jarrett for European Push
The move brings in a veteran of the highly regulated European telecom market to lead product adaptation for Europe and Africa as Anthropic builds out its international enterprise presence.
SpaceXAI integrates Grok with Cursor following massive acquisition
The transaction forces standalone developers to either build or buy application layers to compete with Anthropic and OpenAI's full-stack enterprise offerings.
JD.com Founder Vows to Protect 900,000 Jobs from AI, Despite Massive Robotics Push
The pledge from founder Liu Qiangdong contrasts with the e-commerce giant's deep investment in automated warehouses, which already feature tens of thousands of robots and plans for 100,000 more.
Meta Hires Virtue AI Founders for Superintelligence Labs
The acquihire brings enterprise AI security specialists, including founders Bo Li and Dawn Song, into Meta's frontier model group, reporting to Nat Friedman.
Brown university economics class sees 47-Point drop in exam averages after AI cheating suspicions force In-Person final
The incident exposes the limitations of current detection tools, pushing administrators to abandon algorithmic filtering in favor of physical proctoring.