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OpenAI Signs $38 Billion Cloud Deal with Amazon

OpenAI Signs $38 Billion Cloud Deal with Amazon
OpenAI announced a multi‑year cloud partnership with Amazon Web Services valued at $38 billion, ending its exclusive reliance on Microsoft’s Azure. The agreement grants AWS access to thousands of NVIDIA GB200 and GB300 GPUs for training and inference of OpenAI’s next‑generation models, with deployment slated for completion by the end of 2026 and options to extend into 2027. The move follows OpenAI’s recent corporate restructuring, which gave it the freedom to negotiate with competitors, and is expected to support millions of ChatGPT users while complementing OpenAI’s existing $12 billion annual revenue stream and its $250 billion Azure commitment. Read more →

Mistral AI Expands Global Partnerships and Model Portfolio

Mistral AI Expands Global Partnerships and Model Portfolio
Mistral AI, the French AI startup, continues to broaden its ecosystem with new models, enterprise integrations, and strategic collaborations across Europe and beyond. The company has rolled out updates to its Le Chat assistant, introduced a suite of open‑source and premium models, and secured partnerships with firms such as Microsoft, IBM, Orange, and Stellantis. Recent initiatives include an AI Campus joint venture, a European AI‑compute platform, and expanded API offerings for enterprises. Funding milestones and high‑profile leadership underscore Mistral’s ambition to become a leading independent AI lab. Read more →

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth
Replit announced a $250 million financing round that lifts its valuation to $3 billion. The round was led by Prysm Capital with participation from Amex Ventures and Google’s AI Futures Fund, while earlier backers such as Y Combinator, Andreessen Horowitz, and Coatue also took part. The company reports an annualized revenue surge from $2.8 million to $150 million in less than a year, surpassing the $100 million ARR reported in June. Replit’s deep ties to Google Cloud and its recent inclusion on Microsoft Azure highlight its expanding platform ecosystem. Read more →

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity
OpenAI has reportedly pledged $300 billion to Oracle over a five‑year period to secure up to 4.5 gigawatts of power for new data‑center capacity, a deal announced by major newspapers and slated to begin in 2027. The agreement, part of OpenAI’s broader push to diversify beyond Microsoft Azure, ties into the company’s Stargate Project, a multi‑billion‑dollar effort to build AI infrastructure with partners including Oracle, Microsoft, Nvidia and Softbank. The deal reflects soaring demand for generative‑AI compute, with U.S. data‑center numbers having nearly doubled since 2021 and power consumption expected to double again by 2035. Read more →

Mistral AI Expands Global Partnerships and Model Portfolio

Mistral AI Expands Global Partnerships and Model Portfolio
Mistral AI, the French AI startup, continues to broaden its ecosystem with new models, enterprise integrations, and strategic collaborations across Europe and beyond. The company has rolled out updates to its Le Chat assistant, introduced a suite of open‑source and premium models, and secured partnerships with firms such as Microsoft, IBM, Orange, and Stellantis. Recent initiatives include an AI Campus joint venture, a European AI‑compute platform, and expanded API offerings for enterprises. Funding milestones and high‑profile leadership underscore Mistral’s ambition to become a leading independent AI lab. Read more →

Mistral AI Expands Global Partnerships and Model Portfolio

Mistral AI Expands Global Partnerships and Model Portfolio
Mistral AI, the French AI startup, continues to broaden its ecosystem with new models, enterprise integrations, and strategic collaborations across Europe and beyond. The company has rolled out updates to its Le Chat assistant, introduced a suite of open‑source and premium models, and secured partnerships with firms such as Microsoft, IBM, Orange, and Stellantis. Recent initiatives include an AI Campus joint venture, a European AI‑compute platform, and expanded API offerings for enterprises. Funding milestones and high‑profile leadership underscore Mistral’s ambition to become a leading independent AI lab. Read more →

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth
Replit announced a $250 million financing round that lifts its valuation to $3 billion. The round was led by Prysm Capital with participation from Amex Ventures and Google’s AI Futures Fund, while earlier backers such as Y Combinator, Andreessen Horowitz, and Coatue also took part. The company reports an annualized revenue surge from $2.8 million to $150 million in less than a year, surpassing the $100 million ARR reported in June. Replit’s deep ties to Google Cloud and its recent inclusion on Microsoft Azure highlight its expanding platform ecosystem. Read more →

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth
Replit announced a $250 million financing round that lifts its valuation to $3 billion. The round was led by Prysm Capital with participation from Amex Ventures and Google’s AI Futures Fund, while earlier backers such as Y Combinator, Andreessen Horowitz, and Coatue also took part. The company reports an annualized revenue surge from $2.8 million to $150 million in less than a year, surpassing the $100 million ARR reported in June. Replit’s deep ties to Google Cloud and its recent inclusion on Microsoft Azure highlight its expanding platform ecosystem. Read more →

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity
OpenAI has reportedly pledged $300 billion to Oracle over a five‑year period to secure up to 4.5 gigawatts of power for new data‑center capacity, a deal announced by major newspapers and slated to begin in 2027. The agreement, part of OpenAI’s broader push to diversify beyond Microsoft Azure, ties into the company’s Stargate Project, a multi‑billion‑dollar effort to build AI infrastructure with partners including Oracle, Microsoft, Nvidia and Softbank. The deal reflects soaring demand for generative‑AI compute, with U.S. data‑center numbers having nearly doubled since 2021 and power consumption expected to double again by 2035. Read more →

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity
OpenAI has reportedly pledged $300 billion to Oracle over a five‑year period to secure up to 4.5 gigawatts of power for new data‑center capacity, a deal announced by major newspapers and slated to begin in 2027. The agreement, part of OpenAI’s broader push to diversify beyond Microsoft Azure, ties into the company’s Stargate Project, a multi‑billion‑dollar effort to build AI infrastructure with partners including Oracle, Microsoft, Nvidia and Softbank. The deal reflects soaring demand for generative‑AI compute, with U.S. data‑center numbers having nearly doubled since 2021 and power consumption expected to double again by 2035. Read more →

Mistral AI Expands Global Partnerships and Model Portfolio

Mistral AI Expands Global Partnerships and Model Portfolio
Mistral AI, the French AI startup, continues to broaden its ecosystem with new models, enterprise integrations, and strategic collaborations across Europe and beyond. The company has rolled out updates to its Le Chat assistant, introduced a suite of open‑source and premium models, and secured partnerships with firms such as Microsoft, IBM, Orange, and Stellantis. Recent initiatives include an AI Campus joint venture, a European AI‑compute platform, and expanded API offerings for enterprises. Funding milestones and high‑profile leadership underscore Mistral’s ambition to become a leading independent AI lab. Read more →

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth
Replit announced a $250 million financing round that lifts its valuation to $3 billion. The round was led by Prysm Capital with participation from Amex Ventures and Google’s AI Futures Fund, while earlier backers such as Y Combinator, Andreessen Horowitz, and Coatue also took part. The company reports an annualized revenue surge from $2.8 million to $150 million in less than a year, surpassing the $100 million ARR reported in June. Replit’s deep ties to Google Cloud and its recent inclusion on Microsoft Azure highlight its expanding platform ecosystem. Read more →

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity
OpenAI has reportedly pledged $300 billion to Oracle over a five‑year period to secure up to 4.5 gigawatts of power for new data‑center capacity, a deal announced by major newspapers and slated to begin in 2027. The agreement, part of OpenAI’s broader push to diversify beyond Microsoft Azure, ties into the company’s Stargate Project, a multi‑billion‑dollar effort to build AI infrastructure with partners including Oracle, Microsoft, Nvidia and Softbank. The deal reflects soaring demand for generative‑AI compute, with U.S. data‑center numbers having nearly doubled since 2021 and power consumption expected to double again by 2035. Read more →

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity

OpenAI Commits $300 B to Oracle for Massive Data‑Center Power Capacity
OpenAI has reportedly pledged $300 billion to Oracle over a five‑year period to secure up to 4.5 gigawatts of power for new data‑center capacity, a deal announced by major newspapers and slated to begin in 2027. The agreement, part of OpenAI’s broader push to diversify beyond Microsoft Azure, ties into the company’s Stargate Project, a multi‑billion‑dollar effort to build AI infrastructure with partners including Oracle, Microsoft, Nvidia and Softbank. The deal reflects soaring demand for generative‑AI compute, with U.S. data‑center numbers having nearly doubled since 2021 and power consumption expected to double again by 2035. Read more →

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth

Replit Secures $250 Million Funding, Valued at $3 B Amid Explosive Revenue Growth
Replit announced a $250 million financing round that lifts its valuation to $3 billion. The round was led by Prysm Capital with participation from Amex Ventures and Google’s AI Futures Fund, while earlier backers such as Y Combinator, Andreessen Horowitz, and Coatue also took part. The company reports an annualized revenue surge from $2.8 million to $150 million in less than a year, surpassing the $100 million ARR reported in June. Replit’s deep ties to Google Cloud and its recent inclusion on Microsoft Azure highlight its expanding platform ecosystem. Read more →

Mistral AI Expands Global Partnerships and Model Portfolio

Mistral AI Expands Global Partnerships and Model Portfolio
Mistral AI, the French AI startup, continues to broaden its ecosystem with new models, enterprise integrations, and strategic collaborations across Europe and beyond. The company has rolled out updates to its Le Chat assistant, introduced a suite of open‑source and premium models, and secured partnerships with firms such as Microsoft, IBM, Orange, and Stellantis. Recent initiatives include an AI Campus joint venture, a European AI‑compute platform, and expanded API offerings for enterprises. Funding milestones and high‑profile leadership underscore Mistral’s ambition to become a leading independent AI lab. Read more →