Amazon Web Services, Microsoft and NVIDIA have signed agreements to provide the U.S. Defense Department with artificial‑intelligence tools for use on classified networks, the Pentagon announced. The deals, which also include startup Reflection AI, join similar contracts already in place with xAI, OpenAI and Google. Anthropic remains the only major U.S. AI firm without a Pentagon agreement, after a dispute with the administration over safeguards on its Claude chatbot. The rapid expansion of AI in the military has sparked public backlash, as evidenced by a sharp rise in ChatGPT uninstall rates following OpenAI’s own deal. Read more →

The Department of Defense announced Friday that it has finalized classified‑use agreements with OpenAI, Google, Microsoft, Amazon, Nvidia, Elon Musk's xAI and the startup Reflection. The deals will let the Pentagon employ each company’s artificial‑intelligence tools in secure environments as it seeks to become an "AI‑first" fighting force. Anthropic, previously cleared for classified work, was left out after officials labeled its technology a supply‑chain risk and the company refused to relax red‑line restrictions on surveillance and autonomous weapons. Read more →

Legora, the Swedish‑born legal‑tech startup, announced a $50 million Series D extension that pushes its post‑money valuation to $5.6 billion. The round, led by Nvidia’s corporate venture arm NVentures, follows a $550 million Series D completed a month earlier and comes as the company reports $100 million in annual recurring revenue. Legora’s rapid growth pits it against rival Harvey, which recently posted an $11 billion valuation, sparking a high‑stakes battle for market share among law firms worldwide. Read more →

The Wall Street Journal reported that OpenAI fell short of internal revenue and user‑growth goals, including a target of one billion weekly ChatGPT users by the end of 2025. The company dismissed the story as "clickbait" and said its business is "firing on all cylinders," but investors reacted sharply. Shares of Oracle, CoreWeave, SoftBank and several chip makers dropped between 5% and 10% as the market reassessed the massive compute spending commitments tied to OpenAI's projected revenue growth. Read more →

The S&P 500’s Shiller CAPE ratio now sits at 38‑40, the highest level in 155 years aside from the March 2000 dot‑com peak. While market concentration and lofty valuations echo 2000, leading AI firms such as Nvidia, Microsoft, and Alphabet generate cash at historic rates. Analysts debate whether the AI rally will end in a bust or prove sustainable, hinging on whether the $660‑$690 billion annual hyperscaler capex delivers returns. The outcome will decide if today’s prices look like a bubble or a justified premium for a profitable new wave of technology. Read more →

Meta has agreed to power its expanding artificial‑intelligence services with millions of Amazon Web Services (AWS) Graviton processors, the company announced Friday. The ARM‑based CPUs, designed for AI inference tasks, will replace the cloud provider’s previous reliance on competitors such as Google Cloud. The move underscores a broader industry shift toward specialized CPUs for real‑time reasoning, code generation and other agentic workloads, and highlights AWS’s growing portfolio of custom chips, including its Trainium GPU for training and inference. Read more →

DeepSeek, the Beijing‑based artificial‑intelligence startup, released a preview of its next‑generation V4 model on Friday, claiming it can match the performance of leading U.S. systems from Google, OpenAI and Anthropic. The open‑source model emphasizes coding capabilities and boasts compatibility with domestic Huawei hardware, marking a milestone for China’s chip industry. The announcement follows DeepSeek’s earlier R1 model, which drew criticism from U.S. officials over alleged use of banned Nvidia chips and accusations of misusing Anthropic’s Claude technology. Read more →