Finland’s emerging AI startup NestAI has captured significant attention after securing €100 million (about $115 million) in new funding and unveiling a strategic partnership with Nokia to advance artificial intelligence for defense and autonomous systems. The round, led by Finland’s sovereign wealth fund Tesi alongside Nokia, signals a major vote of confidence in the company’s mission to build AI technologies that can be deployed in unmanned vehicles, autonomous operations, a

Brookfield Asset Management has unveiled a sweeping US$100-billion artificial intelligence infrastructure program that signals just how aggressively global investors are moving to support the next generation of AI technologies. Announced on Wednesday, the initiative is being launched in partnership with Nvidia and the Kuwait Investment Authority, bringing together one of the world’s leading investment managers, a dominant AI chipmaker, and a major sovereign wealth fund to acc

SoftBank Group Corp. has once again made headlines with its decision to sell its entire stake in Nvidia Corp. for $5.83 billion, a move aimed at fueling its growing investments in artificial intelligence. The sale, though surprising to some investors, reflects founder Masayoshi Son’s ambition to position SoftBank as a dominant player in the expanding AI ecosystem (Bloomberg; Wall Street Journal). Son’s vision extends beyond software and into large-scale infrastructure, from S

Snap Inc. has announced a groundbreaking $400 million partnership with Perplexity, the AI startup behind a popular conversational answer engine. The agreement, revealed alongside Snap’s Q3 2025 earnings, will integrate Perplexity’s AI directly into Snapchat, giving its massive user base a new way to access real-time, research-oriented answers without ever leaving the app (TechCrunch). Under the terms of the deal, Perplexity will pay Snap $400 million in cash and equity over

OpenAI is urging the United States government to dramatically expand its electricity generation, warning that without a massive increase in power supply, America risks losing its lead in artificial intelligence to China. In a letter to the White House Office of Science and Technology Policy, the company called for the construction of 100 gigawatts of new energy capacity each year, nearly double the total that the U.S. added in 2024, to meet the growing demands of AI infrastru

Yahoo co-founder Jerry Yang and SoftBank CEO Masayoshi Son are two visionary leaders whose influence continues to shape the technology...

Blackstone Tactical Opportunities has announced a landmark $300 million investment in DDN, a global leader in AI and data intelligence...

Microsoft has announced its most significant investment in Italy, committing €4.3 billion over the next two years to expand its...

Yale University has announced an ambitious plan to invest over $150 million in artificial intelligence (AI) initiatives over the next...

Microsoft has announced a landmark $3 billion investment to enhance India's cloud computing and artificial intelligence (AI)...

Physical Intelligence, an AI startup focused on creating adaptable software for many robots, recently announced a significant funding...