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SoftBank Invests $457M in Graphcore’s AI Chip Future
SoftBank has injected $457 million into Graphcore, the British AI chip company it acquired in 2024, as the Japanese investment giant continues expanding its role in artificial intelligence infrastructure and hardware. The funding was confirmed by Graphcore after a Companies House filing showed the company issued a single share valued at $457 million on April 10. The investment is part of SoftBank’s larger push to build the technology needed for the next generation of AI syste
Covertly AI
May 123 min read


Anthropic’s $900B Valuation Could Shake Up the AI Race
Anthropic, the company behind the Claude AI assistant, is reportedly considering one of the largest private funding rounds in technology history. The AI startup has received several preemptive offers to raise around $40 billion to $50 billion at a valuation between $850 billion and $900 billion. If completed, the deal would more than double Anthropic’s previous valuation of $380 billion from February and could place it at or above OpenAI’s recent private market valuation. Inv
Covertly AI
May 23 min read


Microsoft Expands AI Infrastructure in Ontario With 1,250 Jobs
Microsoft’s latest expansion in Ontario shows how the race to build artificial intelligence infrastructure is becoming just as much about economic growth and public trust as it is about technology. As part of its previously announced $19 billion commitment to Canada, Microsoft is expanding its cloud and AI infrastructure across Ontario in a move expected to strengthen the province’s computing capacity, reinforce its leadership in the digital economy, and support 1,250 jobs. T
Covertly AI
Apr 83 min read


Google Invests $40B in Texas Data Centers to Power the Future of AI
Google’s latest move in the race to dominate artificial intelligence marks one of the most ambitious infrastructure investments in U.S. tech history. The company has announced a sweeping $40 billion commitment to build three new data centers across Texas, a state rapidly emerging as the epicenter of AI infrastructure thanks to its vast land availability, relatively low energy costs, and business-friendly climate (Pequeno IV). With this development, Texas is poised to host mor
Covertly AI
Nov 17, 20254 min read


Pony AI: A Groundbreaking US IPO for Chinese Driverless-Tech
Pony AI, a Guangzhou-headquartered autonomous-driving technology company, has captured the spotlight with its impressive U.S. initial...
Covertly AI
Nov 28, 20243 min read
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