Demis Hassabis Steps Back From DeepMind CEO as Jeff Dean Leaves Google
Google's August reshuffle makes Koray Kavukcuoglu the day-to-day head of DeepMind.
By AIBW Desk
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AI Business
Alibaba Opens the Weights of Its Most Powerful Qwen Model
Qwen3.8 includes a laptop-ready 27-billion-parameter model pitched for coding and agentic tasks.
By AIBW Desk
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Get in TouchRobotics Has Raised $55.8 Billion in 2026, With China Surging
Dealroom and Crunchbase data show physical AI becoming a major funding category.
By AIBW Desk
AI Chip Startup Funding Stays Hot: SambaNova at $11 Billion, Etched and Rebellions Raise
After Cerebras' IPO, challengers to Nvidia are raising at rising valuations.
By AIBW Desk
Crunchbase: Q3 2026 Posted a Record Count of Billion-Dollar Rounds
The quarter's data shows the AI race pushing large rounds to new highs.
By AIBW Desk
The AI Spending Debate: Bears See a $1 Trillion Gap, Bulls See a Backlog
Analysts split on whether hyperscaler capex will earn its keep, with 2027 spending seen above $1 trillion.
By AIBW Desk
OpenAI’s $110 Billion Round: Amazon $50 Billion, Nvidia $30 Billion, SoftBank $30 Billion
Announced February 27, the round was later reported at $122 billion and an $852 billion valuation.
By AIBW Desk
Meta Raises Its El Paso AI Data Center Budget Sixfold to $10 Billion
The West Texas site is planned at 1 gigawatt by 2028.
By AIBW Desk
Vantage Breaks Ground on a 1.4-Gigawatt Texas Campus for OpenAI
The 'Frontier' site represents more than $25 billion in investment at full build-out.
By AIBW Desk
OpenAI Contracts 3.2 Gigawatts in Georgia for a Data Center Reportedly Over $30 Billion
Bloomberg reported the Effingham County complex in July.
By AIBW Desk
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