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Meta is developing plans to build a cloud business that would sell API access to AI models running on its infrastructure.
Meta is developing plans to build a cloud business that would rent out raw computing power from its data center footprint.
Meta's potential entry into the cloud computing market could position it as a direct competitor to hyperscalers like Amazon, Microsoft, and Google.
Meta's cloud strategy could focus on selling excess AI computing power, which would make it a direct competitor to "neo clouds" like CoreWeave.
The Trump administration has lifted foreign access restrictions on Anthropic's Fable-5 AI model.
Anthropic has launched a new business to conduct in-house preclinical trial research to discover drugs for conditions unaddressed by major pharmaceutical companies.
Lime raised $174 million in its initial public offering.
Abu Dhabi's MGX has secured nearly $50 billion for one of the largest dedicated technology funds in history.
Starwood Capital has raised a $10.2 billion fund specifically for building high-power data center properties.
TikTok parent company ByteDance plans to build its largest data center outside of China in Brazil as part of a $39 billion project.
The United States has decided to conduct annual reviews of the US-Mexico-Canada Agreement instead of renewing the long-term trade deal.
The Supreme Court has agreed to hear an appeal by Apple to reverse a lower court contempt ruling related to its App Store payment policies in its legal battle with Epic Games.