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Musk: SpaceX Only Agreed to Short-Term Colossus Lease with Anthropic
SpaceX CEO Elon Musk clarifies the Colossus AI data center lease with Anthropic is for six months, not years, with a 90-day cancellation notice.
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ByteDance Develops Custom CPUs to Fuel AI Expansion
ByteDance is designing custom CPUs to reduce costs and secure supply for its AI infrastructure, amidst surging prices and shortages.
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China's AI Investment Boom Fuels Record Export Surge, Bolsters Yuan
AI and integrated circuits drive China's April exports up 14.1% YoY, nearly doubling forecasts. Yuan strengthens for six consecutive quarters.
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Musk Warns US Must Boost Chip Manufacturing for AI Security
Elon Musk warns the US must scale domestic chip fabrication to protect AI leadership, citing risks of Taiwan dependence and future power shortages.
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YouTube Boosts AI Labels as Google Unveils New Video Remix Tools
YouTube makes AI disclosure labels more visible on videos and Shorts, automatically labeling AI-generated content.
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Snowflake Boosts Revenue Forecast, Lands $6 Billion AWS Deal
Snowflake raises annual product revenue forecast to $5.84 billion and signs a major $6 billion AWS partnership, driving shares up 29%.
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MiniMax Teases M3 Model With Dramatic Speed Leap
Chinese AI lab MiniMax claims its next-gen M3 model achieves 15.6x faster decoding using novel sparse attention technology.
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Cognition's Valuation Soars to $26B in $1B+ Funding Round
AI coding startup Cognition doubles valuation to $26B after raising over $1B, driven by rapid enterprise adoption of its coding agent Devin.