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Minute Media's purchase of AI video startup VideoVerse fell apart after the deal closed, and three separate Delaware lawsuits now accuse founder Vinayak Shrivastav of forging signatures to extract tens of millions.
Nvidia is partnering with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize over $500 billion for AI infrastructure, reviving circular financing fears.
Fresh reporting reveals missed Gemini deadlines, 60-hour burnout weeks, and a Pentagon revolt behind Demis Hassabis's exit as DeepMind's CEO.
OpenAI has quietly folded presentation startup NextSlide into ChatGPT, its latest undisclosed acqui-hire in a pattern that now spans hardware, security testing, fintech, and media.
Nvidia rallied more than 50 companies into an open-source cyber-defense coalition after the OpenAI-Hugging Face breach, but the three trillion-dollar closed labs never signed.
Richard Socher's Recursive Superintelligence signed a $410 million multi-year AWS compute deal with no equity stake, a rare cash-only structure in an industry built on circular financing.
Nvidia is negotiating to backstop $250 billion in financing for OpenAI's 10-gigawatt Ohio data center, plus another $350 billion for the chips going inside it, reviving the circular financing debate.
Nvidia, SK Group, Samsung and Broadcom signed close to a trillion dollars in AI chip and memory deals in San Francisco, and the memory shortage behind them means someone outside the room ends up paying.
Apple closed at $4.88 trillion on July 17, ending Nvidia's 15-month reign as the world's most valuable company, as Wall Street rotates from AI infrastructure toward consumer distribution.
Anthropic, Blackstone, and Hellman & Friedman have launched Ode, a $1.5 billion AI implementation firm betting that deploying models beats building them.
Bengaluru's Emergent raised $130M at a $1.5 billion valuation, five times January's price, betting AI coding agents sell better to small businesses than to developers.
Nebius will sell Reflection AI over $1 billion in Nvidia GB300 compute through 2029, the open-source AI lab's second billion-dollar infrastructure deal in three weeks.
