Google Bets $75M on A24 as Hollywood's AI Race Shifts
Google DeepMind's $75M investment in A24 aims to build AI tools shaped by filmmakers rather than imposed on them, as studios race to stake their AI positions across Hollywood.
Articles Tagged "Investment"
Behavox Raises $175M From BlackRock for AI Compliance
London-based Behavox lands preferred equity from BlackRock's HPS as compliance demand rises ahead of Colorado and EU AI Act deadlines.
Canada's Pension Giant Bets C$1B on India AI Data Centers
CPP Investments commits C$1 billion to Indian data center operator CtrlS in a dual equity-and-JV structure, joining the global race to build hyperscale AI infrastructure across India.
Apollo and Blackstone Make AI Compute an Asset Class
Broadcom, Apollo, and Blackstone launched the $35B AI XPV Platform on June 9, targeting 20GW of custom AI silicon through 2028 with Anthropic as the anchor customer.
Bezos Backs Flourish's $500M Bet on Brain-Inspired AI
Jeff Bezos anchored a $500M round for Flourish, a New York startup building Cortex AI from connectomics research, targeting 20-50W operation versus server-rack GPU clusters.
AI's Debt Wave Hits $570B as Amazon Borrows $17.5B
Morgan Stanley projects $570B in AI-linked global debt issuance for 2026, more than double last year, as Amazon's $17.5B term loan reveals capex now consuming virtually all hyperscaler cash flows.
OpenAI Files for IPO, Eyes $1 Trillion Valuation
OpenAI filed a confidential S-1 with the SEC on June 8, targeting a public debut above $1 trillion as early as September 2026, following Anthropic by one week.
AirTrunk Commits $30B to 5GW India Data Centers
Blackstone-backed AirTrunk pledges $30 billion and 5GW of AI data center capacity in India by 2030 - more than triple the country's current total installed base.
Trump Eyes Government Equity Stake in OpenAI
The Trump administration is in talks with OpenAI about donating equity to a US sovereign-style fund, a deal that would make American taxpayers co-owners of the most valuable AI startup on Earth.
Meta Deploys Tent Data Centers to Halve AI Build Time
Meta is building tent-style rapid deployment structures at its Ohio Prometheus facility, cutting construction timelines roughly in half and bypassing grid delays with off-grid gas power.
Alphabet's $85B AI Bet Reverses Decade of Buybacks
Alphabet priced an $84.75B equity raise on June 2, reversing a decade of share buybacks to fund a $180-190B AI infrastructure buildout - backed by a $10B bet from Berkshire Hathaway.
Anthropic Files for IPO, Eyes $1 Trillion Debut
Anthropic confidentially filed its S-1 with the SEC on June 1, targeting an October 2026 IPO at a near-$1 trillion valuation after a 5x revenue surge in six months.
