MiniMax to Raise $538M in Hong Kong IPO at Top Price
MiniMax prices Hong Kong IPO at top range, raising $538M with $6.5B valuation amid strong demand for Chinese AI startups.
Anthropic Expands Google Cloud TPU Deal Worth Billions
Anthropic secures access to one million Google Cloud TPU chips in deal worth tens of billions bringing gigawatt capacity online in 2026.
SpaceX Invests $2 Billion in xAI for AI Technology Expansion
SpaceX invests $2 billion in xAI, fueling Elon Musk’s push for AI leadership with Grok chatbot integration across his companies.
OpenAI Co-Founder John Schulman Departs to Join Anthropic
OpenAI co-founder John Schulman leaves to join AI startup Anthropic, focusing on AI alignment and hands-on technical work.
OpenAI Co-Founder Ilya Sutskever Launches SSI for Safe AI
Ilya Sutskever, OpenAI co-founder, launches Safe Superintelligence Inc. (SSI) to develop a safe superintelligent AI.