In a major development for the AI industry, SoftBank is planning to create a robotics company focused on building data centers and is already preparing for a $100 billion initial public offering. Meanwhile, Anthropic is reportedly in talks to raise a new $50 billion funding round at a staggering $900 billion valuation.
Amazon's cloud business is experiencing a surge in revenue, but its capital expenditures are also climbing. Apple is making strides in AI-powered photo features, while Elon Musk has been awarded a Mars bonus. Cursor SDK has launched new tools for developers.
Elon Musk testified in a recent legal proceeding, and Meta continues to report significant losses in its AR/VR segment. Satya Nadella commented on the new OpenAI deal, revealing that Microsoft now has 20 million paid Copilot users. Scout AI secured $100 million in military AI funding, and OpenAI unveiled its cybersecurity plan.
Stay tuned for more updates as these stories develop.