Blackstone, Apollo, KKR Invest $5.34B in Williams' AI Power Plants
A Blackstone-led investor group is funding 49% of five natural-gas power plants that pipeline giant Williams is building largely to supply electricity to AI data centers.
Read more →AI in Businessand AI Hardware
Every AI News story tagged with both AI in Business and AI Hardware — the two topics side by side, updated as new articles publish.
22 articles
Anthropic Recruits Monzo Co-Founder to Tackle Compute Crunch
Monzo co-founder Tom Blomfield is taking leave from Y Combinator to join Anthropic's compute team, as the AI lab races to secure the computing power it needs to keep scaling Claude.
Read more →Dongfang Suanxin Unveils DF1000 AI Chip to Skirt US Chip Curbs
Shanghai startup Dongfang Suanxin unveiled its DF1000 AI chip on July 13, bypassing US export curbs with 3D memory stacking instead of banned high-bandwidth memory.
Read more →Intel Commits €5 Billion to Expand Chip Plant in Ireland
Intel will invest €5 billion to expand its Leixlip campus in Ireland, adding capacity for Xeon server processors as AI data center demand strains chip supply.
Read more →Meta Expands Louisiana AI Data Center to $50 Billion, 5 Gigawatts
Meta is expanding its Hyperion data center in Richland Parish, Louisiana, to 5 gigawatts of capacity, pushing total investment past $50 billion and funding local schools and infrastructure.
Read more →UST Cuts Chip Validation Time 50–70% With Anthropic's Claude
UST, an engineering services firm serving chipmakers and manufacturers, says integrating Anthropic's Claude into its hardware validation platform cut test cycles by up to 70%.
Read more →TSMC Posts Record June Revenue as AI Chip Demand Outstrips Supply
Taiwan Semiconductor reported a 68% year-over-year jump in June revenue, as AI chip orders continue to outstrip its production capacity ahead of full Q2 earnings on July 16.
Read more →SK Hynix Raises $26.5 Billion in Record Nasdaq Debut
SK Hynix, the top maker of AI memory chips, began trading on Nasdaq on July 10 in the largest-ever US listing by a foreign company, with shares jumping 13%.
Read more →Meta Breaks Ground on $13B AI Data Center in Alberta, Canada
Meta has begun construction on a 1-gigawatt, AI-optimized data center in Alberta — its first in Canada and 33rd globally, backed by a CAD $13 billion investment.
Read more →Apple Sues OpenAI Over Alleged Trade Secret Theft
Apple has sued OpenAI in federal court, accusing two former Apple engineers of stealing confidential hardware secrets to help build OpenAI's in-development AI device.
Read more →Meta to Start Producing In-House AI Chip 'Iris' in September
Meta plans to begin manufacturing its in-house "Iris" AI chip in September, aiming to double its data center computing capacity to 14 gigawatts by 2027, an internal memo reviewed by Reuters shows.
Read more →AI Chip Maker SambaNova Raises $1B, Hits $11B Valuation
SambaNova closed the first tranche of a $1 billion Series F round led by General Atlantic, and said JPMorganChase will deploy its chips for on-premises AI inference.
Read more →Syntiant Files for Nasdaq IPO to Scale 'Physical AI' Chips
Intel- and Microsoft-backed chipmaker Syntiant filed to list on Nasdaq under ticker SYTN, betting on demand for its low-power, on-device 'Physical AI' processors.
Read more →Samsung's Q2 Profit Surges 19-Fold to $58 Billion on AI Memory Boom
Samsung Electronics said preliminary operating profit for the second quarter jumped roughly 19-fold as AI-driven demand pushed DRAM and NAND memory prices sharply higher.
Read more →What Is a Neocloud? The GPU Clouds Powering the AI Boom
A neocloud is a cloud company built to rent out GPUs for AI work — and it's why bitcoin miners are turning old mining sites into AI data centers.
Read more →Anthropic Signs $19 Billion Data Center Lease With TeraWulf
Anthropic will lease a 401-megawatt AI computing campus in Hawesville, Kentucky, from TeraWulf under a 20-year, $19 billion deal, with capacity coming online starting in 2027.
Read more →China's GLM-5.2 Rivals US Frontier AI at One-Sixth the Cost
Z.ai has released GLM-5.2, a 744-billion-parameter open-weight model that matches GPT-5.5 on key benchmarks and trails Claude Opus 4.8 narrowly — trained entirely on Huawei silicon with no Nvidia hardware.
Read more →South Korea Bets $880 Billion on AI and Semiconductor Dominance
President Lee Jae Myung unveiled a sweeping national strategy on June 29, committing at least $880 billion from Samsung, SK Hynix, and major Korean conglomerates to semiconductors, AI infrastructure, and data centers through 2035.
Read more →Samsung Commits $648 Billion to AI Chips Over the Next Decade
Samsung Group pledged 1,000 trillion won ($648 billion) at a South Korean government briefing on June 28, with over 350 trillion won targeting AI data centers and semiconductor factories across the country over ten years.
Read more →SK Hynix Plans $29 Billion Nasdaq Listing to Expand AI Memory
South Korea's leading chipmaker SK Hynix plans to raise $29.4 billion via a Nasdaq ADR offering — which would be the largest in history — to fund new AI memory production capacity.
Read more →SK Hynix Files for $29B Nasdaq Listing to Expand AI Memory Supply
The South Korean chipmaker behind more than half the world's HBM memory—the critical component inside AI accelerators—is seeking $29.4 billion on Nasdaq to fund four new semiconductor plants.
Read more →