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.
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Every AI News story tagged with both AI in Business and News — the two topics side by side, updated as new articles publish.
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Daniel Ek's Neko Health Raises $700M, Nears $7B Valuation
Neko Health, the AI-assisted preventive health-scanning startup founded by Spotify's Daniel Ek, raised $700 million in Series C funding as it prepares to open its first US clinic in New York.
Read more →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 →AI Drug-Design Startup Chai Discovery Raises $400M Series C
Chai Discovery, an AI startup that designs antibodies and other molecules from scratch, raised a $400 million Series C led by Index Ventures at a $3.8 billion valuation.
Read more →200+ Economists, 16 Nobel Laureates Warn on AI's Economic Speed
Over 200 economists and AI researchers, including 16 Nobel laureates, signed a Stanford-organized statement warning that AI's economic impact could outpace society's ability to adapt.
Read more →New York Enacts First-in-Nation Freeze on Hyperscale Data Centers
Gov. Kathy Hochul signed an executive order pausing new hyperscale data center permits for up to a year, citing rising electricity bills and grid strain from AI-driven demand.
Read more →Montefiore Lays Off 12 Nurses, Shifts to AI for Insurance Reviews
A Bronx hospital eliminated 12 utilization-review nursing jobs and moved insurance-approval work to AI software, prompting a union grievance over a newly signed labor contract.
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 →Supply Chain AI Startup Auger Raises $50M Series B
Auger, the AI-driven supply chain startup led by former Amazon executive Dave Clark, has raised a $50 million Series B, bringing its total funding to $150 million.
Read more →DeepSeek in Talks for New Funding at $71 Billion Valuation
DeepSeek has opened talks for a new funding round valuing the Chinese AI lab at $71 billion, just weeks after its first outside round closed near $50 billion, the Financial Times reports.
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 →Anthropic Valuation Hits $1.2 Trillion on Secondary Markets
Anthropic shares are trading at an implied $1.2 trillion valuation on private secondary markets, according to Business Insider, edging past OpenAI's roughly $908 billion for the first time.
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 →OpenAI's No. 2 Executive Fidji Simo Steps Down Amid Illness
Fidji Simo is leaving her full-time role as OpenAI's CEO of Applications after a relapse of a chronic illness, transitioning instead to a part-time advisory position.
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 →Anthropic Invites the Public to Submit Its Hardest Questions About AI
Anthropic is asking the public to submit its toughest concerns about AI and pledging to publicly track how it responds, backed by large-scale surveys of Americans and Claude users worldwide.
Read more →Fed Names Marc Andreessen to Lead New AI Jobs Task Force
The Federal Reserve has created a task force led by investor Marc Andreessen to study how AI reshapes productivity and jobs, informing future monetary policy.
Read more →Anthropic Appoints Former Fed Chair Ben Bernanke to Oversight Trust
Former Federal Reserve Chair Ben Bernanke has joined Anthropic's independent Long-Term Benefit Trust, the body that advises the AI company on managing AI's societal and economic risks.
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