L&T to Build India's Largest Nvidia AI Factory for Together AI
Indian engineering giant Larsen & Toubro will deploy 10,000 Nvidia B300 GPUs in Chennai for Together AI, its largest single AI infrastructure order yet.
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DeepSeek Raises API Prices Up to 12x With Peak-Hour Billing
DeepSeek will begin peak and off-peak API pricing on August 16, raising some DeepSeek-V4-Pro rates by up to 12 times as demand for its models surges.
Read more →Uber and Pony.ai to Deploy 2,000 Robotaxis Across Europe
Uber and China's Pony.ai are expanding their robotaxi partnership beyond Zagreb to four more European cities and the Middle East, deploying over 2,000 self-driving cars.
Read more →Riot Platforms Signs $9.1B AI Data Center Deal With Anthropic
Bitcoin miner Riot Platforms will lease 191 megawatts of Texas data-center capacity for $9.1 billion over 20 years; Bloomberg and CNBC identify the tenant as Anthropic.
Read more →Anthropic in Talks to Buy AI Video Startup Decart for $6 Billion
Anthropic is negotiating to acquire Decart AI, an Israeli startup behind real-time video and chip-efficiency technology, in what would be its largest deal to date, Bloomberg reports.
Read more →Anthropic Cancels Planned Claude Sonnet 5 Price Increase
Anthropic says Claude Sonnet 5's introductory API pricing will stay in place permanently, cancelling a scheduled 50% rate increase that was due to take effect September 1.
Read more →Nvidia, Wall Street Giants Plan $500B AI Financing Platforms
Nvidia signed agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build financing platforms that could mobilize over $500 billion for AI infrastructure.
Read more →Intel Raises $20 Billion in Stock Sale to Fund AI Chip Expansion
Intel priced a $20 billion stock offering on August 10, upsized from an initial $15 billion plan, to fund AI chip manufacturing and foundry expansion.
Read more →Anthropic Makes 'Auto Mode' the Default in Claude Code
Starting August 14, Claude Code will let Claude decide its own permissions by default for Pro, Max, and Team users, after tests found it caught far more risky commands than manual approval.
Read more →Anthropic, Macquarie, GIC Launch Theseus for AI Data Centers
Anthropic has teamed up with Macquarie Asset Management and Singapore's GIC to launch Theseus Infrastructure, a venture that will build and lease US data centers dedicated to running Claude.
Read more →AMD Acquires Taalas, an AI Inference Chip Startup
AMD has agreed to acquire Taalas, a Toronto startup that etches AI models directly into silicon, aiming to boost inference speed and efficiency across its chip lineup.
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Nvidia-Backed Firmus Raises $2B to Expand AI Factories
Australian AI infrastructure firm Firmus raised $2 billion from Nvidia, Blackstone, Coatue and Jane Street, nearly doubling its valuation to $10.5 billion to expand AI data centers across Asia-Pacific.
Read more →Demis Hassabis Steps Down as Google DeepMind CEO
Demis Hassabis is becoming Alphabet's chief scientist and DeepMind's chairman, handing daily operations to Koray Kavukcuoglu as veteran researcher Jeff Dean also departs.
Read more →EU Begins Enforcing AI Act Transparency Rules
The European Commission started enforcing the EU AI Act's transparency rules on August 2, requiring chatbots and deepfakes to disclose AI involvement or risk fines up to 3% of global revenue.
Read more →OpenAI Cuts GPT-5.6 Luna Price 80%, Adds Faster Sol Tier
OpenAI slashed GPT-5.6 Luna's API price by 80% and Terra's by 20%, citing GPU efficiency gains, while adding a paid "Fast mode" for its top-tier Sol model.
Read more →AMD, Core Scientific Sign $14B Deal for Up to 2.5GW of AI Power
AMD and Core Scientific signed a 15-year infrastructure deal worth more than $14 billion, starting with 529 megawatts of U.S. data center capacity in 2027 and room to grow to 2.5 gigawatts.
Read more →Nscale to Acquire Anyscale, Maker of the Open-Source Ray Framework
GPU cloud provider Nscale has agreed to buy Anyscale, the startup behind the open-source Ray framework, in a deal reported at roughly $1.65 billion.
Read more →GlobalFoundries Wins $300M US Grant for AI Chip Photonics
The U.S. Commerce Department is giving GlobalFoundries up to $300 million to build optical links for AI chips, part of an $874 million CHIPS push across seven firms.
Read more →China's CXMT Chip IPO Surges 466%, Rattles Global Rivals
ChangXin Memory Technologies raised $8.6 billion in a record Shanghai IPO, then surged as much as 466% on debut, becoming China's most valuable mainland-listed firm and rattling Micron and SK Hynix shares.
Read more →Microsoft Launches MAI-Cyber-1-Flash, Its First Cybersecurity AI Model
Microsoft unveiled its first in-house cybersecurity AI model and Project Perception, an agentic system meant to find and fix vulnerabilities faster than human teams alone.
Read more →Meta Hands BlackRock 80% Stake in New $14B AI Data Center
Meta and BlackRock formed a joint venture to build a 1-gigawatt AI data center in El Paso, Texas, shifting most of the roughly $14 billion project off Meta's balance sheet.
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