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Groq Raises $650M, Hires Execs After Nvidia Deal
What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and is hiring new execs.
Foundation Alloy's AI-Driven Metals for Drones, Watches, and Knives
Instead of heating metals, Foundation Alloy beats them into submission. The startup has raised $22 million to scale up production of its alloys.
Amazon Borrows $17.5B for AI Spending Amid Debt Surge
Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing.
Trump Eyes Equity in OpenAI for American AI Success
President Donald Trump said he's discussing deals "where the American people can benefit from the success of AI."
GM's New Battery Facility Accelerates Electric Future
GM wants to slash EV prices by deploying new battery tech up to a year earlier than planned. This building is key to making that happen.
AirTrunk Plans $30B AI Data Center Expansion in India
The Australian data center operator plans to set up 5GW of capacity in India.
Uber's 500 Data-Capturing Vehicles for AI Infrastructure
The modified Ioniq 5 will be loaded with sensors to capture data for Uber's new AV Labs division.
Lovable Boosts AI Infrastructure with Google Cloud Expansion
Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable's footprint on Google Cloud, and expanded access to Anthropic Claude.
Thea Energy Raises $100M for Fusion Power Breakthrough
Thea Energy's pixel-inspired magnets could give its power plant plans a boost. The fusion startup hopes to get a commercial reactor working by 2034.
Dutch Government Blocks US Cloud Acquisition Over Public Interest Conc
The move to block the acquisition of the cloud company that hosts the Dutch digital ID service comes as Europe continues to reduce its reliance on U.S. technology.
Trump Administration Approves Volvo's Connected Car Sales
Volvo, which is majority owned by China's Geely Holdings, said it can now move forward with its expansion plans for its U.S. factory.
Trump Admin Seeks Plutonium Use in Nuclear Startups
The U.S. government is sitting on dozens of tons of weapons-grade plutonium. It's hoping startups can find a use for it.
Trump Delays AI Security Executive Order Due to Language Concerns
President Trump delayed signing an executive order that would have required pre-release government security reviews of AI models, citing dissatisfaction with the order's language.
Tesla's Full Self-Driving Expands to Europe
First came the Netherlands, now it's Lithuania. And more European countries appear to be in the queue for Tesla's driver-assistance system.
Nvidia's Record Quarter: $43B in Startup Holdings, Growth to Slow
Nvidia announced another record revenue figure after market close on Wednesday, but forecasted that revenue growth would slow in the following quarter.
Meridian Ventures Launches $35M Fund for MBA-Deferred Founders
This new fund will back founders building enterprise technology in the United States. Meridian is agnostic, co-founder Devon Gethers said, noting that the firm has already invested in companies in fintech, logistics, healthcare, and of course, AI.
AI Infrastructure Strain: Power Prices Surge 76% on U.S. Grid
The price spike is a reminder of a deeper problem: The U.S. power grid was not designed for the electricity demands of an AI-driven economy, and the gap between what the grid can deliver and what the industry needs is widening.
Fervo Energy's AI-Powered IPO Surges 33% on Demand
Fervo Energy's IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn't raising more money.
Medicare's New AI Payment Model: ACCESS Explained
There is no governmental mechanism to pay for an AI agent that monitors a patient between visits, calls to check in, coordinates a housing referral, or makes sure someone picks up their medication. ACCESS creates that mechanism for the first time.
Cowboy Space Raises $275M for Orbital Data Centers
Cowboy Space Corporation wants to put data centers in orbit. First, it has to build the rockets to get them there.
Uber's Plan to Turn Drivers into Self-Driving Sensors
Praveen Neppalli Naga, Uber's chief technology officer, revealed the plan in an interview at TechCrunch's StrictlyVC event in San Francisco on Thursday night, describing it as a natural extension of a nascent program the company announced in late January called AV Labs.
Microsoft's Nadella: Ready to Leverage OpenAI Deal for Cloud Customers
Microsoft gets to offer OpenAI's tech to its cloud customers and doesn't have to pay for it. "We fully plan to exploit it," Nadella said.
Itron Hacked: Critical Infrastructure Giant Breached
The American technology giant provides water and energy monitoring and utility meters to hundreds of millions of homes and businesses.
Hyperscale Data Center in Utah: Powering AI and Jobs
A massive **hyperscale data center project** in rural **Box Elder County, Utah**, led by Shark Tank investor Kevin O’Leary through his company O’Leary Digital (also known as the **Stratos Project** or **Wonder Valley**), is nearing final approval. The development, spanning about 40,000 acres of private land plus 1,200 acres of military and state-owned property, aims to host hyperscale data centers for tech giants like Amazon, Microsoft, and Google. It would generate its own power via natural gas from the Ruby Pipeline — starting at around 3 gigawatts in the first phase and scaling to 9 gigawatts at full buildout, exceeding Utah’s current statewide electricity consumption. Proponents highlight benefits including 2,000 permanent high-paying jobs, substantial tax revenue for Box Elder County (potentially $30 million initially, rising above $100 million annually), funding for modernization at Hill Air Force Base, and advanced water recycling technology that cleans and returns water to an aquifer feeding the **Great Salt Lake**, with minimal net usage. To attract the limited pool of hyperscalers, the Military Installation Development Authority (MIDA) has approved aggressive incentives, including slashing the energy use tax from 6% to 0.5%, significant property tax rebates (with 80% initially directed back to the developer), and personal property tax relief on rapidly depreciating equipment. The project still requires final sign-off from the Box Elder County Commission, which rescheduled its vote to Monday morning after commissioners expressed concerns about the rapid timeline and sought more resident input and legal review. O’Leary has praised Utah’s pro-business speed and framed the initiative as critical for U.S. competitiveness against China in AI and data infrastructure.