AI startup Wonderful valued at US$5B in latest funding round
Enterprise AI software firm Wonderful said on Wednesday it had raised US$550 million in a funding round that valued it at $5 billion.
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Enterprise AI software firm Wonderful said on Wednesday it had raised US$550 million in a funding round that valued it at $5 billion.
Berkshire Hathaway Chief Executive Greg Abel said on Wednesday he sees significant opportunities for the conglomerate’s energy business from the buildout of AI data centers, after Berkshire made Google parent Alphabet GOOGL.O its third-largest common stock holding.
Dell Technologies’ shares climbed nearly 10 per cent in premarket trading on Wednesday, as strong demand for its AI-optimized servers powered an increase in its annual revenue and profit forecasts.
ChatGPT maker OpenAI said Tuesday it was preparing to release its newest powerful model, known as Astra, after implementing 'stronger safeguards' following a rogue cyberattack involving a different AI model.
SB Energy recorded a 66.4 per cent revenue jump in the first half of 2026, the SoftBank-backed 9984.T data center developer disclosed on Tuesday in paperwork for its U.S. IPO, as AI infrastructure companies seek to tap surging investor appetite.
Data centres have requested roughly as much electricity across the middle swath of the United States as it takes to power every home in the country, but much of that demand may be an illusion.
Nvidia said on Monday it has invested US$3.5 billion in convertible bonds issued by Taiwan’s MediaTek 2454.TW, which could add to growing investor concerns about circular financing in the AI sector.
ChatGPT will have to comply with tougher safety rules after the EU added it Monday to a list of digital services subject to greater legal scrutiny, a first for an AI chatbot.
Chinese markets are booming with new public stock offerings, energized by the craze for artificial intelligence and other advanced technology and a growing preference to list shares in Hong Kong and Shanghai.
Cadence Weapon never gave artificial intelligence permission to learn from his music. But the Edmonton-raised rapper, born Rollie Pemberton, says he recently found 129 of his songs in datasets used to train AI music generators.
Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and reports issued on Thursday by cybersecurity companies Gambit Security and CloudSek.
The Government of Saskatchewan says it's prioritizing Canadian ownership and furthering Canadian data sovereignty with its new policy on data centre developments.
Nvidia shares rose about six per cent as investors embraced the chipmaker’s strong long-term outlook, betting that a global race to build AI infrastructure.
Companies are grappling with issues including whether autonomous AI systems fit traditional policy definitions of a cyber attacker and who bears liability for AI-generated actions that cause a loss, analysts and experts said.
Bill Gates warned Wednesday that the world is dangerously unprepared for the upheaval brought by artificial intelligence, with the technology destroying jobs and threatening human connection, especially for young people.
Bill Gates is looking to meet with Chinese President Xi Jinping later this year, eager to propose global efforts to mitigate the growing risks posed by artificial intelligence.