
General Compute’s $400M inference-chip loan signals a new AI financing wave
General Compute lands a $400 million loan from Upper90, signaling that inference chips are becoming a major new AI financing asset.

General Compute lands a $400 million loan from Upper90, signaling that inference chips are becoming a major new AI financing asset.

OpenAI lawsuit fallout grows as Apple fights over secrets, employees launch a super PAC, and New York moves against data centers.

New York Governor Kathy Hochul says AI helped review state rules in months, even as the state pauses new hyperscale data centers.

Industrial AI startup Applied Computing raised $20M to scale Orbital, its model for oil and gas plants, backed by KBR and Databricks Ventures.

SpaceX IPO shares fell below $135 as investors reassess Musk’s vision ahead of a crucial Starship launch and future AI listings.

Rime raised $24M to advance voice AI for enterprise calls, betting on custom training data, lower latency and better pronunciation.

Reflection AI signs a $1B compute deal with Nebius, underscoring the growing importance of compute deal spending in the open-model AI race.

New York enacts the first statewide data center moratorium, pausing large permits as regulators assess AI’s energy and environmental impact.

Uber product strategy is expanding into hotels, AI and autonomous data as the company pushes travel growth without becoming an everything app.

Altman’s jab at Musk spotlights why space data centers remain a long-shot: launch costs, reuse limits and scale still block the business.