Category Compute

Snap Spins Out Dotmo as It Recasts AI Video R&D Into a Leaner Bet

Snap spins out its AI video team into Dotmo, a gaming-focused startup, aiming to cut costs while keeping upside through equity and licensing.

Elastic is set to buy DeductiveAI in an AI SRE acquisition worth up to $85 million, signaling consolidation in observability software.

Baseten is reportedly raising $1.5B at a $13B valuation, highlighting the soaring demand for AI inference infrastructure.

Anthropic joins Frontier’s carbon removal coalition as the AI sector faces growing scrutiny over energy use and climate commitments.

Snap’s AR glasses debut sparked a selloff as investors weighed the $2,200 price tag and the company’s long-term hardware bet.

Robot training data is scarce. XDOF is raising $70 million to build the infrastructure frontier AI labs need for physical AI.

CPP Investments commits up to $741 million to CtrlS, betting on India’s AI-driven data center boom and growing digital infrastructure demand.

AI unicorn Sarvam raised $234M at a $1.5B valuation, led by HCLTech, as India pushes for sovereign AI and homegrown models.

SpaceX valuation tops $2.7T after a stock rally and Cursor acquisition, passing Amazon in a market driven by AI and infrastructure bets.

SpaceX agrees to buy AI coding startup Cursor for $60B in stock, expanding Musk’s AI push days after the company’s blockbuster IPO.