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Meta strikes $21B CoreWeave deal to boost AI cloud capacity in race with rivals

Meta is opening its wallet again—and this time, the number is hard to ignore. The company has signed a fresh $21 billion agreement with CoreWeave to secure more cloud computing capacity, extending a partnership that is quickly becoming central to […]

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Meta unveils Muse Spark, its first superintelligence model to rival OpenAI and Google

Meta is stepping back into the AI spotlight with a new model it hopes will reset the narrative. On April 8, Meta Platforms introduced Muse Spark, the first release from its newly formed Meta Superintelligence Labs. The model marks a turning […]

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OpenAI halts UK Stargate AI infrastructure project amid energy costs and regulatory concerns

OpenAI’s push to scale its next wave of AI infrastructure has hit a pause in the U.K., a setback that highlights a growing tension facing the industry: building advanced AI systems now hinges as much on energy and policy as […]

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China supercomputer hacked? Hackers claim they stole 10 petabytes of China’s military secrets from National Supercomputing Center in massive data breach

An unknown hacker group claims they breached one of China’s most critical supercomputing facilities, stealing more than 10 petabytes of data—potentially one of the largest exfiltrations of sensitive information ever reported. The alleged target is the National Supercomputing Center in […]

The post China supercomputer hacked? Hackers claim they stole 10 petabytes of China’s military secrets from National Supercomputing Center in massive data breach first appeared on Tech Startups.

Polygon Labs in talks to raise $100M for stablecoin payments push amid crypto slump

Polygon Labs is quietly lining up its next move—and it could reshape how money moves on-chain. The team behind one of Ethereum’s most widely used scaling networks is in early talks with investors to raise up to $100 million. The […]

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Vietnam fintech startup MoMo eyes $2B+ valuation as digital payments boom

Vietnam’s fintech race is heating up, and MoMo is right at the center of it. The Vietnamese digital payments startup is exploring strategic options, including bringing in new investors, in a move that could value the business at more than […]

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Alibaba launches data center with 10,000 homegrown AI chips to challenge Nvidia’s dominance

China’s push to build its own AI stack is starting to take physical shape. Alibaba has teamed up with China Telecom to launch a new data center in southern China, powered entirely by chips designed in-house. At the center of […]

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Golden Analytics emerges from stealth with $7M in funding to build AI-native BI platform that turns raw data into dashboards in seconds

The race to make sense of data just hit a reset. A new AI startup called Golden Analytics has stepped out of stealth with $7 million in seed funding from NEA and Madrona, with participation from Breakers. The pitch is simple […]

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Gartner finds only 28% of AI projects deliver ROI as most fail to deliver results

The promise of AI has been loud. The results, less so. A new report from Gartner puts a number to what many teams are starting to feel: most AI projects aren’t paying off. In infrastructure and operations, just 28% of […]

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Intel joins Elon Musk’s $25B Terafab AI chip megafactory project

Intel just stepped into one of Elon Musk’s most ambitious bets yet—a $25 billion chip megafactory in Austin that aims to rewrite how AI hardware gets built. On Tuesday, Intel said it will join Musk’s Terafab project alongside Tesla, SpaceX, […]

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Europe’s Startup Story Is Getting More Serious, and Cybersecurity Is Leading It

For years, Europe’s startup ecosystem was often discussed in comparative terms. It was compared to Silicon Valley, assessed against U.S. funding levels, and often described as promising but incomplete. That framing is beginning to appear dated. Europe’s startup story is […]

The post Europe’s Startup Story Is Getting More Serious, and Cybersecurity Is Leading It first appeared on Tech Startups.

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