AI Insider·
Insider Brief PRESS RELEASE — nEye.ai, a pioneer in integrated optical interconnects, announced it has raised $80 million in Series C financing led by Sutter Hill Ventures with participation from existing investors including Alphabet’s independent growth fund, CapitalG; Microsoft’s Venture Fund, M12; and Socratic Partners, among others. This latest infusion of capital brings nEye’s total funding to […]
Read full articleAlphabet's strategic AI advancements and custom chip development could reshape tech industry dynamics, challenging Nvidia's market position. The post Alphabet poised to overtake Nvidia as world’s most valuable company appeared first on Crypto Briefing.
The post Vertiv (VRT) Stock Soars to New Peaks Amid AI Infrastructure Boom appeared on BitcoinEthereumNews.com. Key Highlights First-quarter 2026 revenues reached $2.65 billion, representing a 30.1% annual increase and surpassing analyst projections Earnings per share of $1.17 on an adjusted basis significantly exceeded the $1.00 consensus forecast Shares have climbed 115% since the start of the year, trading at $340.02 and approaching the 52-week peak of $359.84 Wall Street sentiment remains positive with 21 of 26 analysts maintaining Buy recommendations, despite average targets trailing current valuations Management upgraded annual EPS projections to a range of $6.30–$6.40 while setting second-quarter outlook at $1.37–$1.43 Vertiv (VRT) shares are hovering near record territory following exceptional first-quarter results driven by accelerating artificial intelligence infrastructure buildouts. Vertiv Holdings Co, VRT The infrastructure solutions provider delivered first-quarter revenu
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
OpenAI CEO Sam Altman and Microsoft CTO Kevin Scott. | Image: Getty Images When OpenAI was busy experimenting with AI-powered gaming bots, Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman were in the early days of forming an AI partnership. Court documents from the ongoing Musk v. Altman trial have provided a rare look at the communications between Microsoft's top executives about investing in OpenAI and fears the AI startup could "storm off to Amazon" and "shit-talk" Microsoft. Just days after OpenAI showed a bot beating a Dota 2 professional in the summer of 2017, Altman responded to Nadella's congratulations email with a proposal for a much bigger partnership with OpenAI to fund its next phase of AI resear … Read the full story at The Verge.
TCI has cut its position in tech giant from 10% to 1%
Leaders at the tech giant were skeptical of OpenAI—but wary of pushing it into the arms of Amazon, according to emails dating back to 2018.
SANTA CLARA, Calif. and CORNING, N.Y., May 7, 2026 — NVIDIA and Corning Incorporated have announced a multiyear commercial and technology partnership to dramatically expand U.S.-based manufacturing of the advanced optical […] The post NVIDIA and Corning Announce Long-Term Partnership to Strengthen US Manufacturing for AI Infrastructure appeared first on AIwire.
MRC (Multipath Reliable Connection) is a new open networking protocol developed by OpenAI in partnership with AMD, Broadcom, Intel, Microsoft, and NVIDIA that improves GPU networking performance and resilience in large-scale AI training clusters by spreading packets across hundreds of paths simultaneously, recovering from network failures in microseconds, and enabling supercomputers with over 100,000 GPUs to be built using only two tiers of Ethernet switches. The post OpenAI Introduces MRC (Multipath Reliable Connection): A New Open Networking Protocol for Large-Scale AI Supercomputer Training Clusters appeared first on MarkTechPost.
