The scramble for AI investments intensifies as OpenAI eyes $10 billion from Amazon, possibly part of a larger $100 billion goal, valuing the company at $750 billion. Meanwhile, Databricks is securing $4 billion in a Series L round, raising its valuation to $134 billion. Oracle’s recent partner shift for its $10 billion Michigan data center has unsettled investors, contrasting with Micron’s strong earnings driven by soaring AI demand for high-bandwidth memory.
The AI model race continues with Google unveiling its Gemini model and OpenAI introducing advanced image generation. ServiceNow’s potential $7 billion acquisition of cybersecurity firm Armis has raised eyebrows among investors, reflecting concerns about overreach. As energy demands from AI-laden data centers rise, Radiant Industries has secured $300 million for nuclear reactor production ventures. Additionally, Waymo is reportedly seeking $15 billion at a $110 billion valuation amid significant developments in AI and enterprise tech.
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