May 2026

SoftBank said it will invest up to €75 billion to build data centers in France, with the goal of developing and operating up to 5 gigawatts of additional capacity. The Japanese conglomerate is betting on French infrastructure to support artificial-intelligence workloads as demand for computing power surges across Europe. Source Microsoft's Github Copilot is moving […]

Groq, a chipmaker, is raising $650 million in internal funding as it pivots away from hardware to focus more on AI inference, the process of refining how AI models respond to prompted requests. The round comes after Nvidia announced a $20 billion deal that was characterised as a not-acquisition of AI talent. Source A South

Anthropic has closed a Series H funding round of $65 billion at a $965 billion post-money valuation, marking what the startup describes as its final private fundraise before a highly anticipated initial public offering. The artificial-intelligence company, which competes with OpenAI and Google on large language models, has now secured substantial capital ahead of its

Snowflake has signed a five-year deal with Amazon worth $6 billion to secure chips for AI workloads. The data-platform company will procure artificial-intelligence processors from AWS, putting further pressure on Nvidia's dominance in the market for specialised silicon. Source Remote, a payroll-service provider, surpassed $300 million in annual recurring revenue and achieved cash-flow positivity by

Cognition, an AI coding startup, has raised $1 billion at a $25 billion pre-money valuation, more than doubling its valuation in eight months. The company is running at $492 million in annualized revenue, according to its statement. Source Meta is rolling out paid subscription plans for Instagram, Facebook, and WhatsApp worldwide, while testing new AI,