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 increasing revenue per employee by 50 per cent without adding headcount, owing to the adoption of artificial intelligence. The company has become one of the first in its category to realise significant efficiency gains from AI deployment. Source
Nvidia will invest $150 billion a year to establish Taiwan as an artificial-intelligence epicentre, according to the chip maker's chief executive. The move comes as the Trump administration's efforts to develop the United States as a hub for AI manufacturing face setbacks. Source
Illinois lawmakers passed legislation establishing America's strongest artificial-intelligence safety requirements, mandating that companies such as OpenAI, Anthropic, and Google employ third parties to verify compliance with safety standards. Governor JB Pritzker has indicated he will sign the bill. Source
Robinhood announced that it is opening its trading platform to artificial-intelligence agents, allowing traders to create dedicated accounts for AI systems with specified capital allocations to buy and sell stocks. The feature represents a significant expansion of algorithmic trading capabilities for the retail brokerage. Source