In short: OpenAI has paused its Stargate UK data centre project, citing the high cost of industrial electricity in Britain and an unfavourable regulatory environment around AI copyright. The project, announced in September 2025 alongside Nvidia and Nscale, had planned to deploy 8,000 GPUs at sites in north-east England, scalable to 31,000 over time. OpenAI says […]
In short: Google Cloud and Intel have announced a deepened multi-year AI infrastructure partnership covering both CPU deployment and custom chip co-development. Google Cloud will continue adopting Intel’s Xeon 6 processors across its global infrastructure for C4 and N4 instances, while the two companies are expanding their joint development of custom Infrastructure Processing Units designed to […]
In short: Andy Jassy’s annual letter to shareholders, published on 9 April 2026, reveals that Amazon’s custom chip business, covering Graviton, Trainium, and Nitro, generates more than $20 billion in annualised revenue growing at triple-digit rates year-on-year. If sold on the open market like Nvidia, Jassy says, the business would be worth roughly $50 billion a […]
In short: Oracle has appointed Hilary Maxson, former executive vice president and group chief financial officer at Schneider Electric, as its new chief financial officer, effective 6 April 2026. Maxson reports to chief executive Clay Magouyrk and takes on the role at a moment when Oracle is committing $50 billion in capital expenditure for its current […]
In short: Demis Hassabis, speaking on the 20VC podcast with Harry Stebbings in early April 2026, described how Google DeepMind has accelerated its pace over the past two to three years by merging Google Brain’s compute resources with DeepMind’s research culture and returning to what he called a “startup or entrepreneurial” way of working. He also […]
In short: Peter Bailis, who joined Workday as chief technology officer in May 2025, left the company last month and has taken a role as member of technical staff at Anthropic, where he will focus on reinforcement learning engineering. The move strips away a C-suite title in exchange for technical proximity to the frontier, and lands […]
In short: On the day that 25% US tariffs on South Korean imports took effect, Kia held its 2026 CEO Investor Day in Seoul and presented a plan built for a changed world: a quietly reduced EV sales target for 2030, a major expansion of its hybrid range, the first confirmation of a North American electric […]
In short: BILL has expanded its Supplier Payments Plus product to let large enterprise suppliers accept card and ACH payments from any SMB customer, including those with no BILL account, converting paper checks into digital transactions automatically and depositing card payments directly into supplier accounts. The company says the changes can shorten collection times by up […]
In short: Volkswagen’s autonomous mobility subsidiary MOIA America and Uber have begun on-road testing in Los Angeles with roughly 10 autonomous ID. Buzz vehicles, the opening phase of a deployment that is scheduled to offer commercial rides with human safety operators by the end of 2026, and fully driverless service in 2027. Los Angeles is the […]
In short: Meta has released Muse Spark, the first model from Meta Superintelligence Labs, the unit it assembled under Alexandr Wang after spending $14.3 billion to acquire a stake in Scale AI. Rebuilt from scratch over nine months, the model is natively multimodal, introduces a “Contemplating” reasoning mode that runs sub-agents in parallel, and is now […]
