Ai Expansion News

ByteDance has secured a $29.6 billion unsecured loan from nearly thirty banks, with over sixty percent provided by Chinese banks. These funds are earmarked for

Bengaluru-based health intelligence company Ultrahuman has secured $70 million in funding from investors including Qualcomm Ventures and Alpha Wave. The capital

As Tim Cook steps down as Apple CEO, his environmental legacy is largely positive, with the company setting industry-leading climate goals and reducing its carb

The rapid growth of datacentres, driven by AI companies, is facing backlash from local communities due to their environmental impact and visual intrusion. Madel

Alibaba shares dropped by as much as 10% after the company announced a $10.2 billion share placement to fund its AI expansion, raising dilution concerns and int

Alibaba proposes a $10 billion share placement to fund its global AI expansion, aiming to invest the proceeds into its full-stack AI capabilities and infrastruc

Payments firm Stripe plans to acquire the marketplace OpenRouter as part of its push into artificial intelligence.

Despite the significant water footprint of data centers, some states facing water scarcity are proceeding with large data center projects, raising concerns abou

Jane Street is reportedly in discussions to transfer its $11 billion debt to investors, including Pimco, a move that would enable the secretive trading firm to

India's projected $250 billion data center boom is threatened by power grid bottlenecks, as AI expansion is expected to increase grid demand by 26.3 GW. Delayed

The rapid expansion of AI technology is leading to significant societal costs, including the bulldozing of homes and seizure of land for new data centers in Geo

NatWest, owner of RBS, reported profits exceeding £4.3 billion, driven by its focus on wealth management and artificial intelligence, leading to a rise in its s

SAP has trimmed its 2026 profit goal, indicating the significant cost associated with its push into artificial intelligence. The company is investing in infrast

Microsoft will fund Mistral's European AI expansion through a multibillion-dollar deal, allowing Microsoft Azure customers to use Mistral's French data centers.

Thousands of Google workers have petitioned CEO Sundar Pichai, demanding layoff protections amidst the AI boom and ongoing workforce reductions. The Alphabet Wo

AI-native go-to-market platform Reo.Dev has raised $11.3 million in a Series A funding round led by Elevation Capital, bringing its total capital raised to $15.

Whale has secured an additional $40 million in a Series C3 extension, bringing its total Series C funding to $100 million, to expand its global enterprise AI op

MiniMax CEO Yan Junjie has pledged to forgo his salary until artificial general intelligence (AGI) is achieved, while also planning to transfer personal shares

Microsoft's carbon emissions increased by 25 percent in 2025 due to its AI initiatives, undermining its pledge to become carbon negative by 2030.

Microsoft reported a 25% increase in carbon emissions last year due to the demand for AI, acknowledging that sustainability solutions are not scaling fast enoug