AI
Nvidia just helped a 5-year-old startup raise $668 million
GPU cloud provider GMI Cloud raised $668 million, with Nvidia joining the equity round, to fund a $500 million AI data center in Taiwan set to open by March 2026.
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AI
Meta's tax bill dropped 71% while it spent $72 billion on AI
Meta is telling the IRS its AI data centers are experimental, a classification that let its federal tax expense drop from $9.6 billion to $2.8 billion in a single year.
AI
This AI startup raised $34.5 million to fix insurance paperwork
Outmarket, which uses AI to automate paperwork for insurance brokers, raised a $34.5 million Series B just four months after its last funding round, at a $335 million valuation.
AI
AI's funding problem just moved from the stock market to the bond market
Goldman Sachs tracks nearly $500 billion in AI-related debt issued in 2026 so far, with hyperscalers borrowing at 14 times 2024 levels to fund the AI buildout.
Technology
The AI boom turned Singapore into a chipmaking powerhouse, and a risk
Singapore's economy is riding the AI chip boom to record growth, but high costs, scarce land, and its role as neutral ground between the US and China all threaten how long that lasts.
AI
AI broke the job application, and companies are scrambling to fix it
Job seekers now use AI to apply to hundreds of postings at once, flooding employers with applications. The resume is losing its grip on hiring as a result.
