
Palantir CEO Alex Karp Criticises AI Labs After Record-Breaking Quarter
Palantir CEO Alex Karp criticised leading AI labs while reporting record quarterly results, arguing enterprises should retain control of their data and AI infrastructure.
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Palantir CEO Alex Karp criticised leading AI labs while reporting record quarterly results, arguing enterprises should retain control of their data and AI infrastructure.

Nuclear startup Valar Atomics has raised $1 billion, led by Sequoia, as it scales production of its small modular reactors for AI and energy applications.

Samsung expects the global memory chip shortage to intensify through 2027 as AI demand continues to strain supply until at least 2028.

Amazon’s strong AWS growth and continued AI infrastructure spending boosted investor confidence, highlighting why cloud providers remain AI’s biggest winners.

British AI neocloud Nscale is acquiring Anyscale for a reported $1.65 billion as it expands into AI workload management and scaling software.

Mark Zuckerberg predicts billions of people will use personal AI agents within five years as Meta invests heavily in AI products, compute and infrastructure.

Runlayer has sued Rippling, alleging the HR software company used confidential information from a lengthy product trial to build a competing MCP gateway.

PJM Interconnection plans to temporarily cut power to large data centres during electricity shortages starting in 2027 as demand strains the largest US grid.

Recursive Superintelligence has signed a $410 million multiyear compute agreement with Amazon Web Services to support the development of self-improving AI systems and future AI products.

Microsoft CEO Satya Nadella says businesses should avoid depending on a single AI provider, warning that outsourcing AI infrastructure and data could threaten long-term competitiveness.

A power line failure near Washington, D.C., exposed how rapidly growing AI data centres can destabilise the electrical grid, highlighting the need for smarter power management.

AI chip startup Etched has raised $300 million in a Series C round, doubling its valuation to $10.3 billion as it scales AI inference systems.
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