Breaking news and updates from the world of technology.
Stripe has finalized a deal to buy the AI model routing startup OpenRouter for over $7 billion, gaining control of the most widely used neutral gateway to 400-plus AI models.
The Chinese tech giant is offloading Lingxi Games and its 1,200 employees as CEO Eddie Wu doubles down on AI and cloud computing, targeting $100 billion in AI revenue within five years.
The data and AI platform crossed a $7 billion annualized revenue run rate and posted 80% year-over-year growth, as investors bet big on its three new AI agent products.
The deal, reported by Bloomberg and still not final, would be Anthropic's largest acquisition yet, targeting a startup that squeezes more performance out of the same AI chips rather than building competing models.
Nvidia has signed agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create financing platforms designed to unlock over $500 billion in third-party capital for AI data center buildouts.
The audience-measurement giant is buying one of digital advertising's largest fraud-detection and brand-safety platforms in an all-cash deal, pairing reach measurement with ad quality verification under one roof.
The chipmaker is taking a roughly 20% stake in the Texas energy infrastructure company powering its Stargate AI supercomputer, underscoring that grid capacity — not GPU supply — is now the biggest bottleneck in AI infrastructure buildout.
The AI software company beat estimates on every metric, with US commercial revenue up 149% year-over-year. Full-year guidance was raised to $8.15 billion.
Leopold Aschenbrenner's Situational Awareness fund posted 439% returns in the first half of 2026 on a leveraged bet long AI infrastructure, short software incumbents. Then Marvell fell 40% and Adobe rallied 27% in the same six weeks, forcing a total liquidation to Citadel.
Electronic Arts will end its 35-year run as a public company on August 4, when its $55 billion buyout by Saudi Arabia's PIF, Silver Lake, and Jared Kushner's Affinity Partners closes — surpassing the 2007 TXU Energy deal as the largest leveraged buyout in history.
Stripe is reportedly negotiating to buy OpenRouter, a two-year-old startup that routes developer requests across 400+ AI models, at nearly eight times the $1.3 billion valuation it raised at in May.
Alphabet posted record second-quarter revenue driven by an 82% explosion in Google Cloud — powered almost entirely by demand for AI infrastructure and Gemini enterprise services.