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January 2025

Equistone Pauses Fundraising for €2.5 Billion Fund VII
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Biden Signs Executive Order to Power AI Data Centers
President Joe Biden signed an order to lease federal land for AI data centers and clean energy facilities to meet growing power demands.
AMD Invests $20M in Absci to Expand AI in Healthcare
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TSMC Reports Strong Q4 Revenue Amid AI Demand
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Elon Musk's xAI Launches Stand-Alone Grok App
xAI released the Grok app for iOS, giving users free access to its AI chatbot, Grok 2.
Blackstone Invests $300M in AI Data Firm DDN
Blackstone is investing $300 million in DDN, valuing the AI data company at $5 billion.
Netherlands Advances Plans for AI Supercomputer Facility
Dutch government teams up with Nvidia and AMD to build a cutting-edge AI supercomputer, aiming to boost Europe’s digital future amidst fierce global…
UBS Faces Major Settlement Over Credit Suisse Tax Violations
UBS may pay hundreds of millions to settle Credit Suisse’s breaches of a 2014 U.S.
Micron Gains as Nvidia Highlights Memory Partnership
Micron shines after the Nvidia partnership reveal, while Huang’s keynote highlights AI, gaming, and upcoming innovations.
EU Refutes Zuckerberg’s Censorship Claims Amid Meta Policy Shift
The European Commission rejected Meta CEO Mark Zuckerberg's claim that EU data laws censor social media, emphasizing they only require platforms to…
Meta Partners with eBay to Expand Marketplace Offerings
Meta integrates eBay into Facebook Marketplace, expanding options for buyers and addressing regulatory concerns amid ongoing EU appeals.
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