Latest AI (Artificial Intelligence) News
Cerebras Systems Raises $1 Billion Series H at $23 Billion Valuation
Cerebras closed a $1 billion Series H funding round led by Tiger Global, achieving a $23 billion post-money valuation to scale wafer-scale AI infrastructure. Investors including Benchmark, Fidelity, AMD, Altimeter, and Coatue joined to support global expansion for governments, research institutes, and enterprises running large AI workloads.
Snowflake and OpenAI Announce $200 Million Partnership
Snowflake and OpenAI formed a multi-year, $200 million partnership integrating OpenAI’s models like GPT-5.2 into Snowflake Cortex AI across major clouds. Over 12,600 customers, including Canva and WHOOP, can now build context-aware AI agents on governed data with enhanced security.
Canada Invests $2.8M in Northern AI and Digital Literacy Projects
The Government of Canada, via CanNor, allocated $2.815 million for four projects boosting AI adoption and digital skills in Nunavut, Northwest Territories, and Yukon. Initiatives include training programs by Inuvik Tech Society and AI tools for grants and Arctic sensors.
Global Memory Chip Shortage Driven by AI Demand
A surge in AI and data center demand has caused a global shortage of semiconductor memory chips, with prices rising up to 90% this year. Smartphone shipments may decline 7% in 2026, impacting costs for devices from Apple and Qualcomm.
IBM Launches Global RFP for AI in Education Accelerator
IBM opened a global RFP for its Impact Accelerator, targeting AI solutions for education and workforce development. Selected nonprofits and governments will receive two years of pro bono support for tools like personalized learning and responsible AI simulations.
S&P Global: Organizations Shift AI to Operationalization in 2026
In 2026, firms are moving from AI experimentation to workflow-based deployments amid rapid innovation and choice overload. Focus areas include governance, security, ROI demonstration, and data quality for productivity gains.
Stanford's Tiny Light Trap Advances Million-Qubit Quantum Computers
Stanford researchers developed miniature optical cavities to collect light from individual atoms, enabling scalable qubit readout for quantum computers. Arrays with dozens to hundreds of cavities could support massive quantum networks.
Eli Lilly and NVIDIA Launch $1 Billion AI Lab Partnership
Eli Lilly and NVIDIA announced a $1 billion, five-year joint AI lab in San Francisco to advance pharma AI applications. This reflects growing pharma-AI collaborations alongside massive virtual biology datasets from Tahoe Therapeutics and others.
Cornell Welcomes 11 New Eric and Wendy Schmidt AI Science Fellows
Cornell appointed 11 new postdoctoral fellows in AI science, focusing on biochemical innovations to global climate solutions. The program demonstrates AI's role in accelerating breakthroughs across scientific fields.
GSK Partners with Noetik on Virtual Cell AI for Oncology
GSK signed a five-year, $50M deal with Noetik for virtual cell foundation models and spatial oncology data in lung and colorectal cancer. Bristol Myers Squibb also partnered with Immunai for immune response analysis in trials.
AI Advances Target Undruggable Proteins in Drug Discovery
Researchers use rational design and AI to expand 'undruggable' targets by simulating molecular interactions and identifying candidates faster than traditional methods. This overcomes limitations in chemical space exploration.
World Economic Forum Highlights AI's Macroeconomic Impact
At Davos, experts discussed AI driving 2026 macroeconomic changes, productivity gains, and energy constraints. S&P Global notes the shift to operational AI amid maturing ecosystems and workflow solutions.