Nvidia is pouring $1 billion into South Korea’s AI infrastructure through Naver and SK Group
Artificial Intelligence
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Oracle wins Pentagon software deal worth up to $7bn
Government and policy
Launch your PR campaign on TNW
Reach founders, executives, and tech decision-makers across the US and Europe.
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ARTIFICIAL INTELLIGENCE
Roku raises streaming device prices by up to 60 percent as the memory shortage reaches the living room
The Streaming Stick 4K jumps from $50 to $80, the Ultra from $100 to $150, and a company executive blamed shortages in memory and other components caused by the AI boom
INVESTORS AND FUNDING
Multiverse Computing targets a $570m Series C at a $1.7bn valuation to cut AI costs
The Spanish deeptech firm behind CompactifAI is betting that shrinking large language models, rather than scaling them, is where the next round of AI money gets made.
ARTIFICIAL INTELLIGENCE
SAP’s cloud is still booming, and that was enough to calm the AI-doom fears
SAP's cloud business is still growing fast, and that was the number investors wanted. Europe's biggest software company beat cloud-revenue forecasts and lifted its backlog 26%, easing fears that AI will hollow out enterprise-software subscriptions. The stock, down 35% this year on that very worry, jumped, even as SAP trimmed its 2026 profit guidance.
ARTIFICIAL INTELLIGENCE
What OpenAI will show the White House this week
The OpenAI CEO will push for speedy approval of a system powerful enough to crack an 80-year-old conjecture, run coordinated agent swarms, and breach another company's infrastructure unprompted
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