ComputeLabs Research
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Databricks announced the completion of a $5 billion financing round at a $190 billion post-money valuation. The source characterized Databricks as a privately held data-analytics software company and said its annualized revenue had exceeded $7 billion, with second-quarter revenue growing more than 80% year over year.
Anthropic Chief Financial Officer Krishna Rao was reported to be leading preliminary meetings with potential initial public offering investors. The discussions remained at an early, high-level stage and had not addressed a proposed IPO valuation.
Advanced Micro Devices priced an aggregate $4.75 billion senior-notes offering in four parts, according to a message identifying an SEC filing as its source. This is a priced debt offering rather than the earlier reported maximum of as much as $5 billion.
President Donald Trump signed a proclamation imposing ad valorem tariffs of 10% to 100% on imported drones and components, citing national-security threats. The 100% rate covers drones of specified sizes or sensitive capabilities, including drones with a maximum takeoff weight above 25 kilograms and drones equipped with thermal-imaging capabilities.
New York Governor Kathy Hochul announced a competitive request for proposals to establish as many as four Regional Quantum Technology Commercialization Hubs across the state. The initiative received $60 million in funding through New York’s fiscal-year 2027 budget.
Lenovo Group (联想集团) said its AI-server backlog reached RMB 360 billion, up from RMB 140 billion in the preceding quarter. Chairman and CEO Yang Yuanqing said AI demand was only beginning and that tight memory supply would continue through both this year and next year.
Semiconductor Manufacturing International Corporation, or SMIC (中芯国际), reported second-quarter sales of approximately $3 billion, up 20% sequentially and 36.1% year over year. Its gross margin was 25.3%, compared with 20.1% in the first quarter and 20.4% in the second quarter of 2025.
Lam Research disclosed plans to invest more than $3 billion over the next five years in its global laboratory network. The expenditure is intended to expand the company’s laboratory capacity by more than 50%.
Sandisk said it had completed tape-out of its first high-bandwidth flash, or HBF, chip. Tape-out refers here to completion of the chip design for manufacturing, not volume production or customer qualification.
Apple opened an advanced manufacturing center in Houston and said the facility had shipped its first advanced AI servers. The company has invested hundreds of millions of dollars in the site, according to the supplied report.
Mitsubishi’s backlog for large-frame gas turbines reached 35 gigawatts. The figure measures the generating capacity represented by turbine orders, not currently operating generation or completed power plants.
Jereh Group (杰瑞股份, 002353.SZ) said its controlled subsidiary J&F Power Systems LLC signed a gas-turbine generator-set supply contract with an unnamed internationally known cloud-service provider in July. The customer subsequently issued a $1.465 billion purchase order.
Open Access Technology International, or OATI, is seeking federal funding for broad deployment of a software-based grid initiative. OATI says the initiative could unlock as much as 20% more capacity on the bulk power system.
Alibaba Cloud (阿里云) said its Wulanchabu data center is one of its five hyperscale data centers. Approximately 90% of the electricity used at the facility is described as green electricity, providing a lower-carbon operating environment for high-density computing.
A federal geothermal parcel in New Mexico sold in June for $701 per acre. Utility Dive described the result as a record-setting bid for a federal geothermal lease.
OpenAI partnered with Cerebras to provide low-latency inference for GPT-5.6 Sol through an UltraFast mode. The service was released as a limited preview to an initial group of customers rather than as a general-availability product.
Oracle announced the general availability of Oracle Exadata Database Service on Exascale Infrastructure through Oracle AI Database@AWS. General availability indicates that the service has moved beyond a preview stage.
Community Labs launched Cascadia as an open-source distributed AI-inference runtime for Intel hardware. The software was developed in collaboration with Intel.
AMD signed a memorandum of understanding with the University of Oxford to support open academic frontier-artificial-intelligence research. The stated support consists of £5 million in compute.
Google launched Gemini 3.7 Flash with introductory pricing of $0.75 per million input tokens and $3.75 per million output tokens. The promotional prices are scheduled to remain in effect through the end of 2026.
Researchers developed a graphics processing unit-based method for compressing scientific-simulation data at 60 gigabytes per second. The metric refers to the rate at which the method processes simulation output, not storage capacity or network bandwidth.
Fudan University’s Whitzard agent (白泽智能体) recorded a 91.2% attack success rate against real vulnerabilities in CyberGym’s latest international AI-security benchmark. The result placed the system second globally and first among university teams, according to the report.
