Allbirds, which recently rebranded to NewBird AI, is changing its name again to Smartbird and appointing Nadia Carlsten as its new CEO, replacing Joe Vernachio. Carlsten has a background in quantum computing and AI infrastructure.
Alphabet CEO Sundar Pichai announced a $45 billion equity offering, oversubscribed with Berkshire Hathaway investing $10 billion, to fund AI compute build-out. The company plans to raise an additional $40 billion via an at-the-market program, bringing the total to $85 billion.
Polymarket, a prediction market platform, has executed its first institutional block trade related to AI compute infrastructure. The six-figure transaction involved FalconX and Anera Labs trading on a contract tracking Nvidia's H100 GPU chip rental pricing.
Rising costs for US-based AI models as adoption surges highlight risks of upstream dependency. The piece argues India should accelerate domestic compute capacity, improve energy and data-center infrastructure, and leverage local players like Reliance to build long-term technological independence.
Elon Musk's xAI has leased its Colossus 1 supercomputer to Anthropic, a move that follows Musk's public shift from criticizing the AI lab to expressing confidence in its leadership. This deal provides Anthropic with significant GPU capacity, addressing its urgent compute needs and enabling immediate inference workloads. The partnership also hints at future collaborations for orbital AI compute infrastructure.
