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Mobileye Acquires Mentee Robotics for $900M, xAI Raises $20 Billion Led by NVIDIA and Fidelity

Mobileye Acquires Mentee Robotics for $900M, xAI Raises $20 Billion Led by NVIDIA and Fidelity

TL;DR * Mobileye acquires Mentee Robotics for $900M to expand into humanoid robots, targeting 2026 proof-of-concept deployments and 2028 series production * xAI Secures $20B Series E Funding Led by NVIDIA and Fidelity, Valuation Reaches $230B to Expand Colossus Supercomputer and Grok AI Models * Pfizer Acquires Metsera in $12B

Minisforum DEG2, Lenovo ThinkStation PGX, and XAI’s 2GW Cluster Redefine Mobile AI, On-Prem HPC, and Infrastructure Scale

Minisforum DEG2, Lenovo ThinkStation PGX, and XAI’s 2GW Cluster Redefine Mobile AI, On-Prem HPC, and Infrastructure Scale

TL;DR * SK Hynix to build $3.9B HBM module manufacturing plant in Indiana with CHIPS Act funding, targeting TSMC leverage for Nvidia Rubin platforms by 2028 * Minisforum DEG2 external GPU dock delivers dual OCuLink (64Gbps) and Thunderbolt 5 (80Gbps) connectivity with internal M.2 SSD expansion for desktop-grade

AI Code Firm Cursor Nabbed $29.3B Valuation in $2.3B Series D

AI Code Firm Cursor Nabbed $29.3B Valuation in $2.3B Series D

TL;DR * Cursor raises $2.3B Series D, valuing AI code-generation startup at $29.3B. * AI startup valuations soars with Cursor at $29.3B and xAI at $200B. Cursor Series D: A Turning Point for AI Code‑Generation Infrastructure Funding Surge * Series D raise of $2.33 billion, led