Latest AI News

Elon Musk purchased $1 billion of Tesla stock (2.57 million shares), his first open-market buy since 2020 and the largest insider purchase in company history. The news drove Tesla shares up 6-7%, erasing 2025 losses. The purchase precedes a November shareholder vote on a proposed $975 billion compensation package for Musk and strengthens his stake as he approaches his 25% voting control goal. Analysts have become more optimistic about Tesla despite challenges including sales slowdowns and expiring EV tax credits.

CoreWeave and Nvidia have formed a $6.3 billion partnership through 2032, with Nvidia purchasing unused cloud computing capacity from CoreWeave. This deal aims to support growing demand for AI infrastructure, particularly for generative AI and high-performance computing applications. The partnership strengthens CoreWeave's position as a key infrastructure provider while expanding Nvidia's cloud capabilities.

Cohere, a Canadian AI company valued at $6.8 billion after raising $500 million, is expanding globally with a new Paris office to meet growing enterprise AI demand in Europe. This strategic move positions the company within Europe's thriving AI ecosystem, where Paris is emerging as a key hub hosting events like the RAISE Summit 2025. Cohere plans to increase hiring, develop partnerships with local companies, and advance its agentic AI technology with multilingual capabilities. The expansion follows the release of its resource-efficient Command A model and aligns with Europe's increased investment in AI infrastructure, collaborative initiatives, and commitment to ethical AI deployment.

Tesla shares surged 5% on September 15, 2025, after CEO Elon Musk acquired an estimated $1 billion worth of the company's stock. The move triggered significant investor enthusiasm and heightened trading activity, particularly in the September 2025 $360 call options, which saw over 120,000 contracts traded. Technical analysts noted Tesla closed above key resistance levels, suggesting potential for continued upward momentum. While experts view Musk's purchase as a strong vote of confidence in Tesla's future, they caution that volatility will likely persist as markets digest this development.