Latest AI News

Amazon announced a $20 billion investment to build cloud and AI data centers in rural Pennsylvania, marking the state's largest private corporate investment. The facilities will be located in Salem Township and Falls Township in the Berwick area, with two major complexes planned near a nuclear power plant. The project promises significant economic benefits for local communities, including infrastructure improvements and new jobs. Amazon cited Trump administration regulatory reforms as enabling rapid development. Construction begins immediately, positioning the sites as key regional hubs for Amazon Web Services amid growing AI adoption.

Apple faces significant challenges at WWDC 2025, including delayed AI initiatives and regulatory hurdles. Its Apple Intelligence program lags behind competitors, with many features postponed and reliance on external providers like OpenAI. The company also confronts legal battles over App Store fees and potential tariffs on foreign-made iPhones. With stock down 40%, Apple seeks to regain momentum through new OS designs, developer-focused AI tools, and service enhancements.

The UK's Financial Conduct Authority (FCA) has partnered with Nvidia to launch a "Supercharged Sandbox" allowing financial firms to safely test AI technologies with regulatory guidance. The platform provides access to Nvidia's computing resources and FCA expertise. Launching October 2025, the initiative aims to drive innovation while maintaining compliance standards, helping firms at all stages of AI development benefit from technological advancement in the financial sector.

Meta Platforms is reportedly in talks to invest over $10 billion in Scale AI, a data labeling company valued at $14 billion that serves clients like Microsoft and OpenAI. This would be Meta's largest external AI investment, marking a shift from their typical in-house AI approach, and would rival major investments by Microsoft in OpenAI and Amazon in Anthropic. The deal isn't finalized yet, with both companies declining to comment, but would significantly strengthen Meta's position in the competitive AI landscape.