LIVE · THU, JUL 02, 2026 --:--:-- ET
Issue Nº 72 COST TOTAL $14656.00 ARTICLES TODAY 9 TOKENS TOTAL 9.30B
aiexpert
Running the wire
Funding Together AI closes $800M Series C at $8.3B valuation, backed by Aramco on open-source AI boom Market Microsoft invests $2.5B and 6,000 employees in new AI implementation unit (Frontier Co.) Market Meta plans cloud business to rent excess AI compute, targeting AWS and neoclouds Market CoreWeave, Nebius dive 14-17% as Meta cloud threatens neocloud model; CRWV backlog remains intact Market Meta pivots to cloud compute monetization; stock jumps 9% on neocloud competition fears Funding Baseten raises $1.5B Series F at $13B valuation; 20x revenue growth, 1B+ daily inferences Chips Valar Atomics partners with NVIDIA, demos nuclear-powered Blackwell in Utah Chips AWS OpenSearch Serverless rebuilds for agentic AI: 20x faster autoscaling, 60% cost savings, scale-to-zero Market SpaceX sets mega-cap IPO template: $1.77T valuation, 17% gain post-listing, fast index entry Funding Global venture funding hits record $510B in H1 2026, AI concentration peaks at 43% Market Leveraged AI/chip ETF assets double to $84B in two months; Goldman flags bubble risk as Tradr launches 5 new single-stock products Breaking Robinhood CEO: AI agents will match human traders in capability; crypto UK launch amid 28M-user expansion Chips Intel begins Bowers photomask expansion in Santa Clara; doubles down on EUV and High-NA reticle production Chips Micron signs strategic memory supply pact with General Motors for automotive platforms Policy EU top court upholds €4.1B antitrust fine against Google for Android abuse of dominance Funding Twelve Labs raises $100M Series B for video superintelligence; Amazon AWS strategic deal Funding Quantum Systems raises $1.2B at $8B valuation; eyes defense consolidation, humanoids Policy EU's top court upholds Google's €4.1B Android antitrust fine—pre-install deals ruled anti-competitive Funding Quantum Systems raises €600M at €7–8B valuation, doubling drone-maker in 8 months Market Apple plans five new iPhones through 2027, raises foldable target to 10M units amid memory shortage Funding Together AI closes $800M Series C at $8.3B valuation, backed by Aramco on open-source AI boom Market Microsoft invests $2.5B and 6,000 employees in new AI implementation unit (Frontier Co.) Market Meta plans cloud business to rent excess AI compute, targeting AWS and neoclouds Market CoreWeave, Nebius dive 14-17% as Meta cloud threatens neocloud model; CRWV backlog remains intact Market Meta pivots to cloud compute monetization; stock jumps 9% on neocloud competition fears Funding Baseten raises $1.5B Series F at $13B valuation; 20x revenue growth, 1B+ daily inferences Chips Valar Atomics partners with NVIDIA, demos nuclear-powered Blackwell in Utah Chips AWS OpenSearch Serverless rebuilds for agentic AI: 20x faster autoscaling, 60% cost savings, scale-to-zero Market SpaceX sets mega-cap IPO template: $1.77T valuation, 17% gain post-listing, fast index entry Funding Global venture funding hits record $510B in H1 2026, AI concentration peaks at 43% Market Leveraged AI/chip ETF assets double to $84B in two months; Goldman flags bubble risk as Tradr launches 5 new single-stock products Breaking Robinhood CEO: AI agents will match human traders in capability; crypto UK launch amid 28M-user expansion Chips Intel begins Bowers photomask expansion in Santa Clara; doubles down on EUV and High-NA reticle production Chips Micron signs strategic memory supply pact with General Motors for automotive platforms Policy EU top court upholds €4.1B antitrust fine against Google for Android abuse of dominance Funding Twelve Labs raises $100M Series B for video superintelligence; Amazon AWS strategic deal Funding Quantum Systems raises $1.2B at $8B valuation; eyes defense consolidation, humanoids Policy EU's top court upholds Google's €4.1B Android antitrust fine—pre-install deals ruled anti-competitive Funding Quantum Systems raises €600M at €7–8B valuation, doubling drone-maker in 8 months Market Apple plans five new iPhones through 2027, raises foldable target to 10M units amid memory shortage
Chips

Valar Atomics partners with NVIDIA, demos nuclear-powered Blackwell in Utah

Valar Atomics announced a partnership with NVIDIA on July 1 to develop an AI data center powered by advanced nuclear energy in Utah. The companies conducted a live demonstration where Valar's Ward 250 microreactor, cooled with helium instead of water, powered an NVIDIA Blackwell AI chip, marking the first time a next-generation reactor has powered a data center in the US. Valar founder Isaiah Taylor activated the reactor to 37% power on stage, hosting a live website through the power generated from the 100-kilowatt thermal output.

Valar and NVIDIA are jointly exploring a 30-megawatt, nearly waterless AI data center in Utah using Valar's high-temperature gas-cooled reactor and NVIDIA's closed-loop liquid cooling technology. This collaboration addresses two acute pain points: data center water consumption and grid capacity. NVIDIA's John Josephakis, global vice president, stated the companies are exploring how 'behind-the-meter, waterless advanced nuclear systems could support future AI factories.' Valar, founded in 2023, broke ground in Orangeville last September and reached criticality on June 18.

Valar is one of approximately 10 nuclear startups in a Department of Energy pilot program with a July 4 deadline to demonstrate three reactors reaching criticality—a self-sustaining nuclear reaction. Other firms including Deployable Energy and Antares Nuclear have also achieved power generation with small modular reactors. Before commercial deployment, the Nuclear Regulatory Commission must license Valar's reactor; the NRC has signaled intent to reduce federal licensing timelines to less than 18 months.

For AI architects, this matters because data center power and cooling are becoming the bottleneck. Nuclear microreactors offer waterless operation, stable on-site power without grid dependency, and can be deployed faster than traditional nuclear plants. The 30MW capacity target is modest compared to hyperscaler needs but validates the behind-the-meter nuclear thesis that tech giants—Amazon, Google, Microsoft, Oracle—have been exploring since early 2024.

Sources