BREAKINGOpenAI closes $40B round at $340B valuation — largest private tech raise ever·MODELSAnthropic ships Claude Opus 4 with extended thinking and agentic capabilities·FUNDINGxAI raises $6B Series C led by Andreessen Horowitz for Grok infrastructure·REGULATIONEU AI Act enters full enforcement — high-risk systems must comply now·AGENTSGoogle DeepMind open-sources Gemini Agent Framework for autonomous task completion·RESEARCHStanford HAI: Enterprise AI adoption hits 78% globally, GenAI in production at 45%·WARNINGUS Senate passes AI Transparency Act — content labeling required at scale·PRODUCTMeta releases Llama 4 Maverick open-weight model rivaling proprietary alternatives·MODELSDeepSeek V3 scores within 2% of GPT-4o on MMLU at 1/10th the inference cost·FUNDINGMistral AI raises €600M Series B at €6B valuation for European AI sovereignty·BREAKINGOpenAI closes $40B round at $340B valuation — largest private tech raise ever·MODELSAnthropic ships Claude Opus 4 with extended thinking and agentic capabilities·FUNDINGxAI raises $6B Series C led by Andreessen Horowitz for Grok infrastructure·REGULATIONEU AI Act enters full enforcement — high-risk systems must comply now·AGENTSGoogle DeepMind open-sources Gemini Agent Framework for autonomous task completion·RESEARCHStanford HAI: Enterprise AI adoption hits 78% globally, GenAI in production at 45%·WARNINGUS Senate passes AI Transparency Act — content labeling required at scale·PRODUCTMeta releases Llama 4 Maverick open-weight model rivaling proprietary alternatives·MODELSDeepSeek V3 scores within 2% of GPT-4o on MMLU at 1/10th the inference cost·FUNDINGMistral AI raises €600M Series B at €6B valuation for European AI sovereignty·
announcement
Astera Labs debuts new Scorpio smart fabric data center switch to scale up AI compute clusters
May 5, 2026Scale AI
Event Summary
Networking chip company Astera Labs Inc. is trying to ease the traffic congestion in artificial intelligence data centers with the launch of the latest generation of its Scorpio smart data fabric switch family, the X-series. According to the company, it’s the largest open and “memory-semantic” fabri
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