With Nvidia hitting a market capitalization of $4 trillion, it’s time to wonder if we could be hitting some kind of peak in investor interest in artificial intelligence.

But it sure hasn’t shown up yet. This week we saw Amazon considering another huge investment in Anthropic — perhaps to help it field an AI agent marketplace reportedly coming next week — as well as a possible billion-dollar funding of Mistral by MGX and a potential big funding at up to a $200 billion valuation for xAI. There was also a raft of smaller but still substantial fundings of more targeted AI companies such as Harmonic and LangChain, both for $100 million. 

Not least, there’s real product here: We saw a renewed rush of new models, especially those focused on AI agents. And big money keeps going into the infrastructure behind all this, as CoreWeave bought data center building Core Scientific for $9 billion. GlobalFoundries also bought processor design house MIPS to expand its product line.

It’s hard to imagine every part of this investment frenzy ends well — especially with Elon Musk’s xAI touting the glories of Hitler and the bad guys using AI to impersonate government officials (something that enterprises had better pay attention to) — but for now, it’s all dancing in the streets. Enjoy it while you can.

Amazon Web Services held a Mid-Year Leadership Summit with theCUBE, and we got a lot of editorial, unsponsored interviews with AWS execs, topped by CEO Matt Garman — well worth checking out.

To close out on a more entertaining note, the Trump-Musk feud intensified, if that’s possible, to the extent that it tanked Tesla’s stock for a day. Meantime, Musk’s seemingly invisible CEO of X, Linda Yaccarino, finally left after what must have been a miserable couple of years.

Here’s all the news this week from SiliconANGLE and beyond:

AI and data: Investors can’t get enough of AI

Milestones

Nvidia hit a $4T market cap, the first company to do so — and of course it’s all about AI Now that’s a big number.

Highlights from the AWS Mid-Year Leadership Summit

These interviews with Matt Garman and other AWS leaders are unsponsored editorial stories:

Inside AWS’ enterprise infrastructure playbook: CEO Matt Garman on AI, cloud and speed

Inside AWS’ halftime playbook: 13 ways agentic AI is redefining enterprise innovation

AWS S3 steps beyond storage to power AI’s next wave

AWS believes humans and AI can be workplace allies

AWS doubles down on AI-first infrastructure to meet soaring global demand

From dashboards to decisions: How AWS is transforming data access at scale

AWS retools for an agentic future with observability and OpenSearch

Highlights from theCUBE’s and NYSE Wired’s RAISE Summit in Paris:

12 signs AI infrastructure is reshaping the IPO market: theCUBE’s RAISE Summit insights

AI ecosystems in full swing at RAISE Summit

Policy

Report: Marco Rubio impersonator used AI to contact government officials And how enterprises need to deal with these mounting deepfake threats too: Security practices must evolve to battle growing deepfake sophistication

Elon Musk’s updated Grok chatbot promoted the Holocaust and praised Adolf Hitler

OpenAI tightens internal security amid fears of IP theft by Chinese AI rivals

New models and services

AWS reportedly set to launch agentic AI marketplace with Anthropic next week

Elon Musk’s xAI sets AI benchmark records with new reasoning-optimized Grok 4 model

Docker launches new capabilities to support AI agent development

Monday.com debuts AI tools to help users build, automate and execute work

OpenAI set to release Chromium-based browser built around AI agent

Perplexity introduces Comet browser with AI-powered automation tools

New FlexOlmo language model design removes need for sharing of training data

Graphwise enhances its graph database to become the brains of AI agents

Deepgram launches Saga: an AI-powered voice interface for developers

Zoom delivers new agentic AI capabilities to help users save time

New Clarifai tool lets AI models run locally and scale through the cloud

New Gen unveils intelligent web storefronts for retailers to take advantage of ‘agentic commerce’

Vidu updates Q1 AI video generation model to handle up to seven image inputs

Money matters

Elon Musk’s xAI reportedly raising new funding at up to $200B valuation

OpenAI’s Windsurf deal is off — and Windsurf’s CEO is going to Google (per The Verge)

Report: Amazon weighing new multibillion-dollar investment in Anthropic

Report: Mistral AI in talks with MGX on $1B equity financing round

Harmonic raises $100M at nearly $900M valuation to scale AI model for formal mathematical reasoning

AI infrastructure startup LangChain reportedly raises $100M at $1.1B valuation

Global VC funding climbs to $91B in second quarter as AI leads investment trends

Capgemini buys business automation firm WNS for $3.3B to enhance its agentic AI expertise

Data security startup Virtru raises $50M in funding

Foundation EGI raises $23M funding round to expand industrial AI platform

Enterprise AI development platform Vellum raises $20M to help businesses deploy apps faster

AI enterprise resource planning startup Nominal raises $20M for mid-market automation

Datafy raises $20M in seed funding to optimize cloud storage costs autonomously

LGND raises $9M to help AI models analyze geospatial data

Synfini gets $8.9M to accelerate drug discovery with AI

Blok raises $7.5M to build AI agents that simulate human behavior to accelerate software testing

Abacus raises $6.6M to bring AI assistants to accounting firms

Pimloc raises $5M to expand AI video privacy platform globally

There’s even more AI and big data news on SiliconANGLE

Around the enterprise: CoreWeave’s big buy

New products and services

IBM debuts new servers based on custom Power11 processor

Oracle Database@AWS launches into general availability with new features

Red Hat offers free and simple self-serve access to RHEL for application developers

Samsung debuts new foldable devices, upgraded smartwatches

Money matters

CoreWeave to acquire data center builder Core Scientific for $9B in stock

Samsung warns of big profit miss from US restrictions on advanced AI chip exports

GlobalFoundries buys RISC-V chipmaker MIPS to accelerate its AI ambitions

Apple appeals €500M EU fine over App Store policies

Amplitude acquires Kraftful to enhance ‘Voice of Customer’ insights

Data privacy startup Didomi acquires Sourcepoint to advance consent and compliance

Vehicle repair management startup ServiceUp raises $55M

Data center infrastructure automation startup Spacelift gets ready for takeoff after raising $51M

We have lots more news on cloud, infrastructure and apps

Cyber beat

Attack & response

Ingram Micro confirms ransomware attack disrupted systems over July 4 weekend

Sonatype report finds 188% spike in open-source malware in the second quarter

Splunk uncovers surge in social engineering through fake CAPTCHA attacks

Morphisec warns of Iran-backed ransomware campaign driven by political motives

Silverfort uncovers critical Netlogon flaw impacting Windows domain controllers

New services

Coralogix and AWS team up to enhance AI observability and threat detection

Platform9 and Commvault team up to unify cloud-native and virtual machine data protection

New Barracuda backup tool extends Microsoft Entra ID data retention

MetTel partners with Check Point to launch enterprise mobile threat defense

More cybersecurity news here

Elsewhere around tech: Trump tanks Tesla

Tesla shares plunge amid investor concerns over Trump-Musk feud

IonQ prices $1B equity offering to accelerate its push into quantum networking

Intel’s RealSense spins out with $50M in funding to help AI humanoid robots see the world

Augmentus lands $11M to scale no-code robot programming

BQP raises $4.8M to expand quantum-accelerated digital twin platform BQPhy

Cobionix raises $3M to build autonomous medical robotics platform

And check out more news on emerging tech, blockchain and crypto and policy

Comings and goings

After two years as X CEO, Linda Yaccarino is stepping down Will anyone notice? But what the departure of a former big-name advertising exec also makes apparent is that X, which owner Elon Musk once wanted to build into an app that does “everything,” now aims to use it mainly to harvest data for xAI.

SAS named Matt Parson chief financial officer, succeeding retiring CFO David Davis.

Dataminr also has a new CFO: Tiffany Buchanan, former CrowdStrike SVP of finance and capital markets.

Customer communications platform Iterable appointed Sam Allen, former Salesforce EVP and Tableau chief operating officer, its new CEO. Founder and former CEO Andrew Boni will become chief scientist.

Apple lost top AI models executive Ruoming Pang to Meta’s hiring spree (per Bloomberg). And the next day, Apple announced that 27-year vet Jeff Williams will retire as chief operating officer, to be replaced by Sabih Khan, Apple’s SVP of operations “as part of a long-planned succession.”

Meanwhile, OpenAI poached four high-ranking engineers from Tesla, xAI and Meta: David Lau, Uday Ruddarraju, Mike Dalton and Angela Fan (per Wired).

Snowflake named 11-year Amazon Web Services veteran Chris Niederman as its new channel chief, succeeding Tyler Prince, who left in April (per CRN).

New Relic named a new chief revenue officer: former Pinecone Chief Operating Officer and Twilio CRO Lauren Nemeth.

Diligent Robotics, a maker of humanoid robots for hospitals and pharmacies, hired two former Cruise execs: Rashed Haq as chief technology officer and Todd Brugger as COO (per TechCrunch).

Image: SiliconANGLE/Reve