Meta Secures Billions Alongside OpenAI's Infrastructure Expansion

The artificial intelligence sector is currently a hotbed of activity, marked by significant investments, strategic acquisitions, and impressive financial performances across various industries. Companies are not only pouring resources into developing AI capabilities but also building the robust infrastructure needed to support this rapid expansion. CoreWeave, a key player in AI infrastructure, reported a stellar third quarter for 2025, with revenue climbing past $1.3 billion and a backlog now exceeding $55 billion. The company secured a substantial $14.2 billion multi-year deal with Meta and expanded its partnership with OpenAI to $6.5 billion, totaling $22.4 billion in new agreements. CoreWeave also leads in deploying advanced hardware, being the first to implement NVIDIA GB300 NVL72 and NVIDIA RTX PRO 6000 Blackwell Server Edition systems. Further boosting AI infrastructure, Tether committed up to $150 million to Rumble Inc. for GPU services over a two-year period, aiming to foster a decentralized AI ecosystem. Meanwhile, Taiwan Semiconductor (TSM) continues to see strong demand for its AI and high-performance chips, with major investments from companies like Meta and Microsoft driving the need for its advanced 3-nanometer and 2-nanometer chips. Even new ventures are emerging, such as Majestic Labs, founded by former Meta and Google executives, which raised $100 million to develop a patent-pending server architecture promising 1,000 times more memory than typical servers, potentially replacing up to 10 traditional server racks and reducing data center costs. Prototypes are anticipated in 2027. AI applications are also seeing rapid development and adoption. 1Mind, for instance, secured $30 million in Series A funding, bringing its total to $40 million, for its AI sales assistant "Mindy." This assistant leverages large language models from OpenAI and Google Gemini to manage inbound sales and close deals for over 30 companies, including HubSpot and LinkedIn. In the defense sector, BigBear.ai plans to acquire Ask Sage for $250 million, integrating a Generative AI platform already serving over 100,000 users across 16,000 government teams. BigBear.ai reported $33.1 million in revenue for Q3 2025 and achieved a net income of $2.5 million. Ensuring the security of these AI systems, cloud security company Zscaler acquired SplxAI, an AI security startup focused on automated testing and protection for enterprise AI. Beyond specialized AI firms, established companies are also integrating AI to enhance operations and expand market reach. Rocket Companies, for example, reported Q3 2025 revenue of $1.61 billion, utilizing AI to boost operational efficiency alongside strategic acquisitions like Mr. Cooper. In the insurance industry, AI-powered Lemonade saw its stock soar by 214% over the past year, with its in-force premium growing 30% and customer count increasing 24% in the third quarter, driven by AI models and chatbots for customer onboarding and claims. Financial trading platform eToro is aggressively expanding globally, using AI and social trading strategies, reporting $224.4 million in Q3 revenue and launching its AI Analyst "Tory." Palantir Technologies Inc. experienced a significant stock jump of over 11% after acquiring 100% of its U.S. government business, a move that simplifies its structure and allows it to sharpen its focus on commercial clients, underscoring its substantial investment in AI. The ripple effect of AI's growth extends even to the utilities sector; the Utilities Select Sector SPDR Fund (XLU) is outperforming the S&P 500, driven by the immense electricity demand from AI data centers. Experts project that utility companies will need to invest $1.4 trillion by 2030 to meet this escalating demand.

Key Takeaways

• CoreWeave secured over $22.4 billion in AI infrastructure deals, including $14.2 billion with Meta and $6.5 billion with OpenAI, and is the first to deploy NVIDIA GB300 NVL72 and RTX PRO 6000 Blackwell Server Edition systems.
• Tether committed up to $150 million for GPU services from Rumble Inc. over two years to power its AI plans and build a decentralized AI ecosystem.
• Taiwan Semiconductor (TSM) reports strong demand for its AI and high-performance chips, with Meta and Microsoft investments driving interest in its 3-nanometer and 2-nanometer chips.
• Majestic Labs, founded by former Meta and Google executives, raised $100 million to develop server architecture offering 1,000 times more memory, aiming to reduce data center costs.
• 1Mind raised $30 million, totaling $40 million, for its AI sales assistant "Mindy," which uses OpenAI and Google Gemini LLMs and serves over 30 companies like HubSpot and LinkedIn.
• BigBear.ai plans to acquire Ask Sage for $250 million, integrating a Generative AI platform used by over 100,000 users across 16,000 government teams.
• Zscaler acquired AI security startup SplxAI to enhance its automated testing and protection for enterprise AI systems.
• Palantir Technologies Inc. stock surged over 11% after acquiring its U.S. government business, allowing it to focus more on commercial AI clients.
• AI-powered insurance company Lemonade saw its stock jump 214% over the past year, with Q3 in-force premium growing 30% and customer count up 24%.
• The Utilities Select Sector SPDR Fund (XLU) is outperforming due to massive electricity demand from AI data centers, with utilities projected to spend $1.4 trillion by 2030 to meet this demand.

Tether invests $150 million in Rumble for AI services

Tether committed up to $150 million for GPU services from Rumble Inc. This two-year agreement will help Tether power its AI plans and build a decentralized AI ecosystem. The deal depends on Rumble's exchange offer for Northern Data AG. Rumble CEO Chris Pavlovski praised Tether's vision, highlighting the partnership's focus on privacy and independence for AI infrastructure. This collaboration aims to support global AI development and empower content creators.

CoreWeave reports record earnings and huge AI deals

CoreWeave announced strong financial results for the third quarter of 2025, with record revenue and a backlog of over $55 billion. CEO Michael Intrator noted the company's exceptional performance in scaling infrastructure and expanding customer relationships. Revenue reached over $1.3 billion, a significant increase from the previous year. CoreWeave also secured a $14.2 billion multi-year deal with Meta and expanded its partnership with OpenAI to $6.5 billion, totaling $22.4 billion. The company was also the first to deploy NVIDIA GB300 NVL72 systems and NVIDIA RTX PRO 6000 Blackwell Server Edition.

BigBear.ai buys Ask Sage and reports Q3 earnings

BigBear.ai announced its third-quarter 2025 financial results and a plan to acquire Ask Sage for $250 million. Ask Sage is a fast-growing Generative AI platform designed for defense and national security, serving over 100,000 users across 16,000 government teams. CEO Kevin McAleenan stated this acquisition will create a secure, integrated AI platform. BigBear.ai reported $33.1 million in revenue, a 20% decrease from the previous year, but achieved a net income of $2.5 million compared to a loss last year. The company also holds a record cash balance of $456.6 million.

1Mind secures $30 million for AI sales assistant Mindy

1Mind raised $30 million in a Series A funding round led by Battery Ventures, bringing its total funding to $40 million. The company's AI sales assistant, Mindy, handles inbound sales, closes deals, and acts as an implementation expert. Founded by Amanda Callow, known for 6Sense, 1Mind uses a combination of large language models like OpenAI and Google Gemini. Mindy serves over 30 companies, including HubSpot and LinkedIn, with average contract values in the six figures. The company is expanding its team, currently having 44 employees and 71 open positions.

1Mind raises $30 million for autonomous AI sales agent

1Mind, founded by Amanda Kahlow of 6Sense, secured $30 million in funding to develop its autonomous AI sales agent. This AI aims to fully replace human sales development representatives by handling tasks like prospecting, outreach, and qualifying leads. The technology seeks to boost sales efficiency and lower costs linked to hiring and training human teams. This funding will help speed up product development and expand the company's team.

Rocket Companies grows revenue with AI and acquisitions

Rocket Companies reported third-quarter 2025 revenue of $1.61 billion, a significant increase from last year, despite a net loss of $123.85 million. The company expanded its market reach by integrating Redfin and acquiring Mr. Cooper. Rocket Companies also uses AI to improve operational efficiency and strengthen its position as a leading homeownership platform. These strategic moves aim to create synergies, grow its customer base, and enhance service offerings. Investors will watch how these initiatives lead to long-term profitability.

Taiwan Semiconductor sees strong AI chip demand

Taiwan Semiconductor, or TSM, reported slower overall sales growth in October, but demand for its AI and high-performance chips remains strong. Monthly sales increased by about 11%, showing continued interest in AI technology. Despite a general slowdown in Asian tech stocks, analysts are positive about TSM's future. Major companies like Meta and Microsoft are investing heavily, which is expected to drive steady demand for TSM's advanced 3-nanometer and 2-nanometer chips used in AI servers and data centers. Wall Street currently gives TSM a Strong Buy rating.

Majestic Labs raises $100 million for AI server technology

Majestic Labs, a new startup founded by former Meta and Google executives Ofer Shacham, Sha Rabii, and Masumi Reynders, raised $100 million. The company is developing patent-pending server architecture that offers 1,000 times more memory than typical servers. This technology aims to replace up to 10 traditional server racks, helping cloud companies reduce data center costs, power, and cooling needs. Majestic Labs closed its $71 million Series A round in September, led by Bow Wave Capital. Prototypes of their high-capacity servers will be available to customers in 2027.

Zscaler buys AI security firm SplxAI

Cloud security company Zscaler acquired SplxAI, an AI security startup specializing in automated testing and protection for enterprise AI systems. This acquisition marks a successful exit for LAUNCHub Ventures, which led SplxAI's $7 million investment round. SplxAI, founded by Kristian Kamber and Ante Gojsalić, developed an advanced platform for AI red teaming, threat detection, and compliance. The deal strengthens Zscaler's AI security offerings, providing deeper visibility into AI assets and workflows. SplxAI's mission is to help businesses deploy AI securely and responsibly.

Lemonade AI stock soars 214 percent despite sell ratings

Lemonade, an AI-powered insurance company, saw its stock jump 214% over the past year, even though 42% of analysts recommend selling. The company uses AI models and chatbots for customer onboarding and claims, leading to greater efficiency. In the third quarter, Lemonade's in-force premium grew 30%, and its customer count increased by 24% to nearly 2.9 million. The gross loss ratio improved to 62% from 73% last year, with homeowners insurance at 51%. Car insurance also contributed 40% of its growth, with many new policies coming from existing customers. Despite its growth, the company is not yet profitable and faces risks from natural catastrophes.

eToro expands globally with AI and social trading

eToro is aggressively expanding its global market using AI and social trading strategies, as stated by CEO Yoni Assia. The company reported strong third-quarter results with $224.4 million in revenue and $0.60 earnings per share. A key feature, CopyTrader, allows users to automatically copy successful investors, with one top investor growing assets from $50 million to $250 million by 40,000 users. eToro also launched its AI Analyst "Tory" within the app and empowers pro-investors to build their own applications. The company plans to educate European investors and uses AI for marketing, including over 100 video ads. eToro's strong balance sheet positions it for strategic mergers and acquisitions.

Palantir stock soars after acquiring government business

Palantir Technologies Inc. stock jumped significantly, rising 10% in premarket trading and 11.4% on Friday. This surge follows the company's acquisition of 100% of its U.S. government business from its former parent, Palantir Holdings. This move aims to simplify Palantir's structure and allow it to focus more on its commercial clients. Palantir has invested heavily in AI, with its software used by various government and commercial entities for data analysis. Analysts are optimistic about its future in the AI market, reflecting a strong trend in AI-related stocks this year.

Utilities ETF XLU benefits from AI power demand

The Utilities Select Sector SPDR Fund, or XLU, is quietly outperforming the S&P 500, driven by the massive electricity demand from the AI boom. Data centers require significant energy, creating an unexpected growth story for the utilities sector. Experts predict utility companies will need to spend $1.4 trillion by 2030 to meet this rising demand. Lower interest rates are also boosting earnings and valuations for these companies. XLU provides exposure to major electric, water, and gas utilities, including NextEra Energy and Constellation Energy, making it a smart way to invest in the AI energy demand trend. This ETF offers a unique angle to gain exposure to the AI theme.

Sources

• Tether Doubles Down on Rumble, with an Initial Commitment of up to $150 Million of GPU Services to Fuel AI Plans
• CoreWeave Reports Strong Third Quarter 2025 Results
• BigBear.ai Announces Third Quarter 2025 Results and Definitive Agreement to Acquire Ask Sage
• 1Mind Raises $30M Series A for AI Sales Assistant Mindy | Ukraine news
• 1Mind raises $30 million to advance its autonomous AI sales agent
• Did AI Integration and Major Acquisitions Just Shift Rocket Companies' (RKT) Investment Narrative?
• Taiwan Semiconductor (TSM) Posts Slower October Sales, but AI Orders Stay Strong
• Former Google, Meta executives raise $100 million for high-capacity AI servers startup
• Zscaler acquires AI security startup SplxAI, LAUNCHub Ventures secures an exit
• 1 Unstoppable Artificial Intelligence (AI) Stock Up 214%. Why Does Wall Street Say Sell?
• eToro’s AI and Social Trading Strategy for Global Market Expansion
• Palantir Stock Jumps. Why the AI Trade Is So Back.
• Why XLU Could Be the Quiet Winner of the AI Power Boom