Q1 2026 venture funding hits record on Artificial Intelligence surge

Global venture investment reached an unprecedented 300 billion in Q1 2026 as spending on Artificial Intelligence compute and frontier labs reshaped the market. A small group of massive U.S.-based deals dominated funding, valuations and late-stage activity.

Google compression algorithm targets data center energy use

Google has unveiled TurboQuant, a compression algorithm designed to shrink large language model memory usage and improve efficiency. The approach points to a future where Artificial Intelligence models need less data center capacity and could run on smaller devices.