📋 Quick Takeaways

• Lambda secures multibillion-dollar AI infrastructure partnership with Microsoft for tens of thousands of Nvidia GPUs
• FDA convenes regulatory committee to address therapy chatbot safety and generative AI mental health devices
• Microsoft signs $9.7 billion cloud deal with IREN data center operator amid surging AI demand
• Hippocratic AI reaches $3.5 billion valuation with $126M Series C funding from Google’s CapitalG
• China offers subsidized electricity at 50% market rates to boost domestic AI chip production
• Palantir shares fall 8% despite strong earnings as AI valuation concerns emerge
• MongoDB CEO transition as Dev Ittycheria steps down in competitive AI database market

🚀 Major AI Infrastructure Deals

Lambda Secures Multibillion-Dollar Microsoft Partnership for Nvidia GPU Deployment

Landmark Agreement: AI cloud startup Lambda announced on November 3 a multibillion-dollar deal with Microsoft to deploy tens of thousands of Nvidia GPUs, including cutting-edge GB300 NVL72 systems, representing one of the largest AI infrastructure buildouts in history.[1][2][3]