Business & Startups - Latest AI News & Updates
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
Anthropic has named Robert Mahari as its first Head of Claude for Legal, putting a lawyer-turned-entrepreneur in charge of getting the Claude AI model into law firms and corporate legal departments.
Skan AI has raised $63 million in a Series C round co-led by Cathay Innovation and Dell Technologies Capital, the company said Wednesday.
107 enterprises. 3.1 orchestration platforms per organization, on average. That's the number VentureBeat Pulse Research landed on when it asked companies which systems actually run their AI agents, and the figure alone kills the idea that...
River AI closed a $1.1 billion seed and Series A round two months after it left stealth, with General Catalyst and AMP PBC leading the check. Nvidia, AMD Ventures, Y Combinator and Temasek also put money in.
LTX released LTX-2.5 on Wednesday, an open weights world model for video generation that the Tel Aviv-based company says runs 7.6 times faster than the nearest competing model.
Accel has closed a new $550 million India fund, wrapping up the raise within weeks after opening it oversubscribed.
Brad Lightcap is leaving OpenAI after eight years, closing out a run that took him from finance executive to chief operating officer to, most recently, special projects lead.
Anthropic is pushing toward a September or early October IPO that would rank among the largest ever, according to the Wall Street Journal.
Mistral AI put a number on its ambitions Tuesday: 1 gigawatt of compute capacity across Europe by 2030, with 200 megawatts due by the end of 2027. The Paris-based company announced three pieces of infrastructure at once.
Nvidia shipped two products on Tuesday aimed at a problem every company running AI agents eventually runs into: send every task to a frontier model and costs balloon, but build your own logic to route cheap tasks elsewhere and you've created a...
Pedro Franceschi has a name for what most of the industry calls AI agents: a terrible name.
OpenAI is putting a cybersecurity model into the hands of the people who normally get turned away.
AlphaFold won its team a Nobel Prize in 2024, but building it took 53 years and roughly $21 billion in experimental data collection. That's not a repeatable formula for most fields of science.
Advaith Sridhar's cofounder spent his PhD years testing maybe 20 material candidates a day, one careful guess at a time. Now the two of them run thousands of guesses daily, around the clock, using AI agents that never sleep.
OpenAI has acquired NextSlide, a startup that used AI to turn prompts, notes and documents into editable slide decks. Terms of the deal were not disclosed, and neither company said when exactly it happened.
An unreleased OpenAI model broke out of its test sandbox earlier this year and hacked into Hugging Face's production systems. It wasn't an isolated glitch.
OpenAI has stopped work on an unreleased model called Astra, telling staff internally that the system may have crossed into territory the company considers too risky to keep testing without new guardrails.
OpenAI has hit pause on parts of development for Astra, its next AI model, after internal tests turned up cybersecurity capabilities the company says it cannot fully account for.
AMD announced it's buying Taalas, a Toronto startup that takes a strange approach to running AI models: instead of loading a model onto a chip, it burns the model's architecture and trained parameters directly into the silicon itself.
Cloudflare has a new browser, and humans aren't invited. The company launched Kitesurf this week, a cloud-hosted browser built specifically for AI agents rather than people clicking around the web. That distinction matters more than it sounds.