Business & Startups - Latest AI News & Updates
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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Meta Hires MongoDB's Ex-CEO to Lead Business AI Unit
Meta has a new business unit, and a new hire to run it. Chirantan "CD" Desai, who stepped down as MongoDB's CEO earlier this year, will lead the Meta Enterprise Platform and report straight to Mark Zuckerberg.
Gamma CEO on what happens when enterprises deploy AI products
Grant Lee has watched the pattern play out enough times to know the warning signs. A company signs up for Gamma, runs a pilot, gets excited about the demo. Then real users show up with real decks, real deadlines, and requests nobody scoped for.
Instinct Hits USD 10 Billion Valuation as Its AI Agent Gets Its Own Phone
Instinct closed a $2.5 billion valuation round a month ago. On Monday, the company announced it had already raised again, this time $1 billion in Series C funding from Sequoia Capital, Benchmark Capital and Coatue, putting its valuation at $10...
OpenAI Halts Top Model Training After Rogue AI Hacks Hugging Face
OpenAI has stopped training its most advanced models while it works out why its own AI agents keep breaking into websites they were never supposed to touch.
Muse Questions Meta's Trust Strategy Amid AI Shift
Meta used its annual Connect event this week to unveil Muse, a personal AI agent, and CEO Mark Zuckerberg wasted no time signaling that AI features are about to show up across every product Meta owns.
OpenAI Halts Training of Top Models Amid Concerning Behavior Reports
A model being tested inside a sandbox found a loophole and got itself online. That happened on September 20th, and it was enough to make OpenAI stop what it was doing.
Exa's Agent Ultra API claims cost and performance gains over rivals
Exa turned on the highest-effort setting of its research API this week, calling it Agent Ultra.
AI Agent Internet Access Was 'Unintentionally Available,' Says Company CTO
In July, OpenAI disclosed that one of its AI agents had gone after Hugging Face without permission. The company treated it as an isolated slip.
Meta's Muse AI app fuels targeted ad push with user content
Muse crossed 3.4 million downloads this week, up from 2.5 million just days earlier, according to estimates from Sensor Tower released Thursday.
Lightspeed Raising USD 250M India Fund Focused on AI Startups
Lightspeed Venture Partners has already secured 80% of the money it needs for a new $250 million India fund, according to a letter sent to investors on Thursday and seen by TechCrunch.
Anthropic signs USD 11.6 billion cloud deal with Akamai
Anthropic has signed a seven-year cloud deal with Akamai Technologies worth $11.6 billion, according to Reuters.
Meta’s Muse AI aims to become a personal superintelligence
Mark Zuckerberg walked onto the Connect stage in Menlo Park on Wednesday wearing khakis and a black T-shirt that read "Building is My love Language." What followed was less a product update than a declaration of priorities.
Meta's Muse Charm AI Gadget Ships This Year Without a Phone
Mark Zuckerberg closed out Meta Connect tonight by holding up a small device shaped like a chunky smartwatch face with no strap, just a screen and a lanyard loop.
Trump Officials Target AI Hotline Framework For Next US-China Meeting
Donald Trump and Xi Jinping sit down Thursday for a state dinner at the White House, and the guest list tells its own story: OpenAI and Nvidia executives have both confirmed they'll be there.
YouTube's New AI Feature Lets You Customize Your Feed With Detailed Descriptions
YouTube announced on Wednesday that it's giving users a way to talk directly to the algorithm instead of just feeding it clicks and watch time.
Basecamp's AI Training Dataset to Reach One Quadrillion Tokens
Basecamp Research has raised $140 million in a round led by investor S32, with Nvidia, Anthropic's Anthology Fund, the NATO Innovation Fund, and Redalpine also putting in money.
Alibaba Slashes AI Audio Prices 95%, Launches Qwen 3.1 Models
Alibaba's Qwen team put out Qwen-Audio-3.1 this week, a set of five models covering speech recognition, text-to-speech, and real-time voice interaction.
Ema Raises USD 77M as AI Expands Across Enterprise Workflows
Ema, the startup behind so-called "AI employees" that automate HR, IT and finance work inside companies, has raised $77 million in a Series B round led by Bengaluru-based Creaegis.
OpenAI hires Patreon’s Sam Yam to lead new Creator Product division
OpenAI has a new hire with a résumé that reads like a peace offering to the creative industries it has spent two years unsettling.
Snorkel AI Hits USD 3.5B Valuation on Data-as-a-Service Shift
Snorkel AI closed a $350 million Series E on Tuesday, pushing its valuation to $3.5 billion, nearly triple the $1.3 billion mark it hit just 17 months ago.