Business & Startups - Page 3 of 69
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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NVIDIA Announces Investment in Korean AI Interconnect Startup Point2
NVIDIA is putting money into Point2 Technology, a Seoul-based startup building radio frequency interconnects meant to replace copper and optical links inside AI data centers.
NVIDIA probes Jensen Huang's ties to Alice Huang after Chinese spy report
Jensen Huang runs the most valuable company in America, a position that comes with a market cap of $4.5 trillion and, apparently, very little room for personal error.
LTM, ServiceNow expand AI agent partnership, cite up to 80% efficiency gain
LTM and ServiceNow are widening their partnership to push AI agent deployments across more than 700 customers the two companies share.
Anthropic accepts lower valuation for pre-Thanksgiving IPO amid tech selloff
Anthropic is still aiming to go public before Thanksgiving, even as the broader tech market wobbles. Investors cited by the Financial Times say the Claude developer now wants to raise $80 to $100 billion at a valuation of $1.25 to $1.75 trillion.
OpenAI reaches USD 1.25 trillion valuation as rival Anthropic nears IPO
OpenAI has raised another $11 billion, pushing its valuation to $1.25 trillion, according to Bloomberg. That's up from the $852 billion mark it hit in March, when the company pulled in $122 billion from investors.
Reddit Founder Says Building Social Media Apps Is Not Cool Anymore
Alexis Ohanian cofounded Reddit in 2005 and left the company's board in 2020, stepping down in the wake of George Floyd's killing so a Black board member could take his seat.
AI Firms Quietly Seek to Buy Your Work Emails and Files
Someone named Nick emailed me recently with an offer. Anthropic and OpenAI, he said, are paying media companies like Wired between $350,000 and $1.8 million for old work records: documents, emails, Slack messages, support tickets.
Ramp Data Shows AI Spending Stalling as Anthropic IPO Nears
Something strange is happening in the numbers behind the AI boom. Companies are feeding more tokens through OpenAI and Anthropic's models than ever, but the dollars aren't keeping pace.
OpenAI Could Be IPO Ready in 2027, Says President Greg Brockman
Greg Brockman put a date on it. Speaking at a Wall Street Journal tech conference on Wednesday, OpenAI's co-founder and president said the company could be ready to go public as early as 2027, pointing to a year of enterprise revenue growth that...
Perplexity launches Teammates AI agents for work, running 24/7 like OpenAI's Dots
Perplexity rolled out "Teammates" on Thursday, its own entry in the crowded field of always-on AI agents built for office work.
Meta lets US users video chat with Muse AI avatar to deepen connection
Meta opened up video chatting with Muse, its consumer AI agent, to every user in the US on Thursday.
Airbnb says it’s launching an AI travel agent in the first half of 2027
Airbnb put a date on its long-teased AI ambitions Thursday, telling shareholders the company plans to launch its own AI travel agent in the first half of 2027.
Meta touts 20-year data center experience amid election backlash warnings
Meta's president of global affairs says the company has been building data centers for two decades, and that track record is now colliding with a political problem it didn't fully see coming.
Dropbox buys Tigris for USD 350M to bolster AI infrastructure after 9% cut
Dropbox spent $350 million on Tigris Data, a cloud storage startup, in what the company says is its largest acquisition ever.
Husk Trolls AI Labs, Draws 100,000 Views and Brand Partnerships
Matt Husk asked ChatGPT to count to 100. It failed. He asked it to time his mile run. It clocked a few seconds as ten minutes, then told him "it can feel faster in the moment" when he pushed back.
YC startup puts USD 1M behind five unsolved materials science problems for AI
Discovered Materials, a San Francisco startup that came out of Y Combinator's spring 2026 batch, is putting $1 million on the table for anyone, human or machine, who can crack five long-standing puzzles in materials science.
Anthropic-Indian IT Partnership Is a Two-Way Bet on Productivity Gains
Anthropic's S-1 filing runs for pages on competitors. OpenAI gets named. Google gets named. First-party application providers get named.
OpenAI Launches GPT-Image-2.6 Flare and Sunburst, Adds 6-Second API Generation
OpenAI pushed out Images 2.6 on Tuesday across ChatGPT, Codex and the API, splitting its flagship image model into two versions aimed at different jobs.
OpenAI buys Pierre Computer Company to help Git keep up with AI coding agents
OpenAI has agreed to acquire Pierre Computer Company, Inc., a small startup whose tools already run inside Codex, OpenAI's coding agent.
AI PACs spent millions to shape Congress amid Democratic wave
Darline Graham lost her South Carolina Senate race on Tuesday despite $4.8 million in backing from two AI-focused PACs, American Mission and Building the Future.
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