Business & Startups - Page 4 of 69
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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Meta acquires AI coding startup Conductor as Holtz teases new interface
Meta has bought Conductor, a startup that lets developers run multiple AI agents at once across separate workspaces to build software projects. Axios first reported the deal, and Conductor confirmed it Wednesday on its own blog.
Sam Altman Says People Should 'Put as Much RAM as They Want' in Computers
Sam Altman picked a strange night to fight about computer memory. While most of the country watched election results roll in, the OpenAI CEO was on X changing his display name to "Ram Altman" and arguing with strangers about DRAM supply chains.
AI Eating Google Search Ad Revenue Boosts Meta as It Builds Business Assistant
Meta's third-quarter numbers landed with a 26% jump in ad revenue, hitting $63.06 billion. Google's Search and other advertising revenue grew too, but at 12%, down from 17% the quarter before and 19% at the start of the year.
Snowflake Introduces Cortex AI Gateway to Control Enterprise AI Agents
Snowflake rolled out a batch of new AI governance tools at its Expedition 2026 conference on November 4, aimed squarely at a problem enterprises keep running into: AI agents that work fine in a demo but fall apart once they touch real business data...
Happiest Minds Q2 EBITDA rises 18.1% YoY as revenue gains 12.5%
Happiest Minds Technologies reported revenue of ₹645.43 crore for the quarter ended September 30, up 12.5% year-on-year and 2.7% sequentially. EBITDA climbed 18.1% YoY to ₹142.04 crore, pushing margins to 21.3% from 20.2% a year earlier.
Three Early Claude Code Testers Leave Anthropic Within 10 Days
Cat Wu posted her exit on X on November 3, naming October 30 as her last day at Anthropic. She wasn't the first to go. Thariq Shihipar and Anthony Morris had already announced their departures on October 24, both leaving the company the same day.
Sarvam AI's Prism Decision Model Scores 71.8 on Jev-Like Index
Sarvam AI has released Prism, a decision-making model that answers in 44 milliseconds and still beats every other low-latency model the Bengaluru startup tested it against.
Revolut Cuts AI Coding Costs by 90% Using Chinese Model After USD 10K Spend
Revolut has slashed its AI coding bill by 90% after swapping Anthropic and OpenAI's commercial models for a self-hosted version of GLM, an open-weight model built by Chinese lab Z.ai.
OpenAI raises bug bounty payouts to USD 172,000, matching Google rates
OpenAI just made it a lot more lucrative to break its own products on purpose. The company announced it's quadrupling its bug bounty payouts, with critical vulnerabilities in core tools like ChatGPT or Codex now earning outside researchers up to...
Coforge BridgeCX Connects Pega, Mastercard, Dynamic Yield for Personalisation
Coforge has rolled out BridgeCX, a customer engagement platform that stitches together Pega's decisioning engine with Mastercard's Dynamic Yield personalisation tools.
Madrid Digital Builds Resident Agents With 1MillionBot and NVIDIA Nemotron
Cities produce mountains of data every day: traffic cameras, water sensors, permitting systems, maintenance logs. Turning that stream into something a planner or a resident can actually use has been the harder problem.
Dispatch Network Raises Rs 5 Cr to Build AI Delivery Network
Pune-based Dispatch Network has raised ₹5 crore in a pre-seed round led by Antler India, the startup's first public funding announcement since it was founded by Rajit Arya and Navneeth Kannan.
From Productivity to Value Creation: The AI-First Shift
For decades, IT services firms billed by the hour and staffed by the headcount. More consultants on a project meant more revenue, and automation was sold as a line item, not a threat to the business model itself. AI is breaking that arithmetic.
OpenAI pitches data center power plants as protectors amid US opposition
OpenAI wants to be the utility's friend. On Monday the company said it will pilot a "Grid Protectors Program" at a planned data center in Effingham County, Georgia, promising to free up to 1,000 megawatts of power during extreme weather or grid...
SpaceXSI cuts Grok Bot quotas weeks after Musk called it fastest-growing
Grok Bot users got a rude surprise over the weekend. The Telegraph reports several accounts saw their usage quotas cut in half, with no advance notice from SpaceXSI. One user told the outlet he waited days just to get a fresh allotment back.
Anthropic Posts USD 17B Q3 Revenue, Swings to Operating Loss on USD 5B Computing
Anthropic's revenue hit $17 billion in the third quarter of 2026, up from $11.6 billion the quarter before and roughly twelve times the $1.4 billion it brought in during the same period last year.
OpenAI Signs Four Abu Dhabi Agreements Across Government, Energy and Investment
OpenAI signed four separate agreements with Abu Dhabi entities this week, covering government operations, energy, investment and education, after Sam Altman met with Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.
Saudi Aramco takes 49 percent stake in AI firm Humain with USD 2.6 billion deal
Saudi Aramco is putting real money behind the kingdom's AI ambitions. The oil company announced it's taking a 49 percent stake in Humain, the state-backed AI firm, with a deal worth $2.6 billion set to close in 2026.
Google's Project Suncatcher Satellite Generates First AI Response in Orbit
A satellite launched on October 1 produced the first AI-generated response from a data center-class chip in orbit, Google said on October 30.
Arrowhead AI's Fletch Voice Model Handles Indian Accents and Multiple Languages
Arrowhead AI is betting that customers can tell the difference between a voice bot that translates and one that actually speaks their language.
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