Business — page 10
CodeRabbit raises $143M at $1.5B valuation to review AI-generated code
The Nvidia-backed startup now runs 2 million code reviews a week as AI-written software outpaces what human teams can vet.
Lovable raises $400M at $13.3B valuation as ARR nearly triples
The European app-builder went from 25M to 60M projects in 8 months, with Menlo Ventures returning to lead and EQT co-leading.
Sandbar raises $23M Series A for Stream, a voice-first AI ring
The startup has pulled in $36M total to bet that a ring, not earbuds or a pin, is the right form factor for capturing voice notes.
Cognition in talks to raise at $40B valuation, months after $26B round
Devin's maker hit a $1B annualized revenue run rate, doubling in three months, as enterprises pile onto its AI coding agent.
Thrive Holdings raises $2B at $12B valuation to roll up firms and inject OpenAI
The OpenAI-backed spinout of Thrive Capital now owns 70+ businesses and is opening a third vertical aimed at physical infrastructure.
Only 45% of enterprise data reaches AI agents, Google Cloud survey finds
A 300-executive survey with Google Cloud shows data leaders unlock 70% agent access; laggards stall at 30% and distrust their own agents.
Gamgee, the ChatGPT dog cancer vaccine startup, launches with Y Combinator backing
Paul Conyngham's Rosie story becomes a company pitching personalized mRNA vaccines, with a 75% tumor reduction claim from one case.
xAI launches Grok Bot, an agent service you assign work like a coworker
The always-on agents run in their own cloud environment and sign into your apps to complete multi-step tasks without preset workflows.
Blacksmith raises $45M Series B at $550M valuation as AI code testing booms
The code-validation startup's valuation jumped nearly 10x in under a year as AI-generated code overwhelms testing pipelines.
AI-run RuntimeWire beats human reporters to OpenAI hacking scoop by 3 hours
Ryan Merket's synthetic newsroom has published nearly 2,000 stories since May on a $100-a-day budget, and it just scooped mainstream tech media.
Ryanair signs five-year Google Cloud deal to expand AI in airline operations
Europe's largest low-cost carrier is deepening its bet on cloud AI to run scheduling, ops, and customer-facing systems.
Nvidia lines up $500B in outside capital to finance AI factories
Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR will underwrite Nvidia compute as long-lived infrastructure.
River AI raises $1.1B two months after launch to rebuild the AI stack
General Catalyst and AMP PBC led the round into xAI co-founder Igor Babuschkin's startup, with Nvidia, AMD Ventures, Y Combinator, and Temasek joining.
Brad Lightcap, OpenAI's longtime COO, leaves after eight years
The 2018 hire who built OpenAI's finance, legal, and go-to-market functions is departing to start a new venture, with details to come.
Nvidia, Google, and Microsoft push 800 VDC power standard for AI factories
An OCP-backed direct-current architecture aims to unblock rack density as Wood Mackenzie projects $9 trillion in AI infrastructure spend through 2040.
Spotify to label AI Persona profiles and cut them from recommendations
Starting mid-September, AI-generated artists get a badge and lose default placement in editorial and algorithmic recommendations.
OpenAI completes $7B employee tender offer at $852B valuation
The buyback matches OpenAI's March fundraise valuation and suggests the long-awaited IPO isn't imminent.
Bose turns 60 by licensing its audio tech to Motorola, Xreal, and Sena
CEO Lila Snyder is rebuilding Bose as a multi-brand company and a B2B audio tech supplier as AI wearables threaten the headphone business.
OpenAI CFO Sarah Friar lays out five lessons for AI-native finance teams
Friar's playbook covers automated forecasting, tighter controls, and how finance leaders should measure AI return on investment.
OpenAI writes Governor Abbott pledging responsible AI infrastructure in Texas
The letter positions OpenAI alongside Texas as the state courts data center buildouts and hyperscaler investment.
Discovered Materials raises $9M to hunt cooler chip materials with AI agents
The Y Combinator alum is running thousands of AI-agent guesses a day to find semiconductor materials that run cooler than today's chips.
Situational Awareness pours $400M into chip startup Source Foundry
Leopold Aschenbrenner's AI hedge fund doubles down on Source Foundry weeks after halving its assets under management to $10B.
OpenAI acquires NextSlide, folds presentation team into ChatGPT
The AI-powered slide-generation startup's team is now working on ChatGPT; founder Ahmed Beshry disclosed the deal months after it closed.
Amazon's Texas data center power plant permitted for 33M tons of CO2
GW Ranch, a 7.65-gigawatt gas plant in Pecos County built to feed one Amazon site, holds a permit exceeding the largest US coal plant.
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