Business — page 11
AI memory demand jolts India's smartphone market as shipments fall 10%
Handset makers squeezed as Samsung, SK Hynix, and Micron divert capacity to HBM for AI accelerators; entry-level India segment collapses 45%.
Agility Robotics opens Fremont training facility next door to Tesla's Optimus factory
The humanoid maker has $300M in contract orders, dozens of Digits deployed, and a reverse-merger IPO planned for later this year.
Apple's trade secrets suit lands as OpenAI eyes an IPO this year
Apple's complaint names OpenAI's chief hardware officer and cites 400+ former Apple staff now at the company, weeks before a rumored public listing.
Apple passes Nvidia to reclaim world's most valuable company title
Apple hit a $4.88 trillion market value on Friday as Nvidia slipped 3%, ending the chipmaker's run at the top of the market.
Upper90 lends General Compute $400M against inference chips, not GPUs
The firm that pioneered GPU-backed lending in 2021 is now betting on SambaNova's SN50 silicon as the next collateral class.
Foundation, backed by Eric Trump, plans armed humanoid robots
CEO Sankaet Pathak says weapons systems arrive in months, with Phantom MK1 already tested by Ukrainian forces.
Databricks lands funding at a $188 billion valuation
The data and AI platform's new mark cements its place among the highest-valued private companies in the AI stack.
Ex-DeepMind researcher raises $55M at $300M valuation for visual AI startup Elorian
Andrew Dai closed the seed round months after leaving Google, before Elorian shipped a product, betting visual reasoning is the next AI frontier.
OpenAI launches a $70 ChatGPT basketball alongside its first hardware
The rubber ball ships with a $230 mini keyboard and a $175 quarter-zip as OpenAI tests physical merchandise under a 'Pause. Play. Prompt.' campaign.
Axon's AI police revenue jumps 700% as vendors carve up the surveillance stack
Axon Era Plan subscriptions rose 140% year-over-year as Motorola, Flock, and startups race to sell AI decision-making to police departments.
Airbus picks Iliad's Scaleway for AI and defence workloads in sovereignty push
The European aerospace group taps a French cloud provider for sensitive AI work, sidestepping US hyperscalers on strategic projects.
Applied Computing raises $20M for Orbital, an AI model for oil and gas plants
KBR led the Series A into the London startup, whose foundation model fuses sensor, physics, and language data to run refineries in real time.
Microsoft coaches sales team to pitch against OpenAI and Anthropic
Executives at an internal FY27 strategy meeting told salespeople to frame Copilot as faster and more secure than Claude and rival models.
Ode with Anthropic bets forward-deployed engineers replace consulting armies
Founders Chris Taylor and Eddie Siegel argue a handful of AI-native engineers can out-deliver traditional integrators on enterprise deployments.
OpenAI ships $230 Codex Micro keyboard as Apple trade-secret suit looms
The Work Louder collaboration is a limited run, but it lands the same week Apple sued OpenAI over alleged hardware IP theft.
Whatnot acquires Shaped to sharpen live-shopping recommendations
The $11B livestream marketplace absorbs Shaped's real-time ML stack and a dozen engineers to shrink recommendation latency toward zero.
OpenAI ships its first hardware — a $230 Codex control pad with Work Louder
The limited-run Codex Micro is a 13-switch keypad for monitoring coding agents, not the Jony Ive smart speaker still in development.
Apple Intelligence cleared for China launch with Alibaba's Qwen
The Cyberspace Administration of China signed off on Apple's AI stack after a deal to route Chinese requests through Alibaba's Qwen model.
Rime raises $24M Series A to handle enterprise customer calls
The voice AI startup says it is already processing more than 100 million calls a month for enterprise clients.
Anthropic and Blackstone launch Ode, a $1.5B AI implementation firm
The joint venture absorbs Fractional AI to sell enterprise deployment services, mirroring OpenAI's Deployment Company play.
Apple FaceID co-inventor raises $52M for brain-diagnostic AI startup Hemispheric
Gidi Littwin's Hemispheric trained a frontier model on 250,000 hours of brain data from 100,000 people to diagnose PTSD, depression, and Parkinson's.
Emergent hits $1.5B valuation with $130M Series C led by Creaegis
The Indian AI coding startup's valuation jumped five-fold in six months as run-rate revenue climbed to $120M.
Nvidia and SEGA mark 30 years with Virtua Fighter Crossroads on RTX Spark
The partnership that began with the NV1 chip powering the first PC Virtua Fighter now stretches into a new class of AI-capable Windows machines.
OpenAI researcher Miles Wang in talks to raise $200M for drug discovery startup at $2B valuation
Lightspeed is in discussions to lead the round as Wang and other OpenAI researchers leave to build AI models for drug repurposing.
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