Business — page 15
Pat Gelsinger bets on xLight lithography to restart Moore's law
The former Intel CEO joined Playground Capital in March 2025 and wants to push past ASML's 13.5-nanometer light barrier.
Netflix, Spotify, YouTube converge on AI-powered entertainment app model
Format is no longer the differentiator — the fight is over which app owns every spare minute of a user's day, and AI is the wedge.
Gritt exits stealth with $34M to put AI-driven robots on solar construction sites
The Carnegie Mellon-founded startup says its systems help crews install 3,000–4,000 panels a day, up from 800 without them.
US Army burns through a year of AI tokens in weeks on Ask Sage
DEVCOM staff told to throttle usage after the Army CIO's 100M-token annual pool ran dry weeks after unlimited access was announced.
Google's Frozen v2 chip targets 6-10x efficiency gain for Gemini
Alphabet is designing a 2028 server chip to run Gemini cheaper as it spends $190B on AI infrastructure this year.
CuspAI raises $450M from UK government and Jeff Bezos for materials discovery
The Cambridge-based startup wants to use generative AI to design new materials for carbon capture, batteries, and semiconductors.
Bristol Myers buys Nvidia's newest AI computing system for drug research
The pharma giant becomes an early customer for Nvidia's latest AI hardware, deploying it to accelerate small-molecule and biologic discovery.
Nvidia anchors Japan's $6.2B sovereign AI push with Vera Rubin factory
Jensen Huang's two-day Tokyo swing yielded a national AI factory, a robotics coalition of 44 firms, and deeper Toyota integration.
Current AI raises $400M to build a public AI alternative to OpenAI and Google
The French-seeded nonprofit has deployed $3.2M in grants and shipped an open chatbot built in seven weeks by ten organizations.
Databricks hits $188B valuation as Coatue leads new round
The data platform's fourth up-round in 18 months lifts its mark 40% above February's $134B, cementing its AI-provider reinvention.
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.
Stay ahead of everyone in AI.
The tightly edited AI news email engineers, founders, and investors actually open. One email. Every weekday. Five minutes to finish.
The briefing read inside teams at