Business — page 19

HPE and Nvidia expand AI Factory with Vera CPU and Agent Toolkit
The joint platform adds Nvidia's first agent-tuned CPU, a new agent toolkit for Private Cloud AI, and confidential computing across the stack.

Plaud crosses $100M ARR after shipping 2M AI notetakers
The screenless AI recorder maker says nearly half of device buyers upgrade to paid plans, a rare hardware-to-software conversion story.

Sensi.ai's always-on microphones spread to 80% of North American home care networks
The $100M-funded startup records seniors' coughs, falls, and conversations — and sells agencies 88% client growth as the real pitch.

Probably raises $9M from a16z to push LLM accuracy to 99.99%
Founder Peter Elias says tighter harness engineering lets Probably run on models four classes weaker than the frontier, cutting token costs.

SpaceX to acquire Cursor for $60B in stock, days after record IPO
The all-stock deal closes a path Musk laid out in April, when SpaceX agreed to buy Cursor or pay a $10B break-up fee.

Tokenomics arrives: how 8x8 and Baseball Lifestyle 101 are managing Claude bills
Royal Bank of Canada's token usage jumped 500% in six months as CFOs grapple with a new line item that didn't exist two years ago.

Emerald AI's Conductor pitches flexible data centers as the grid bottleneck answer
A Duke study says US grids can absorb 76 GW more — about 5% of total capacity — if data centers flex just 0.25% of the year.

Respond.io raises $62.5M Series B as messaging AI hits $35M ARR
The Malaysia-based conversational platform grew 169% year-over-year and is hunting acquisitions in North America and Europe.

Nvidia raises $25B in first bond sale since 2021 as AI debt market swells
Orders topped $85B for the seven-part offering, letting Nvidia tighten pricing and triple its outstanding debt to about $30B.

Anthropic shutdown of Fable 5 and Mythos 5 fuels sovereign AI push abroad
After the White House forced Anthropic to cut foreign access to its top models on June 13, the UK, France, and Canada are using it to argue for homegrown AI.

Salesforce buys AI customer service platform Fin for $3.6B
The deal feeds Fin's Apex model and Operator agent into Agentforce as Salesforce shares slide more than a third in 2026.

Sarvam hits $1.5B valuation with $234M round led by HCLTech
India's newest AI unicorn lands a strategic check from HCLTech as sovereign-AI pressure intensifies across markets.

AT&S commits up to €2B to Malaysia plant to ride AI chip demand
The Austrian substrate maker bets on Southeast Asia capacity to serve AI accelerator customers chasing Nvidia-class packaging.

Anthropic's Fable 5 suspension reignites India's sovereign AI debate
India is OpenAI and Anthropic's second-largest market — and a U.S. directive just cut off access to the newest models for foreign nationals.

Meta unwinds $2B Manus acquisition after Beijing divestiture order
Meta has cut Manus off from internal systems as the Chinese-founded startup explores a $1B buyback and Hong Kong listing.

SpaceX opens at $150 as Anthropic and OpenAI line up for IPO summer
SpaceX popped 11% on debut while Anthropic and OpenAI prepare to follow, ending the FAANG era and ushering in what insiders are calling MANGOS.

Theker raises $85M Series A to build reconfigurable factory robots
The Barcelona startup says it is Europe's largest robotics Series A, backed by CRV, Samsung, and LVMH chairman Bernard Arnault's family office.

Bezos's Prometheus raises $12B at $41B valuation for physical AI
The second raise in under a year vaults Prometheus into the top tier of AI startups, with JPMorgan, Goldman, and BlackRock backing the round.

Amazon says its data centers used 2.5 billion gallons of water in 2025
Amazon's first public water disclosure pegs usage at 0.12 liters per kilowatt-hour, down 2% from 2024 even as operations expanded.

OpenAI weighs token price cuts as Anthropic pulls ahead on valuation
The ChatGPT maker is bracing for Anthropic to undercut it on price, days after both labs filed confidentially for IPOs.

OpenAI brings its models and Codex to Oracle Cloud customers
Enterprises can now draw down existing Oracle Cloud commitments to access OpenAI APIs and the Codex coding agent.

Microsoft's Brad Smith responds to college grads booing AI in 3,100-word blog post
After viral clips of students heckling commencement speakers who hyped AI, Microsoft's president says the boos are a wake-up call worth heeding.

Amazon borrows $17.5B from banks days after $14B Canadian bond sale
The retailer pulled in $31.5B in new financing in 48 hours as hyperscaler AI capex pushes the biggest tech balance sheets into debt markets.

Warner Music acquires Sureel AI to track how models use its catalog
The deal gives WMG patented 'AI DNA' technology to fingerprint songs and trace their use in training data and generated output.
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