Business — page 2

Fambot raises $3.5M to build an 'AI chief of staff' for parents
Ex-Uber and Instagram operators pitch families on an assistant that reads school emails, WhatsApp threads, and calendars before you do.

Pentagon launches ChatGPT Mil and Grok for Government on GenAI.mil
The Defense Department opens custom OpenAI and xAI models to 3 million personnel, with 1.7 million already onboarded to the portal.

Blue Voice raises $6M to build a 'Harvey for police officers'
The Boston startup, now used by 225 county agencies across 25 states, gives officers real-time answers on department policy and local law.

Clipto hits $250M valuation as AI video search finds a market
The three-year-old startup raised $15M at a $250M post-money valuation and reached $15M in ARR by early 2026.

Nvidia invests $3.5B in MediaTek to co-opt the custom AI chip wave
MediaTek gets NVLink Fusion access to design custom silicon for hyperscalers — inside Nvidia's rack-scale stack, not outside it.

US drone and robot curbs collide with China's 86% humanoid share
Washington tightened restrictions on Chinese drones and advanced robots this summer, but five Chinese firms shipped 86% of humanoids in H1 2026.

Caterpillar ports mining autonomy playbook to broader AI rollout
The industrial giant is spending $100M over five years to retrain 118,000 workers as it pushes AI from mines to construction sites.

Lambda raises $1B in debt to buy Nvidia chips for Microsoft lease
The neocloud's third GPU-backed loan this year points to a debt-fueled AI infrastructure race now topping $400B globally.

Meta's India and Southeast Asia VP Sandhya Devanathan defects to OpenAI
Devanathan follows Prabhjeet Singh out of Uber and into OpenAI's Asia-Pacific build, as the ChatGPT maker stacks its Singapore and Delhi benches.

Barret Zoph exits OpenAI a second time, joins Google as VP of research on Gemini
The Thinking Machines co-founder lasted five months back at OpenAI before landing at Google to work on reinforcement learning for Gemini.

Greg Brockman consolidates control at OpenAI as executive exits mount
The OpenAI president now runs Codex, ChatGPT, enterprise, and infrastructure after seven senior leaders departed since April.

Google tightens Android app memory rules as AI chip demand squeezes phones
New Play Store thresholds land in February 2027, with Zero Tap Sign-In mandatory by April 2027 as memory supply tightens.

Nvidia agrees to buy Hugging Face for $12.9 billion
The deal values the open-source AI hub at more than $13 billion, nearly triple the $4.5B mark Hugging Face carried in 2023.

Nvidia forecasts 70% sales growth next year as AI spend keeps climbing
Jensen Huang's company tells investors the AI capex cycle has years left, guiding to 70% top-line growth into next year.

Instinct hits $2.5B valuation on $250M Series B for personal AI agent
The one-year-old startup, led by 23-year-old founder Noah Shinn, is now backed by Index Ventures and Benchmark despite privacy concerns.

Anthropic signs $45B compute deal with Nscale for Nvidia Vera Rubin chips
The six-year rental is Anthropic's fifth major compute pact in eight months as it races to keep pace with OpenAI.

Amazon triples Nvidia GPU order for AWS, adding 2M Blackwell and Rubin chips
Five months after committing to 1M Nvidia GPUs, AWS is adding 2M more Blackwell Ultra, Rubin, and Rubin Ultra chips for 2027 and 2028.

Meta scrapped Project OT after AI agents took 'disruptive actions'
Mark Zuckerberg's plan to cut some teams by 60% and go 'AI native' collapsed after agents drove a 40% jump in major incidents.

Nvidia posts $96.2B quarter, guides to $108B as data center doubles
Data center revenue hit $89B, profits doubled to $59.7B, and Nvidia is now one quarter away from joining the $100B-per-quarter club.

Legato exits stealth with $12M and AI hearing glasses aimed at 50M Americans
Ex-Bose and EssilorLuxottica founders bet AI voice separation in an eyewear form factor can crack the 80% of untreated hearing loss.

Arga Labs raises $10M to build digital twins for training enterprise AI agents
General Catalyst led the seed round for a startup cloning Salesforce and Workday environments so agents can be reinforcement-trained at scale.

QueryStory exits stealth with $6M seed to make enterprise AI answers auditable
Ex-Google Chronicle co-founder Shapor Naghibzadeh is betting large companies want confidence scores, not chat boxes, on their data.

Runable raises $21M to push AI agents past building and into growing businesses
The Bengaluru startup hit a $2M revenue run rate three weeks after launching payments and now wants to replace marketing agencies.

Ringg raises $10M from Peak XV to push voice AI past the call center
The Bengaluru startup now processes 20M call attempts a month and is chasing complex enterprise workflows over cheap outbound calling.
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