Business — page 2
Reliance Jio opens JioPC cloud service to turn 8-year-old PCs into AI machines
Mukesh Ambani's Jio is selling virtual PCs from ₹1,000 for two months as India's PC replacement cycle stretches to six years.
Adobe acquires Indian marketing AI startup Rilo in team-and-tech deal
The six-person startup, founded in 2025 and valued at $10M, is Adobe's second India acquisition after Rephrase.ai in 2023.
Pangram, the AI detector behind publishing's scandal wave, raises $9M
The 24-person Brooklyn startup has torpedoed book deals and prize wins with percentage scores — and now Substack scans every post.
India's Yotta targets $1.5B IPO in early 2027 as AI data center demand surges
The Hiranandani-backed operator is preparing a January–March 2027 listing to fund capacity expansion for AI workloads.
Google pitches Hollywood studios $40M-per-character AI licensing deals
Google is offering Disney, Warner Bros. Discovery, and Universal hundreds of millions to train Gemini on their libraries — with a per-character price tag.
Palo Alto Networks beats Q4 estimates, buys AI agent startup Console
Revenue jumped 34% to $3.41B as AI-driven attacks fuel demand; Console is the third acquisition in Nikesh Arora's dealmaking spree.
Sequoia-incubated Empirik launches with $21M to predict infrastructure outages
Two former Sequoia IT leaders spun out an autonomous observability tool that flags risky system changes before they cascade into downtime.
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.
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