Business — page 22

Endava rebuilds software delivery around OpenAI's Codex and ChatGPT Enterprise
The IT services firm is rolling agents into its delivery pipeline, betting that AI-native workflows replace the billable-hour model that built the industry.

Lovable signs multiyear Google Cloud deal for 5x usage jump
The Stockholm vibe-coding startup will lean harder on Claude and Gemini, and plug into Wiz and Google's enterprise agent marketplace.

AethexAI raises $3M to build voice AI for Africa and Middle East dialects
Two ex-Goldman and Meta founders built sub-2B-parameter models from scratch to handle latency and dialects that ElevenLabs and Deepgram weren't designed for.

One year in, Alexandr Wang's TBD Lab ships Muse Spark as Meta plays AI catch-up
Mark Zuckerberg's $15B bet on a 28-year-old outsider has produced one model and a lot of internal friction.

Microsoft squares up against OpenAI at Build 2026 with seven in-house models
Mustafa Suleyman wants Microsoft counted alongside Google DeepMind, OpenAI, and Anthropic — and is shipping models, agents, and a super app to prove it.

Coralogix raises $200M at $1.6B valuation to monitor AI agents
The observability vendor closed a Series F just 11 months after its $115M Series E, betting agentic software needs its own watchdog layer.

Meta rolls out Business Agent globally on WhatsApp and Instagram
After nearly two years of testing in India and Mexico, Meta's customer-service AI is going worldwide with token-based pricing for large accounts.

India IT stocks tumble on AI disruption fears, TCS plunges 9%
Tata Consultancy Services leads the rout as investors reprice India's outsourcing giants against a backdrop of agentic AI eating services revenue.

San Francisco home sellers list properties for Anthropic stock instead of cash
At least three Bay Area listings will swap real estate for Anthropic equity as the company files for an IPO at a $965B valuation.

Google pledges to replenish more water than its data centers use by 2030
Five new water commitments and $17M in stewardship funding arrive as 70% of Americans say they oppose local data center construction.

DeepSeek lines up $7B maiden fundraise, its first outside capital
The Chinese AI lab behind R1 is moving from self-funded curiosity to venture-backed frontier player with a single round larger than most of its rivals' lifetime totals.

Megaport raises $594M after landing four AI infrastructure contracts
The Australian network-as-a-service provider taps equity markets to fund a pivot toward AI workloads after winning four customer deals.

Cyera nears $12B valuation at 80x ARR as data-security spend surges
Evolution Equity Partners is leading a $300M round just five months after Cyera's $9B Series F, lifting total capital raised past $2B.

Nvidia ships NemoClaw blueprint for autonomous industrial AI engineers
Cadence, Siemens, Synopsys and Dassault Systèmes are building agents on the new runtime to cut RTL verification from weeks to hours.

Microsoft unveils Project Solara, an Android-based OS for AI agent devices
Built on Android rather than Windows, Solara targets always-on agent hardware; AccuWeather, Best Buy, CVS, and Target are piloting reference designs.

Martin Scorsese signs on as adviser to AI image startup Black Forest Labs
The director will use the $3.25B-valued startup's tools for storyboarding — a narrow but symbolic crossover for Hollywood and generative AI.

Uber caps employee AI spending at $1,500 per tool after burning annual budget in 4 months
The ridesharing company now meters Claude Code and Cursor usage on an internal dashboard after blowing through its AI budget.

Nvidia and Microsoft unify agentic AI stack across Windows, Azure, and on-prem
RTX Spark laptops, a 748GB deskside supercomputer, and GPU-accelerated Fabric land at Microsoft Build alongside Claude on GB300 Blackwell.

Microsoft launches Scout, an always-on personal assistant built on OpenClaw
Scout enters preview for US Frontier customers this week, with 3,000 Microsoft employees already using the desktop app internally.

Opal pivots to AI hardware with $40M from OpenAI, valued at $275M
The webcam maker is rebranding as Opal Electronics and shipping an AI audio device in the next three to four months.

OpenAI pushes Codex into white-collar work as weekly users hit 5M
Six job-specific plug-ins, a Sites feature, and a knowledge-work report mark OpenAI's serious move on enterprise turf Anthropic claimed first.

Travelers rolls out OpenAI-powered Claim Assistant nationwide
The insurer's Claim Assistant guides customers through filings and offers 24/7 support, with capacity to scale during catastrophe surges.

Impulse Space raises $500M Series D, bets on human engineers over AI
Tom Mueller's in-space mobility startup will hire up to 200 engineers, citing thin training data for hardware design.

ZeroDrift raises $10M to police AI model outputs in real time
The seed round closed in three weeks and was 3x oversubscribed, with a16z Speedrun leading a bet on AI-on-AI compliance.
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