Business — page 26

Mira Murati surfaces at Thinking Machines with a new bet on real-time AI
The former OpenAI CTO previewed 'interaction models' that process audio, text, and video in 200-millisecond intervals — her first major appearance in 18 months.

Anthropic's Daniela Amodei defends AI economics as IPO filing lands
Annualized revenue hit $47B in May, up from $9B at the end of 2025, as the co-founder pitches public markets on frontier-model economics.

Airbnb CEO Brian Chesky is starting his own AI lab
Chesky stays on as Airbnb CEO while funding a new model lab focused on user interaction and design — putting him in quiet competition with Sam Altman.

Anthropic files to go public at $965B, beating OpenAI to the IPO window
Anthropic, SpaceX-owned xAI, and OpenAI are all racing to list — and San Francisco realtors are now pricing homes in pre-IPO stock.

Kevin O'Leary halves Utah's Project Stratos data center to 20,000 acres
After pressure from Utah's Senate president, O'Leary will cut 19,430 acres — but the footprint still exceeds Manhattan.

Apple approves Poke as first AI agent on Messages for Business
The Palo Alto startup will pay Apple per user to run inside iMessage, opening a new distribution channel and a new Apple revenue line.

Meta is building data centers in tents to keep up with AI compute demand
Six 125,000-square-foot rapid-deployment structures outside New Albany, Ohio, powered by 200 MW of off-grid gas turbines.

Google defends evaporative cooling as Microsoft, OpenAI retreat from it
Seven in ten Americans now oppose new data centers, and water is the top concern. The industry is splitting on how to answer.

TSMC says it can't keep up with AI chip demand even with $165B US buildout
CEO C.C. Wei warns of bottlenecks as TSMC pours $165B into Arizona and plans three more US plants to chase a $1T market by 2027.

Jeff Bezos backs Flourish, a $2.5B neuro-AI startup chasing the brain's algorithm
Thomas Reardon's New York lab raised $500M to build Cortex AI, a synthetic brain targeting 50 watts versus the 600+ watts of a single training chip.

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.
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