Business — page 28
GitHub Copilot's token-based billing draws developer backlash ahead of June 1 switch
Some users say flat-rate subscriptions of $29–$50 a month will jump to $750 or $3,000 under usage-based pricing.
BuzzFeed licenses Cuppy to Amazon for AI-animated Prime Video series
Creator Loryn Brantz, who built The Good Advice Cupcake in 2017, says she was not consulted; BuzzFeed says it owns the IP.
Robotics startups pay households for chore footage to train physical AI
Shift, Pronto, and Human Archive are buying first-person video of cleaning and cooking — the bottleneck for home robots is real-world data.
ClickUp cuts 22% of staff for AI agents as Box's Levie warns of 'AI psychosis'
2026 tech layoffs already match all of 2025, while DuckDuckGo installs climb 30% from users rejecting forced AI in search.
Cognition CEO Scott Wu: Devin writes 89% of our code, but isn't replacing engineers
Fresh off a $1B raise at $26B, Wu insists the AI coding agent is a 'buddy' for programmers — even as it ships nearly all of Cognition's own code.
Groq seeks $650M from existing investors after Nvidia's $20B licensing deal
The AI chip startup is doubling down on its inference cloud business under interim CEO Adam Winter, with Disruptive and Infinitium backstopping the round.
XCENA raises $135M at $570M valuation for memory-centric AI chip
The Korean-American startup says its MX1 chip can collapse 10 servers of inference work into one by moving compute next to DRAM.
Shift offers free home cleanings in exchange for robot training footage
The startup's cleaners wear a camera-equipped 'magic hat' to capture point-of-view data for future household robots.
Apollo and Blackstone work on $36B debt deal for Anthropic
Private credit giants are assembling one of the largest debt packages ever raised for an AI company, per Bloomberg.
Glean hits $300M ARR by pitching AI cost savings to enterprise buyers
The enterprise search startup tripled revenue in 15 months as Google, Microsoft, and OpenAI move into its category.
Shanghai Futures Exchange designs derivatives market for AI tokens
CME Group and ICE are separately building GPU rental futures as financial infrastructure catches up to the compute economy.
Asana buys no-code agent builder StackAI for $75M
The acquisition folds StackAI's workflow agents into Asana's AI Studio as the company pitches itself as an operating system for human-agent teams.
AWS rebuilds OpenSearch Serverless for agent traffic as bots near half the web
The new Serverless decouples compute from storage and scales to zero — Cloudflare says non-human traffic will pass human traffic in early 2027.
Anthropic raises $65B at $965B valuation, passing OpenAI
The Series H nearly triples Anthropic's February mark of $380B and lands it ahead of OpenAI's $852B, with revenue at a $47B run rate.
Meta commits $13M in additional Oversight Board funding through 2028
After months of speculation that the company would let the body wither, Meta extended its lifeline with fresh capital running into 2028.
Snowflake raises FY27 guidance after signing $6B AWS Graviton deal
The cloud-data company cited accelerating enterprise AI adoption as it locked in multi-year AWS chip capacity.
Nvidia commits $150B annually to Taiwan as Trump's AI reshoring push stalls
Huang doubles down on Taiwan as the AI epicenter while Trump's chip tariffs and export controls fail to shift production stateside.
Snowflake signs $6B AWS deal for Graviton chips as AI CPU demand surges
The five-year contract doubles Snowflake's total AWS Marketplace revenue since 2012 and signals CPU chip competition heating up.
Meta launches Instagram, Facebook, and WhatsApp subscriptions globally
The company is rolling out $2.99–$3.99 monthly plans while testing AI and creator tiers under a new Meta One brand.
Cognition raises $1B at $25B pre-money valuation
The Devin maker's valuation jumped 145% in eight months on $492M annualized revenue run-rate.
Robinhood launches credit card and trading for AI agents
The brokerage opens both its Gold card and trading platform to autonomous agents, with 3% cash back.
OpenRouter raises $113M Series B at $1.3B valuation
The AI gateway startup more than doubled its value in a year as token volume surged 5x.
Human Archive raises $8.2M to turn India's gig workers into robot trainers
The startup pays workers $1 per hour to wear camera-equipped caps while cleaning homes and cooking meals, selling the data to AI labs.
85% of enterprises want agentic AI but 76% lack the infrastructure to deploy it
Layering AI agents onto legacy operations fails — full organizational redesign is required.
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