Business — page 3
Generalist hits $3B valuation as 8VC leads $200M robotics extension
The former DeepMind and Boston Dynamics team raised a $200M extension on top of a $400M June round, bringing total funding to $600M.
Stability AI raises $76M Series B from Universal, Sony, Warner, and EA
The Stable Diffusion maker's cap table now doubles as a content-licensing map, with the labels and EA co-developing tools rather than just licensing outputs.
OpenAI's Thibault Sottiaux on ChatGPT Work hitting 20M users
The head of core products defends the $20 Plus plan, an 80% price cut with Luna, and the bet that workers want the model to just take over.
Gamma acquires Accel-backed Lica to build an AI design research lab
Lica's co-founders will lead Gamma's new research division, tasked with reinventing what a presentation looks like beyond the slide.
nVent Electric to buy Maverick Power for $1.75B to expand data center lineup
The electrical connection and protection supplier is doubling down on AI data center infrastructure with its largest deal to date.
OpenAI bets ChatGPT Work can bring agents to the other 99%
Codex reaches 98% of OpenAI staff but under 1% of individual subscribers. ChatGPT Work is the company's fix.
Nvidia opens NVLink Fusion to let custom XPUs plug into its rack-scale AI factories
The interconnect stretches to a 72-XPU domain with 3x lower latency and 10x higher packet rate than off-the-shelf Ethernet alternatives.
Nvidia in talks to invest in Perplexity at $30B-plus valuation
The chipmaker is deepening ties with an AI search startup it already backs, cementing Nvidia's role as both supplier and shareholder across the sector.
Alibaba plans $10B Hong Kong share placement to fund AI buildout
The raise would rank among the largest secondary equity offerings in Hong Kong this cycle, earmarked for AI infrastructure and model spend.
Harvard Business School puts AI avatars of its instructors inside a $699 bootcamp
HBS Foundry's eight-week program uses HeyGen-generated clones of real professors to critique student pitches between live sessions.
Nvidia lifts AI server prices more than 15% as memory costs surge
Vera Rubin and Grace Blackwell systems shipping early next year will cost hyperscalers more, with memory makers squeezing the world's most profitable chipmaker.
Ulanqab emerges as China's biggest AI data center hub with 12.5GW pledged
DeepSeek, ByteDance and Alibaba are among the Chinese firms racing to build in the Inner Mongolian city, dwarfing OpenAI's 10GW Stargate footprint.
Starcloud raises $250M to build orbital data centers ahead of launch crunch
The Nvidia-backed startup hits a $2.3B valuation as it races to secure Starship capacity before SpaceX retires Falcon 9 in 2028.
Greater Manchester holds out as UK weighs $400M Palantir NHS break
The region's homegrown data platform is now central to a debate over whether the UK should terminate Palantir's NHS contract next February.
Micro1 hits $500M run rate as AI training data demand surges
The four-year-old data-labeling startup grew fivefold in eight months, trailing Mercor's $2B and Handshake's $1B in the same market.
OpenAI claws back ground on Anthropic among US businesses, Ramp data shows
Anthropic still leads at nearly 44% share to OpenAI's 40%, but the ChatGPT maker is now growing faster in Q3 among Ramp's business customers.
Every builds an AI clone of its editor in chief from 30,000 edits
CEO Dan Shipper says the 30-person AI publisher doubled headcount while automating its own copy desk with a Kate Lee agent.
Data centers turn to recycled water as Loudoun burns 260M gallons daily
A Liquid Death spoof about cooling servers with urine hides a real shift: recycled water now handles 43% of Loudoun County's data center load.
Google adds Preferred Sources button as AI search guts publisher traffic
Readers can now one-click a site as a favorite in Search, Discover, and News — Google's concession to publishers bleeding clicks to AI Overviews.
Ramp launches Router, an AI model routing service to rival OpenRouter
The corporate expense platform opens a toll house for AI inference, connecting eight model providers with a $26 launch credit.
Binance opens trading to AI agents with new Agent OS platform
The world's largest crypto exchange lets ChatGPT, Claude, and Cursor place trades — with user-set sub-accounts as the main safety layer.
Citi, HSBC and StanChart adopt Ant International's forex AI tool
Three of the largest global banks are plugging into Ant International's Falcon-based FX model to hedge cross-border payments in real time.
Cognition CEO denies SpaceX tried to acquire the AI coding startup
Scott Wu says Cognition 'is not for sale' after a report that SpaceX approached the Devin maker, now in talks at a $40B valuation.
Silicon Data raises $30M to build a Wall Street price for AI compute
The startup wants to be the reference index for GPU rental, with CME compute futures set to launch October 5th pending regulatory approval.
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