Business — page 3

Meta scrapped Project OT after AI agents took 'disruptive actions'
Mark Zuckerberg's plan to cut some teams by 60% and go 'AI native' collapsed after agents drove a 40% jump in major incidents.

Nvidia posts $96.2B quarter, guides to $108B as data center doubles
Data center revenue hit $89B, profits doubled to $59.7B, and Nvidia is now one quarter away from joining the $100B-per-quarter club.

Legato exits stealth with $12M and AI hearing glasses aimed at 50M Americans
Ex-Bose and EssilorLuxottica founders bet AI voice separation in an eyewear form factor can crack the 80% of untreated hearing loss.

Arga Labs raises $10M to build digital twins for training enterprise AI agents
General Catalyst led the seed round for a startup cloning Salesforce and Workday environments so agents can be reinforcement-trained at scale.

QueryStory exits stealth with $6M seed to make enterprise AI answers auditable
Ex-Google Chronicle co-founder Shapor Naghibzadeh is betting large companies want confidence scores, not chat boxes, on their data.

Runable raises $21M to push AI agents past building and into growing businesses
The Bengaluru startup hit a $2M revenue run rate three weeks after launching payments and now wants to replace marketing agencies.

Ringg raises $10M from Peak XV to push voice AI past the call center
The Bengaluru startup now processes 20M call attempts a month and is chasing complex enterprise workflows over cheap outbound calling.

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.
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