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Business — page 33

Legora hits $5.6B valuation as Nvidia joins legal AI fight against Harvey
Business

Legora hits $5.6B valuation as Nvidia joins legal AI fight against Harvey

NVentures led a $50M extension to Legora's $550M Series D after the Swedish startup crossed $100M ARR — closing the gap with Harvey's $11B mark.

Jaeden Schafer5 min read
Nvidia logo
Business

NVIDIA wraps OpenClaw in NemoClaw as autonomous agents push inference 1,000x higher

OpenClaw hit 250,000 GitHub stars in 60 days. NVIDIA is now hardening it for enterprises with NemoClaw, OpenShell and Nemotron models.

Jaeden Schafer5 min read
Salesforce is letting 18,000 customers steer its AI roadmap, week by week
Business

Salesforce is letting 18,000 customers steer its AI roadmap, week by week

Agentforce's parent company has dropped quarterly planning cycles in favor of weekly customer meetings to keep pace with shifting AI capabilities.

Jaeden Schafer5 min read
Anthropic logo
Business

Amazon Bets Graviton and Tranium on Anthropic to Crack Open the AI Chip Market

The cloud giant is using its Anthropic partnership to validate custom silicon, echoing Microsoft's Azure playbook with OpenAI.

Jaeden Schafer4 min read
Anthropic logo
Business

Anthropic Hits $30B Run Rate, Surges Past OpenAI as Amazon Adds $5B

The Claude maker has scaled from $1bn to $30bn in annual run rate in 16 months, eclipsing OpenAI's $25bn while accepting fresh Amazon backing.

Jaeden Schafer5 min read
OpenAI logo
Business

AWS Launches OpenAI Models on Bedrock as Microsoft Exclusivity Ends

OpenAI's frontier models and Codex agent platform arrive on Amazon Bedrock one day after the Microsoft Azure exclusivity deal lapses.

Jaeden Schafer4 min read
Food and Drug Administration
Business

BioticsAI clears the FDA after building its ultrasound copilot for under $100,000

Robhy Bustami's startup, a 2023 Startup Battlefield winner, can now sell into hospitals after January's FDA nod.

Jaeden Schafer4 min read
X starts phased rollout of an AI-rebuilt ad platform as revenue ticks up
Business

X starts phased rollout of an AI-rebuilt ad platform as revenue ticks up

eMarketer pegs X's 2026 ad revenue at $2.46B, up from $2.26B in 2025 but still half of Twitter's 2021 peak.

Jaeden Schafer4 min read
Meta logo
Business

Meta's business AI hits 10M weekly conversations, up 10x since January

Zuckerberg signals paid tier ahead as Meta's free messaging assistants scale across WhatsApp, Instagram, and Facebook.

Jaeden Schafer5 min read
SoftBank lines up Roze AI, a robot-built data center venture, for a $100B IPO
Business

SoftBank lines up Roze AI, a robot-built data center venture, for a $100B IPO

The Japanese conglomerate wants to take Roze AI public as soon as the second half of 2026, with autonomous robots assembling US server farms.

Jaeden Schafer4 min read
Anthropic logo
Business

Anthropic weighs $50B round at up to $900B, more than double February's mark

Preemptive bids land at $850B–$900B as run-rate revenue jumps from $9B to $30B in four months. A board decision is expected in May.

Jaeden Schafer5 min read
Amazon Web Services
Business

AWS grows 28% to $37.6B as Amazon's free cash flow craters 95%

Andy Jassy says the AI revenue run rate at AWS now sits above $15B, but capex spending is gutting near-term free cash flow.

Jaeden Schafer4 min read
Alphabet
Business

Google Cloud clears $20B in Q1 but says it can't keep up with demand

Revenue rose 63% year-over-year and the backlog doubled to $462B, but Sundar Pichai told analysts the business is compute-constrained.

Jaeden Schafer5 min read
Microsoft
Business

Microsoft says Copilot has crossed 20M paid seats with engagement matching Outlook

Satya Nadella told investors Copilot queries per user rose nearly 20% quarter over quarter, and Accenture just signed for 740,000 seats.

Jaeden Schafer4 min read
Microsoft
Business

Nadella says Microsoft will 'exploit' royalty-free OpenAI access through 2032

Microsoft's AI run rate hit $37B, up 123% year-over-year, as the CEO shrugs off concerns about OpenAI's new Amazon deal.

Jaeden Schafer5 min read
Meta loses another $4B on Reality Labs as AI capex balloons past $125B
Business

Meta loses another $4B on Reality Labs as AI capex balloons past $125B

Reality Labs has now bled $83.5B since 2021, even as Meta projects up to $145B in 2026 infrastructure spending.

Jaeden Schafer4 min read
Google
Business

Google adds 25M paid subscriptions in Q1, hits 350M total

YouTube Premium and Google One drive subscription growth as YouTube ad revenue misses Wall Street's $9.99B target by $110M.

Jaeden Schafer4 min read
Parallel Web Systems hits $2B valuation five months after Series A
Business

Parallel Web Systems hits $2B valuation five months after Series A

Parag Agrawal's agent-tooling startup raised a $100M Series B led by Sequoia, nearly tripling its valuation since November.

Jaeden Schafer4 min read
Runway CEO says world models are the next act after AI video
Business

Runway CEO says world models are the next act after AI video

The New York startup has raised close to $860M at a $5.3B valuation and is now chasing gaming, robotics, and real-time generation.

Jaeden Schafer4 min read
Pure DC pauses Middle East data center buildout after Iranian drone strike
Business

Pure DC pauses Middle East data center buildout after Iranian drone strike

Iranian missile and drone attacks have damaged AWS, Oracle, and Pure DC sites, freezing a trillion-dollar Gulf AI data center plan.

Jaeden Schafer5 min read
Shape
Business

Shapes raises $8M to put AI characters inside human group chats

The Lightspeed-led seed funds an app with 400,000 monthly users where AI 'Shapes' chat alongside friends instead of one-on-one.

Jaeden Schafer4 min read
Firestorm Labs raises $82M to print drones inside shipping containers
Business

Firestorm Labs raises $82M to print drones inside shipping containers

The San Diego startup's xCell unit prints drone systems in under 24 hours and is already deployed with the Air Force in New York and Florida.

Jaeden Schafer5 min read
Scout AI raises $100M to train a vision-language-action model for the battlefield
Business

Scout AI raises $100M to train a vision-language-action model for the battlefield

Coby Adcock and Collin Otis's defense lab is building an AI called Fury to drive ATVs and command drones, with $11M in DoD contracts already booked.

Jaeden Schafer5 min read
Eka's robots screw in light bulbs and sort chicken nuggets, claiming a path to superhuman dexterity
Business

Eka's robots screw in light bulbs and sort chicken nuggets, claiming a path to superhuman dexterity

MIT's Pulkit Agrawal and ex-DeepMind researcher Tuomas Haarnoja say simulation, not human demos, will crack the dexterity problem.

Jaeden Schafer5 min read
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