Business — page 33

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
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