Business — page 5
Anthropic pitches IPO investors on $190-200B in 2028 revenue
The forecast, shared with prospective backers, would put Anthropic on a growth curve steeper than any software company on record.
Unitree ships 5,511 humanoid robots as G1 becomes a viral street act
The $13,500 Chinese humanoid is dancing at World Cup parties and racking up billions of views — but most operators are still teleoperating it.
VideoVerse-Minute Media $250M deal collapses amid forgery claims
The sports video-clipping acquisition unraveled into lawsuits and an unreachable CEO, the same week Meta pitched open AI with Glimmer.
UGM, Indosat and Nvidia open Indonesia's first university AI center
The Yogyakarta hub gives Indonesian researchers sovereign GPU access to tackle tuberculosis screening, farming and disaster response.
OpenAI cuts GPT-5.6 Luna 80% as Anthropic undercuts its own flagship
US token prices have dropped nearly a quarter since mid-July as DoorDash and Airbnb shift workloads to Chinese models from Moonshot and DeepSeek.
Kog claims 30x faster LLM inference on existing Nvidia and AMD GPUs
The 11-person French startup hit 3,000 tokens per second on a 2B model and now needs to prove the same trick works on real LLMs by September.
Hyperscalers face natural gas price shock as Noreva forecasts $10 BTU hubs
Meta, Amazon, Microsoft, and Google are building 17-plus gigawatts of gas plants for AI data centers just as prices could triple.
Apple trained a custom China AI model with Alibaba, Reuters reports
The partnership would make Apple the first US company approved to offer a proprietary AI model in China, ahead of an Apple Intelligence rollout.
Uber and Pony.ai to deploy 2,000 robotaxis across Europe
The pair will expand beyond their Zagreb launch to four more European cities and enter the Middle East, chasing Waymo's 5,000-vehicle lead.
Lam Research to invest more than $3 billion expanding chip R&D labs
The semiconductor equipment maker is doubling down on next-generation chipmaking tools as AI accelerator demand strains fabrication capacity.
Databricks raises $5B at $190B valuation after $15B in investor demand
CEO Ali Ghodsi wanted $1B. A leaked story turned it into a five-times-larger round at a higher mark.
Writer launches Palmyra X6 and new harness, promising 50% cost cut
The marketing-AI vendor bets enterprises are done chasing benchmarks and want flat token bills instead.
OpenAI loses second executive in a week as CRO Denise Dresser exits
Dresser departs after eight months; Wiz president Dali Rajic steps in as OpenAI restructures the revenue org ahead of its IPO.
IBM strikes OpenAI consulting deal, will retrain tens of thousands on GPT-5.6
The pact lands less than a year after IBM's Anthropic alliance and adds a dedicated OpenAI practice inside IBM Consulting.
OpenAI replaces CRO Denise Dresser with Wiz's Dali Rajic after nine months
The revenue chief swap follows the departures of COO Brad Lightcap and AGI deployment CEO Fidji Simo in the past month.
Databricks closes $5B round at $190B valuation, revenue hits $7B run rate
The data platform's valuation jumped from $134B in six months as CEO Ali Ghodsi cites 'crazy' agent demand and delays an IPO.
Apple weighs nine-figure budget to license news for Siri AI relaunch
The pay-per-use structure breaks with industry-standard flat licensing fees and signals urgency ahead of Siri AI's late-2026 rollout.
Nvidia backstops $500B AI data center push by guaranteeing GPU resale values
Jensen Huang gets Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to fund the buildout — in exchange for covering 25% of any collateral shortfall.
Microsoft folds consumer and business Copilot into one app, kills Mico and Deep Research
The August 18 consolidation ditches Group Chats, AI podcasts, Copilot Labs, and the floating blob mascot Mico.
Anthropic investors target $2 trillion IPO valuation for October debut
Backers project $100B–$120B annualized revenue by year-end, which would make Claude maker's listing the largest in history.
Microsoft merges consumer and commercial Copilot apps ahead of super app launch
One app, one icon, one taskbar entry — Microsoft is laying groundwork for a unified Copilot super app due later this year.
CodeRabbit raises $143M at $1.5B valuation to review AI-generated code
The Nvidia-backed startup now runs 2 million code reviews a week as AI-written software outpaces what human teams can vet.
Lovable raises $400M at $13.3B valuation as ARR nearly triples
The European app-builder went from 25M to 60M projects in 8 months, with Menlo Ventures returning to lead and EQT co-leading.
Sandbar raises $23M Series A for Stream, a voice-first AI ring
The startup has pulled in $36M total to bet that a ring, not earbuds or a pin, is the right form factor for capturing voice notes.
Stay ahead of everyone in AI.
The tightly edited AI news email engineers, founders, and investors actually open. One email. Every weekday. Five minutes to finish.
The briefing read inside teams at