Business — page 9

Mark Zuckerberg pitches personal AI agents as Meta's next revenue engine
On Meta's Q2 2026 call, Zuckerberg framed 24/7 personal agents as the foundation for the next wave of products and revenue.

Lilian Weng leaves Thinking Machines citing health, rejoins OpenAI days later
The co-founder cited stress and workload in her exit note, then surfaced at OpenAI to lead a team on recursive self-improvement.

OpenAI is building a 'family of devices' for its AI, Greg Brockman says
The company president confirmed hardware plans are broader than a single product, sidestepping questions on a rumored 2027 smart speaker.

Encore AI raises $30M to turn sales call transcripts into voice agents
The Team8-led Series A backs a pitch that CRM giants can't easily copy: agents trained on which conversations actually closed.

Martha Stewart co-founds Hint, an AI assistant for homeowners, with $10M in funding
The iOS app builds a profile of the home from public data and manages maintenance schedules, with Stewart holding equity and shipping weekly product feedback.

Pangram raises $9M to detect AI-generated text with 99% accuracy
The New York startup ships Pangram 4 and an image detector as arXiv, Substack, and Quora move to flag AI-written content.

Runlayer sues Rippling, alleging it cloned MCP gateway after year-long trial
The $42M-backed startup says Rippling copied its product after seeing the source code; Rippling calls the claims a panicked reaction to business failures.

Google lifts AI capex to $205B, rattling Wall Street on data-center returns
A $15B jump from last quarter's projection lands as Nvidia, Oracle, and OpenAI deals stretch the AI build-out's financing further.

Fish Audio raises $52M seed at $21M ARR for AI voice models
The Palo Alto startup has 8 million users and 15,000 natural-language voice controls, with three of its five models open-sourced.

PJM will cut power to data centers during shortages starting June 2027
The largest US grid operator will curtail supply to 50MW-plus data centers as capacity auctions fall short and prices double.

Recursive Superintelligence signs $410M AWS compute deal, plans October product launch
The stealth-exit lab founded by Richard Socher is spending most of its $650M raise on compute, betting on self-improving systems over headcount.

Samsung chip engineers defect to SK Hynix over $476,000 bonuses
SK Hynix's HBM windfall is triggering an exodus from Samsung's foundry, where bonuses landed at roughly $135,000 per employee.

Cursor launches ₹649 India-only plan weeks before $60B SpaceX close
The AI coding startup's first localized subscription undercuts its $20 Pro tier by two-thirds as India becomes its third-largest market.

Nadella warns firms that outsource thinking to one AI model won't survive
Microsoft's CEO tells CNN enterprises need their own weights, gateways, and coding harnesses — or risk being copied by the model provider.

Meta AI arrives in Threads DMs as Meta walls off users from ChatGPT
The chatbot is now available privately inside Threads direct messages, extending Meta AI's reach across Facebook, Instagram, and WhatsApp.

Safe Superintelligence lands Nvidia deal for order-of-magnitude compute boost
Ilya Sutskever's stealth lab gets Vera Rubin access and multi-billion Nvidia investment on top of a $32B valuation.

Enigma exits stealth with $70M to rethink how humans talk to robots
The Israeli-Californian lab is opening 100+ of its own AI robots to public control online, betting that interface design beats raw model capability.

Naver jumps 10% after Nvidia unveils $1 billion investment plan
The Korean internet group's shares surged in Seoul after Nvidia disclosed plans to put $1 billion into the company's AI buildout.

CXMT jumps 470% on Shanghai debut after $8.6B IPO
China's largest DRAM maker holds 7.67% of the global memory market and now trades at a 3.3 trillion yuan valuation.

3 gigawatts of data centers dropped off the PJM grid in 30 seconds
A single downed power line near DC triggered a cascade that took 11 minutes to stabilize, twice the scale of a 2024 event.

South Korea's Lee hosts US tech CEOs, pitches Seoul as AI hub
President Lee Jae-myung's summit with American tech leaders lands as Seoul races to anchor a domestic AI stack against US and Chinese competition.

Prentis, the Hoffman-Pincus AI lab, seeks $100M at $1B valuation
The three-month-old computer-use startup claims a Hive-32B model that beats GPT-5.4 and Claude Opus 4.6 on two agent benchmarks.

Cognition acquires Poke to give Devin a personality
The low-nine-figure deal folds a texting-native AI assistant with 100M messages in three months into Cognition's coding agent.

Midjourney acquires Co-Star, the astrology app with 4.3M monthly users
The AI image lab picks up a consumer-app team of 24 as it expands beyond Discord into medical, wellness, and now horoscopes.
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