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Business — page 9

Meta logo
Business

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.

Jaeden Schafer5 min read
OpenAI logo
Business

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.

Jaeden Schafer4 min read
OpenAI logo
Business

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.

Jaeden Schafer4 min read
Encore AI raises $30M to turn sales call transcripts into voice agents
Business

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.

Jaeden Schafer4 min read
Martha Stewart co-founds Hint, an AI assistant for homeowners, with $10M in funding
Business

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.

Jaeden Schafer4 min read
Pangram raises $9M to detect AI-generated text with 99% accuracy
Business

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.

Jaeden Schafer5 min read
Runlayer sues Rippling, alleging it cloned MCP gateway after year-long trial
Business

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.

Jaeden Schafer5 min read
Google logo
Business

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.

Jaeden Schafer4 min read
Fish Audio raises $52M seed at $21M ARR for AI voice models
Business

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.

Jaeden Schafer5 min read
PJM will cut power to data centers during shortages starting June 2027
Business

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.

Jaeden Schafer5 min read
Recursive Superintelligence signs $410M AWS compute deal, plans October product launch
Business

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.

Jaeden Schafer5 min read
Samsung chip engineers defect to SK Hynix over $476,000 bonuses
Business

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.

Jaeden Schafer5 min read
Cursor launches ₹649 India-only plan weeks before $60B SpaceX close
Business

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.

Jaeden Schafer5 min read
Microsoft logo
Business

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.

Jaeden Schafer5 min read
Meta logo
Business

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.

Jaeden Schafer4 min read
Nvidia logo
Business

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.

Jaeden Schafer5 min read
Enigma exits stealth with $70M to rethink how humans talk to robots
Business

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.

Jaeden Schafer5 min read
Nvidia logo
Business

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.

Jaeden Schafer4 min read
CXMT jumps 470% on Shanghai debut after $8.6B IPO
Business

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.

Jaeden Schafer4 min read
3 gigawatts of data centers dropped off the PJM grid in 30 seconds
Business

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.

Jaeden Schafer5 min read
South Korea's Lee hosts US tech CEOs, pitches Seoul as AI hub
Business

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.

Jaeden Schafer4 min read
Prentis, the Hoffman-Pincus AI lab, seeks $100M at $1B valuation
Business

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.

Jaeden Schafer5 min read
Cognition acquires Poke to give Devin a personality
Business

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.

Jaeden Schafer5 min read
Midjourney acquires Co-Star, the astrology app with 4.3M monthly users
Business

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.

Jaeden Schafer4 min read
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