Business - News Articles

Apple Halts Vision Pro Overhaul, Pivots to AI Smart Glasses to Compete with Meta

Feb 19, 2026

Bloomberg.com

Apple abruptly halts its planned Vision Pro headset overhaul and redirects resources toward developing AI-powered smart glasses to directly challenge Meta's dominance in the emerging wearable tech market.

AR/VR & Wearables Business

OpenAI Hires Instagram's Former VP Charles Porch to Lead Hollywood Partnerships as AI Video Tool Sora Seeks Content Deals

Feb 19, 2026

Vanity Fair

OpenAI recruits Instagram's former partnerships chief Charles Porch to spearhead Hollywood relations as the company pushes its AI video tool Sora into entertainment deals, following a massive $1 billion Disney licensing agreement while the industry remains wary of AI threats to jobs and creative content.

Entertainment Image & Video Business Copyright & IP

OpenAI Acquires Nerve AI Team to Build Large-Scale ChatGPT Search as Startup Shuts Down

Feb 19, 2026

Nerve

OpenAI acquires the entire Nerve AI team to develop large-scale search capabilities for ChatGPT as the enterprise workplace automation startup shuts down operations within 30 days, suspending customer billing immediately while promising secure data deletion after the transition period.

Search Business Enterprise

Perplexity Drops Ads From AI Search Platform, Warns Advertising Erodes User Trust

Feb 18, 2026

The Verge

Perplexity is dropping ads from its AI search platform, warning that advertising erodes user trust by making people 'doubt everything,' as the company pivots to paid subscriptions targeting high-value professionals like lawyers, doctors, and CEOs — drawing a sharp contrast with OpenAI's pro-advertising stance.

Search Business Trust

Meta Signs Tens of Billions Deal with Nvidia to Deploy Millions of AI Chips Across Data Centers

Feb 18, 2026

CNBC

Meta strikes massive multibillion-dollar deal with Nvidia to deploy millions of AI chips across data centers, becoming first company to use Nvidia's standalone Grace CPUs as part of ambitious $600 billion infrastructure expansion through 2028.

Data Centers Hardware Business

AI Companies Raise Record $100M+ in Seven Weeks as Anthropic Leads with $30B Round

Feb 18, 2026

TechCrunch

Seventeen US AI companies raise over $100 million each in just seven weeks of 2026, with Anthropic securing a massive $30 billion round at $380 billion valuation and xAI raising $20 billion, signaling unprecedented investor appetite for artificial intelligence ventures.

Funding Business

OpenAI Acquires OpenClaw Creator as AI Industry Pivots from Chatbots to Autonomous Action Agents

Feb 18, 2026

Venturebeat

OpenAI acquires OpenClaw creator Peter Steinberger as the AI industry pivots from chatbots to autonomous agents capable of browsing, clicking, and executing code to complete real tasks, while Anthropic's cease-and-desist letter backfires by pushing the viral project to their competitor.

Agents Business Funding

IBM Plans to Triple Entry-Level US Hiring in 2026, Shifts Focus from Coding to Human-Centered Tasks

Feb 18, 2026

The Deep View

IBM plans to triple entry-level US hiring in 2026 by completely redesigning jobs to focus on human-centered tasks like customer engagement instead of coding and administrative work that AI now automates.

Labor & Jobs Enterprise Business

Mistral AI Acquires Paris Startup Koyeb in First Deal to Boost Cloud Infrastructure Ambitions

Feb 18, 2026

TechCrunch

French AI unicorn Mistral AI makes its first acquisition by purchasing Paris-based cloud startup Koyeb, gaining 13 employees and serverless technology to optimize GPU usage and scale AI model deployment as part of its ambitious push to become a full-stack AI infrastructure provider.

Cloud Computing Foundation Models Business Hardware

Palantir Technologies Moves Headquarters from Denver to Miami as Tech Exodus to Florida Continues

Feb 18, 2026

Bloomberg.com

Data analytics giant Palantir Technologies relocates its headquarters from Denver to Miami without explanation, joining a growing exodus of tech companies moving to South Florida as the region positions itself as a Silicon Valley alternative.

Business Data & Analytics