Sierra secures a massive $950M funding round, catapulting its valuation to $15B as its AI-powered customer service platform now serves over 40% of Fortune 50 companies, delivering billions of interactions with resolution rates exceeding 70%.
OpenAI and Anthropic are launching competing billion-dollar enterprise AI joint ventures simultaneously, with OpenAI securing $10B+ backed by TPG and SoftBank while Anthropic partners with Blackstone and Goldman Sachs, as both companies race to dominate business AI adoption ahead of potential IPOs this year.
xAI launches Grok 4.3 with ultra-low API pricing, a 1M-token context window, and rapid voice cloning, topping legal and financial benchmarks, but critics slam its coding and math weaknesses and report erratic 'narcolepsy' behavior in autonomous tasks.
AI chipmaker Cerebras Systems is targeting a massive $4 billion IPO with a $40 billion valuation, with formal marketing set to launch as early as Monday amid surging investor demand for its shares.
Oracle is simultaneously navigating a massive banking crisis tied to a $300 billion AI data center deal with OpenAI while slashing up to 30,000 jobs, as analysts warn the tech giant may need over $100 billion in additional financing by 2028 amid mounting debt concerns.
Anthropic is racing to close a massive $50 billion funding round within two weeks at a valuation exceeding $900 billion, surpassing OpenAI's $852 billion valuation, as the AI powerhouse reports over $30 billion in annual revenue and prepares for a highly anticipated IPO.
Anthropic is eyeing a staggering $900 billion valuation in a new funding round, potentially overtaking OpenAI as the world's most valuable AI startup, while also revealing a powerful but dangerous new AI model called Mythos capable of exploiting software vulnerabilities — deemed too risky for public release after unauthorized users …
Microsoft and OpenAI restructure their partnership, freeing OpenAI to expand beyond Azure and onto all cloud platforms including AWS, while Microsoft still stands to profit financially from the surprisingly amicable deal.
Google is now selling its custom AI chips, Tensor Processing Units, directly to customers for use in their own data centers, marking a major strategic shift that intensifies competition with Nvidia while Amazon simultaneously challenges the chip giant with its own lineup generating over $20 billion in annual revenue.
Perplexity launches a massive enterprise expansion of its AI agent platform at Ask NYC, introducing 50+ prebuilt workflows, Databricks and Snowflake integrations, financial data connections via Morningstar and PitchBook, and a 1Password integration — all while claiming $2.8 billion in labor-equivalent work completed since launch.