Databricks surges to a $7B revenue run-rate with 80% year-over-year growth and closes a massive $5B funding round at a $190B valuation, as the company aggressively expands its AI agent infrastructure with Lakebase, Genie, and Unity AI Gateway.
Vibe-coding startup Lovable secures a massive $400 million Series C round led by Menlo Ventures, catapulting its valuation to $13.3 billion as the European AI platform boasts $500 million in annualized revenue, 60 million projects, and 900 million monthly visitors.
OpenAI COO Brad Lightcap, one of the company's longest-serving executives, is departing to launch a new venture, adding to a growing wave of senior leadership exits as the AI giant prepares for a major IPO.
OpenAI completes a $7 billion employee share buyback at a staggering $852 billion valuation, signaling a potential IPO delay as the company races to strengthen its enterprise business amid competition from a newly profitable Anthropic.
Two ex-Google DeepMind engineers have launched Poetiq, a startup developing self-improving AI technology kept strictly internal, while debuting Augur, a benchmarking tool helping enterprises find the best AI model for specific tasks.
AI startup Hark launches 'Handoff,' an autonomous web agent claiming a record 97.7 benchmark score and pricing at one-tenth of competitors' costs, backed by a staggering $6 billion valuation — but transparency concerns over its base model, benchmark methodology, and enterprise security leave critical questions unanswered.
SpaceX shares fall after the company reveals a staggering $28.5 billion in AI capital expenditures in the first half of 2026, more than four times last year's spending, alarming investors despite strong inaugural earnings that beat Wall Street expectations.
Google shakes up its AI leadership as Demis Hassabis steps back from day-to-day operations at DeepMind to focus on AGI strategy, Koray Kavukcuoglu takes the reins overseeing Gemini's 950 million users, and legendary engineer Jeff Dean departs after 27 years to co-found a new AI-focused public benefit corporation with Google …
Anthropic signs a massive $10 billion, six-year cloud compute deal with AI startup Volta to build a 133-megawatt data center in Norway powered by Nvidia's cutting-edge Vera Rubin chips, as the AI company aggressively expands its infrastructure amid fierce industry competition.
Apple seeks a preliminary injunction against OpenAI over alleged stolen trade secrets involving two former employees, but OpenAI fights back by releasing text messages and emails it claims prove its innocence, as the high-stakes legal battle threatens to delay OpenAI's AI hardware launch and shake investor confidence ahead of its …