Profound, a startup aiming to optimize brand visibility in AI search, secures $35 million in Series B funding led by Sequoia, positioning itself as a pioneer in addressing post-SEO challenges as AI chatbots reshape the search landscape, offering solutions to monitor and optimize content for AI models.
AI startups generate unprecedented wealth, minting dozens of new billionaires as record funding rounds propel company valuations to stratospheric heights, solidifying Silicon Valley's dominance in the AI revolution.
In a frenzy reminiscent of the dot-com bubble, AI mania propels tech valuations to dizzying heights, with price-to-earnings ratios of S&P 500's largest companies surpassing 1999 peaks, prompting analysts to caution against 'frothy' market sentiment and potential pullback in AI stocks.
AI startups dominate venture capital as just 10 companies capture 41% of all VC investment in 2025, with OpenAI leading a $81 billion funding surge that experts warn creates dangerous market concentration and potential bubble conditions.
SoftBank acquires Foxconn's Ohio plant to produce AI servers for its Stargate data center project, a collaboration with OpenAI and Oracle, shifting the factory's original plan for electric vehicle manufacturing.
SoftBank's quarterly profits soar on AI investments like Nvidia and startups, while offloading T-Mobile stakes and delaying its $500 billion Stargate AI project with OpenAI due to market volatility.
SoftBank Group soars with a remarkable $2.87 billion profit in the first quarter, fueled by substantial gains from its Vision Fund investments, while its Stargate data center project faces a slight delay and it raises $7.8 billion from offloading T-Mobile shares.
SoftBank's Masayoshi Son tearfully laments selling $160 billion Nvidia stake for $4 billion, shifting focus to new $100 billion fund aimed at realizing artificial superintelligence.
SoftBank CEO Masayoshi Son tearfully laments selling his $3.6 billion Nvidia stake in 2019 for $160 billion loss, launches $100 billion AI fund named Izanagi.
Amazon Web Services commits to providing U.S. federal agencies up to $1 billion in cloud service discounts through 2028, joining Oracle and OpenAI in major deals aimed at accelerating government digital transformation and AI adoption.