Legal AI startup Harvey secures $200 million in new funding, skyrocketing its valuation to $11 billion as its platform now serves over 100,000 lawyers across 1,300 organizations with $190 million in annual recurring revenue.
Disney cancels its $1 billion OpenAI licensing deal after Sora's shutdown, though no money ever changed hands, and both companies are still exploring alternative partnership opportunities even as Hollywood's AI concerns shift toward rival platforms like SeeDance 2.0.
Meta launches AI-powered shopping features on Facebook and Instagram, offering one-tap checkout via Stripe and PayPal partnerships, AI-generated product summaries and discounts, and an expanded creator affiliate program now including Amazon, eBay, and Temu across 22 countries.
OpenAI shuts down its Sora video app and ends its $1 billion Disney deal, as Elon Musk's xAI races to capture the AI video market with Grok Imagine — but faces lawsuits, EU probes, and fierce competition from Google, Runway, and ByteDance.
Mistral launches Voxtral TTS, a groundbreaking 3-billion parameter open-weight text-to-speech model that outperforms ElevenLabs, adapts to any voice in five seconds, and runs directly on smartwatches.
Google launches Lyria 3 Pro, a powerful new AI music model that generates full 3-minute songs with structural awareness, letting users prompt for specific elements like verses and choruses, while rolling out across Vertex AI, Google AI Studio, and the Gemini app with built-in SynthID watermarking and responsible content safeguards.
Salesforce integrates Agentforce AI agents directly into Slack, letting teams interact with AI via DMs or @mentions, deploy ready-made HR, sales, and marketing templates, or build custom agents — all without ever leaving the app.
AI is decimating entry-level coding jobs, with U.S. postings dropping 35% since 2023, as Block slashes nearly half its 8,000-person workforce and experts warn a sweeping wave of white-collar tech layoffs is just beginning.
Databricks launches Lakewatch, an AI-powered SIEM now in Private Preview, promising up to 80% cost reduction in cybersecurity operations by deploying AI agent swarms for automated threat detection, triage, and investigation — backed by a deepened Anthropic partnership and two strategic acquisitions.
OpenAI surpasses $120 billion in total funding, blowing past its $100 billion target with backers like Microsoft and Andreessen Horowitz, as the AI giant eyes a potential IPO and makes tough cuts — including shutting down its Sora video app — to prioritize profitability.