Enterprise spending on generative AI reached $37 billion in 2025, more than triple the $11.5 billion a year earlier, according to Menlo Ventures, yet 79% of 500 finance leaders surveyed by Sapio Resea…
Modal made its multi-node GPU clusters generally available on October 1st, letting developers request coordinated GPU capacity with the Python decorator @modal.clustered(size=4, rdma=True) instead of …
Meta is testing a native payment wallet called Meta Pay for Muse, its new personal AI agent, on its smart glasses, according to a reverse-engineering leak reported by Android Authority hours before th…
Only 34% of organizations apply the same security controls to AI agents as they do to human workers, according to Okta's AI Agents at Work 2026 report, a gap Okta is addressing by positioning identity…
Inception Labs' Mercury 2.5 is the fastest LLM available via API as of September 2026, posting 1,107 tokens per second on vendor benchmarks and 440 tok/s P50 at 1.17s latency in OpenRouter telemetry, …
Menlo Ventures published its second annual consumer AI report on September 16, 2026, based on a July 2026 Morning Consult survey of 5,067 US adults, finding that 41% of AI users have tried an AI agent…
Inception Labs launched Mercury 2.5 on September 8th, a diffusion-based language model API that the company claims generates 1,107 tokens per second on widely available Nvidia GPUs, with a 260,000-tok…
AI startup Inception launched Mercury 2.5, a diffusion-based large language model that delivers a 40% intelligence improvement over its predecessor while processing 1,107 tokens per second on standard…
Pangram Labs, a Brooklyn-based startup whose browser extension and website detect AI-generated text, has identified AI-written content in an award-winning short story, a popular novel, a billionaire's…
Lovable, an AI app builder valued at $13.3 billion, is rolling out Model Context Protocol (MCP) capabilities to let users expose app functions as agent-callable endpoints, aiming to make web apps nati…
Lovable, the AI-powered app-building platform formerly known as GPT Engineer, is pivoting to enable agents to use apps directly, with CTO Fabian Hedin describing a future where users interact with a s…
Oliver AI, founded by Praneet Sharma, Grace Johnson, and Toby O'Brien, has raised an undisclosed pre-seed round from Menlo Ventures and Unusual Ventures to build an analytical database for AI agents. …
Anthropic overtook OpenAI in business AI spending for the first time, with Ramp's AI Index showing Anthropic at 43.5% of U.S. businesses on its platform paying for subscriptions or tokens in July 2026…
OpenAI posted 82% quarter-over-quarter enterprise growth in Q3 2026, surpassing Anthropic's 76%, according to Ramp token-spend tracking. The reversal was driven by OpenAI's GPT-5.6 Sol, which scored 8…
Stripe has agreed to acquire OpenRouter, the unified interface for large language models launched in 2023, which has grown to support over 500 models and a 4.5+ quadrillion-token annual run rate. Menl…
Andreessen Horowitz and Menlo Ventures are poised to make nearly $2 billion combined from Stripe's potential acquisition of AI model marketplace OpenRouter for more than $8 billion, according to peopl…
Wispr raised $280 million in Series B funding at a $2 billion valuation, bringing its total financing to $361 million as it expands beyond dictation into meeting notes and voice-enabled hardware. Menl…
Wispr Flow raised $280 million in a Series B funding round led by Menlo Ventures, valuing the AI voice-to-text startup at $2 billion, with total funding reaching $361 million. The company said users h…
Wispr AI Inc. raised $280 million in Series B funding at a $2 billion valuation, led by Menlo Ventures with participation from existing and new investors, bringing total funding to $361 million. The c…
Stripe Inc. has finalized an agreement to acquire OpenRouter, a startup that lets developers switch between AI models, for more than $7 billion, a 5.4-fold premium over its $1.3 billion valuation from…