Harvey, the $11 billion legal AI startup, unveiled Tenet, its first proprietary in-house model, as part of the Harvey II relaunch on August 18. Tenet, built on a customized version of Moonshot AI's op…
Fortinet acquired Virtue AI on August 17, 2026, to secure AI agents against attacks, with terms undisclosed and deemed immaterial. Virtue AI, which raised $30 million in April 2025 from Lightspeed Ven…
Five U.S. federal agencies, including the NSA, CISA, the FBI, the Department of Energy, and the EPA, issued a joint advisory on August 19 warning that threat actors are using AI-generated Python scrip…
Micro1, a startup founded by 25-year-old Ali Ansari, grew from $7 million to $300 million in annualized revenue by April 2026, according to Forbes, by pivoting from AI recruiting to supplying vetted h…
Xpeng's first-quarter 2026 gross margin hit 20.6%, ahead of Tesla's 16.9% automotive margin, as the Chinese EV maker races to build robotaxis and humanoid robots using its own Turing AI chips. Xpeng d…
Enterprise buyers are killing AI agent deals because founders cannot specify where customer data is processed, according to a report on startupfortune.com. Most AI agent startups rely on OpenAI, Anthr…
Airwallex, a Melbourne-founded fintech, raised $320 million in a Series H round led by Addition, valuing the company at $11 billion, up from $8 billion in December. President Lucy Liu says the funds w…
President Donald Trump said at a White House event with cryptocurrency leaders that he would welcome AI plants and data centers in his town, citing 'enormous' jobs and tax revenue, even as voter anger…
A new report from Guidelight, a nonprofit AI-safety group founded by former OpenAI safety chief Steven Adler, found that no leading AI lab—Anthropic, Google, Meta, OpenAI, or xAI—has fully implemented…
Security researchers at Adversa AI tricked Grok 4.5 Fast, the version running on grok.com, into leaking a user's name, location, subscription tier, and full prompt history by hiding malicious instruct…
Anthropic confidentially submitted a draft S-1 to the SEC on June 1, 2026, toward a possible IPO with secondary-market investors pricing the company near $2 trillion, based on a $47 billion revenue ru…
Ornith released the Ornith-1.5 family of open-source coding models on August 20, 2026, claiming its 397B mixture-of-experts flagship scores 86.1 on Terminal-Bench 2.1 and rivals Claude Opus 4.8, thoug…
Microsoft's MAI-Image-2.5-Pro debuted at number one on Artificial Analysis's Image Editing Leaderboard, surpassing Google, OpenAI's GPT Image 2, and Microsoft's own MAI-Image-2.5. The model, launched …
Reddit users report that OpenAI has quietly halved Codex usage limits, with developers measuring the drop via a third-party tool called NerfTrack, a GitHub project by Ayaan Lashari that estimates API-…
Over four days in July, attackers used a network of AI agents to map 21 government systems, crack 85 user accounts, and pull more than 2,500 personnel records from Taiwan-linked government systems, ac…
Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-weight model, on July 16 via API and published its weights on July 27, making it the largest open-weight model to date. On the GDPval-AA v2 …
U.S. District Judge Gloria Navarro of the District of Nevada dismissed Phillips v. Parladé with prejudice on August 12, 2026, ruling that judicial immunity shields state judges from damages lawsuits e…
CoreWeave reported second-quarter 2026 revenue of $2.58 billion, up 112% year over year, and guided third-quarter revenue to $3.45 billion–$3.6 billion, with full-year revenue of $12.4 billion–$13.2 b…
Morgan Stanley warned in an Aug. 17 research report that community resistance to data centers has become a material development risk, stating 'Capital alone no longer clears a site' and arguing politi…
Venture capital portfolio reviews are becoming more urgent as AI advances rapidly, making 2024's promising deals look like mistakes by 2026, according to investors interviewed by Fortune. Kamran Ansar…