Coatue Management is leading a $3 billion investment in Databricks, valuing the data and AI company at $188 billion, up from $134 billion five months earlier. The round comes as Databricks' annualized…
Warren Buffett said in a July 15 CNBC interview that he personally built Berkshire Hathaway's roughly $31 billion stake in Alphabet, calling his earlier failure to invest a mistake and noting Alphabet…
Kioxia Holdings Corp.'s market value has nearly halved from its June peak, with shares falling roughly 38.7% after reports that Meta Platforms Inc. plans to sell excess AI computing capacity and that …
Chinese startup Moonshot AI released Kimi K3, a 2.7-trillion-parameter open-weight large language model, on July 16, claiming it performs competitively with Anthropic's Fable 5 and substantially outpe…
A regulatory filing by Chinese textile company Anhui Korrun disclosed that a fund tied to one of its subsidiaries invested 2.90 billion yuan for an indirect 0.8265% stake in DeepSeek, valuing the AI l…
Netflix co-CEO Ted Sarandos said the company used AI to produce 17 minutes of the documentary 'The American Experiment' twice as fast and at half the cost, as the streaming giant faces rising content …
Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-weight model that scored 93.5% on GPQA Diamond and 91.2% on BrowseComp, positioning it near frontier models from OpenAI and Anthropic. The m…
Meta released Muse Spark 1.1 on OpenRouter on July 9, but restricted access to US developers only, according to Meta's developer announcement. The open-weight, multimodal coding model is priced at $1.…
Former DeepMind researcher Andrew Dai raised $55 million in seed funding for his startup Elorian AI at a $300 million valuation before building any product, with backing from Menlo Ventures, Altimeter…
Anthropic released Claude Code Artifacts on June 18, 2026, a feature that turns active coding sessions into private, live-updating browser pages for team collaboration, available in beta to Claude Tea…
Airbnb CEO Brian Chesky's X account was hijacked on Monday in a cyberattack that posted an AI-generated thread promoting real-world asset tokenization, a source with knowledge of the situation told Fo…
Roblox unveiled Build, a new mobile-first creation tab inside its app that turns a typed sentence into a playable game, on July 16. The feature, which uses a mix of open-source and proprietary AI mode…
Warren Buffett revealed he was behind Berkshire Hathaway's $31 billion investment in Alphabet, saying the AI race has forced Google and its hyperscaler rivals into a capital-intensive spending game th…
Fora, an AI-powered travel agency, announced a $60 million Series D round at a $1 billion valuation, led by Forerunner and Tactile Ventures with participation from Thrive Capital, Insight Partners, He…
Microsoft CEO Satya Nadella warned in a blog post that enterprises using AI models from labs like OpenAI and Anthropic are "paying twice"—once for tokens and again by handing over proprietary knowledg…
Moonshot AI is preparing to release Kimi K3, an open-weight model with 2 trillion to 3 trillion parameters, directly challenging Anthropic's Claude Opus 4.8 pricing. The Beijing startup, valued at $20…
Goldman Sachs led a $100 million Series D round for Spectro Cloud, a Santa Clara startup whose PaletteAI software manages GPU clusters across different chip vendors and clouds, bringing total funding …
InstaLILY closed a $60 million Series B led by Energize Capital to deploy AI agents that handle sales and operations for construction, industrial distribution, logistics and healthcare firms. The comp…
An estimated 84% of high school students surveyed said they had used generative AI for schoolwork in 2025, according to College Board, but only 3 in 10 schools have rules for it. A study by University…
Serial cybersecurity founder Shai Morag raised $60 million for Oak, an identity security startup that tracks human, machine and AI agent identities under a single control plane. The seed round was co-…