AI Startups news and analysis on Web Pulse: 6059 curated articles tracking the latest AI Startups developments, tools, and research, updated continuously from vetted sources.
EXL's subsidiary Clairvoyant AI agreed to acquire iMerit for up to $310 million, including $170 million upfront and $140 million in earnouts. The deal, expected to close in Q3 2026, adds iMerit's Ango platform and Schola…
Mistral released OCR 4 on June 23, a document-processing model that returns structured data with bounding boxes, block types, and confidence scores, targeting enterprise back-office tasks like invoice processing and comp…
At Config 2026, Figma expanded its canvas into a full workspace with code, animation, shaders, and AI agents, but the AI capabilities are rented from API providers, squeezing margins. One of those providers is now buildi…
Meta appointed Kunal Shah, founder of Indian fintech CRED, as global head of WhatsApp, replacing Will Cathcart, and led a $900 million financing round valuing CRED at $4.5 billion. The move signals Meta's strategic pivot…
LinkedIn co-founder Reid Hoffman called Elon Musk's xAI a 'complete train wreck' and dismissed SpaceX's AI strategy as a 'premium-priced CoreWeave' in a recent interview, arguing that buying an AI company like Cursor doe…
XLight, a US-backed startup chaired by former Intel CEO Pat Gelsinger, is raising $350 million to develop an alternative EUV light source that could challenge ASML's monopoly on chipmaking equipment. The company aims to …
Broadcom reported $8.4 billion in AI revenue for Q1 FY2026, up 106% year over year, and projects over $100 billion in annual AI semiconductor revenue by FY2027. The growth is driven by custom AI accelerators for hypersca…
Micron Technology reports fiscal Q3 2026 earnings on June 24, with analysts projecting revenue between $33.5B and $36B and non-GAAP EPS of $19-$21. The results could set the tone for semiconductor and crypto markets as A…
Cursor has acquired Continue, the open-source AI coding assistant, in an acqui-hire that disables recurring billing and gives users until July 15 to export data before deletion. The deal, reported by The New Stack, affec…
Uber burned through its entire 2026 AI budget in four months, driven by widespread use of AI coding tools like Claude Code across the organization, not by a single moonshot project. Leaked audio from Accenture reveals ex…
Fin (formerly Intercom) has created a Forward-Deployed Data Scientist (FDDS) role to measure AI ROI for enterprise customers, complementing Forward-Deployed Engineers. The FDDS defines success metrics, proves value, and …
Tech journalists and 'Hard Fork' podcast hosts Kevin Roose and Casey Newton have signed with UTA for representation in all areas, signaling their independent ambitions as they form their own company. The duo plans to lau…
OpenAI unveiled 'Jalapeño,' its first custom AI accelerator chip built with Broadcom, optimized for inference workloads. The chip, fabricated by TSMC, aims to reduce reliance on Nvidia's GPUs and lower inference costs as…
Investing.com analysis warns that US Dollar strength could pressure AI-focused stock valuations, examining correlations between USD Index Futures, the KOSPI, and AI equities.
Micron Technology reports fiscal Q3 2026 earnings today, with analysts projecting revenue of $34.5-$35.5 billion, driven by surging demand for AI memory chips like HBM. Tokenized MU shares on Solana enable 24/7 trading, …
A developer used an AI agent to complete their Y Combinator application without manual input, showcasing the tool's capabilities. The agent autonomously filled out the application, demonstrating a novel approach to start…
OpenAI reports a 50% drop in ad dismissals within ChatGPT since launching its advertising business in February, indicating improved ad relevance and user engagement. Chief Revenue Officer Denise Dresser shared the update…
Amazon Web Services CEO Matt Garman argued that AI will not eliminate most white-collar jobs, comparing the shift to the introduction of Excel. Amazon plans to hire 11,000 interns and graduates this year and now employs …
Credo Technology Group shares fell on June 23 as investors worried that Co-Packaged Optics could replace its copper-based Active Electrical Cables in AI data centers. The company tripled fiscal 2026 revenue to $1.34 bill…
Michii launches an AI agent platform that builds, markets, and runs businesses autonomously, allowing founders to earn revenue while sleeping. The service requires only ten minutes of daily human input and handles custom…