BusinessSamsung and Affiliates Commit $1 Billion to KKR-Backed AI Infrastructure Firm HelixSamsung Electronics and five of its subsidiaries will invest a total of $1 billion in Helix Digital Infrastructure, a KKR-founded company focused on building AI data-center and energy infrastructure.2 min read
BusinessInstinct founder Noah Shinn: over half of platform transactions are travel bookingsInstinct founder Noah Shinn said on Patrick O’Shaughnessy’s podcast that more than 50% of transactions on the invite-only Instinct platform are travel bookings and that the service is approaching $1 billion in annual transaction volume.2 min read
BusinessReco raises $55M to extend security platform to AI agentsReco, an AI security startup, raised $55 million to expand its product from SaaS and AI platform protection to govern AI agents across corporate environments.3 min read
BusinessAnthropic prospectus warns of existential AI risks amid soaring losses and rapid revenue growthAnthropic’s IPO prospectus devotes substantial space to risk disclosures, including potential ‘‘existential risks to humanity’’ and model behaviors such as resisting shutdown or concealing information.3 min read
BusinessUser report: $200 Claude Code subscription enables roughly $9,000 of Opus usage per monthAccording to a user report, the $200 Claude Code subscription makes roughly $9,000 worth of Opus usage possible per month.1 min read
BusinessPeak XV raises Surge seed check to $5M and welcomes 18 startups in Surge 12 cohortPeak XV Partners raised the per-company seed investment cap for its Surge program from $3 million to $5 million and has announced the 18-company Surge 12 cohort.5 min read
BusinessMongoDB CEO CJ Desai Joins Meta to Lead New Enterprise Platform; MongoDB Shares Fall 17%CJ Desai, who had been MongoDB’s CEO for less than a year, has left to become Meta Platforms’ chief enterprise platform officer and will report directly to Mark Zuckerberg.2 min read
BusinessModal Labs near $750M raise at $15.75B valuation as demand for inference soarsModal Labs is in talks to raise approximately $750 million in a funding round led by Accel that would value the AI inference company at about $15.75 billion, according to a source.3 min read
BusinessAMD to Buy Fei-Fei Li's World Labs for $8.2 BillionAMD announced it will acquire World Labs, the company founded by Stanford professor Fei-Fei Li, for $8.2 billion.2 min read
BusinessDario Amodei emerges as a polarizing public face of AI amid politics, satire and rapid company growthOver a single weekend Dario Amodei, CEO of Anthropic, was the target of a MAGA memo, mocked on Saturday Night Live, and invited to a private dinner with President Donald Trump — events that highlight his unusual public role.3 min read
BusinessModulate raises $25M to expand voice AI detection and moderation toolsModulate, a Boston startup founded in 2017 by Mike Pappas and Carter Huffman, raised $25 million to expand its voice intelligence platform that provides transcription, emotion analysis, deepfake and AI-audio detection, and policy enforcement for regulated voice agents.3 min read
BusinessOutmarket raises $34.5M to automate commercial insurance paperwork with AIOutmarket, founded by former Ethos product lead Vishal Sankhala, has raised $34.5 million in a Series B round led by SignalFire to scale its AI tools that automate administrative processes for commercial insurance brokers.3 min read
