BusinessRobinhood launches second venture fund to give retail investors access to early-stage startupsRobinhood on Thursday listed its second venture capital fund, Robinhood Ventures Fund II (RVII), on the New York Stock Exchange to enable retail investors to buy into early- and growth-stage private startups.3 min read
BusinessDatabricks raises $5 billion at $190 billion valuation amid intense investor demandDatabricks announced a $5 billion private funding round that values the AI-focused data company at $190 billion.3 min read
BusinessIBM partners with OpenAI to expand enterprise AI deploymentsIBM announced a partnership with OpenAI to integrate OpenAI’s models and tools into IBM Consulting offerings and train tens of thousands of consultants on OpenAI technologies.3 min read
BusinessAdyen: AI shopping agents raise the importance of direct customer relationships and loyalty programsAdyen warns that the rise of AI-based shopping agents could weaken retailers' direct ties to customers by recommending merchants and initiating payments on shoppers' behalf.2 min read
BusinessFrom One Dog to a Startup: AI, mRNA and Unproven Claims at GamgeePaul Conyngham, an Australian tech entrepreneur, founded Gamgee after using ChatGPT and Grok to design a personalized mRNA cancer vaccine for his dog Rosie.2 min read
BusinessMicrosoft consolidates Copilot apps, discontinues several AI featuresMicrosoft will merge its consumer Copilot app with Microsoft 365 Copilot and retire a number of underperforming AI features.2 min read
BusinessNvidia Backs Used GPUs to Spur $500B AI Data-Center Financing, Accepting New RisksNvidia announced a plan this week in which Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR signaled willingness to commit up to $500 billion to build AI data centers, and Nvidia will guarantee part of the resale value of GPUs used as loan collateral.4 min read
BusinessApple in Talks to Pay Publishers for News Content to Power Siri AIApple has reportedly approached publishers to license current news content for its upgraded Siri AI, proposing a pay‑when‑used compensation model rather than fixed licensing fees.2 min read
BusinessAnthropic in talks to buy Decart for roughly $6 billion to boost capacity ahead of IPOAnthropic is reportedly negotiating to acquire Nvidia-backed startup Decart AI for about $6 billion, according to Bloomberg.2 min read
BusinessCloud and Networking Drive Revenue Gains at CoreWeave and Foxconn as AI Demand SurgesCoreWeave shares jumped 19% after the cloud provider was highlighted among firms supplying critical AI infrastructure amid record demand from hyperscalers.2 min read
BusinessStrong Q2 results underline continued capital flow into AI infrastructureQuarterly reports from CoreWeave, Super Micro Computer and Lumentum show double‑digit revenue growth and marked improvements in profitability, signalling robust demand for AI data‑centre capacity.3 min read
BusinessCognition discusses new funding round aiming for $40 billion valuationCognition, developer of the AI coding agent Devin, is reportedly in talks for another financing round that could value the company at $40 billion if it reaches a $1 billion annualized revenue run rate.2 min read
