BusinessWindBorne Raises $37M to Turn Balloon-Collected Weather Data into Commercial Forecasting ProductsWindBorne Systems has closed a $37 million Series B, led by Khosla Ventures and Galvanize, valuing the company at $250 million.4 min read
BusinessSpaceX bought $329M in Tesla Megapacks so far this year, company filings showSpaceX disclosed in its earnings report that it spent $295 million on Tesla Megapack batteries in the second quarter and $329 million year-to-date.2 min read
BusinessSpotify flags slower user growth and misses operating-profit consensus for Q3Spotify forecast a third-quarter operating profit below analyst consensus and signaled slowing user growth in Europe and North America, prompting a more-than-4% drop in its shares in pre-market trading.3 min read
BusinessPalantir Q2 beats estimates as demand for AI sovereignty boosts revenuePalantir Technologies reported second-quarter revenue of $1.94 billion, up 93% year-over-year and above analyst consensus, driven by rising demand for AI 'sovereignty' from customers.2 min read
BusinessAnthropic Reportedly Agrees to $10B, Six-Year Cloud Compute Deal with VoltaBloomberg reports that Anthropic has struck a $10 billion, six-year agreement with AI cloud startup Volta for cloud compute capacity.2 min read
BusinessBending Spoons to Buy Airtable for $1.28 Billion in CashBending Spoons announced it will acquire spreadsheet and database startup Airtable for $1.28 billion in cash, marking its first acquisition since going public.2 min read
BusinessDesignArena maker Intelligence raises $7.9M to scale human evaluation of AI outputsDesignArena — an app from the startup Intelligence that crowdsources human preferences for AI-generated media — has drawn 5.3 million users and secured a $7.9 million seed round led by Index Ventures.3 min read
BusinessSequoia-led $1B investment in Valar Atomics, Shaun Maguire joins boardValar Atomics announced a $1 billion equity financing led by Sequoia, with Sequoia partner Shaun Maguire joining its board, and a $200 million credit line from Erebor and other banks.2 min read
Businessgroundcover raises $100M backing BYOC observability model for AI-era telemetryObservability startup groundcover raised $100 million in a round led by One Peak, taking total funding to $160 million as it pushes a bring‑your‑own‑cloud (BYOC) architecture and eBPF-first collection for AI‑driven telemetry.4 min read
BusinessChinese tech giants shift focus to enterprise AI for revenue growthChina’s major technology companies are pivoting from a consumer-focused AI race toward selling AI products to businesses as a path to sustainable revenue.2 min read
BusinessMicrosoft posts stronger-than-expected quarterly results as Azure revenue tops $100B, shares jump sharplyMicrosoft reported quarterly results that surpassed analysts' expectations, driven by rapid growth in its Azure cloud business which pushed annual cloud revenue past $100 billion.2 min read
BusinessApple may offer paid iCloud+ tiers to expand Siri AI usageIn his final earnings call as CEO, Tim Cook said Apple is considering paid upgrades for its upcoming Siri AI through iCloud+ subscriptions, allowing users to purchase additional compute for heavier use.3 min read
