BusinessSequoia‑incubated Empirik raises $21M to predict and prevent infrastructure outagesEmpirik, incubated by Sequoia Capital, has spun out as an independent company after a $21 million seed round led by Sequoia, Canapi and Alumni Ventures.3 min read
BusinessAdobe offers year of free AI tools to 27 million people in Saudi Arabia under $4bn+ programAdobe has partnered with the Saudi Ministry of Communications and Information Technology and Humain to provide more than 27 million Saudi citizens and residents with one year of free access to AI-powered tools, in an initiative valued at over $4 billion.2 min read
BusinessBlue Voice raises $6M to provide officers with real-time, department-specific AI policy guidanceBlue Voice, a Boston startup founded by David Lawrence, Amit Patankar and Michael Gropman, emerged from stealth with $6 million in funding to deliver real-time, department-specific legal and policy guidance to police officers.3 min read
BusinessOpenAI cuts Cursor's direct access to GPT models after ownership changeOpenAI has revoked Cursor's ability to access GPT models directly; Cursor's users and developers must now supply their own OpenAI API keys and pay OpenAI separately.2 min read
BusinessMajor AI Firms Invest in Health Care to Improve Public ImageLeading artificial intelligence companies are pivoting into health care and drug discovery to burnish reputations and diversify revenue as they prepare for costly model training and potential public listings.3 min read
BusinessClipto raises $15M at $250M valuation for AI-powered cross-file searchClipto, a San Francisco–based startup with teams in Singapore and Hong Kong, raised $15 million in an all-equity round at a $250 million post-money valuation.3 min read
BusinessNvidia invests $3.5 billion in MediaTek to extend its AI infrastructure reachNvidia is making a $3.5 billion investment in MediaTek and licensing its NVLink Fusion technology so MediaTek can build custom AI chips that plug into Nvidia-based data centers.3 min read
BusinessCircleback introduces free tier as meeting-notetaker competition heats upY Combinator-backed Circleback has launched a free subscription tier that offers unlimited meeting transcriptions with 30 days of history, alongside mobile and Apple Watch apps and integrations with Linear and Slack.3 min read
BusinessChatGPT Ads hits $1B annualized revenue run rate and expands self-serve availability across regionsLess than 200 days after launch, ChatGPT Ads has reached a $1 billion annualized revenue run rate and is rolling out self-service ad buying via Ads Manager across India, Europe, the Middle East and North Africa.3 min read
BusinessVijay Pande leaves a16z for a small, AI‑focused fund concentrating on drug discoveryVijay Pande, former Stanford professor and longtime head of a16z’s bio investments, left Andreessen Horowitz in June last year to found VZVC with Zach Werner.5 min read
BusinessAnthropic secures $45 billion lease for first building at Nscale's Monarch data centerAnthropic has agreed to pay $45 billion to lease the first of three buildings (460 megawatts) at Nscale’s Monarch campus in West Virginia, a data center complex expected to begin operations next year.3 min read
BusinessMichael Burry alleges circular financing in Nvidia 10‑Q, keeps short stanceMichael Burry said he found evidence in Nvidia’s latest 10‑Q that the company is participating in circular financing related to a $105 billion guarantee tied to an OpenAI‑leased Ohio data center, and continues to hold a significant short position against the broader AI ecosystem.3 min read
