BusinessEmergent raises $130M at $1.5B valuation to scale AI tools for small businessesIndian AI startup Emergent closed a $130 million Series C at a $1.5 billion post-money valuation, taking total funding to $230 million.3 min read
BusinessOpenAI: $100 Codex credit for feedback on GPT-5.6 Sol, first 10,000 applicants to receive itAccording to a post, OpenAI is offering $100 in Codex credit to those who write what they like about GPT-5.6 Sol or why they switched to it.1 min read
BusinessDeepSeek may pursue IPO amid investor appetite for low-cost Chinese AIDeepSeek is reportedly considering an initial public offering as soon as this year and weighing a new fundraising round shortly after a financing that valued the company at $52 billion.2 min read
BusinessZhipu AI Rises as Hong Kong Tech Stocks Slide, Citing Focus on Human-Level AIChinese AI lab Zhipu AI has outperformed a broader technology selloff in Hong Kong and mainland China by emphasizing the development of AI that aims to rival human intelligence rather than short-term monetization.2 min read
BusinessAI-powered fintech Flex raises $70M to serve mid-market firms and launch stablecoin transfersFlex, an AI-driven fintech startup, closed a $70 million funding round led by Halo Fund and is said to be valued at about $1.2 billion.2 min read
BusinessOpenAI Researcher Miles Wang Preparing AI-Driven Drug Discovery Startup amid Funding TalksMiles Wang, an OpenAI researcher known for work on AI-accelerated scientific discovery, is leaving OpenAI to found a startup focused on AI models for drug discovery.2 min read
BusinessOpenAI rejects Apple’s trade-secret allegations, says complaint lacks meritOpenAI disputed Apple’s trade-secret lawsuit on Tuesday, calling the allegations unsupported and reiterating its focus on building technology.2 min read
BusinessUnnamed organization donates 10 million Canadian dollars to Canadian AI researchAn unnamed organization has committed 10 million Canadian dollars (CAD) and is collaborating with leading Canadian artificial intelligence institutions to fund new AI research.1 min read
BusinessIBM's weak Q2 revenue outlook and missed deals send premarket shares down 20%IBM reported a second-quarter revenue outlook below analyst expectations as customers shifted spending toward AI infrastructure such as servers, storage and memory.2 min read
BusinessZoetis to Buy VitalRADS to Build AI for Veterinary RadiologyZoetis has agreed to acquire Texas-based VitalRADS, whose network reviews animal radiology images around the clock, to accelerate development of AI-driven diagnostic tools.2 min read
BusinessJustin McLeod raises $18M for Overtone, an AI-driven voice-first introductions serviceJustin McLeod, founder of Hinge, has raised $18 million for Overtone, a new dating company that emphasizes voice and AI-curated introductions rather than conventional profile-and-swipe mechanics.2 min read
BusinessSaudi AI firm HUMAIN to provide 50 MW of compute to Cohere, partner on Arabic modelsHUMAIN, Saudi Arabia’s state-backed AI infrastructure champion, will supply at least 50 megawatts of computing capacity to Canadian large language model developer Cohere beginning in late 2027.2 min read
