Sonic fire tech raises $15 million to extinguish fires with infrasound
Sonic Fire Tech raises $15 million to develop infrasound fire suppression systems, targeting NFPA certification and commercial kitchen markets.
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Anthropic overtakes openai in revenue: $11.6b vs $6.7b
Anthropic overtakes OpenAI in quarterly revenue for the first time, reaching $11.6 billion versus OpenAI's $6.7 billion in Q2 2026.
Openai: three executives exit ahead of ipo
Three key OpenAI executives are leaving the company ahead of its IPO. This move is fueling investor concerns about corporate stability as the firm aims for an $852 billion valuation.
Editable slides via prompts: openai acquires nextslide to boost chatgpt
OpenAI acquires presentation startup NextSlide to enable ChatGPT to turn prompts and documents into polished, editable slide decks. The deal was finalized earlier this year.
From f1 to robotics: the former red bull engineer behind microagi's $55m seed round
A former Red Bull Racing and Mercedes-AMG Petronas F1 engineer founded microagi in Munich, securing a record $55M seed round to close the industrial robotics reliability gap with its Atlas platform and Google Cloud partnership.
Stripe eyes AI infrastructure dominance with $10bn openrouter bid
Payments giant Stripe is in talks to acquire AI model marketplace OpenRouter for $10 billion, aiming to control the routing layer between businesses and LLMs.
Sateliot seeks €150m to bring direct 5G satellite connectivity to phones
Barcelona-based Sateliot is raising €150 million to deploy a LEO constellation capable of beaming 5G data, voice, and video directly to standard smartphones by 2028.
Turing award winner rich sutton launches oak lab for self-learning AI
Pioneer of reinforcement learning Richard Sutton founds Oak Lab to move beyond static datasets toward AI agents that learn continuously from experience.
Saudi aramco bets $800m on together AI and open source future
Saudi Aramco leads an $800 million Series C round for Together AI, valuing the company at $8.3 billion and challenging the dominance of closed-source AI labs.
Openai facing potential cash crunch by mid-2027
Leaked financials reveal massive losses for OpenAI. With burn rates outpacing revenue, the company may run out of funds by 2027 unless AGI or a massive IPO saves it.
Lyzr uses own AI agent to close $100m series b round
Enterprise AI startup Lyzr deployed its SivaClaw agent to manage investor relations and documentation for a $100M fundraise, proving its tech at scale.
Ollama secures $65m to scale local AI for 9 million users
The open-source LLM runtime raises $65M in Series B funding to expand its cloud infrastructure and enterprise adoption of open-weight models.
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