NewsroomBusiness & Deals
Business & Deals
Funding rounds, valuations, acquisitions, and partnerships across the AI industry.
Funding rounds, valuations, acquisitions, and partnerships across the AI industry.
Noam Shazeer, vice president of engineering at Google and co-lead of the company's Gemini AI models, announced on June 17, 2026 that he is leaving to join OpenAI. The move represents one of the most…
Financial documents showing OpenAI's full-year 2025 results were leaked and widely reported beginning June 16, 2026, revealing $13.07 billion in revenue alongside an operating loss of $20.92 billion…
AI music platform Suno has closed a $400 million Series D round at a $5.4 billion post-money valuation — the largest funding milestone yet for an AI-native music generation company. What's new Bond…
SpaceX confirmed on June 16, 2026, that it has agreed to acquire Anysphere — the company behind the AI coding tool Cursor — for $60 billion in an all-stock transaction. The deal represents the…
Tata Consultancy Services (TCS) and Anthropic announced a partnership on June 12, 2026, making TCS one of the largest services firms to join the Claude Partner Network. TCS will deploy Claude…
OpenAI on June 14, 2026, launched the OpenAI Partner Network, committing $150 million to build a tiered ecosystem of system integrators, consulting firms, and managed service providers certified to…
Bengaluru-based AI startup Sarvam closed $234 million in Series B funding on June 15, 2026, reaching a $1.5 billion valuation and becoming India's newest AI unicorn. HCLTech, the IT arm of HCL Group,…
Salesforce signed a definitive agreement on June 15, 2026 to acquire Fin, the AI customer service platform formerly known as Intercom, for approximately $3.6 billion. The deal absorbs one of the most…
NVIDIA and SK hynix have announced a multiyear technology partnership to co-develop next-generation memory for AI infrastructure, personal AI computing, and robotics platforms. The agreement,…
Mistral AI on May 23, 2026, announced it had entered into a definitive agreement to acquire Emmi AI, an Austrian startup specializing in AI models for physics simulation. The deal brings more than 30…
Anthropic on May 4, 2026, announced the formation of a new enterprise AI services company built to deploy Claude for mid-sized businesses that lack the in-house engineering resources to implement…
OpenAI announced on June 11, 2026 that it plans to acquire Ona, a cloud infrastructure company formerly known as Gitpod, to expand its Codex AI coding agent with secure, customer-controlled execution…
BBVA, one of Europe's largest banks, has completed a company-wide rollout of ChatGPT Enterprise to more than 100,000 employees globally, OpenAI disclosed in a detailed case study published June 11,…
Anthropic and Tata Consultancy Services (TCS) announced a Global Premier Partnership on June 11, 2026, making TCS one of the largest enterprise distribution channels for Claude in Anthropic's partner…
Anthropic and DXC Technology announced a multi-year global alliance on June 11, 2026, under which DXC will integrate Claude into mission-critical systems for regulated industries. The partnership…
ElevenLabs announced on May 5, 2026 that it has surpassed $500 million in annual recurring revenue — reached in the first four months of the year — and closed a Series D funding round with a group of…
ElevenLabs announced on June 8, 2026 that it has signed a memorandum of understanding with the UK's Department for Science, Innovation and Technology (DSIT), covering three areas: public services, AI…
OpenAI submitted a confidential draft S-1 registration statement to the U.S. Securities and Exchange Commission on June 8, 2026, beginning the formal regulatory process for a potential initial public…
Google announced at Apple's WWDC 2026 that Gemini cloud models are now directly accessible to Apple developers through Apple's Foundation Models framework and built into Xcode. Developers building…