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Business & Deals
Funding rounds, valuations, acquisitions, and partnerships across the AI industry.
Funding rounds, valuations, acquisitions, and partnerships across the AI industry.
Anthropic and Cognizant announced an expanded partnership on July 27 that moves Claude from a tool Cognizant deploys for clients into infrastructure embedded across Cognizant's own internal…
ARPA-H, the federal government's health-focused high-risk-R&D agency, is funding a robotic mobility platform for wheelchair users at the University of Pittsburgh — and the perception system…
Amazon Web Services announced on July 24, 2026 that OpenAI's GPT-5.6 model family — Sol, Terra, and Luna — is now generally available on Amazon Bedrock, giving AWS customers direct access to OpenAI's…
NVIDIA and more than three dozen technology and cybersecurity companies announced the Open Secure AI Alliance on July 27, 2026, a new industry coalition dedicated to building and sharing open-source…
OpenAI has detailed a new package of commitments to the U.S. Department of Energy's Genesis Mission, offering national-laboratory and university researchers several million dollars in free Codex and…
NAVER, NVIDIA and Brookfield announced a plan to more than triple the capacity of Korea's flagship sovereign AI data center, with NVIDIA committing $1 billion and Brookfield offering up to $9 billion…
Google DeepMind and Google Cloud committed $40 million in AI tokens and cloud credits to the U.S. Department of Energy's Genesis Mission, deepening a partnership that already gives DOE's national…
Midjourney has made its first acquisition, buying the astrology app Co-Star and installing its CEO, Banu Guler, as Midjourney's new Chief Design Officer. What's new Midjourney announced the deal on…
NVIDIA and SK Group unveiled a partnership worth more than $500 billion to build out AI infrastructure across South Korea, one of several major deals NVIDIA struck at the country's AI Summit this…
NVIDIA and South Korea's KAIST announced a joint AI research laboratory on July 23, 2026, backed by a $300 million, five-year collaboration — the first joint AI lab between a Korean university and a…
Databricks announced on July 16, 2026 that it is raising a strategic round of funding at a $188 billion valuation, led by existing investor Coatue. The round marks a roughly 40% jump from the $134…
Fireworks AI announced a $1.505 billion Series D funding round on July 16 at a $17.5 billion valuation, one of the largest AI infrastructure raises of the year, as the inference platform reports it…
Anthropic is in early, preliminary talks to lease artificial intelligence computing power from Meta in a deal that could be worth about $10 billion over two years, CNBC reported July 17, 2026, citing…
xAI's Grok 4.3 is now generally available on Amazon Bedrock, giving AWS customers direct, managed access to the model for building agents and AI workflows without leaving the Bedrock platform. What's…
OpenAI and Guardian Media Group announced a strategic content partnership on July 16, 2026, bringing the Guardian's journalism directly into ChatGPT for hundreds of millions of weekly users. What's…
DeepSeek, the Chinese AI lab whose efficient models rattled U.S. markets in early 2025, is reportedly in talks to raise about $1.5 billion in new funding at roughly a $71 billion valuation, according…
NVIDIA on July 15, 2026 detailed a sweep of new AI and robotics partnerships across Japan, spanning pharmaceutical manufacturing, banking, quantum computing, industrial vision, and gaming, alongside…
Cerebras announced a partnership with Upstage, one of South Korea's leading enterprise AI companies, to run Upstage's Solar language models on Cerebras' wafer-scale inference infrastructure —…
Anthropic announced on July 14, 2026 that it is committing $10 million CAD to eight Canadian research institutions to fund AI research, without retaining control over the direction or findings of…
Google has launched the Africa Applied AI Lab, a program based in Accra, Ghana that gives African startup founders early access to Google's AI models and direct technical support from Google…
SambaNova Systems announced on July 8, 2026, at the RAISE conference in Paris, that it has completed the first close of $1 billion in strategic financing as part of a Series F round, pushing its…
OpenAI published a case study on July 10, 2026 detailing how Deutsche Telekom has scaled ChatGPT Enterprise and OpenAI models across its workforce and customer operations since the companies' initial…
Anthropic announced a partnership on July 9, 2026 with UST, a global technology and engineering services company, to embed Claude across UST's industry-specific platforms and to train 20,000 of UST's…
Anthropic is on pace to post more than $1 billion in GAAP operating profit in the third quarter of 2026, according to a new financial analysis from SemiAnalysis published as the company prepares for…
Mitsubishi UFJ Financial Group is pushing ChatGPT Enterprise across Mitsubishi UFJ Bank in a phased rollout that OpenAI says now reaches approximately 35,000 employees, part of a broader effort the…
NVIDIA and Hugging Face are expanding their open robotics partnership, integrating NVIDIA's Isaac GR00T 1.7 foundation model and the new Isaac Teleop data-collection framework directly into Hugging…
The Government of Alberta's Ministry of Technology and Innovation used Claude Code, running Opus and Sonnet models, to scan its entire software estate for cybersecurity vulnerabilities, completing in…
Amazon Web Services has added MiniMax's open-weight model family to Amazon Bedrock, giving AWS customers direct, managed access to MiniMax M2, M2.1, and the newly released M2.5 alongside the rest of…
Runway has struck an enterprise partnership with MIXI, the Japanese gaming and entertainment company behind the long-running mobile hit Monster Strike, folding Runway's video-generation tools into…
Together AI has raised $800 million in a Series C funding round led by a consortium of strategic and financial investors, the company announced on July 1, 2026. The round brings Together AI fresh…
Cerebras Systems went public on May 14, 2026, raising $5.5 billion in what became the largest tech IPO of the year to date. The AI inference chip maker priced its shares at $185, above the…
Mistral AI held its AI Now Summit in June 2026, announcing its acquisition of Emmi — a physics AI company — alongside enterprise partnerships with Airbus and BMW Group and the launch of a new…
California Governor Gavin Newsom on June 29, 2026, announced a statewide partnership with Anthropic that makes Claude the first AI productivity tool available to every California state agency through…
xAI's Grok 4.3 became available on Amazon Bedrock on June 15, 2026, marking the first time an xAI model has been offered through Amazon's managed AI service. The launch adds xAI to Bedrock's roster…
Qualcomm is in early-stage discussions to acquire Tenstorrent, the Canadian AI chip startup founded by CPU industry veteran Jim Keller, in a deal valued at between $8 billion and $10 billion,…
Stripe announced on June 24, 2026 that it will commit $500 million to launch Intercept, a new nonprofit dedicated to ending respiratory infections — starting with the common cold and flu, and…
Prometheus, the AI startup co-founded by Jeff Bezos and former Verily co-founder Vik Bajaj, raised $12 billion at a $41 billion valuation on June 11, 2026, in one of the largest AI startup fundraises…
OpenAI closed a $122 billion funding round on March 31, 2026, at a post-money valuation of $852 billion — the largest private capital raise in history. The round was co-led by SoftBank and Andreessen…
OpenAI announced on June 21, 2026 that Samsung Electronics will deploy ChatGPT Enterprise and Codex across its entire South Korea workforce of approximately 125,000 employees, plus all employees…
Google DeepMind and A24, the independent studio behind films including "Everything Everywhere All at Once," "Hereditary," and "Midsommar," have announced a first-of-its-kind research partnership in…
Groq, the AI inference hardware and cloud company known for its Language Processing Unit (LPU) technology, announced on June 22, 2026 that it has raised $650 million in new funding led by Disruptive…
John Jumper — the computational chemist who co-created AlphaFold and shared the 2024 Nobel Prize in Chemistry — announced on June 19, 2026 that he is leaving Google DeepMind after nearly nine years…
The Government of Poland has become an investor in ElevenLabs, the voice AI company, through Vinci, an investment vehicle that is part of the state-owned BGK Group. The move makes Poland the first…
Anthropic has joined Frontier, a carbon removal collective, becoming the first AI company to participate in the initiative. The company contributed to a new $915 million funding tranche that brings…
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…