Rillet has raised $100 million in Series C funding at a $1 billion valuation, making the two-year-old AI accounting startup a unicorn. ICONIQ led the round, which included returning investors Sequoia ...

Broadcom reported record first quarter fiscal 2026 results, posting revenue of $19.3 billion that exceeded analyst forecasts and drove a 29% year-over-year increase, as demand for AI semiconductors ...

Klarna cut approximately 700 jobs and replaced them with AI-powered solutions between 2022 and 2024. CEO Sebastian Siemiatkowski publicly admitted that the AI-driven transition negatively affected ...

French AI company Mistral AI forecasts revenue topping €1 billion by the end of 2026, CEO Arthur Mensch said at the World Economic Forum in Davos. The projection follows a September 2025 funding round ...

OpenAI has revised its financial projections upward for revenue while sharply increasing expected cash burn to $665 billion through 2030, an additional $111-112 billion from prior forecasts, driven by ...

Fluidstack, a startup building specialized data centers for AI companies, is negotiating a $1 billion funding round at an $18 billion valuation, according to reports citing sources familiar with the ...

NVIDIA and Palantir announced a partnership to create an integrated operational AI stack for enterprise and government use. The solution combines NVIDIA's GPU-accelerated computing, CUDA-X libraries, ...

Alphabet on July 22 raised its full-year 2026 capital expenditure guidance to between $195 billion and $205 billion, up from the $180-190 billion range disclosed last quarter, as demand for AI compute ...

SpaceX is acquiring Anysphere, the San Francisco-based startup behind AI coding assistant Cursor, in an all-stock transaction valued at $60 billion, the companies disclosed in a securities filing on ...

Qualcomm Technologies Inc. announced the Snapdragon Wear Elite platform on Monday at MWC 2026 in Barcelona, targeting premium AI-powered wearables such as smartwatches, screenless glasses and pendants ...

Block Inc. announced Thursday that it will lay off more than 4,000 employees, reducing its workforce by nearly half as the fintech company restructures around artificial intelligence and a leaner ...

Anthropic and Blackstone on July 15 formally launched Ode with Anthropic, a $1.5 billion enterprise AI services company that embeds applied engineers inside large organizations to build and deploy ...