Key Takeaways: The Trump administration is focusing on making US AI models more competitive after officials considered taking a more interventionist approach to "open source" AI. The direction reflects a difficult p...
Key Takeaways: Palantir CEO Alex Karp renewed his warning about AI frontier labs on Monday, using the company’s financial momentum to reinforce his argument about where artificial intelligence creates business value. His comments followed a quarter that delivered $1 billion in profit for Palantir, giving the criti
Key Takeaways: Consider a bank whose contact-center agents switch among a customer relationship management system, a loan platform, and a fraud console during a single call. The customer may have authenticated in th...
Key Takeaways: Zenity has raised $125 million in a Series C round as enterprises confront a new security problem: AI systems that do more than generate text. Increasingly, autonomous agents can access data, invoke tools, update records and execute multistep business processes. Norwest Venture Partners led the roun
Key Takeaways: Situational Awareness is liquidating most of its public equity positions following a severe reversal in artificial intelligence stocks, turning one of the market’s highest-profile AI wagers into a broader test of thematic investing. The hedge fund, founded by 25-year-old Leopold Aschenbrenner, lost
Key Takeaways: China has completed and tested the world’s largest superconducting fusion magnet system, including a 582-ton toroidal-field coil and a central solenoid coil, at its domestic artificial sun research fa...
Key Takeaways: Amazon Raises AWS Ambition to $1 Trillion as AI Demand Accelerates Key Takeaways: • AWS generated $42.2 billion in Q2 2026 revenue, rising 37.6% year over year and reaching a $169 billion annualized run rate. • Amazon CEO Andy Jassy said AWS could eventually become a $1 trillion annual revenue busin
Key Takeaways: Ellis AI Raises $10 Million to Automate Private Credit Operations Key Takeaways: • Ellis AI emerged from stealth with a $10 million seed round led by First Round Capital. • Its platform connects fragmented financial systems and uses AI agents to support reconciliation, reporting, compliance, and ano
Key Takeaways: Smallest.ai Raises $13 Million to Advance Human-Like Voice Agents Key Takeaways: • Smallest.ai closed a $13 million Series A focused on real-time voice AI for customer service and enterprise communications. • Sub-second response times and full-duplex conversations could help distinguish Smallest.ai
Key Takeaways: Expedia Group Acquires Layla to Expand AI Trip Planning Key Takeaways: • Expedia Group is adding Layla’s conversational planning technology to its travel marketplace and booking infrastructure. • Layla will continue operating in Berlin as Expedia Group develops AI agents spanning inspiration, planni