AI Business · Page 7
funding, startups, jobs, and how people and companies are actually making money with AI

Databricks wanted to raise $1 billion. Investors offered $15 billion. It took $5 billion.
The AI data company closed a $5 billion funding round at a $190 billion valuation after a leaked news report triggered a flood of investor calls it never asked for.

IBM and OpenAI Team Up to Sell AI to the World's Biggest Companies
IBM will retrain tens of thousands of consultants on OpenAI's tools and bake models like GPT-5.6 into its corporate software platform. Here is what that means for businesses, and workers, on the receiving end.

Two Top OpenAI Executives Out in One Week as IPO Clock Ticks
Chief Revenue Officer Denise Dresser is leaving OpenAI within weeks, days after former COO Brad Lightcap also announced his exit. A Wiz president steps in to run revenue as the company prepares to go public.

Google Sheets Gets an AI Facelift: Your Spreadsheet Can Now Build Its Own Dashboard
A new Gemini-powered feature called Sheets canvas turns rows of data into interactive mini-apps you describe in a sentence.

OpenAI Replaces Its Top Sales Executive as Leadership Shake-Up Continues
Dali Rajic, formerly president at cybersecurity firm Wiz, steps in as chief revenue officer. He is the latest in a string of senior departures and arrivals at the company.

Nvidia's $500 Billion Data Center Plan Is Really About Keeping Old Chips Valuable
Six of Wall Street's biggest names have pledged up to $500 billion to build AI data centers. The headline number is striking. The real story is how Nvidia is betting its own money that its chips hold their worth over time.

Apple is in talks to pay news publishers every time Siri uses their content
Rather than a flat licensing fee, Apple is considering a pay-per-use model for publishers whose articles and news would feed an upgraded Siri. The budget could run into the hundreds of millions of dollars.

Anthropic investors expect a $2 trillion valuation when the AI company goes public
Half a dozen backers told the Financial Times they believe the Claude-maker could debut on public markets at a figure that would surpass SpaceX and break the record for the largest IPO in history.

Nvidia Is Assembling a $500 Billion War Chest to Finance the AI Build-Out
The chipmaker has recruited six of Wall Street's biggest money managers to help its customers pay for data centres, power contracts and the specialised chips AI runs on.

A $70 Million Home Sale Near San Francisco Shows Who the New Tech Millionaires Are
A Lake Como-style estate in Hillsborough just broke the northern California sales record for 2025. The buyer works in AI. It will not be the last deal like this.

A $250 million startup exit looked like a triumph. Now there are forged documents, missing millions, and a founder in Dubai.
VideoVerse was supposed to be one of India's great startup success stories. Less than a year after the deal closed, investors are still waiting to be paid and courts are full of fraud claims.

Cognition is already chasing a $40 billion valuation, three months after raising $1 billion
The startup behind Devin, an AI coding agent used by Mercedes-Benz, NASA and Goldman Sachs, is reportedly in early talks with investors again after nearly doubling its revenue run rate.

OpenAI-backed Thrive Holdings raises $2 billion to wire AI into everyday businesses
Thrive Holdings buys traditional firms, sends in AI experts, and now wants to tackle the mountain of paperwork that slows down building roads, data centres, and power plants.

A new project wants to build open, shared AI training data that anyone can inspect
OpenWALDO is a crowd-sourced dataset that any company could use as a clean, auditable foundation for training AI models. Right now it is tiny. The idea behind it is not.

Half of companies don't trust their own AI agents. Bad data is why.
A survey of 300 executives finds that most organisations are feeding AI agents less than half their company data, and it's costing them speed, accuracy, and confidence.