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AI News — page 5
Funding, launches, analysis, and interviews.
Ex-Nvidia Robotics Researcher Joel Jang Launches World Models Startup Dream Labs
Dream Labs, founded by former Nvidia Project Groot researcher Joel Jang, is seeking tens of millions in funding to build world models for robotics.
Meta Faces Possible Reversal of $2 Billion Manus AI Acquisition
Chinese regulators have ordered the unwinding of Meta's $2 billion acquisition of AI agent startup Manus, forcing the company to prepare contingency plans.
Google Signs Classified AI Deal With Pentagon Amid Employee Opposition
Google has agreed to let the US Department of Defense use its AI models for classified work, covering any lawful government purpose, despite internal staff resistance.
OpenAI Missed Its Internal Revenue Target in the First Quarter of 2026
OpenAI fell short of an internal revenue goal in Q1 2026, amid rising competition from Google's Gemini and strong sales at rival AI labs.
Jury Seated for Musk vs Altman Breach of Trust Trial in San Francisco
A nine-member jury has been impanelled in Elon Musk's breach of charitable trust lawsuit against OpenAI and Sam Altman, with the trial now under way.
OpenAI closes $10.3B round led by SoftBank at $157B valuation
The largest private funding round in history values OpenAI at $157B — roughly 1.5× its prior mark.
Perplexity raises $500M at $9B valuation
The answer engine continues to compound, with Nvidia and Jeff Bezos joining a $500M round.
Cursor maker Anysphere raises $100M at $2.5B valuation
Thrive Capital leads the round as Cursor becomes the dominant AI code editor among top engineers.
Harvey raises $300M for legal AI at $3B valuation
Google Ventures leads the round as Harvey deepens into BigLaw deployments.
China Orders Meta to Unwind $2 Billion Manus Acquisition After NDRC Probe
China's NDRC has ordered Meta to unwind its $2 billion acquisition of agentic AI startup Manus, complicating the company's push into AI agents.
Musk v. Altman Trial Opens to Decide OpenAI's Nonprofit Future
Elon Musk and Sam Altman face off in a Northern California federal trial that could reshape OpenAI's corporate structure, board composition, and approach to its founding nonprofit mission.