📰 News
AI News — page 9
Funding, launches, analysis, and interviews.
Sierra Raises $950M at $15B Valuation in Tiger Global-Led Round
AI customer service startup Sierra secured $950 million from Tiger Global and Google Ventures, reaching a $15 billion valuation after three years.
OpenAI Raises $4 Billion from 19 Private Equity Firms for AI Consulting Venture
OpenAI secured $4 billion from TPG, Brookfield, Bain Capital and 16 other private equity firms to launch a specialized consulting company helping portfolio companies integrate AI.
Gemini Now Generates Downloadable Files Directly Inside Chat
Google's Gemini chatbot can now create and export files in over a dozen formats, from PDFs to Google Slides, without leaving the conversation.
AI Investors Stay Silent When Asked About the Risks in Funding Boom
At The Information's Financing the AI Revolution conference, investors offered little when pressed on the hidden risks building up inside the AI funding market.
Mistral AI Ships Medium 3.5, a 128B Open-Weight Flagship Model
Mistral AI released Medium 3.5, a 128B dense model with 256k context and open weights, scoring 77.6% on SWE-Bench Verified.
Chinese Regulators Block Meta's $2 Billion Acquisition of Manus Maker Butterfly Effect
Chinese authorities have moved to block Meta's acquisition of Butterfly Effect, the Beijing-founded startup behind AI agent Manus, valued at over $2 billion.
OpenAI Misses Revenue and User Targets as Investors Dump AI Stocks
A Wall Street Journal report that OpenAI missed internal revenue and user growth targets triggered a broad sell-off in AI-linked stocks including Oracle and CoreWeave.
Firestorm Labs raises $82M to put drone factories on the front line
San Diego defence start-up Firestorm Labs has closed an $82 million Series A to ship containerised drone-manufacturing pods that can be deployed to forward operating bases.
OpenAI Expects ChatGPT Go to Reach 122 Million Subscribers in 2026
OpenAI projects its cheaper $8 ChatGPT Go tier will attract 122 million consumer subscribers this year, reshaping its revenue mix away from the $20 Plus plan.
OpenAI Models and Codex Land on Anthropic Bedrock After Microsoft Exclusivity Ends
OpenAI's GPT-5.4 and Codex coding agent are now available in limited preview on Anthropic Bedrock, one day after Microsoft exclusivity ended.
Anthropic Ships Anthropic Quick, a Desktop AI Agent App Starting at $20 a Month
Anthropic launched Anthropic Quick, a desktop application that runs AI agents for tasks like creating presentations and documents, priced from $20 per month without requiring an Anthropic account.
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.