Monday.com Lays Off Hundreds to Focus on AI
Monday.com is cutting 20% of its workforce, or about 630 employees, to refocus on AI projects.
Monday.com is cutting 20% of its workforce, or about 630 employees, to refocus on AI projects.
Yope, a private social network, raised $12.3 million in seed funding to develop a platform with no algorithms or ads, targeting young users.
Travis Kalanick’s robotics company Atoms raised $1.7 billion in a funding round led by Andreessen Horowitz, with Uber also participating.
OpenAI's Project Camellia in Georgia has secured a 3.2-gigawatt power deal with Georgia Power through 2032, covering all costs to avoid raising local bills.
Google DeepMind announced a $40 million investment to support the Genesis Mission, a national initiative aimed at doubling the pace of American scientific discovery within a decade.
Samsung is in talks to invest up to one billion euros in Mistral, pushing its valuation to around 20 billion euros, per Financial Times.
Passionfroot, a Berlin-based startup, raised $15 million in Series A funding to expand its B2B creator marketplace to the U.S., according to TechCrunch.
Glow, a cybersecurity startup, raised $180 million in Series A funding, valuing it at $1.2 billion, as it aims to redefine endpoint security with AI.
A weekend rumor about Anthropic acquiring robotics startup Physical Intelligence sparked debate, though both companies denied the deal. The Information confirmed talks occurred this spring.
Entertainment apps are merging into a single platform, with AI enabling content personalization and cross-format integration, as seen in Netflix, Spotify, YouTube, and TikTok.
OpenAI announced the appointment of David Vélez and Robin Vince to its boards on July 21, 2026. Both leaders bring extensive experience in financial services and technology-driven growth.
Microsoft and Mistral announced a multi-billion-dollar deal to build AI infrastructure across Europe, with Mistral investing thousands of Nvidia GPUs.