Unitree Robotics, a Chinese robot maker, achieved a $50 billion valuation in its Shanghai IPO, driven by a circular financing model where state-backed centers buy and resell training data.
Virgin Atlantic is using a generative AI market model to improve pricing decisions, enhancing revenue management by analyzing real-time data and competitor activity.
Stripe acquired OpenRouter for $7.5 billion, more than tripling its valuation since May. Founders will receive $1.5 billion from the sale.
Stripe claims we are in the singularity, citing a 'large inflection in long-run trends' as a reason to forgo an IPO, according to Axios.
Google won an auction to buy Spirit Airlines' employee data, including 100 million emails and HR records, sparking privacy concerns among former workers.
Pew Research found 52% of Americans are more concerned than excited about AI, up from 37% in 2021.
SpaceX CEO Scott Wu denied reports that the company tried to acquire Cognition, a coding AI startup, in a bid to strengthen its position in the AI race.
Silicon Data, a startup focused on AI compute, secured $30 million in Series A funding to create a pricing index for GPU rental, aiming to launch futures contracts on the CME by October 5th.
VentureBeat has named Rob Strechay as its first lead analyst, expanding its focus on enterprise AI research.
Amazon is making its AI-powered Alexa+ free for all compatible Fire TV devices in the U.S., eliminating the need for a Prime subscription.
TerraPower plans to announce its first data center project this year, with construction expected to start in 2027.
ChatGPT Ads will expand to 31 European countries starting next week, including Germany, France, and Spain, according to OpenAI.