Meta Removes Controversial AI Feature on Instagram
Meta has removed an AI feature on Instagram after backlash, following its rollout earlier this week.
Business
249 articles
The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
LATEST NEWS
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Apple Sues OpenAI Over Alleged Trade Secret Theft
Apple filed a lawsuit against OpenAI on Friday, alleging trade secret theft and breach of contract involving former employees.
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Tencent Seeks Majority Stake in Manus After Meta Deal Unwound
Tencent is in talks to buy a majority stake in Manus, following Beijing's rejection of Meta's $2 billion acquisition attempt.
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Fed Appoints Marc Andreessen to Study AI's Impact on Inflation
The Federal Reserve has named AI investor Marc Andreessen to a working group examining how AI might influence inflation, following a July 9, 2026, announcement.
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Lyzr Uses AI Agent to Raise $100M Series B
Lyzr, an AI agent startup, used its own AI system to secure a $100 million Series B round, valuing the company at roughly $500 million.
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Elon Musk Praises Anthropic's Mythos/Fable, Promises Not to Cut Off
Elon Musk has publicly endorsed Anthropic's Mythos/Fable, stating he would not cut off the company even as a competitor, following a major infrastructure deal worth $40 billion.
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Paris-Based AI Voice Startup Gradium Raises $100M Seed Backed by Nvidia
Paris-based AI voice startup Gradium raised $100 million in seed funding, including support from Nvidia, to expand its operations in the Bay Area.
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Google Introduces AI Ad Disclosure Feature
Google will now disclose when an ad is created using AI, starting with its 'My Ad Center' panel, according to a July 9, 2026, announcement.
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Anthropic, OpenAI, and SpaceX Set to Outperform 25 Years of Tech Exits
The pending IPOs of Anthropic, OpenAI, and SpaceX are projected to generate more value than all U.S. VC-backed exits since 2000, according to a recent report.
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Nandan Nilekani Steps Down as Fundamentum Launches Third $200M Fund
Nandan Nilekani, co-founder of Infosys, is stepping down from his general partner role at Fundamentum as the firm launches its third $200 million fund.
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Lovable Talks to Double Valuation to $13.2 Billion
Lovable, a Swedish vibe-coding startup, is reportedly in talks to raise $300 million at a $13.2 billion valuation, doubling its previous $6.6 billion valuation from December.
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Messi, Ronaldo, and Tech Investments Shape Post-Football Futures
Lionel Messi and Cristiano Ronaldo are increasingly investing in AI and health tech, while Mohamed Salah focuses on traditional ventures. Messi’s Play Time HoldCo targets $200 million in tech startups.