Sarvam Becomes India's Newest AI Unicorn With $234M Funding
Sarvam, a Bengaluru-based AI startup, raised $234 million at a $1.5 billion valuation, becoming India’s newest unicorn.
Business
462 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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Salesforce Acquires AI Customer Service Platform Fin for $3.6 Billion
Salesforce announced a $3.6 billion acquisition of Fin, an AI customer service platform, to enhance its Agentforce platform.
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Cohere Expands London Office to Triple UK Footprint
Cohere is moving to 100 New Oxford Street, nearly tripling its current office size to support R&D growth in the UK.
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Google Invests $1.5 Billion in Alabama Data Center Expansion
Google announced a $1.5 billion investment for 2026 and 2027 to expand its data center campus in Jackson County, Alabama.
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NewCore Raises $66M to Manage AI Agents as Workforce Members
NewCore, a cybersecurity startup, secured $66 million in funding to address the challenge of managing AI agents as digital employees, with a valuation of $300 million post-investment.
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Microsoft CEO Warns of Few AI Systems Capturing Economic Returns
Microsoft CEO Satya Nadella warns that a small number of AI systems could capture all economic returns, risking industry-wide knowledge loss.
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Meta Uses Rank One's Face Recognition in Smart Glasses
Meta has licensed face-recognition software from Rank One Computing, a company with government clients, for use in its smart glasses, according to a software license obtained by WIRED.
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AI Layoffs Accelerate as Tech Companies Cut 150,000 Jobs
Tech layoffs hit 150,000 globally this year, with AI cited as the primary reason, according to TrueUp.
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OpenAI Launches Partner Network to Scale AI Adoption
OpenAI announced a $150 million initiative to expand AI adoption by building a global partner ecosystem, aiming to train 300,000 certified consultants by year-end.
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SpaceX IPO Sparks AI Company Public Market Push
SpaceX's record $56 billion IPO has drawn attention to AI firms like OpenAI and Anthropic, which are also preparing for public debuts.
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KPMG Report Contained Fabricated AI Case Studies
KPMG's AI report falsely claimed AI use at UBS, NHS, and TfL. GPTZero uncovered errors, and all named organizations disputed the claims.
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Meta Unwinds $2 Billion Manus Deal After Beijing's Demand
Meta has begun dismantling its $2 billion acquisition of Manus, complying with a divestiture order from Beijing issued two months ago.