Pramaana Labs Raises $27M Seed Round for Formal Verification in AI
Pramaana Labs secured $27 million in seed funding from Khosla Ventures to enhance AI reliability in high-stakes industries like law and drug discovery.
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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XDOF Seeks to Solve Robot Training Data Bottleneck
XDOF, a new startup, has raised $70 million to address the lack of high-quality robot training data, a critical gap for AI labs pursuing physical world tasks.
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Anthropic Opens Seoul Office, Expands Partnerships in Korean AI Ecosystem
Anthropic has opened its Seoul office and announced new partnerships across the Korean AI ecosystem, with over 230,000 companies using its AI tools in the region.
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Pinterest Launches Experimental AI Shopping App Called Ask Pinterest
Pinterest announced an experimental AI shopping app called Ask Pinterest, which will be available in limited access, as it explores a conversational approach to product discovery.
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Canadian Pension Fund Invests in India's AI Data Center Growth
Canadian Pension Plan Investment Board has committed up to ₹70 billion to Indian data center operator CtrlS, signaling growing global interest in India's AI infrastructure.
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OpenAI's Revenue Grows But Costs Outpace Profits
Leaked financial documents show OpenAI's revenue rose to $13.07 billion in 2025, but research and development expenses hit $19.18 billion, widening its operating loss.
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ChatGPT Market Share Drops Below 50% for First Time
OpenAI's ChatGPT, once dominant, now holds 46.4% market share as users shift to Gemini and Claude, according to Sensor Tower's 2026 report.
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WordPress VIP Report: 60% of U.S. Consumers Find AI in Brand Messaging Turnoff
A new report by WordPress VIP reveals 60% of U.S. consumers find AI in brand messaging off-putting, with 86% lacking full trust in AI-generated content.
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SpaceX Surpasses Amazon in Valuation, Hits $2.7T
SpaceX has become the fifth-most valuable company globally, with its valuation surpassing $2.7 trillion after a 20% stock price increase on Monday.
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Plaud's AI Notetakers Hit 2 Million Shipments, Software Revenue Surpasses $100M ARR
Plaud, maker of AI-powered notetakers, reported its software business reached over $100 million in annualized revenue after shipping more than 2 million devices.
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OpenAI Spent $34 Billion Last Year
OpenAI spent $34 billion in the past year, according to Financial Times, with $19 billion allocated to research and development.
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DeepSeek Raises $7.4B in First Outside Funding at $50B Valuation
Chinese AI startup DeepSeek raised over $7.4 billion in its first external funding round, pushing its valuation past $50 billion, according to The Information.