The AI funding and development race continues at a blistering pace. An IT support startup hits a billion-dollar valuation, while OpenAI’s CEO teases a new model series aimed squarely at professional tasks.
Venture capitalists are noting a major shift from the cautious 2022-23 bear market to a more eager dealmaking atmosphere. Founders now have more leverage, making the choice of the right VC partner more critical than ever.
AI is helping developers write code faster than ever, but that’s creating a massive backlog in the “after-code” phase of testing and deployment. Harness just raised $240 million to automate that bottleneck, hitting a $5.5 billion valuation in the process. The funding will fuel a hiring spree and pro
A quiet White House executive order in August is opening private equity to everyday retirement savers. Experts argue this “democratization” exposes the industry to massive new legal risks from retail investors who won’t tolerate its opaque practices.
Databricks CEO Ali Ghodsi believes his company has a shot at a $1 trillion valuation. His plan hinges on three new growth vectors: capturing the transactional database market, riding the wave of AI-powered coding, and building a platform for enterprise AI agents.
Standard Chartered has dramatically lowered its Bitcoin price forecasts. The bank now sees the cryptocurrency hitting $150,000 in 2026, down from a previous target of $300,000.
Figma CEO Dylan Field openly admits he was a “bad manager” when he first started leading the company. On a podcast, he detailed the specific skills he lacked and how he learned them, a journey echoed by other founder-CEOs from Duolingo and Asana.
President Trump says he’s watching the high-stakes fight for Warner Bros. Discovery between Netflix and Paramount. His regulatory approval could be the deciding factor in the $72 billion deal.
Skild AI is reportedly in talks for a funding round that could involve SoftBank and Nvidia. The deal could push the robotics company’s valuation to around $14 billion, nearly triple its $4.7 billion valuation from earlier this year.
Harbor IT, a platform MSP, has acquired two specialized managed service providers in a month. The moves are a deliberate push to dominate IT services in heavily regulated sectors like healthcare and farming.
