Harvard, CMU alumni build $2.3B AI mortgage startup
A profile of how three Harvard and Carnegie Mellon alumni built an AI-powered mortgage startup now valued at $2.3 billion.
Business & Policy
Archive, page 3
Wednesday 14 October 2026
OpenAI outlines agentic AI adoption across EU businesses
OpenAI analysis says agentic AI adoption is growing among EU enterprises and small businesses, and identifies where deeper use could unlock more value.
OpenAIOfficial
Anthropic executive says open-source AI models carry higher risk
Anthropic's top sales executive outside the US argued that open alternatives to its models carry more risk of cybersecurity incidents and other dangers.
Anthropic
Tuesday 13 October 2026
DeepSeek funding round could reach 100B yuan
Reports say DeepSeek's second funding round is swelling toward roughly 100 billion yuan, near $14B and double its original target, at a pre-money valuation held at 500 billion yuan as terms remain fluid.
DeepSeek
Google eyes $1.5B investment in AI coding startup
Report says Google is considering a $1.5B investment in an AI coding startup, amid an AI brain drain that includes Jeff Dean's exit.
Google
Nvidia faces lawsuit over AI training music data
Nvidia faces a lawsuit over the use of music data in AI training, according to Law360.
Nvidia
SBS launches sovereign AI platform for core banking
French software firm SBS launched what it calls the world's first sovereign AI platform built for the banking market, aimed at regulated financial institutions.
SBSClosed
Suki lands $90M for healthcare AI
Healthcare AI company Suki raised $90M, according to Modern Healthcare's AI Tracker.
Suki
Cerebras CEO pushes back on AI doomsday warnings
At TechCrunch Disrupt, Cerebras CEO Andrew Feldman urged AI leaders to stop spreading doomsday warnings, saying risk focus drowns out benefits, and predicted personal AI assistants in every home; he also discussed capacity shortfalls behind OpenAI's move to Nvidia GPUs.
Cerebras
More: digitimes, Mjengo Hub
Salesforce makes $3.6B play for AI customer service
Salesforce is making a $3.6B move into AI customer service, according to TechRepublic.
Salesforce
Anthropic asks appeals court to rehear Pentagon blacklisting case
Anthropic urged the DC federal appeals court to revisit its 2-1 ruling upholding the Trump administration's designation of the company as a supply-chain risk.
Anthropic
Vista Equity CEO Smith discusses AI and agentic software growth
Robert F. Smith, Vista Equity Partners founder and CEO, talks about AI growth, agentic software and learning to use AI agents, in a Bloomberg interview.
Vista Equity Partners
Goldman Sachs CEO flags financing risk in AI buildout
David Solomon's remarks on AI highlighted how companies will fund an infrastructure expansion that could require trillions of dollars, and which projects will justify the expense.
Goldman Sachs
Straits Times asks who is liable when AI agents go rogue
The Straits Times examines who is to blame when AI agents that book trips and manage work projects act against their users' interests.
The Information explores rebuilding companies for the agentic era
The Information's Amir Efrati discussed with leaders what a company should look like when AI can understand context, coordinate work and act across systems.
The Information
CIO Dive: IT execs brace for AI agent security incidents
CIO Dive reports IT leaders are preparing for security incidents caused by autonomous AI agents, citing gaps in monitoring, permissions and incident response as agents take on more enterprise work.
Grok cases highlight AI risks under Illinois privacy law
Reuters reports Grok-related cases show how Illinois biometric privacy law can expose AI companies to liability, as courts weigh how facial and voice data rules apply to model training.
xAI
Michael Dell says AI needs safeguards and government role
Dell CEO Michael Dell said AI models need safeguards and controls, with both companies and government playing a role in ensuring safety. No specific policy or product was announced.
Dell
Reports question whether AI spending delivers measurable returns
The Information and The Register examine why companies struggle to prove AI spending pays off, as infrastructure spending forecasts outstrip expected revenue.
More: The Register
Censys data: publicly exposed AI infrastructure up 63% in nine months
New Censys data shared with Axios shows AI-related infrastructure exposed to the public internet jumped 63% in nine months, creating new security risks.
Censys
Ramp offers in-house AI tool Glass to other companies
After a week in May when Ramp burned $1.5M on AI spending, the spend-management firm built Glass and will now offer it externally, per co-CEO Eric Glyman.
RampClosed
OpenAI rolls out ChatGPT ads updates and account managers
OpenAI is rolling out major advertising and targeting updates in ChatGPT and assigning account manager representatives, per MediaPost and Search Engine Roundtable. Details on formats and pricing are limited.
OpenAIClosed
More: Search Engine Roundtable
OpenAI employee arrested over hidden recording device in office
An OpenAI employee was arrested and charged with using a hidden recording device in one of the company's San Francisco offices, according to OpenAI and the US Justice Department. Reports say a chatbot helped plant the bug; a judge also ordered OpenAI to turn over hiring records in Apple's trade secrets case.
OpenAI
Applied Intuition fields offers at $30B valuation
The autonomous-vehicle software firm is drawing offers at a $30 billion valuation as AI application startups reach higher prices.
Applied Intuition
World Bank jobs council urges support as IMF warns of AI shock
The World Bank's jobs council called for crisis-era employment support, while IMF chief Kristalina Georgieva said AI is hitting labor markets like a slow-moving tsunami, with young workers most exposed.
Employ report: AI-polished resumes stress recruiters
An Employ report finds AI-polished resumes that look nearly identical have become a top stressor for recruiters, even as AI helps hiring teams.
Employ
SAP rolls out Joule Work, signs TechWolf deal
SAP continues its AI push with the Joule Work agent rollout and a partnership with TechWolf, while a Berlin procurement effort reportedly hit a setback.
SAPClosed
Nvidia
TypeSafeAI raises $870M for Jev automation platform
TypeSafeAI has raised $870 million to scale its Jev AI automation platform, according to the company.
TypeSafeAIClosed
Salient bets on auto lending vertical for AI
Salient CEO Ari Malik says the company chose to go deep on a single vertical, auto lending, rather than building a general-purpose AI product sold across many industries.
SalientClosed
Dutch tax agency cancels Microsoft 365, turns to open source
The Dutch tax authorities have cancelled a planned Microsoft 365 cloud rollout and are moving toward open-source alternatives, in another European digital sovereignty move.
Dutch tax authoritiesOpen
Report: AI to lift market data costs up to 50%
New research says capital markets firms could see market data provision costs rise more than 50% in 2027, partly due to AI use.
Netradyne expands AI agent lineup for fleet safety
Netradyne expanded its AI Agent lineup aimed at fleet safety teams, adding agents for monitoring and safety workflows.
NetradyneClosed
Pro-AI super PAC network pours millions into Nevada shell companies
Backed by Silicon Valley titans, Leading the Future has raised large sums to promote pro-AI candidates in both parties, Wired and Axios report.
More: Axios
SK Networks invests 20B won more in Upstage
SK Networks has invested an additional 20 billion won in Korean AI startup Upstage.
SK Networks
Roundhouse AI lists on AIM for agent data layer
Roundhouse AI listed on London's AIM to build a data layer for the AI agent economy.
Roundhouse AI
SpaceX to testify to NYC Council on AI safety
SpaceX agreed to testify before the New York City Council as part of an investigation into AI safety risks, after receiving a subpoena.
SpaceX
AI labs buy data from dead startups to train models
Founders winding down firms are selling code bases and user archives; one crypto founder netted roughly $25,000 from his defunct startup's data.
IIT Delhi graduates build AI startup ByteAsk
IIT Delhi graduates have founded ByteAsk, an AI startup, according to a report.
ByteAsk
Drylab raises $3M to build self-improving AI
Vietnamese-founded Drylab has raised $3 million to develop self-improving AI, describing its goal as building AI scientists.
DrylabClosed