Disney to hire majority of Character.AI’s workforce in stalking-horse bid
Disney agreed to hire at least 60 Character.AI employees, representing the majority of its workforce, in a stalking-horse bid tied to a $20 million asset acquisition.
Disney agreed to hire at least 60 Character.AI employees, representing the majority of its workforce, in a stalking-horse bid tied to a $20 million asset acquisition.
Replit will use OpenAI’s ChatGPT as its default model provider, replacing Anthropic.
A niche industry has emerged to broker sales of data, code, and workplace archives from defunct startups to AI labs.
Nvidia’s RTX Spark N1X is an Arm-based SoC for Windows laptops and small desktops, with up to 128GB unified memory and 6,144 GPU CUDA cores.
Cal AI generated over $30 million in revenue within two years of its 2024 founding.
Scimplify, a Bengaluru-based startup, raised $25 million in an all-equity strategic round led by Hitachi Ventures to expand its AI-powered production of specialty chemicals and critical materials.
Character.AI, an interactive chatbot platform, filed for Chapter 11 bankruptcy after five years of operation.
Character.AI has filed for Chapter 11 bankruptcy protection with estimated liabilities between $50 million and $100 million.
Microsoft announced Maia 300, its third-generation in-house AI chip, designed as the primary inference system for its products and services.
Amazon will no longer use nondisclosure agreements when negotiating data center siting with local governments, aligning with a similar Microsoft pledge earlier this year.
Amazon will no longer use NDAs when negotiating data center deals with local governments.
Global PC shipments fell 20.1% year-over-year in Q3 2026 to 62.7 million units, the steepest decline in a third quarter on record, according to IDC.
Google DeepMind, Meta, and Isomorphic Labs are jointly investing $300 million into Biohub’s ‘Virtual Biology’ initiative to create a ‘virtual cell’ for disease research.
Microsoft announced the Surface Laptop Ultra, a premium Windows laptop powered by Nvidia’s RTX Spark Arm-based chip, starting at $2,599.
Lambda, an AI-focused cloud provider, is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO.
Free Google Gemini users will be limited to the Flash Lite model starting October 9, 2026.
OpenAI plans to begin testing visual ads in ChatGPT in the US later this month.
AWS CEO Matt Garman stated the company has discontinued the use of nondisclosure agreements (NDAs) with government agencies during data center approval processes.
Nvidia increased the price of the Shield TV Pro by $100 to $299.99, effective October 2, 2026.
Stability AI raised $76 million from Sony, Warner, and Universal to build AI tools for music professionals.
Amazon will no longer use nondisclosure agreements with county officials in data center deals.
Memory executives at Micron and Samsung expect the current RAM shortage to continue through at least 2028 due to prioritization of AI and server memory over consumer products.
Google is running a pilot program that pays publishers for content used in AI-powered search features such as AI Overviews and AI Mode in Search, as well as its Gemini chatbot.
OpenAI announced a partnership with America’s SBDC to provide AI training and local support for small businesses.
Consumer AI adoption is growing slowly, with only 2.2% of consumers paying for AI services at an average of $31 per month as of May 2026.
ElevenLabs, an AI voice startup, authorized a $300M employee tender offer at a $22B valuation, doubling its prior $11B valuation.
Climate tech founders and investors are split over the AI boom’s dominance at Climate Week, with some embracing data center-driven opportunities and others warning of neglected sectors.
Anthropic’s IPO prospectus discloses an $8B+ operating loss in 2025 and $13B in operating expenses, despite $4.6B in revenue.
AMD agreed to acquire World Labs, a developer of deep learning models for understanding physical reality, for $8.2 billion.
Blue Cross Blue Shield Association (BCBSA) analysis attributes $942M in added healthcare spending over two years to hospitals' use of AI tools in insurance coding.
Crusoe abandoned a $1.25B agreement to buy 29 Boom Superpower turbines for its AI data centers.
Microsoft is launching a redesigned Copilot ‘super app’ that consolidates chat, coding, and agent capabilities into a single interface with three tabs: Home, Code, and Autopilot.
Anthropic committed $11.6B to Akamai’s cloud infrastructure over seven years, with potential to grow to $20B depending on usage.
British AI infrastructure company Nscale secured $3.36 billion in convertible financing led by Third Point ahead of a planned US IPO.
Meta's annual Connect event introduced Muse, a personal AI agent positioned as a future 'personal superintelligence,' with early usage reported in the
Lightspeed Venture Partners is targeting $250 million for a new India-focused early-stage fund focused on AI, with 80% of commitments already secured.
Oracle issued a force majeure notice tied to its New Mexico Stargate data center, Project Jupiter, allowing delays if the 2.45 GW facility misses its 2028 target.
Enveda, an AI-driven biotech startup, raised a $311 million Series E funding round at a $2 billion valuation, doubling its valuation from a year ago.
OpenAI and Grab announced a regional program called GO Forward with AI to train 30,000 partners in Southeast Asia.
Snorkel AI raised a $350 million Series E at a $3.5 billion valuation, led by Insight Partners and S32.
Apple opened the claims process for a $250 million settlement resolving allegations that it failed to deliver AI-upgraded Siri features as advertised.
Amazon has blocked Meta’s Muse AI agent from accessing Amazon.com, citing violations of its Conditions of Use.
Amazon began blocking Meta’s Muse AI agent from making purchases on its platform over the weekend, displaying popup warnings to users.
Claude Fable 5.1 is now available on AWS via Amazon Bedrock.
AI infrastructure is hitting physical limits that are increasing demand for advanced materials in semiconductors and data centers.
AI hyperscalers are projected to spend more than $1 trillion on data centers in 2026 alone, with total investments potentially exceeding $5 trillion over four years.
Chinese AI agent startup Manus is in discussions to raise $500 million at a $4 billion valuation.
Meta is rolling out global Meta One subscriptions that bundle AI access with social media perks across Facebook, Instagram, and WhatsApp.
Google has approached major Hollywood studios to negotiate licensing agreements allowing it to train AI models on copyrighted content in exchange for large payments.
Nvidia CEO Jensen Huang publicly diverged from Dario Amodei, Elon Musk, and Sam Altman by rejecting calls to slow AI development.