AI Business & Enterprise

On September 12, OpenAI announced Grove, a novel five-week mentorship program designed for technical individuals at the “pre-idea” stage of their entrepreneurial journey according to Analytics India Magazine. This move marks a significant departure from traditional startup accelerators by targeting talent before a concrete business concept is formed. Instead of evaluating pitches, OpenAI is investing […]

OpenAI has initiated a landmark corporate restructuring, announcing a non-binding memorandum of understanding (MOU) with its primary investor, Microsoft, to convert its for-profit arm into a Public Benefit Corporation (PBC). This strategic pivot is designed to reconcile the immense capital demands of developing advanced AI with the company’s founding mission to ensure Artificial General Intelligence […]

In a formal SEC filing on September 5,2025, Tesla unveiled a previously unknown full name for Elon Musk’s artificial intelligence company, xAI, referring to it as “eXploratory Artificial Intelligence.” The name appeared deep within a 16-page proxy statement designed to justify a monumental, potentially trillion-dollar compensation plan for the CEO. This unexpected disclosure has sparked […]

In a development that signals a seismic shift in the AI infrastructure landscape, Oracle has reportedly secured a landmark agreement to provide OpenAI with $300 billion worth of cloud compute power. The arrangement, structured over approximately five years starting in 2027, represents one of the largest cloud contracts ever reported. This news follows Oracle’s recent […]

AI-powered search startup Perplexity has secured a significant $200 million in new funding, elevating its valuation to an immense $20 billion. This latest capital injection, part of a rapid series that brings its total raised to $1.5 billion in just three years, underscores intense investor confidence in its model of providing direct, conversational answers to […]

Microsoft is executing a significant strategic pivot by integrating AI models from Anthropic, a key rival to its primary partner OpenAI, directly into its flagship Office 365 productivity suite. This development, first reported by TechCrunch citing The Information and since corroborated by multiple outlets, marks a deliberate move by Microsoft to become less reliant on […]

Microsoft has finalized a landmark agreement with AI infrastructure provider Nebius Group, committing to a multi-billion-dollar deal to secure a massive supply of dedicated GPU computing power. The agreement, valued at a base of $17.4 billion over five years with a potential extension to $19.4 billion, will see Nebius provide Microsoft with capacity from a […]

In a striking display of cognitive dissonance, Chungin “Roy” Lee, the 21-year-old co-founder of the AI cheating tool Cluely, has taken to social media to lament that artificial intelligence is destroying education and creating “hyper-incompetent” students. This public critique comes as his own company, which markets an “undetectable AI that thinks for you,” is experiencing […]

Recall.ai, a startup building foundational data infrastructure for conversational AI, has secured $38 million in a Series B funding round, bringing its valuation to $250 million. The round, led by Bessemer Venture Partners with new investments from Salesforce Ventures and HubSpot Ventures, validates the company’s strategic bet that developers will choose to buy, not build, […]

OpenAI is making a definitive move into hardware, partnering with semiconductor giant Broadcom to co-design a custom artificial intelligence chip. Backed by a reported $10 billion in orders from OpenAI, this development signals a pivotal strategic shift for the AI leader, driven by the need to satisfy an insatiable demand for computing power and reduce […]

OpenAI is strategically expanding beyond its core conversational AI, confirming the development of the OpenAI Jobs Platform, a new service aimed squarely at the professional recruitment industry. Announced by CEO of Applications Fidji Simo, the platform is scheduled for a mid-2026 launch and is designed to use advanced AI for creating optimal matches between employers […]

AI startup Sierra, founded by enterprise software veteran Bret Taylor and Google alum Clay Bavor, has secured $350 million in a new funding round, catapulting its valuation to an impressive $10 billion. The financing, announced in early September 2025 and led by existing investor Greenoaks Capital, brings the company’s total capital raised to $635 million […]