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AI Business News

Funding, launches, tools & everything AI money — updated daily

Apple shares ‘shocking evidence’ against former employee accused of stealing company data for OpenAI
TechCrunch
B2BSeptember 1, 2026

Apple shares ‘shocking evidence’ against former employee accused of stealing company data for OpenAI

Apple says it has evidence that a former employee destroyed evidence of data theft after learning he was under investigation.

The Pentagon now has its own version of ChatGPT and Grok
TechCrunch
GovernmentAugust 31, 2026

The Pentagon now has its own version of ChatGPT and Grok

Versions of OpenAI's ChatGPT and SpaceXAI's Grok will join Google's Gemini on the Pentagon's central portal for AI tools.

Harvard Law dropout raises $6M for Blue Voice to build a ‘Harvey for police officers’
TechCrunch
B2BAugust 31, 2026

Harvard Law dropout raises $6M for Blue Voice to build a ‘Harvey for police officers’

Blue Voice is trained on department-specific laws, local ordinances, protocols, and guidelines that general-purpose AI tools can't access on the public internet.

The Hugging Face hack could indicate cultural issues at OpenAI
MIT Tech Review
ToolsAugust 31, 2026

The Hugging Face hack could indicate cultural issues at OpenAI

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. By now you’ve probably heard about last month’s major AI...

Clipto uses AI to search terabytes of video and is now valued at $250M
TechCrunch
StartupsAugust 31, 2026

Clipto uses AI to search terabytes of video and is now valued at $250M

The three-year-old startup says it reached $15 million in ARR and profitability before raising its latest $15 million round.

Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech’s AI chip buildout
TechCrunch
B2BAugust 31, 2026

Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech’s AI chip buildout

Nvidia invests $3.5 billion into Taiwanese chipmaker MediaTek. The deal shows how Nvidia plans to stay essential to AI infrastructure as Big Tech begins to build its own AI chips.

Biotech Startup Investment Held Steady Even As AI Funding Surged
Crunchbase
StartupsAugust 31, 2026

Biotech Startup Investment Held Steady Even As AI Funding Surged

While the AI boom has disrupted funding patterns across the startup sphere, biotech has remained a rare steady sector for investment. For the past few years, global funding to biotech startups has...

You Know Who Really Hates AI? Insurance Claims Adjusters
Wired AI
ToolsAugust 31, 2026

You Know Who Really Hates AI? Insurance Claims Adjusters

Of the Glassdoor reviews from claims adjusters that mentioned AI, a staggering 98 percent were negative. “AI is just a tool,” one person tells WIRED. “It should never be given the keys.”

The US is building barriers around drones and robots, but China has scale to get around them
TechCrunch
B2BAugust 31, 2026

The US is building barriers around drones and robots, but China has scale to get around them

The U.S. is shutting out more foreign-made drones and robots. China’s scale means the global competition may simply move elsewhere.

Caterpillar is bringing to AI deployment what it learned from automating mining
TechCrunch
B2BAugust 30, 2026

Caterpillar is bringing to AI deployment what it learned from automating mining

Caterpillar has spent decades putting autonomous machines to work at remote mining sites. It's now bringing that experience to AI deployment.

Sony Music, Warner sue Anthropic, alleging a ‘brazen campaign’ of intellectual property theft
TechCrunch
B2BAugust 29, 2026

Sony Music, Warner sue Anthropic, alleging a ‘brazen campaign’ of intellectual property theft

This latest lawsuit is particularly broad and homes in on accusations of illegal piracy.

At TechBBQ, Europe’s AI conversations kept coming back to: Who’s actually in control?
TechCrunch
B2BAugust 29, 2026

At TechBBQ, Europe’s AI conversations kept coming back to: Who’s actually in control?

Investors, founders, and operators from across Europe arrived for the annual Nordic TechBBQ conference to talk about how humans can have agency over AI.

‘We’re not doing 30 bets a year’: Vijay Pande on betting small after running $4B at a16z
TechCrunch
B2BAugust 29, 2026

‘We’re not doing 30 bets a year’: Vijay Pande on betting small after running $4B at a16z

Vijay Pande — who left a16z's roughly $4 billion biotech practice last year to start the much smaller, AI-native VZVC — talks about why biology is finally shifting from a "discovery" science to an...

Nvidia’s AI advantage is moving beyond the GPU
TechCrunch
B2BAugust 29, 2026

Nvidia’s AI advantage is moving beyond the GPU

The new generation of data center systems is increasing efficiency with smarter traffic control instead of just more processor cycles.

The Cybersecurity Apocalypse Is Coming in ‘Months,’ AI Giants Warn
Wired AI
B2BAugust 29, 2026

The Cybersecurity Apocalypse Is Coming in ‘Months,’ AI Giants Warn

Plus: Hackers target over 100 US water systems, ICE puts in an order for robot dogs, and you’ll never guess what “MrChildPorn” was arrested for.

How to Run a Chatbot on Your Own Computer
Wired AI
B2BAugust 29, 2026

How to Run a Chatbot on Your Own Computer

Installing a large language model on your personal computer gives you a handy digital assistant that won’t compromise your data privacy.

Neocloud Lambda secures $1B in debt to buy more chips
TechCrunch
B2BAugust 28, 2026

Neocloud Lambda secures $1B in debt to buy more chips

Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring the high cost of the AI boom.

Open-weight AI companies are the Valley’s hottest acquisition targets
TechCrunch
B2BAugust 28, 2026

Open-weight AI companies are the Valley’s hottest acquisition targets

There's a lot of capital pouring into the business of giving models away.

The Week’s 10 Biggest Funding Rounds: AI Tools And Assistants Lead Sparser Lineup Of Megadeals
Crunchbase
B2BAugust 28, 2026

The Week’s 10 Biggest Funding Rounds: AI Tools And Assistants Lead Sparser Lineup Of Megadeals

Most of this week’s largest funding recipients were AI-focused startups, with Instinct, a developer of AI assistants, pulling in the biggest round.

Anthropic gets its first court win over the Pentagon’s supply-chain risk label
TechCrunch
GovernmentAugust 28, 2026

Anthropic gets its first court win over the Pentagon’s supply-chain risk label

A federal judge ruled the Trump administration illegally labeled Anthropic a supply-chain risk, handing the AI company a victory as its second Pentagon lawsuit continues in Washington.

The Download: a secretive antiaging drug and joining virtual power plants
MIT Tech Review
StartupsAugust 28, 2026

The Download: a secretive antiaging drug and joining virtual power plants

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. A startup claims it’s found a drug to make your blood young...

Meta executive leaves for OpenAI as the social media giant faces growing scrutiny in India
TechCrunch
B2BAugust 28, 2026

Meta executive leaves for OpenAI as the social media giant faces growing scrutiny in India

Sandhya Devanathan will oversee some OpenAI operations across Southeast Asia and Australia in her new role.

He Scraped All of Their Art for AI. Now He’s Collaborating on a Tool to Help Them
Wired AI
ToolsAugust 28, 2026

He Scraped All of Their Art for AI. Now He’s Collaborating on a Tool to Help Them

The art portfolio platform Cara, designed for creators who don’t want their work used to train AI, has been under assault by trolls seizing and publishing its data.

Inside Meta’s Push to Put Robots to Work in Data Centers
Wired AI
B2BAugust 28, 2026

Inside Meta’s Push to Put Robots to Work in Data Centers

The company is testing robots that can swap cables, reset servers, and take on other tasks performed by technicians, fueling concerns among some workers that their jobs could be at risk.

A Judge Has Blocked the Pentagon’s Attempt to Blacklist Anthropic
Wired AI
GovernmentAugust 28, 2026

A Judge Has Blocked the Pentagon’s Attempt to Blacklist Anthropic

A federal judge has called the Department of Defense’s designation of Anthropic as a national security supply-chain risk “illegal and baseless.”

A startup claims it’s found a drug to make your blood young
MIT Tech Review
StartupsAugust 27, 2026

A startup claims it’s found a drug to make your blood young

I knew I’d officially become a “longevity influencer” this month when a company called Generation Lab reached out to offer me the chance to write about—and even receive—their new rejuvenation...

A Georgia Cop Used Flock to Track 2 Other Cops: His Ex and Her Friend
Wired AI
B2BAugust 27, 2026

A Georgia Cop Used Flock to Track 2 Other Cops: His Ex and Her Friend

After an affair with a fellow police officer ended, a Georgia cop used Flock to track her movements—and those of a man whose vehicle often showed up near hers, internal investigation records show.

Socure Secures $156M at $5.2B Valuation, Acquires AI Fraud Investigation Startup Fravity
Crunchbase
VCAugust 27, 2026

Socure Secures $156M at $5.2B Valuation, Acquires AI Fraud Investigation Startup Fravity

Identity verification and fraud prevention company Socure announced Thursday that it raised $156 million in a strategic growth investment valuing it at $5.2 billion. The Incline Village, Nevada-based...

Craft’s Ilya Levtov Never Learned To Code. He Built A Software Company Anyway.
Crunchbase
ToolsAugust 27, 2026

Craft’s Ilya Levtov Never Learned To Code. He Built A Software Company Anyway.

In the fourth of a series of articles about non-tech founders getting venture funding, we talk to Craft CEO Ilya Levtov, a Julliard-trained cellist who says he was able to launch his supply chain...

A quarter of Nvidia’s business next year comes from labs it is financing
AI News
B2BAugust 27, 2026

A quarter of Nvidia’s business next year comes from labs it is financing

Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on...

Startup Funding Hits Record $510B in H1 2026 — AI Took the Lion's Share
AIBusiness.vc
VCJuly 7, 2026

Startup Funding Hits Record $510B in H1 2026 — AI Took the Lion's Share

Global venture funding smashed every record in the first half of 2026, and AI swallowed most of it — OpenAI and Anthropic alone pulled in $217B.

MGX Raises $49 Billion — One of the Biggest AI Funds Ever
AIBusiness.vc
VCJuly 6, 2026

MGX Raises $49 Billion — One of the Biggest AI Funds Ever

Abu Dhabi's MGX, just two years old, closed a $49B fund dedicated to AI deals — instantly one of the most consequential investors in the sector.

AI Agents Market Hits $7.6B — Individual Developers Are Building Custom Agents for $500-1,500 Each
AIBusiness.vc
SoloMarch 30, 2026

AI Agents Market Hits $7.6B — Individual Developers Are Building Custom Agents for $500-1,500 Each

The AI agents market reached $7.63 billion in 2025, projected to hit $183 billion by 2033. Solo builders are cashing in.

Anthropic Raises $3.5B at $61.5B Valuation — AI Safety Race Intensifies
AIBusiness.vc
StartupsMarch 29, 2026

Anthropic Raises $3.5B at $61.5B Valuation — AI Safety Race Intensifies

Anthropic's latest funding round makes it the second most valuable AI startup after OpenAI.

OpenAI Slashes API Prices by 40% — Startups See Immediate Margin Boost
AIBusiness.vc
StartupsMarch 28, 2026

OpenAI Slashes API Prices by 40% — Startups See Immediate Margin Boost

GPT-4o API costs drop significantly, making AI products cheaper to build and run.

Cursor Becomes #1 AI Coding Tool — Developers Are Switching in Droves
AIBusiness.vc
ToolsMarch 27, 2026

Cursor Becomes #1 AI Coding Tool — Developers Are Switching in Droves

The AI-first code editor surpasses GitHub Copilot in developer satisfaction surveys.

EU AI Act Enforcement Begins — Companies Face Up to 7% Revenue Penalties
AIBusiness.vc
B2BMarch 26, 2026

EU AI Act Enforcement Begins — Companies Face Up to 7% Revenue Penalties

The world's first comprehensive AI law starts enforcing compliance requirements across Europe.

DeepSeek V3 Proves You Don't Need Billions to Build Frontier AI
AIBusiness.vc
StartupsMarch 25, 2026

DeepSeek V3 Proves You Don't Need Billions to Build Frontier AI

The Chinese open-source model matches GPT-4 performance at 1/10th the API cost.

Enterprise AI Adoption Hits 58% — What Separates Winners from Failures
AIBusiness.vc
B2BMarch 24, 2026

Enterprise AI Adoption Hits 58% — What Separates Winners from Failures

More than half of enterprises now use AI in production, but 42% of projects fail to deliver ROI.

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Apple shares ‘shocking evidence’ against former employee accused of stealing company data for OpenAI

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The Pentagon now has its own version of ChatGPT and Grok

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Harvard Law dropout raises $6M for Blue Voice to build a ‘Harvey for police officers’

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The Hugging Face hack could indicate cultural issues at OpenAI

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Clipto uses AI to search terabytes of video and is now valued at $250M

AI Market Stats

Global AI Spending$2.52T
AI Agents CAGR49.6%
Businesses Using AI58%
AI Worker Premium+28%

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