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News
Cognition AI Raises $2 Billion in Series E at $48 Billion Valuation
5+ day, 10+ hour ago (436+ words) Cognition AI, the artificial intelligence company behind autonomous software-engineering agent Devin, has raised $2 billion in a Series E funding round at a valuation of $48 billion. The latest investment nearly doubles the company’s valuation from the $26 billion level reached in its…...
Anthropic Drops Pursuit of AI Startup Decart After Due Diligence
6+ day, 5+ hour ago (440+ words) Anthropic has decided not to proceed with its potential acquisition of AI infrastructure startup Decart AI, ending discussions over a deal that Bloomberg News had previously reported could be worth about $6 billion. The development was first reported by Bloomberg, citing…...
Karnataka and Italy Explore Partnerships in Startups, AI and Deeptech
6+ day, 12+ hour ago (250+ words) The two sides also discussed three to four sector-specific startup acceleration programmes. The proposed approach is to begin with a limited number of startups, institutions and sectors, assess the outcomes and then expand programmes that demonstrate results. Artificial intelligence was…...
Yotta Advances $1.5 Billion IPO Plan to Fund India’s AI Infrastructure Build-Out
1+ week, 4+ day ago (504+ words) CXO Digitalpulse Yotta Advances $1.5 Billion IPO Plan to Fund Indiaâs AI Infrastructure Build-Out Yotta Data Services is preparing to file draft papers for an Indian initial public offering as early as October, accelerating its capital-raising programme as artificial-intelligence workloads…...
Anthropic Signs $35 Billion Cloud Deal With Nvidia-Backed Lambda
1+ week, 6+ day ago (428+ words) Anthropic has signed a $35 billion cloud-computing agreement with Lambda, a cloud provider backed by Nvidia, to secure additional computing capacity for its growing artificial intelligence operations. The deal covers a data centre project in Nueces County, Texas, according to a…...
OpenAI Slows Frontier Training and Tightens Controls After Model-Security Incident
3+ week, 5+ day ago (526+ words) OpenAI has introduced stricter containment, monitoring and alignment requirements for frontier-model development after an incident involving Hugging Face infrastructure and preliminary evidence that its forthcoming Astra model may reach a critical cybersecurity-capability threshold. The company paused reinforcement-learning training for two…...
Anthropic Revenue Run Rate Reportedly Crosses $65 Billion Ahead of IPO
3+ week, 5+ day ago (487+ words) CXO Digitalpulse Anthropic Revenue Run Rate Reportedly Crosses $65 Billion Ahead of IPO Anthropic’s annualized revenue run rate reportedly exceeded $65 billion at the end of July, reflecting a sharp increase in enterprise demand as the artificial-intelligence company prepares for a possible…...