
Databricks Secures $4B in Series L, Valued at $134B
Databricks raises over $4 billion in Series L, achieving a $134 billion valuation to accelerate AI-first applications and support future research.

Databricks raises over $4 billion in Series L, achieving a $134 billion valuation to accelerate AI-first applications and support future research.

Brands plan to counter AI in 2026 by emphasizing human creativity and trust, driven by consumer fatigue and regulatory pressures.

AI stocks decline as debt and spending concerns impact Wall Street, with major indices slightly down and hyperscalers facing scrutiny.

Investors are increasing funding for Chinese AI companies due to cost advantages and rapid innovation, despite geopolitical tensions.

AI model Grok spread misinformation about the Bondi Beach shooting, conflicting with verified reports and raising concerns about AI-driven false narratives.

xAI faces challenges in converting consumer interest in its Grok chatbot into enterprise contracts, highlighting the gap between consumer buzz and enterprise sales.
The debate over a 'Made by Humans' label for consumer goods intensifies as AI-generated content rises, prompting discussions on authenticity and transparency.

Hannah Wong, OpenAI's Chief Communications Officer, departs amid internal challenges, marking another high-profile exit from the AI leader.

HPE plans to offer AMD Helios AI racks globally by 2026, integrating EPYC CPUs and Instinct GPUs for high-density AI infrastructure.

S&P 500 closes near 6,800 after Fed rate cut and amid AI concerns, reflecting mixed economic signals and investor caution.

Melissa Joan Hart reveals her experience with an AI-generated scam product, highlighting the growing issue of AI misuse in fraudulent activities.

Google launches an AI Playbook for Sustainability Reporting to streamline ESG efforts using tools like Gemini and NotebookLM.