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24 Sept 2026
CoreWeave attracts bullish ratings from UBS, JPMorgan and William Blair despite carrying $35.6 billion in debt. The AI cloud provider reported 112% revenue growth to $2.58 billion and nearly $104 billion in sales backlog. Analysts see pricing power offsetting debt concerns as demand for AI processing power tightens.
8 Sources
Lowe's has launched a drone delivery service in partnership with DoorDash and Alphabet's Wing, marking a first for the home improvement retail sector. The pilot program in Matthews, North Carolina offers 20-minute delivery of over 100 products within a 5-mile radius, addressing a critical pain point for DIY and pro shoppers who need items mid-project.
3 Sources
Chinese AI startup DeepSeek's annualised revenue run rate has surged to $1 billion, more than doubling in just months. The growth comes from a 2.3 to 4.5 times API price increase and sustained demand. DeepSeek is finalizing a $7.5 billion funding round at a $74 billion valuation as it prepares for an IPO on Shanghai Stock Exchange.
5 Sources
MIT research reveals 95% of enterprise AI initiatives fail to deliver measurable ROI across $30bn-$40bn in spending. Zapier's AI transformation playbook shows why organizational design matters more than tools, generating $1.2m from a single redesigned workflow while achieving near-universal AI adoption across teams.
11 Sources
China's livestream shopping industry confronts slower growth and AI disruption as digital hosts reduce costs by 80-90%. Li Jiaqi, who sold billions to 100 million followers, argues human hosts remain essential despite JD.com offering free AI hosting since December 2025. Regulatory efforts now require disclosure of AI-generated content.
2 Sources
Dan Ives launched a closed-end fund offering retail investors access to private AI companies fueling the AI revolution. The Ives Ultra AI Opportunities fund raised $200 million through an IPO and began trading on the New York Stock Exchange under ticker IVAI. The fund targets late-stage AI startups, addressing investor demand for exposure to high-growth private companies.
4 Sources
Biotech startup Enveda closed a $311 million Series E at a $2 billion valuation to advance AI-discovered drug candidates targeting severe skin conditions, weight loss maintenance, and inflammatory diseases. The Boulder-based company has moved three nature-derived compounds into human trials using its PRISM platform.
23 Sept 2026
UiPath announced an expanded partnership with BDO USA to develop agentic AI solutions for enterprise functions including risk management and compliance. Despite AI-driven product innovations showcased at Fusion 2026, the stock faces mixed analyst sentiment with price targets ranging from $10 to $22.
Quanome Technologies signed an $18.8 million purchase agreement for NVIDIA GPU-powered computing infrastructure to develop its AI cloud business through subsidiary XDT Infrastructure I, LLC. The company plans to launch its first US AI infrastructure hub by Q4 2026, offering managed AI computing capacity to businesses without requiring them to build their own infrastructure.
BlackRock published research arguing AI agents will drive crypto demand through stablecoins and programmable payment rails. The world's largest asset manager sees autonomous systems needing machine-native money for micro-transactions, with stablecoin volume hitting $11 trillion in 2025.
Microsoft announced plans to invest over $10 billion across the United Arab Emirates, Saudi Arabia, Qatar, and Kuwait by 2030, focusing on cloud and AI infrastructure. Vice Chair Brad Smith confirmed the aggressive spending schedule continues despite ongoing geopolitical tensions, with digital resilience becoming a central pillar of the company's regional strategy.
Rain Enhancement Technologies and Tensor Networks have signed a binding letter of intent for a business combination that would bring AI infrastructure security technology to RAIN's publicly traded holding company. The all-stock transaction values Tensor Networks at approximately 90% of the combined entity and is expected to close in Q1 2027.
Verizon unveiled a $70 million AI training initiative partnering with Google, Microsoft, OpenAI and nonprofits like Goodwill Industries to provide free AI skills education to hundreds of thousands of Americans. CEO Dan Schulman calls on Fortune 100 companies to match the investment, warning that workforce development is essential for democracy and economic stability.
Amazon is reaching out to former employees, including laid-off workers, to fill AI and cloud computing positions through its Boomerang Reengagement Initiative. The tech giant cut 30,000 jobs in the past year but continues hiring for strategic AI roles as it competes with Google, OpenAI, Meta, and Anthropic for talent.
Fastly stock experienced dramatic volatility following its Investor Day, surging 16.2% after revelations showed it handles 29.3% of Meta Muse AI assistant traffic. The rally reversed with a 6.9% drop as analysts questioned whether AI traffic volumes translate to meaningful profits despite new AI security products.
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