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04 Sept 2025

Atlassian Acquires The Browser Company for $610M, Aims to Revolutionize Browsers for Knowledge Workers

Atlassian has acquired The Browser Company for $610 million, with plans to develop an AI-powered browser optimized for knowledge workers and SaaS applications.

19 Sources

Veterans Spearhead Europe's Defence Tech Revolution Amid Ukraine War Investment Surge

Military veterans are leading a transformation in Europe's defence technology sector, leveraging their expertise to drive innovation and attract unprecedented investment. The Ukraine war has catalyzed this shift, creating new opportunities for soldier-entrepreneurs.

3 Sources

Elon Musk's xAI Secures Temporary Restraining Order Against Former Engineer in OpenAI Dispute

A California court has granted xAI a temporary restraining order against former engineer Xuechen Li, preventing him from working on generative AI at OpenAI amid accusations of trade secret theft.

2 Sources

Broadcom Secures $10 Billion AI Chip Order, Likely from OpenAI, Fueling Market Surge

Broadcom has announced a significant $10 billion custom AI chip order from a new, unnamed customer, widely believed to be OpenAI. This landmark deal is set to substantially boost Broadcom's AI revenue and has caused its stock to surge.

47 Sources

Mistral AI: Europe's AI Powerhouse Nears $14 Billion Valuation in Latest Funding Round

Mistral AI, a French startup challenging OpenAI, is reportedly finalizing a €2 billion investment that would value the company at $14 billion. This funding round solidifies Mistral's position as one of Europe's most valuable tech startups and a key player in the continent's AI strategy.

5 Sources

CoreWeave Acquires OpenPipe to Bolster AI Agent Training Capabilities

CoreWeave, a cloud infrastructure company specializing in AI workloads, has acquired OpenPipe, a startup focused on reinforcement learning for AI agent training. This move aims to enhance CoreWeave's AI platform and expand its services in the rapidly growing field of customized AI solutions.

3 Sources

xAI's CFO Mike Liberatore Departs Amid Executive Exodus at Elon Musk's AI Startup

Mike Liberatore, CFO of Elon Musk's AI company xAI, has left after just three months, marking the latest in a series of high-profile executive departures from the startup.

9 Sources

Scale AI Sues Rival Mercor Over Alleged Trade Secret Theft

Scale AI, a leading AI data-labeling firm, has filed a lawsuit against competitor Mercor and a former employee, Eugene Ling, alleging the misappropriation of confidential documents and trade secrets.

5 Sources

You.com Secures $150M Funding, Pivots to Enterprise AI Solutions

You.com, formerly an AI-powered search engine, raises $150 million in a Series C round, reaching a $1.5 billion valuation. The company shifts focus to providing AI APIs for enterprise applications.

2 Sources

Eudia: The AI-Powered Legal Startup Challenging Traditional Law Firms

Eudia, a legal AI startup, launches an "AI-augmented" law firm in Arizona, aiming to revolutionize corporate legal services and challenge the billable hour model.

2 Sources

Cato Networks Acquires Aim Security and Raises $50M to Bolster AI-Driven Cybersecurity

Israeli cybersecurity firm Cato Networks acquires AI security startup Aim Security and raises an additional $50 million, highlighting the growing importance of AI in enterprise security.

4 Sources

ID.me Secures $340 Million in Funding, Reaching $2 Billion Valuation to Combat AI-Driven Fraud

ID.me, a digital identity wallet provider, has raised $340 million in a Series E funding round, valuing the company at over $2 billion. The funding will be used to expand secure digital access and combat the growing threat of AI-driven fraud.

3 Sources

03 Sept 2025

HappyRobot Secures $44 Million to Expand AI-Powered Supply Chain Automation

HappyRobot, an AI startup specializing in supply chain automation, has raised $44 million in a Series B funding round, bringing its total funding to $62 million. The company's AI agents automate critical communication tasks for freight operators, aiming to revolutionize supply chain management.

6 Sources

Sierra, AI Agent Startup Led by Ex-Salesforce Co-CEO, Raises $350M at $10B Valuation

Sierra, an AI agent startup founded by former Salesforce co-CEO Bret Taylor, has secured $350 million in funding, reaching a $10 billion valuation. The company specializes in building AI agents for enterprise customer service.

7 Sources

OpenAI Acquires Statsig for $1.1 Billion, Reshapes Leadership Team

OpenAI makes a significant move by acquiring product testing startup Statsig for $1.1 billion, appointing its CEO as CTO of Applications, and restructuring its leadership team to focus on AI-powered scientific discovery and B2B applications.

13 Sources

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