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Analog Devices acquires Empower Semiconductor for $1.5B, forecasts strong revenue amid AI boom

Analog Devices announced a $1.5 billion acquisition of Empower Semiconductor to expand its AI-focused power management portfolio. The chipmaker also forecast third-quarter revenue of $3.9 billion, well above Wall Street estimates, driven by surging demand for power management semiconductors and sensor components across AI data centers and automotive systems.

Business8 sources

Analog Devices acquires Empower Semiconductor for $1.5B, forecasts strong revenue amid AI boom

Business8 sources

Sigma Computing raises $80M Series E funding at $3B valuation, pivots to agentic analytics

Sigma Computing has secured $80 million in Series E funding at a $3 billion valuation, doubling its worth in just one year. Led by Princeville Capital with participation from Databricks Ventures, ServiceNow Ventures, and Workday Ventures, the round signals the company's aggressive push into agentic analytics. The San Francisco-based firm now serves over 2,000 customers and reached $200 million in annual recurring revenue.

Startups2 sources

Sigma Computing raises $80M Series E funding at $3B valuation, pivots to agentic analytics

Startups2 sources

Decart raises $300M to scale world models and real-time AI across Amazon, Nvidia, and Google chips

Decart raises $300M in funding led by Radical Ventures, with backing from Nvidia, Sequoia, Adobe, and Toyota. The AI research lab is deploying real-time world models across gaming, retail, and robotics, with its Lucy2 model now running on Amazon's Trainium3 chips. The round values the two-year-old company at nearly $4 billion.

Technology2 sources

Decart raises $300M to scale world models and real-time AI across Amazon, Nvidia, and Google chips

Technology2 sources

NextEra Dominion merger creates $67 billion power giant as AI boom drives unprecedented energy demand

NextEra Energy is acquiring Dominion Energy in a $67 billion all-stock deal that would create the world's largest regulated electric utility by market value. The power deal targets surging AI power demand from data centers, particularly in Virginia's Data Center Alley, but faces regulatory scrutiny over concerns about electricity bills and market concentration.

Business6 sources

NextEra Dominion merger creates $67 billion power giant as AI boom drives unprecedented energy demand

Business6 sources

Publicis acquires LiveRamp for $2.2 billion to accelerate agentic AI business transformation

French advertising giant Publicis Groupe has agreed to acquire data collaboration platform LiveRamp for $2.2 billion, marking a strategic shift from traditional advertising execution to agentic AI transformation. The deal combines LiveRamp's data clean room technology with Publicis Epsilon's identity resolution assets to enable smarter AI agents that can autonomously handle complex business workflows.

Business5 sources

Publicis acquires LiveRamp for $2.2 billion to accelerate agentic AI business transformation

Business5 sources

Euan Blair's Multiverse hits $2.1bn valuation with $70M raise for AI workforce training push

London-based edtech company Multiverse has secured $70 million in funding at a $2.1 billion valuation to accelerate its AI workforce training expansion across Europe. The Euan Blair start-up, which grew revenue 50% year-on-year, is positioning itself as Europe's AI adoption platform to bridge the gap between AI tools and the workers who need to use them.

Startups3 sources

Euan Blair's Multiverse hits $2.1bn valuation with $70M raise for AI workforce training push

Startups3 sources

Unitree unveils $650K giant rideable mecha robot as company files for $7 billion IPO

Unitree Robotics unveiled the GD01, a 2.8-meter transformable mecha that a human pilot operates from an open cockpit. Priced at approximately $650,000, the robot switches between bipedal and quadrupedal modes in seconds. The launch comes as Unitree files for a $7 billion IPO, having shipped more humanoid robots than Tesla in 2025 and capturing 70% of the global quadruped robot market.

Technology3 sources

Unitree unveils $650K giant rideable mecha robot as company files for $7 billion IPO

Technology3 sources

Thrive Capital bets $100M on Shopify's AI commerce strategy as stock trades 46% below peak

Joshua Kushner's Thrive Capital has invested roughly $100 million in Shopify, framing the public-market bet as a wager on how AI will reshape commerce. The venture capital firm sees opportunity in the e-commerce platform's 40% stock decline this year, betting that AI-driven tools like agentic shopping will transform retail economics in ways the market hasn't yet priced in.

Business2 sources

Thrive Capital bets $100M on Shopify's AI commerce strategy as stock trades 46% below peak

Business2 sources

Anthropic's Cat Wu says proactive AI will anticipate needs before you know them

Cat Wu, head of product for Claude Code and Cowork at Anthropic, envisions a future where AI systems proactively understand workflows and automate tasks before users ask. Speaking at the Code with Claude conference, Wu outlined how the next phase of AI development will shift from reactive chatbots to intelligent collaborators that anticipate user needs, while emphasizing that human expertise remains essential for managing these increasingly autonomous systems.

Technology2 sources

Anthropic's Cat Wu says proactive AI will anticipate needs before you know them

Technology2 sources

65% of U.S. doctors now rely on OpenEvidence, a free AI tool most patients don't know about

OpenEvidence, a free AI-powered chatbot, has quietly become the go-to clinical decision tool for roughly 650,000 U.S. doctors across 27 million clinical encounters in April alone. The venture-backed tech unicorn valued at $12 billion generates revenue through pharmaceutical ads, raising questions about patient impact and medical judgment as adoption accelerates.

Health2 sources

65% of U.S. doctors now rely on OpenEvidence, a free AI tool most patients don't know about

Health2 sources

SoftBank posts $46 billion Vision Fund gain as OpenAI stake drives profit to $32 billion

SoftBank's annual net profit quadrupled to $32 billion, powered by a $46 billion gain at its Vision Fund from its massive OpenAI investment. The Japanese tech giant has invested over $30 billion in the ChatGPT maker, with plans to commit $60 billion total for 13% ownership. However, the concentration of OpenAI in its portfolio has prompted S&P Global Ratings to revise its outlook to negative.

Business2 sources

SoftBank posts $46 billion Vision Fund gain as OpenAI stake drives profit to $32 billion

Business2 sources

Anduril raises $5 billion, doubles valuation to $61 billion as defense tech spending surges

Anduril Industries closed a $5 billion Series H funding round, doubling its valuation to $61 billion from $30.5 billion just ten months ago. The defense tech company, founded by Palmer Luckey, develops AI-backed weapons and autonomous systems for the U.S. military. Revenue doubled to $2.2 billion in 2025 as the firm expands manufacturing operations in Ohio and Seattle.

Startups3 sources

Anduril raises $5 billion, doubles valuation to $61 billion as defense tech spending surges

Startups3 sources

Anthropic acquires Stainless for $300M, pulling key developer tools from OpenAI and Google

Anthropic has acquired Stainless, the SDK generation startup used by OpenAI, Google, and Cloudflare, for over $300 million. The deal removes a critical infrastructure supplier from competitors' hands as Anthropic winds down all hosted Stainless products by September 2026, forcing rivals to find alternative tooling solutions.

Technology7 sources

Anthropic acquires Stainless for $300M, pulling key developer tools from OpenAI and Google

Technology7 sources

SAP invests in n8n, embedding workflow automation into Joule Studio at $5.2 billion valuation

SAP has embedded n8n's workflow automation platform into Joule Studio, its agent-building environment, while taking a 1.3% stake that values the Berlin startup at $5.2 billion—double its previous valuation. The multi-year partnership positions n8n as the AI orchestration layer for SAP's 300,000 enterprise customers, connecting AI agents to more than 1,000 external systems.

Technology3 sources

SAP invests in n8n, embedding workflow automation into Joule Studio at $5.2 billion valuation

Technology3 sources

Major exchanges launch futures markets for AI computing power as GPU costs become tradable asset

CME Group and Intercontinental Exchange are launching the first futures markets for AI computing power, allowing investors and tech firms to hedge against volatile GPU rental costs. CME partners with Silicon Data while ICE teams with Ornn to create cash-settled contracts based on GPU pricing indices. The move signals that compute has evolved into a major tradable asset class.

Business4 sources

Major exchanges launch futures markets for AI computing power as GPU costs become tradable asset

Business4 sources

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