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Lyzr AI raises $14.5M at $250 million valuation as enterprises race to deploy AI agents

Agentic AI startup Lyzr AI closed a $14.5 million funding round led by Accenture, quintupling its valuation to $250 million in just five months. The enterprise-grade agent platform helps companies build AI agents on their own infrastructure, keeping critical data in-house. With revenue surging over 300% quarterly and profitability expected by April, Lyzr is capturing demand from financial services, healthcare, and insurance sectors.

Startups2 sources

Lyzr AI raises $14.5M at $250 million valuation as enterprises race to deploy AI agents

Startups2 sources

Nscale raises $2 billion Series C funding, adds Sheryl Sandberg and Nick Clegg to board

UK-based AI data center startup Nscale has raised $2 billion in Series C funding at a $14.6 billion valuation, more than doubling its worth from last September. The round was led by Aker ASA and 8090 Industries, with participation from Nvidia, Dell, Lenovo, and Nokia. Former Meta executives Sheryl Sandberg and Nick Clegg join the board alongside Susan Decker, bringing high-profile expertise as Nscale races to build GPU-dense infrastructure across Europe, North America, and Asia.

Startups8 sources

Nscale raises $2 billion Series C funding, adds Sheryl Sandberg and Nick Clegg to board

Startups8 sources

KKR eyes $3 billion sale of CoolIT Systems as data center cooling demand surges

Private equity firm KKR is working with advisers on a potential sale of CoolIT Systems for over $3 billion. The data center cooling company specializes in liquid cooling technologies for AI and computing systems. The move reflects surging demand in the data center industry as high-powered AI and cloud servers require advanced cooling solutions beyond traditional air systems.

Business3 sources

KKR eyes $3 billion sale of CoolIT Systems as data center cooling demand surges

Business3 sources

AI disruption triggers $100 billion market value erosion in Indian IT sector as foreign investors flee

India's IT giants face an unprecedented crisis as artificial intelligence fears trigger massive foreign outflows and market value losses. TCS alone has shed nearly $100 billion since 2021, while the Nifty IT index recorded its worst monthly drop since 2008. Yet some analysts see this as a contrarian buying opportunity rather than an existential threat.

Business8 sources

AI disruption triggers $100 billion market value erosion in Indian IT sector as foreign investors flee

Business8 sources

OpenAI steps back from direct ChatGPT bookings, sending online travel agencies stocks soaring

OpenAI has decided to scale back its plans to integrate direct bookings into ChatGPT, triggering a major rally in online travel agencies stocks. Expedia surged over 12%, while Booking Holdings and Tripadvisor rose 8% and 5% respectively. The decision eases fears that AI chatbots would bypass traditional travel intermediaries.

Business2 sources

OpenAI steps back from direct ChatGPT bookings, sending online travel agencies stocks soaring

Business2 sources

SoftBank seeks record $40 billion loan to fund OpenAI investment as AI bet intensifies

SoftBank is pursuing a record $40 billion loan to finance its massive investment in OpenAI, marking its largest-ever dollar-denominated borrowing. The 12-month bridge loan, underwritten by JPMorgan and other lenders, underscores Masayoshi Son's aggressive positioning in the AI boom. However, S&P's recent credit outlook downgrade highlights concerns about liquidity and the risks of an AI bubble.

Business3 sources

SoftBank seeks record $40 billion loan to fund OpenAI investment as AI bet intensifies

Business3 sources

Eight Sleep raises $50M at $1.5B valuation to build predictive AI agent for sleep optimization

Sleep technology company Eight Sleep secured $50 million in strategic funding led by Tether Investments, reaching a $1.5 billion valuation. The company plans to develop a sleep-focused AI agent trained on over 1 billion hours of sleep data while advancing FDA filings for sleep apnea detection and expanding globally across 34 countries.

Startups2 sources

Eight Sleep raises $50M at $1.5B valuation to build predictive AI agent for sleep optimization

Startups2 sources

Neura Robotics Raises €1 Billion to Build AI-Powered Humanoid Robots Backed by Tether

German robotics startup Neura Robotics is raising €1 billion ($1.2 billion) in a funding round backed by stablecoin issuer Tether Holdings to develop artificial intelligence-powered humanoid robots. The round values the Metzingen-based company at €4 billion, down from earlier estimates of €8-10 billion, as investors bet on humanoids as the next wave of AI innovation.

Startups2 sources

Neura Robotics Raises €1 Billion to Build AI-Powered Humanoid Robots Backed by Tether

Startups2 sources

Accenture acquires Ookla for $1.2B to power AI-driven network intelligence across enterprises

Accenture has agreed to acquire Ookla, owner of Speedtest and Downdetector, for $1.2 billion in cash from Ziff Davis. The deal positions Accenture to integrate real-time connectivity data into enterprise services, helping telecom operators, cloud providers, and businesses optimize networks that support AI adoption and digital infrastructure as network performance becomes critical to scaling AI systems.

Business3 sources

Accenture acquires Ookla for $1.2B to power AI-driven network intelligence across enterprises

Business3 sources

SoftBank Credit Outlook Downgraded After Doubling Down on OpenAI with $30 Billion Investment

S&P Global has lowered SoftBank's credit outlook from stable to negative following the Japanese investment firm's decision to pour an additional $30 billion into OpenAI. The ratings agency identifies OpenAI as one of SoftBank's investments with the weakest credit quality, raising concerns about portfolio liquidity and the company's loan-to-value ratio as AI bets intensify.

Business2 sources

SoftBank Credit Outlook Downgraded After Doubling Down on OpenAI with $30 Billion Investment

Business2 sources

Intuit fights SaaSpocalypse with 40-year data moat while partnering with OpenAI and Anthropic

Intuit has lost over 40% of its market capitalization as investors fear AI agents could replace traditional SaaS tools like QuickBooks and TurboTax. CEO Sasan Goodarzi pushes back, arguing that 40 years of proprietary small business data and partnerships with OpenAI and Anthropic give the company a durable competitive advantage in regulated finance markets.

Business2 sources

Intuit fights SaaSpocalypse with 40-year data moat while partnering with OpenAI and Anthropic

Business2 sources

MiniMax revenue growth hits 159% as China AI pioneer expands global footprint after Hong Kong IPO

Chinese artificial intelligence startup MiniMax reported a 159% surge in revenue to $79 million in its first earnings since raising $614 million in its Hong Kong IPO. The company, valued at $30 billion, is positioning itself as a global AI platform with multimodal capabilities, though it faces mounting losses and increasing scrutiny as it expands internationally.

Business4 sources

MiniMax revenue growth hits 159% as China AI pioneer expands global footprint after Hong Kong IPO

Business4 sources

ChatGPT reaches 900 million active users as OpenAI secures $110 billion in historic funding

OpenAI announced that ChatGPT has reached 900 million weekly active users and 50 million paying subscribers, marking one of the fastest adoption curves in consumer technology history. The milestone comes alongside a massive $110 billion funding round led by Amazon, Nvidia, and SoftBank, valuing the company at $730 billion.

Business4 sources

ChatGPT reaches 900 million active users as OpenAI secures $110 billion in historic funding

Business4 sources

SaaSpocalypse fears grip markets as AI agents challenge traditional SaaS business model

The SaaS industry faces mounting pressure as AI agents enable companies to build software in-house, threatening per-seat pricing models. Investor fears wiped nearly $1 trillion from software stocks in February, with Salesforce and Workday sliding. Yet venture investors argue this isn't the death of SaaS—it's an evolution demanding AI-native approaches and vertical specialization.

Business6 sources

SaaSpocalypse fears grip markets as AI agents challenge traditional SaaS business model

Business6 sources

CoreWeave shares plunge 13% as $35 billion AI spending plan triggers investor concerns

CoreWeave's stock tumbled after the AI cloud infrastructure provider announced plans to more than double capital expenditure to $35 billion in 2026. The company posted a wider-than-expected loss of 89 cents per share while revenue hit $1.57 billion. Despite a $66.8 billion revenue backlog and partnerships with OpenAI and Microsoft, investors worry about margin pressure and the company's ability to deliver returns on massive infrastructure investments.

Business10 sources

CoreWeave shares plunge 13% as $35 billion AI spending plan triggers investor concerns

Business10 sources

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