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ElevenLabs raises $500M at $11 billion valuation, more than tripling value in one year

Voice AI company ElevenLabs has secured $500 million in a funding round led by Sequoia Capital, pushing its valuation to $11 billion—more than three times its $3.3 billion valuation from January 2025. The London-based startup closed 2025 with over $330 million in annual recurring revenue and plans to expand beyond voice into AI agents that can talk, type, and take action while pursuing an IPO.

Startups11 sources

ElevenLabs raises $500M at $11 billion valuation, more than tripling value in one year

Startups11 sources

ChatGPT ads arrive for free users as OpenAI tests new revenue model amid industry scrutiny

OpenAI has begun testing ads in ChatGPT for free and Go subscription users in the US, marking a major shift in its business model. The move drew immediate criticism from rival Anthropic, which aired Super Bowl commercials mocking AI advertising. While OpenAI promises ads won't influence responses or compromise privacy, consumer research shows 83% of users will tolerate ads for free access.

Technology34 sources

ChatGPT ads arrive for free users as OpenAI tests new revenue model amid industry scrutiny

Technology34 sources

Anthropic's Claude AI Sparks $1 Trillion Market Disruption as Software Stocks Tumble

Anthropic's release of new AI tools for its Claude platform triggered massive sell-offs across software and data provider stocks, wiping out over $1 trillion in market value. The AI company's vertical-specific plugins and powerful Claude Opus 4.6 model raised concerns that AI agents could fundamentally undermine traditional SaaS business models, while simultaneously fueling worries about AI-driven groupthink among financial analysts.

Technology47 sources

Anthropic's Claude AI Sparks $1 Trillion Market Disruption as Software Stocks Tumble

Technology47 sources

Anthropic's AI legal tool triggers massive sell-off in software stocks across Europe and India

Anthropic unveiled new AI automation tools that sent shockwaves through global markets. European legal software firms RELX and Wolters Kluwer plunged over 10%, while Indian IT exporters saw their worst day since 2020 with a 6.3% drop. The tools automate legal work, sales, and data analysis, raising fears about the future of labor-intensive business models.

Business29 sources

Anthropic's AI legal tool triggers massive sell-off in software stocks across Europe and India

Business29 sources

Palantir's earnings surge signals enterprise AI spending boom amid software sector slump

Palantir Technologies reported record fourth-quarter earnings with revenue of $1.41 billion, crushing Wall Street expectations and issuing a bullish 2026 revenue forecast of 61% growth. The data analytics company's U.S. commercial segment exploded 137% year-over-year, while its Rule of 40 score hit an unprecedented 127%, demonstrating that enterprises are aggressively adopting AI despite broader software sector concerns.

Business9 sources

Palantir's earnings surge signals enterprise AI spending boom amid software sector slump

Business9 sources

Waymo raises $16 billion to accelerate global robotaxi expansion across 20 new cities

Alphabet's autonomous vehicle unit Waymo has secured $16 billion in a funding round that values the self-driving car company at $126 billion, nearly tripling its 2024 valuation. The company plans to expand its robotaxi service from 10 US cities to over 20 metropolitan areas globally in 2026, including London and Tokyo, while providing more than 400,000 rides weekly.

Business6 sources

Waymo raises $16 billion to accelerate global robotaxi expansion across 20 new cities

Business6 sources

OpenAI races toward fourth-quarter IPO as AI companies face profitability pressure

OpenAI is preparing for a fourth-quarter 2026 initial public offering, hiring finance executives and holding talks with Wall Street banks. Valued at $500 billion but unprofitable until 2030, the company faces mounting questions about whether AI companies can justify their massive infrastructure costs. The move comes as rival Anthropic projects breaking even two years earlier.

Business2 sources

OpenAI races toward fourth-quarter IPO as AI companies face profitability pressure

Business2 sources

SanDisk forecasts massive profit surge as AI storage demand drives flash storage boom

SanDisk predicted fiscal third-quarter revenue of $4.6 billion and adjusted profit of $14 per share, dramatically exceeding Wall Street estimates of $2.77 billion and $4.37 respectively. The data storage firm extended its supply agreement with Kioxia Corp through 2034 as AI fuels storage demand across data centers, with shares surging 19% in premarket trading.

Business3 sources

SanDisk forecasts massive profit surge as AI storage demand drives flash storage boom

Business3 sources

SpaceX acquires xAI as Elon Musk bets big on 1 million satellite constellation for orbital AI

Elon Musk has merged SpaceX with xAI in a bold move to deploy up to 1 million satellites as orbital data centers. The SpaceX xAI merger creates a $1.25 trillion entity aimed at solving AI's growing energy demands by harnessing solar power in space. The plan marks a significant bet on space-based computing infrastructure.

Technology102 sources

SpaceX acquires xAI as Elon Musk bets big on 1 million satellite constellation for orbital AI

Technology102 sources

Palladyne AI stock surges 25% after securing Air Force contract for multi-domain swarming tech

Palladyne AI shares jumped 25% following news of an Air Force Research Laboratory contract to develop advanced swarming capabilities. The HANGTIME project will use the company's SwarmOS platform to connect autonomous systems across space, air, maritime, and land domains, marking the first time its technology will integrate satellites.

Technology2 sources

Palladyne AI stock surges 25% after securing Air Force contract for multi-domain swarming tech

Technology2 sources

C3.AI in merger talks with Automation Anywhere as startup eyes public market entry

Enterprise artificial intelligence software provider C3.AI is negotiating a merger with privately held startup Automation Anywhere, according to The Information. If the deal materializes, Automation Anywhere would acquire C3.AI and go public as a result, marking a significant consolidation in the enterprise AI software market.

Business2 sources

C3.AI in merger talks with Automation Anywhere as startup eyes public market entry

Business2 sources

Amazon and SoftBank lead $100 billion OpenAI funding round as tech giants bet big on ChatGPT maker

Amazon is negotiating a $50 billion investment in OpenAI as part of a massive $100 billion funding round that could value the AI company at $830 billion. SoftBank is also in talks to invest up to $30 billion more, while Microsoft and Nvidia consider joining. The capital raise comes as OpenAI faces mounting costs and investor concerns about its ability to deliver returns on its $1.4 trillion in spending commitments.

Business16 sources

Amazon and SoftBank lead $100 billion OpenAI funding round as tech giants bet big on ChatGPT maker

Business16 sources

Anthropic doubles funding target to $20B as enterprise AI revenue surges toward $18B in 2026

Anthropic has doubled its latest venture capital funding target from $10 billion to $20 billion at a $350 billion valuation, driven by booming investor demand. The AI company behind Claude large language models is projecting $18 billion in revenue for 2026—a 180% jump fueled by enterprise customers. With 85% of revenue now coming from corporate contracts, Anthropic is positioning itself as a formidable OpenAI competitor in the enterprise AI adoption race.

Business8 sources

Anthropic doubles funding target to $20B as enterprise AI revenue surges toward $18B in 2026

Business8 sources

Anthropic CEO Warns AI Wealth Concentration Could Break Society as Cofounders Pledge 80% of Fortune

Anthropic CEO Dario Amodei warns that AI's economic impact could create wealth concentration levels that break society, comparing today's inequality to the Gilded Age. All seven billionaire cofounders are pledging to donate 80% of their wealth—potentially tens of billions—as the company's valuation soars to $350 billion and concerns mount over significant job disruption.

Business2 sources

Anthropic CEO Warns AI Wealth Concentration Could Break Society as Cofounders Pledge 80% of Fortune

Business2 sources

AI chip startup Ricursive Intelligence hits $4B valuation two months after launch

Ricursive Intelligence raised $300 million at a $4 billion valuation just two months after launching. Founded by former Google researchers behind AlphaChip, the AI chip startup aims to use AI systems to design and automatically improve AI accelerators. The Series A round was led by Lightspeed Ventures with participation from NVIDIA's NVentures and DST Global.

Startups2 sources

AI chip startup Ricursive Intelligence hits $4B valuation two months after launch

Startups2 sources

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