Amazon Buys Fauna Humanoid Startup
Amazon bought humanoid robotics startup Fauna Robotics last week, Bloomberg reported Tuesday. Amazon plans to continue selling Fauna’s humanoid robot Sprout, which costs $50,000 and stands at just t...
The Math Behind Anthropic’s Mad Revenue Growth
OpenAI and Anthropic’s remarkable revenue growth has invited scrutiny of how the AI startups are tallying the headline-making figures they have privately or publicly disclosed.Last month, OpenAI’s...
SpaceX Aims to File for IPO as Soon as This Week
SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, according to a person with direct knowledge of the plans. The confidential filing will fo...
Spade Raises $40 Million to Drive Transaction Data Analysis
Spade raised $40 million in a Series B funding round to grow its platform that helps banks and FinTechs turn transaction data into actionable insights.
The company will use the new funding...
OpenAI Wrongfoots Disney
Walt Disney Co. must be so glad it committed to investing $1 billion in OpenAI and becoming a customer of the ChatGPT creator. The theme park and entertainment firm agreed to both steps as part of a d...
FTC Seeks to Ban Air AI From Marketing Business Opportunities
The Federal Trade Commission (FTC) said Tuesday (March 24) that it has reached a settlement with Air AI in which the company and its owners will be banned from marketing business opportunities.
...
Braze Earnings Show AI Push and Enterprise Demand Gain Ground
Braze is using its latest earnings report to make a broader point about where customer engagement software is heading. The issue in this quarter was not just growth. It was whether large brands are tr...
OpenAI Abandons Its Sora Video Platform to Focus on Super App
OpenAI is reportedly scrapping its Sora video platform as it narrows its focus toward high-productivity coding and agentic tools, according to The Wall Street Journal.
This shift marks a re...
