Anthropic ended May by overtaking OpenAI in business market share for the first time, according to data from Ramp, with AI subscriptions rising to 41% against OpenAI’s 39.5%. The milestone coincided with a $65 billion raise at a near-trillion-dollar valuation and the confidential filing of IPO paperwork off the back of its first profitable quarter.…

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The question businesses spent three years debating has been settled. Whether to adopt AI is no longer a strategic choice. The conversation has moved on, and what replaced it is harder, more expensive, and far more consequential: how to deploy AI in a way that actually changes the P&L. In 2026, nearly nine in ten…

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Insider Brief Odyssey has raised $310 million in a Series B round that values the startup at $1.45 billion, with participation from investors including Natural Capital, Amazon, AMD Ventures, GV and EQT. The company develops AI worldmodels designed to simulate and predict how people, objects and environments interact, with potential applications in robotics, autonomous systems,…

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Insider Brief RELAI has raised $6.9 million in total funding, including a $5.4 million pre-seed round led by .406 Ventures with participation from AITFund and other strategic investors, to scale its verifiable continual learning platform for AI agents. Founded by Soheil Feizi, an associate professor at the University of Maryland and 2025 Presidential Early Career Award…

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Robinhood is laying off roughly 290 employees, representing 10% of its full-time workforce, in a restructuring that stands out for what it does not say. CEO Vlad Tenev made no reference to artificial intelligence in his note to staff, a deliberate departure from peers at Amazon, Coinbase, GitLab, and Intuit, who have framed similar cuts…

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Insider Brief Flux, the code-first engineering intelligence platform, has raised $5 million in new funding led by Calibrate Ventures, with participation from existing investors True Ventures and Glasswing Ventures, to accelerate product development and go-to-market efforts. The platform gives engineering leaders ground-truth visibility into codebases by analyzing code changes directly rather than relying on manually…

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Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. SpaceX’s splashy IPO debut was less than a week ago, but the surging stock has already helped shore up another part of Elon Musk’s empire. The $SPCX windfall just bankrolled a $60B takeover of Cursor, a deal Musk optioned back…

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Four days after Washington cut foreign access to Anthropic’s top models, the fallout is clear — and it’s flowing to everyone but Anthropic. Cohere says it’s drowning in government inbounds, DeepSeek just closed a record $7.4B round, and China’s labs are slashing token prices up to 99%. The export control meant to protect America’s AI…

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Government ministries are deploying Google Cloud generative AI across municipal agencies to automate council planning operations. Public sector administration handles vast volumes of unstructured data that delay infrastructure development. The UK central government established a target to construct 1.5 million new homes by 2029. Local planning authorities encounter administrative backlogs caused by dense paperwork, delaying…

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SpaceX has agreed to acquire AI coding startup Cursor in a $60 billion all-stock deal, just days after completing the largest IPO in history, which raised nearly $86 billion and debuted the company at a $1.7 trillion valuation. Since going public on Friday, SpaceX stock has climbed from its IPO price of $135 to more…

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