Author: Ai
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A quarter of Nvidia’s business next year comes from labs it is financing
Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet will contribute toward roughly a quarter of its business…
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Lightberry Introduces Interacting Humanoid Robot Called ‘Lumi’
Insider Brief Lightberry introduced Lumi, a humanoid robot built on Unitree’s G1 platform and designed for interaction with people through conversation, guidance, information lookup and other tasks. Lumi combines Lightberry OS and an SDK with Nvidia Jetson Thor compute, 34 degrees of freedom, a 421 Wh battery, dual 1920 × 1200 cameras and a beamforming…
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Starcloud Closes $250M Extension to Scale Orbital AI Data Centers, Reaching $2.3B Valuation
Starcloud, a startup building satellites capable of performing AI inference in orbit, has added a $250 million extension to its March Series A round, bringing total funding to $420 million and valuing the company at $2.3 billion. The round was led by Manhattan West Ventures, with participation from Nvidia, which reportedly contributed $25 million, along…
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Corvus Robotics Raises $20M in New Funding, Names Co-Founder Mohammed Kabir CEO
Insider Brief Corvus Robotics raised $20 million in new funding led by Catalyst Investors, with participation from S2G Investments, Spero Ventures, F7 Ventures and new investor Cibus Capital, bringing total funding to $38 million. Co-founder and CTO Mohammed Kabir has been named CEO, succeeding co-founder Jackie Wu, who is stepping down for health reasons and…
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Agentic AI in the Enterprise: What’s Working and What’s Not
The gap between what agentic AI promises and what most enterprises can actually point to has become the defining tension of 2026. Ask a leadership team whether the company is investing enough in AI agents and the answer is almost always yes. Ask which specific workflows are measurably better because of them, and the room…
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Qualcomm Launches Comprehensive Robotics Investment Initiative in Japan, Anchored by New Qualcomm Japan Robotics Center
Insider Brief Qualcomm Technologies plans to launch a long-term investment initiative in Japan focused on robotics, physical AI and industrial automation, anchored by a planned Qualcomm Japan Robotics Center. The initiative will focus on collaborative R&D, ecosystem support, global commercialization and selected physical AI deployments, though Qualcomm did not disclose an investment amount or opening…
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UK Startup Callosum Announces $100M in Funding to Build Interoperable AI Compute Platform
Callosum, a UK-based startup, has raised a $100 million seed round to build an integration platform aimed at making AI and other compute-heavy workloads faster, cheaper, and more energy-efficient by allowing multiple hardware and infrastructure vendors to work together. The round, one of the largest seed raises in European history, was led by Atomico, with…
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Rillet Secures $100M as AI-Native ERP Platform Hits $1B Valuation
Rillet, a San Francisco-based developer of AI-native enterprise resource planning infrastructure, has secured a $100 million Series C round led by ICONIQ, valuing the company at $1 billion. The round, which included Sequoia, Andreessen Horowitz, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, and Creandum, marks Rillet’s third raise in a single…
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Bill Gates Proposes “Robot Tax” and Protected Jobs to Address AI’s Labor Impact
Bill Gates has published a lengthy essay on his Gates Notes site outlining proposals to manage the social and economic disruption posed by AI. The Microsoft co-founder expressed broad support for the Responsible AI movement, backing the goals of Pacing the Frontier, an open letter from AI employees calling for a slowdown in development, though he voiced…
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Twin1 AI Raises $20M Seed Round Co-Led by Bessemer Venture Partners, Tribeca Venture Partners and Aramco Ventures, to Build Digital AI Twins for Professional Knowledge Workers
Insider Brief Twin1 AI launched from stealth with a $20 million seed round co-led by Bessemer Venture Partners, Tribeca Venture Partners, and Aramco Ventures, funding expansion in San Mateo, CA and London, UK. Founded in 2025 by Dr. Lewis Z. Liu, Tom Cahn, Huiting Liu, and Dr. Jonathan Budd, the platform gives professionals privacy-controlled AI…
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