Category: Ai updates
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Databricks is Raising a Strategic Round of Funding at a $188B Valuation
Insider Brief Databricks, the Data and AI company, has announced strategic funding at a $188 billion valuation, signing a term sheet for a round led by existing investor Coatue, with additional new and existing investors, expected to close later this summer. The capital will accelerate Databricks’ AI strategy, doubling down on Unity AI Gateway for…
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Moonshot’s Kimi K3 closes the frontier gap
Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. Anthropic and OpenAI have spent 2026 trading the frontier crown back and forth. Nobody had a third seat at that table reserved for an open-source lab from Beijing. Moonshot AI’s latest release is a DeepSeek-type moment for 2026, with its…
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Bunkerhill raises $55M to scale agentic AI across health systems
Bunkerhill Health has raised $55 million to scale its agentic AI platform, Carebricks. The closing of the company’s Series B round, announced today, folds in continued participation from Sequoia Capital, Felicis, Optum Ventures, and Y Combinator. However, a funding total doesn’t answer the key question any hospital executive wants to know about healthcare AI: does…
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Microsoft Uses AI to Drive Record Security Patches While Sharpening Sales Pitch Against Rivals
Microsoft is leaning further into AI, both to strengthen its security practices and to sharpen its competitive positioning against rival AI companies. The company issued patches for 570 security vulnerabilities this week as part of its monthly “Patch Tuesday” release, a record high that Microsoft attributed to its expanded use of AI to help discover…
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OpenAI Enters Hardware Market With Codex Micro Keyboard as Bigger AI Device Plans Emerge
OpenAI is entering the hardware market with the launch of the Codex Micro, a $230 light-up keyboard co-designed with Work Louder to pair with its AI coding assistant, Codex. The device features light-up “Agent Keys” showing agent status, customizable shortcut keys, a joystick for common workflows, and a dial to adjust how much computing power…
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25 London-Based AI Scale-Ups You Need to Know in 2026
London has quietly become one of the deepest benches of applied AI talent outside Silicon Valley. The city’s scale-ups are not chasing headlines about general intelligence; they are automating trade finance paperwork, giving enterprises governance over their AI agents, teaching drones to inspect infrastructure, and rebuilding customer service, wealth management, and surgical imaging around machine…
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Hyundai Moving to Buy SoftBank’s Remaining Stake in Boston Dynamics
Insider Brief Hyundai is looking to buy the rest of Boston Dynamics from SoftBank, which has held a 20% stake since Hyundai acquired controlling interest in 2021. Hyundai said the move follows SoftBank’s exercise of a put option and remains subject to internal approvals, settlement procedures and decisions by the relevant parties. Hyundai said the…
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Agave Secures $15M Series A to Bring AI to Construction Financials
Insider Brief Agave, the AI platform for construction financials, has raised a $15 million Series A led by Accel, with continued participation from Y Combinator, bringing total funding to over $20 million since its 2021 founding by Tom Reno, John Zucchi, and Pooria Azimi. The company has been profitable for over two years, tripled revenue…
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MDOTM Announces $27M to Expand AI-Powered Investment Platform for Institutional Investors
MDOTM, a London-based wealth and asset management fintech, has raised $27 million in growth funding to accelerate the expansion of its AI-powered investment platform. The round was led by Expedition Growth Capital and will support product development, international expansion, and continued investment in AI capabilities for portfolio management. MDOTM’s platform uses AI to help asset…
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Apple Expands Siri AI Overhaul With Public Beta and Wins Regulatory Approval for China Launch
Apple advanced its AI ambitions on two fronts this week, releasing the public beta of its overhauled Siri AI assistant and securing regulatory approval to bring Apple Intelligence to China. The iOS 27 public beta marks the first time Apple has made its AI-powered Siri available to a wide audience beyond developers, offering a major…
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