AI accounting startup Maxima has raised $41 million in a Kleiner Perkins and Redpoint-backed round, pushing its valuation to $143M. The year-old San Mateo firm is gaining traction with its AI-first platform that automates enterprise accounting workflows.
Anthropic is set to raise $15 billion from Microsoft and Nvidia while committing $30 billion to Microsoft Azure in a landmark AI-cloud deal that strengthens its model development pipeline and reshapes the global AI infrastructure race.
Michael Burry, famed for predicting the 2008 housing crash, has deregistered his hedge fund Scion Asset Management and hinted at a new venture launching November 25.
Backed by high-profile investors, Valar Atomics is pushing forward with its Utah test reactor to redefine clean industrial energy through advanced nuclear technology.
OmniOps and Groq join forces to deploy sovereign, high-performance AI infrastructure across key Saudi sectors in alignment with Vision 2030 and national data strategy.
xLight raises $40M to develop breakthrough EUV laser tech, aiming to transform chip manufacturing and boost US leadership in the semiconductor race.
Anthropic faces a class-action lawsuit for allegedly using pirated books to train its AI model, Claude. Potential damages could range from $1 billion to $1.05 trillion.
Employees should not have to pay out-of-pocket to perform their jobs. In California, this principle isn’t just an idea; it’s a firmly established legal requirement.
Sam Lake, creative director of Remedy Entertainment, will be honored with the Lifetime Achievement Award. The Pioneer Award will be presented to Lucas Pope.
OpenAI CEO Sam Altman has finally spoken out about DeepSeek, the much-talked Chinese AI startup that made waves in Silicon Valley last week.
Meta hires Clara Shih, former CEO of Salesforce AI, to head a new team responsible for building artificial intelligence tools tailored for businesses.
Former Google X engineers unveil TwinMind, a Jarvis-like AI assistant with memory features, challenging ChatGPT and redefining AI on smartphones.