💰 Money AI News
Latest AI funding news and updates from startups and companies.
- TCS commits $7.4B to a one-gigawatt AI campus in Hyderabad
Tata Consultancy Services said its HyperVault unit and partners have committed 700 billion rupees, about $7.4B, to an AI data centre campus of up to one gigawatt in Hyderabad, using green energy and water-neutral design principles. EU rules require any data centre above 500kW to report total and drinking water consumption to a European database […] This story continues at The Next Web
- Moonshot AI files for up to $5b Hong Kong IPO
Moonshot AI recently reached a US$35 billion valuation after a US$3.5 billion funding round.
- Anthropic IPO launch shifts toward mid-October: Reuters
The artificial intelligence company had been expected to make its IPO prospectus public as early as next week, two sources told Reuters.
Score: 63💰 MoneySep 5, 2026https://www.cnbc.com/2026/09/05/anthropic-ipo-launch-shifts-toward-mid-october-reuters.html - Anthropic IPO launch shifts toward mid-October
Anthropic IPO launch shifts toward mid-October The Japan Times
- Anthropic IPO: AI giant delays public offering, eyes mid-October market debut
Anthropic has postponed its initial public offering, now aiming for mid-October for its market launch. Investors are optimistic about a potential $2 trillion valuation for the artificial intelligence firm. The company is also securing a major $15 billion credit facility ahead of upcoming analyst meetings. They project significant revenue growth, targeting $200 billion by 2028, bolstered by an improved rapport with the US administration after previous tensions.
- Anthropic IPO launch shifts toward mid-October, sources say
Anthropic IPO launch shifts toward mid-October, sources say The Straits Times
- AI Startup Wonderful Hits $5 Billion Valuation, Plans 1,000-Strong Team
Founded just last year, the startup already has 650 employees and is expanding its forward-deployed engineering teams around the world.
- Chinese 3D AI startup Tripo raises $447m in series B
Tripo says its P2.0 model is the first in the industry to support quad topology.
Score: 82💰 MoneySep 2, 2026https://www.techinasia.com/endowus-ceo-gregory-van-optimistic-profitability - Lyte raises $165M at $1.6B valuation to bring accurate perception to robots
Robotics perception startup Lyte AI Inc. today announced it has raised $165 million in a Series C round led by Maverick Silicon, bringing the company’s post-money valuation to $1.6 billion. Since its stealth launch in January 2026, Lyte now ships custom silicon, multimodal sensors and spatial software for intelligent robotics. Vision and sensors are fundamental […] The post Lyte raises $165M at $1.6B valuation to bring accurate perception to robots appeared first on SiliconANGLE .
- Tencent-Backed AI Chipmaker Enflame Eyes $9 Billion Valuation in IPO
Tencent-Backed AI Chipmaker Enflame Eyes $9 Billion Valuation in IPO Caixin Global
- Enflame’s US$900m IPO tests appetite for China’s ‘little dragon’ AI chipmakers
As Enflame Technology gears up for a 6.12 billion yuan (US$910.3 million) initial public offering on Shanghai’s Star Market, the Chinese artificial intelligence chipmaker must convince investors that its specialised chip strategy can withstand fierce competition from Huawei Technologies and other domestic rivals, while reducing its heavy revenue dependence on major backer Tencent Holdings. Online and offline subscriptions open on Wednesday, after the Shanghai-based start-up announced on Monday...
- Kairos has raised $50M to build talent infrastructure for AI safety (and we're hiring!)
TL;DR: Kairos has raised $50 million from Coefficient Giving for two years of funding, one of the largest commitments they’ve made towards AI safety fieldbuilding to date. We’re using this to make an ambitious push for growing Kairos, broadening our portfolio of talent infrastructure projects and incubating new organizations. We’ve doubled in size in the last six months, and we plan to double again in the next six. We now have open hiring rounds for ten roles on our team across events, group support, incubation, and special projects. Two years in Kairos was founded mid-2024 with the goal of creating infrastructure to get more strong talent into the field of AI safety. Our portfolio has grown over time: we started with a focus on seeding and supporting university groups through Pathfinder , then took over SPAR , the largest research training program in the ecosystem. Since then, we’ve launched the Generator Residency , a program supporting generalist talent, in partnership with Constellation, and taken over the Global Challenges Project (GCP) , a series of workshops to accelerate people’s transition into careers in AI safety and biosecurity. Through most of Kairos’s history, we’ve had a very small team: in January 2026 we were only three people, and our high-level strategy was focused on scalable talent infrastructure: that is, building programs with low marginal cost per participant (such as SPAR and Pathfinder). This strategy succeeded and let us quickly grow our programs: Pathfinder went from 15 organizers per semester to over 100, and SPAR has quintupled in size since we adopted it (we expect to accept well over 500 mentees this round). All this growth has happened in parallel to iterative improvements to these programs, raising our bar for executional quality each round. In a recent shallow retrospective, we were able to identify around 80 people who got into full-time roles in core AI safety organizations following participation in our programs [1] . For a very large fraction of these people, Kairos was the primary mediator of their journey into AI safety. In February, we decided to pivot our strategy. A confluence of factors, including updates we made about talent bottlenecks (see below), more confidence in our ability to deliver on ambitious projects, and a higher availability of funding, led us to make a big push for both broadening our portfolio of projects and substantially growing our team. We started earlier this year by taking over the Global Challenges Project workshop series and launching the Generator Residency, as we realized generalist talent was a growing bottleneck. We’ve now just entered what we think will be an even more intense period of growth for Kairos, with several new programs, projects, and teams. How the field has changed In April, we made the case that the biggest talent gap in AI safety had become a lack of generalists , rather than researchers. The research pipeline had matured enormously, but our ability to identify, activate, and upskill non-technical talent was becoming the binding constraint for further growth of the field, especially for our ability to effectively absorb large amounts of funding and drive a diversity of projects forward. Since then, we’ve seen a major redirection of fieldbuilding efforts towards this bottleneck: beyond Generator, MATS decided to launch a Founding and Fieldbuilding track , new programs such as Gen Stream were piloted, and many more people have started pivoting from research into generalist work. Beyond our increased focus on generalist talent, we’ve made a number of updates over the last nine months which have come together to inform our new strategy: First, supporting early-career talent is paying off a lot faster than we thought. When we started Kairos, a big worry we had was that under short timeline scenarios, investing in early-career people would largely fail to pay off in time. Back then, we estimated that the time-to-impact for the top talent we were supporting was around 1 to 3 years, and we considered a major redirection of our efforts as a result. Since then, different lines of evidence have made us reassess this position, and we now believe that the most promising people going through our programs now see a time-to-impact of around 5 to 9 months. [2] We think this is due to a number of factors, but predominantly it seems downstream of a much stronger perception of urgency in pivoting to object-level work. [3] On net, this has made us significantly more eager to support early-career talent, which is why we’re doubling down on our efforts to support university groups. Second, top-of-funnel interest in AI safety has increased substantially. Kairos and other organizations have noticed sharp upticks in the number of applications we get across our programs. SPAR received 6,000 applications this round, up from 2,400 just six months ago. While a lot more applications now seem to be of lower quality, the number of high quality applications overall has also increased, if less rapidly, and a lot of people cite recent events such as Claude Mythos or the Hugging Face incident as having triggered their interest in AI safety. A lot more people seem to just ‘get it’ when it comes to loss of control risks. This poses a new challenge: while Kairos has emphasized scalability for a long time, this new wave of interest has forced us to become better at automating large swathes of our operations and screening work. The number of highly qualified applicants has also meant we’ve had to rapidly increase the cadence of our events: between June and November we expect to have run a total of 6 in-person workshops, each with ~30 people. All of this adds up to one meta-level bet: growth . We’ve identified a number of highly leveraged opportunities to address talent bottlenecks by both scaling up our existing programs or by creating new ones, and so we want to grow Kairos to meet the challenge. We were three people in January, now we’re 12, and we’re aiming to be at 18 by the end of year. Our new bets While Kairos continues to emphasize scalability and using our team’s capacity in a highly leveraged way, we’ve realized it is now the time for our core programs to have dedicated project teams. As such, we’re hiring both senior and junior staff across all our programs, and plan to very significantly ramp up the resources allocated to each of them. We’re also making a big investment in preparing our internal systems to handle a lot more volume and scale for our programs, forming a proper Operations team, and investing in organizational maturity and governance. For SPAR, the key challenge is further growth, paired with stronger support. We believe the program should continue to be run in a capacity-efficient way, but we should stop optimizing for keeping variable costs (such as compute) low, and we should hire more staff. We recently hired a new lead for the project, and hope to substantially overhaul the support infrastructure the program provides to both mentors and mentees, hiring dedicated research managers to support newer or less experienced mentors and improving targeted support and follow-up for mentees. We’re also now building a Groups team. In the past the core value offering of Pathfinder was rather simple: we’d provide funding to groups and pair them with other organizers to serve as mentors. We’re now looking to fund regional organizers serving a larger number of groups, scale up our efforts to seed new groups at top universities, set up residences for organizers to learn from and support other groups, and support more student-run events. All of this will require new dedicated staff, and so we’ve just launched these roles. And following our strategic updates from above, we’ve decided to make a number of bets in newer directions: An expanded workshops portfolio. In taking over GCP we realized that short, in-person workshops are among the most effective talent interventions in the ecosystem. In particular, they seem to be the best intervention we know for getting people who have been previously introduced into AI safety to finally make the pivot into full-time work. Because of this, we’ve decided to build a proper Workshops team that will run a broader diversity of workshop formats aimed at different audiences: mid-career people, people interested in biosecurity, and narrower or more niche audiences. A Talent Operations function. Our ability for our programs to have an impact is, to a large degree, only as good as our ability to let others know about who the most promising people going through our programs are. This isn’t exclusive to Kairos: we’ve realized that at present, many fieldbuilding orgs don’t have great information channels for sharing leads about promising people they’ve identified, trained or supported, and this has become a major bottleneck. As such, we’re starting a Talent Operations team, with the mandate of improving the way that Kairos and other organizations in the ecosystem identify, screen, refer and route talent through the field. Its first major undertaking is building Talent Commons, a consent-first database for sharing information about program participants and job applicants. Talent Commons is currently being piloted with a number of key fieldbuilding orgs in the US, and we expect to shortly expand it to a much larger set of participating organizations [4] . Our goal is for this database to become the de facto way that people search for leads for roles they’re hiring for, or programs they’re running. We also want it to become a platform to build other useful infrastructure, such as unified application systems for research programs, or a system to track the impact of fieldbuilding programs. We hope this will help candidates as well by increasing discoverability and reducing the effort involved in job searching; candidates will always be able to view all of the information on their profiles, contribute to it if they’d like, or opt out of the system at any time. Kairos Labs and Special Projects. A big realization we've had is that while the field is bottlenecked on people who can execute new projects, we can meaningfully lower the activation energy these projects need by (a) making it much, much easier to run new nonprofit projects in the ecosystem, and (b) providing good support structures and strategic input to enable new, more tactical projects to be spun up quickly. Given this, we’re excited to be launching Kairos Labs, a new broad-scope incubator program intended to provide very hands-on support for new projects and organizations in the ecosystem, starting early 2027. While the ecosystem currently has a diversity of incubators (such as Catalyze, BlueDot's, Halcyon, and others), we believe that there’s a very substantial gap in support for non-technical projects led by highly mission-aligned, high-context founders. We’re hoping to close that gap. We also now think that there is substantial value in having stand-by capacity for pursuing small or medium-sized projects that respond to more tactical or short-lived opportunities that arise, both for talent work and beyond. In the past, Kairos has focused on making a small set of large, ongoing bets, rather than engaging in more ad-hoc work that responds to narrow windows of opportunity for impact or that fall outside the scope of existing Kairos projects. While running Generator, we’ve realized that this was a mistake, and that a surprising amount of time-bound opportunities are worth pursuing, even if they don’t have a clean home in other organizations in the ecosystem. In response, we’re starting a new Special Projects team to drive forward these tactical projects, with a broad mandate of pursuing high-impact opportunities that we find, and with a large initial budget. All of these are bets. A core value and strength of Kairos is agility: we know the world is changing fast around us, and we want to be quick on our feet to change our bets when the underlying assumptions break. Every employee of Kairos understands that our ultimate mission is to help society navigate transformative AI, and that our strategy is ever shifting, as is the world. If this sounds like something you’d be excited about being a part of… We’re hiring (a lot!) To make all of this happen, Kairos is opening 8 new roles on our team , adding to the previous 2: Head of Kairos Labs : Design, launch, and lead our incubator for new AI safety organizations. Head of Generator : Take our in-person residency for AI safety generalists from a successful first cohort to an established, more ambitious program. Head of Groups : Set the strategy for how Kairos supports AI safety university groups, choose which new initiatives we pursue, and build the team behind them. Generalist (Groups) : Work with group organizers worldwide, supporting them through the Pathfinder Fellowship, seeding groups at new universities, and helping top organizers move into full-time AI safety work. GCP Program Manager : Build and lead new workshop programs as GCP expands into a full portfolio serving different audiences and career stages. Generalist (Workshops) : Own the operational backbone of GCP’s residential workshops, from outreach and venues to helping run them in person. Head of Special Projects : Lead the team working on starting new tactical projects within Kairos. Generalist (Special Projects) : Run a variety of tactical projects, involving anything from event organizing to grantmaking. Head of Talent Operations : Build the talent operations function that places early-career talent in high-impact AI safety roles. SPAR Research Manager / Generalist : Support mentors and mentees in the largest AI safety research fellowship in the field. The senior roles (Head of and Program Manager roles) have a base salary of $140K – $195K, going up to $270K for candidates in the San Francisco Bay Area. Generalist roles have a base salary of $105K – $145K, going up to $200K in the Bay Area. Hires based in other key hubs like London, DC, Boston, and NYC will also receive above-base salaries; the postings list the full ranges. We’re a remote-first team with a center of gravity in the Bay Area, and we get together for all-team retreats three times a year. People get a lot of ownership, we move quickly, and we try hard to place people in roles where they can do work to their comparative advantage. All of us are here because we care deeply about the risks from advanced AI, and the culture aligns strongly with that mission. We think the next couple of years will be critical for building the infrastructure the field will need. We're enormously grateful to Coefficient Giving (and particularly the GCR Capacity Building team and Asya Bergal) for backing us, pushing us to be ambitious, and substantially shaping the strategy underlying our new plans. Alongside this announcement, we're launching a new brand and website , with new brands for our individual programs coming over the next few weeks. ^ This was a conservative estimate derived by looking at all historical program data, having an agent do automated research to identify people now working at full-time AI safety roles, and then manually screening each of them to confirm accuracy and whether they’re indeed working at what we’d consider to be a mission-aligned organization in AI safety or policy (which is a relatively high bar). While it’s harder to be sure of the counterfactuality of these career conversions, we use a number of methods to narrow our uncertainty about this variable when evaluating program outcomes. Our top-of-the-funnel focus, the fact that many of these people had interacted only with Kairos programs in their AIS journey, and our pre/post surveys for programs lead us to believe a large fraction of these outcomes are predominantly attributable to Kairos’s efforts. ^ It’s hard to be precise here about the specific subset we’re referring to, but basically we assume heavy-tailed returns to talent, and so we typically focus on people we’ve identified to be among the most promising across our programs (for SPAR, this might be top 10th percentile of people; for Pathfinder, it might be the top 30th). When looking at this subset of people and their recent behaviour, we’ve noticed a large number of people converting unusually fast compared to when we started doing fieldbuilding. ^ This cashes out as a lot more people making highly risky lateral moves into AI safety, such as dropping out of university to pursue direct work, or leaving well-paid jobs in different industries to do accelerated upskilling. People have also been a lot more involved in politics, e.g. going to canvass for candidates who care about AI safety. ^ If your organization is interested in participating, please reach out to contact@talentcommons.org . Discuss
- HiddenLayer nabs $100M as enterprises rush to secure their AI deployments
Security companies are scrambling to build products that can monitor not just agents but also the tools and add-ons they use.
Score: 76💰 MoneySep 2, 2026https://techcrunch.com/2026/09/02/hiddenlayer-nabs-100m-as-enterprises-rush-to-secure-their-ai-deployments/ - McGraw Hill acquires Teachally, an AI startup for teachers led by Seattle tech vet Daniel Bernstein
McGraw Hill has acquired Teachally, a five-person startup whose AI tools help teachers build and customize lessons, assignments and assessments aligned to state standards. Founder Daniel Bernstein, who built and sold the game studio Sandlot Games two decades ago, ran the sale through his own M&A firm. Read More
- Lasso Security launches CPU-only AI guardrail, raises $30M
Artificial intelligence security startup Lasso Security Ltd. today launched a guardrail for AI applications that runs on ordinary server processors, with no graphics chip required. The product is called LEAP. Lasso also announced $30 million in new funding. Enterprises that put guardrails in front of production AI systems typically run every request through a second […] The post Lasso Security launches CPU-only AI guardrail, raises $30M appeared first on SiliconANGLE .
Score: 58💰 MoneySep 2, 2026https://siliconangle.com/2026/09/02/lasso-security-launches-cpu-only-ai-guardrail-raises-30m/ - Adobe acquires PeakXV-backed AI startup Rilo to expand marketing automation
Rilo cofounder Dhruv Jaglan announced the acquisition in a LinkedIn post, saying the startup would join Adobe to “help bring AI to Fortune 500 marketers”. Financial details of the transaction were not disclosed.
- Nscale touts $103 billion contracted revenue ahead of potential IPO, The Information reports
Nscale touts $103 billion contracted revenue ahead of potential IPO, The Information reports reuters.com
- India's Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom
India's Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom reuters.com
- NewDays brings its AI-driven dementia care platform to Nevada, expands seed round to $16M
Seattle startup NewDays raised $16 million to scale its combination of telehealth clinicians and an AI companion named Sunny for treating mild dementia. Early research shows the platform can help preserve cognitive function by up to 18 months, and the company is now expanding across six states. Read More
- Mundo announces $24 million USD to help tackle AI’s “next frontier”
US investors back startup’s plan to provide the data and tools for understanding sensory information. The post Mundo announces $24 million USD to help tackle AI’s “next frontier” first appeared on BetaKit .
Score: 51💰 MoneySep 2, 2026https://betakit.com/mundo-announces-24-million-usd-to-help-tackle-ais-next-frontier/ - Conveo raises $50M to scale its AI-powered consumer intelligence platform
Consumerresearch technology company Conveo has raised $50 million in Series A fundingto expand in the US and develop its platform into a broader consumerintelligence infrastructure for enterprises. Th...
Score: 48💰 MoneySep 2, 2026https://tech.eu/2026/09/02/conveo-raises-50m-to-scale-its-ai-powered-consumer-intelligence-platform/ - Former Google applied AI expert launches AI startup Guickly, raises $4.2M in seed funding
Former Google applied AI expert launches AI startup Guickly, raises $4.2M in seed funding YourStory.com
Score: 48💰 MoneySep 2, 2026https://yourstory.com/ai-story/guickly-raises-4m-to-bring-tighter-control-to-enterprise-ai-spending - AI content creator platform Creedom raises seed round
Creedom, an AI growth coach for content creators, has raised Rs 4.1 crore in a seed funding round at a valuation of Rs 42 crore. The round was led by Leigh Hopkins, Raghunandan G, Ravi Iyer, and Kartheeswaran KK, cofounder and CEO of Ninjacart. The round also saw participation from Raghu Nathan Sethuraman, Senthil Kumar T P and Govindaswamy Megavarnan through Startup Singam. The fresh funds will be used for product development for Indian creators, expansion into the US and further development of its AI capabilities, Creedom said in a press release. Founded by Naveen Murugan, Naveen Sowriraj and Aswin Dhananjai, Creedom connects to creators’ Instagram and YouTube accounts and analyses their content and performance data. Its platform identifies trends, recommends what creators should post next and provides insights into why specific content performed well or poorly. The company delivers these insights through Cree, its AI companion, which allows creators to interact with their performance data through conversations instead of navigating complex dashboards. Creedom said it has reached more than 1.5 lakh creators through its earlier learning platform before rebuilding its offering around personalised content insights. The startup currently works with creators across India and the US. In December 2025, Creedom became an Official Meta Business Partner and a YouTube Official Partner. The partnerships allow it to access verified account-level performance data through approved interfaces. The creator economy has continued to attract funding in India. Influish raised a pre-seed round at a Rs 25 crore valuation in June, while TrueFan AI raised $10 million in Series A funding led by Baring Private Equity Partners India and Z3Partners. Creator-commerce platforms such as Wishlink and LehLah have also raised funding, while Tring focuses on personalised interactions between celebrities, creators and their audiences. Adobe’s 2026 India creator survey found that 96% of Indian creators using creative AI said it had accelerated their business or audience growth, while 85% said AI was integrated into or essential to their workflow.
Score: 42💰 MoneySep 2, 2026https://entrackr.com/snippets/ai-content-creator-platform-creedom-raises-seed-round-12484133 - Violoop's Screen-Aware AI Hardware Raises Tens of Millions to Chase Your Ultimate Context
A palm-sized USB device from Chinese startup Violoop reads your entire screen to build a proactive AI assistant, half a turn behind closes tens of millions in angel and pre-A funding.
- Scopia Surgical raises $2.65 million to build a GPS for robotic surgery
Montréal medtech company is gearing up to validate its navigation software in hospitals. The post Scopia Surgical raises $2.65 million to build a GPS for robotic surgery first appeared on BetaKit .
Score: 41💰 MoneySep 2, 2026https://betakit.com/scopia-surgical-raises-2-65-million-to-build-a-gps-for-robotic-surgery/ - Irish start-up Setanta plans €3m raise for its AI satellite technology
Setanta has also been accepted into ESA BIC Ireland, a two-year business incubation programme for space-related Irish start-ups. Read more: Irish start-up Setanta plans €3m raise for its AI satellite technology
- NASA-linked, MIT-trained founders’ nSWX raises US$2M for AI chip packaging
The race to build larger AI models has created a less glamorous but increasingly urgent problem: how to move heat and power through ever-denser chip packages without driving up cost, energy use and complexity. A Malaysian startup now wants to solve part of that problem at the material boundary level. Kuala Lumpur-based nanoSkunkWorkX (nSWX) has […] The post NASA-linked, MIT-trained founders’ nSWX raises US$2M for AI chip packaging appeared first on e27 .
Score: 32💰 MoneySep 2, 2026https://e27.co/nasa-linked-mit-trained-founders-nswx-raises-us2m-for-ai-chip-packaging-20260902/ - Askya AI Growth Platform offers $200k zero-equity funding to African startups
Askya Investment Partners, an African venture capital firm, has announced the launch of the Askya AI Growth Platform, a pan-African programme to scale artificial intelligence startups into enduring, continental-scale enterprises. Askya Investment Partners is an investment firm building a new generation of technology and artificial intelligence champions from Africa, led by founder and managing partner [...] The post Askya AI Growth Platform offers $200k zero-equity funding to African startups appeared first on Disrupt Africa .
- Palo Alto Networks beats quarterly earnings estimates, acquires AI platform Console
Palo Alto Networks beat fourth-quarter earnings estimates on Tuesday and announced the acquisition of AI-native platform Console, saying advances in artificial intelligence are making cybersecurity a higher priority for corporate technology leaders.
- Palo Alto marks record $11.5bn year with another AI acquisition
Console joins Palo Alto's long list of acquisitions as it leans into agentic security.
- Netherlands-based AI startup Wonderful raises $550M at $5BN valuation
Wonderful, the Netherlands-based startup that provides AI services to help companies boost productivity, has raised around $550 million at a $5 billion valuation, it said today.The Series C funding ro...
- AI startup Wonderful valued at $5 billion in latest funding round
The round, led by Insight Partners, included participation from Salesforce and existing investors Index Ventures, IVP, Vine Ventures, 9Yards and Bessemer Venture Partners.
- Wonderful raises $550M at $5B valuation for its AI automation platform
Artificial intelligence agent startup Wonderful AI BV today announced that it has raised $550 million in funding. The Series C round was led by Insight Partners, which was also the headline backer of the company’s previous raise in March. Salesforce chipped in as well along with Index Ventures, IVP, Vine Ventures, 9Yards and Bessemer. The […] The post Wonderful raises $550M at $5B valuation for its AI automation platform appeared first on SiliconANGLE .
- Adobe picks up AI marketing startup Rilo in second India acquisition
Adobe has picked up India based marketing intelligence startup Rilo in a deal involving the licensing of its technology and acquisition of its team. This is Adobe’s second acquisition from India. The terms of the transaction were not disclosed. Co founded in 2025 by Georgi Boby and Dhruv Jaglan, Rilo built AI powered tools for go to market teams to automate marketing and sales workflows. The startup had raised $1 million from Peak XV Partners, DeVC and Day Zero Ventures at a valuation of $10 million. As part of the deal, Adobe is expected to integrate some of Rilo’s intellectual property and onboard its six member team. Rilo’s existing investors are also expected to receive an exit. Following the acquisition, Rilo will shut down its platform and its products will no longer be available to existing customers. Rilo’s platform helped teams create customised workflows for competitor intelligence, content repurposing and distribution, and sales call analysis. It also allowed users to build custom AI workflows. The acquisition comes as companies increasingly use AI to automate marketing and sales tasks. Rilo’s technology could complement Adobe’s existing marketing and customer experience products. On their acquisition by Adobe, on LinkedIn Georgi Boby, co-founder of Rilo, mentioned that their mission was to expand the power of AI beyond just engineers. And I'm incredibly proud of the team, what we've built and the pace that we've built in. And now excited to share that we're joining Adobe to continue our mission at a whole new scale. The Rilo deal follows Adobe’s acquisition of AI video creation startup Rephrase.ai in 2023, its first acquisition from India. In 2025, Adobe also announced plans to acquire SEO optimisation platform Semrush for $1.9 billion.
- Sunnyvale robotics startup Lyte raises $165M at $1.6B valuation
The funding will help Lyte expand production and hiring in Sunnyvale as demand grows for technology that helps robots better understand and navigate the physical world.
- Hugging Face built a $4.5 billion empire on free AI models. Now Nvidia is buying it for $12.9 billion
Thomas Wolf has spent a decade convincing the world that open-source AI is not a charity project. On August 27, 2026, the market settled the argument. Nvidia agreed to buy Hugging Face, the company famous for hosting the open-source AI ecosystem with more than 3 million open-source LLMs, for $12.9 billion, according to The Information, […] This story continues at The Next Web
Score: 86💰 MoneyAug 29, 2026https://thenextweb.com/news/hugging-face-nvidia-acquisition-thomas-wolf-interview - Andreessen Horowitz Raises $1.1 Billion for AI Hardware Fund
Andreessen Horowitz Raises $1.1 Billion for AI Hardware Fund The Information
Score: 78💰 MoneyAug 29, 2026https://www.theinformation.com/briefings/andreessen-horowitz-raises-1-1-billion-ai-hardware-fund - The SpaceX-Cursor acquisition just cost developers access to OpenAI’s models
The SpaceX-Cursor acquisition just cost developers access to OpenAI’s models
- IndiGo Ventures backs sovereign AI firm Sarvam in ongoing Series B funding round
The investment by the corporate venture capital arm of IndiGo builds on an existing relationship between the two entities. Both companies previously collaborated to deploy artificial intelligence technologies aimed at enhancing passenger experience, assisting airline staff, and streamlining operational workflows across IndiGo's network.
- Startup bags $7M to build drone-interceptor-in-a-backpack systems
Spike drone defense system is designed to be carried in a rucksack or mounted on top of a vehicle
- Nvidia’s $12.9B Hugging Face Bet: A New Battle for Control of the AI Stack
Nvidia reportedly agreed to buy Hugging Face for $12.9 billion, a deal that could reshape enterprise AI, open-source models, and the broader AI stack. The post Nvidia’s $12.9B Hugging Face Bet: A New Battle for Control of the AI Stack appeared first on TechRepublic .
Score: 89💰 MoneyAug 28, 2026https://www.techrepublic.com/article/news-nvidia-hugging-face-12-9-b-deal/ - Anthropic eyes $45bn AI computing capacity deal with Nscale
Anthropic has reportedly reached a deal to rent approximately $45bn in AI cloud computing capacity from Nscale.
Score: 80💰 MoneyAug 28, 2026https://www.techmonitor.ai/news/anthropic-eyes-45bn-ai-computing-capacity-deal-with-nscale - SoftBank seeks another $10 billion loan for OpenAI stake funding
SoftBank is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI. The loan would add to SoftBank’s flurry of recent debt financing activities tied to its bet on OpenAI, including a potential bond sale of as much as $20 billion.
- Andreessen Horowitz Raises $1.1 Billion for AI Infrastructure Fund
Prominent venture capital firm Andreessen Horowitz says it has raised $1.1 billion for its newest artificial intelligence infrastructure fund.
- Embodied-AI startup PsiBot raises over $100 million with industrial investors joining
PsiBot, a Chinese embodied-AI startup focused on dexterous manipulation, has completed a new funding round of more than US$100 million. The round includes Ningbo Tuopu Group, a Chery Holdings-backed fund, Lens Technology, 37 Interactive Entertainment, Wuhu Investment Holding Group and Fosun Fortune Capital. Existing shareholder Zhuhai Technology Industry Group also continued to invest. The funds […]
- AI Chipmaker Sunrise Doubles Valuation After Raising 2 Billion Yuan
AI Chipmaker Sunrise Doubles Valuation After Raising 2 Billion Yuan Caixin Global
- Nvidia shares add $442 billion, second-biggest gain of all time
Nvidia shares add $442 billion, second-biggest gain of all time The Mercury News
Score: 74💰 MoneyAug 28, 2026https://www.mercurynews.com/2026/08/28/nvidia-shares-add-442-billion-second-biggest-gain-of-all-time/amp/ - DeepSeek looks for fresh capital as founder’s quant empire navigates China’s choppy IPO market
High-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China's red-hot IPO market.
Score: 73💰 MoneyAug 28, 2026https://www.cnbc.com/2026/08/28/deepseek-founder-liang-wenfeng-high-flyer-china-tech-ipos-funding.html - Our decision on Cursor following its acquisition by SpaceX
Our decision to wind down our contract providing OpenAI models to Cursor following its acquisition by SpaceX.
Score: 61💰 MoneyAug 28, 2026https://openai.com/index/our-decision-on-cursor-following-its-acquisition-by-spacex - How The Anthropic And OpenAI IPOs Could Shake Up The AI Brawl
The Anthropic IPO is about to hit soon, followed by the debut of rival OpenAI, which are expected to shake up the battle over AI. The post How The Anthropic And OpenAI IPOs Could Shake Up The AI Brawl appeared first on Investor's Business Daily .
Score: 61💰 MoneyAug 28, 2026https://www.investors.com/news/technology/anthropic-ipo-openai-ai-artificial-intelligence/