Wonderful raised $550 million at $5B as Salesforce joins
Wonderful raised $550 million in a Series C at a $5 billion valuation, with Insight Partners leading and Salesforce joining as the only new backer. Learn more.
Whitfield
Age assurance is the Meta $18B Settlement Clock AI
Age assurance is the Meta obligation in its $18 billion settlement, requiring AI age checks, audits, false-positive limits, and rival compliance. Learn more.
Nvidia’s $3.5 billion convertible-bond MediaTek AI Deal
Nvidia's $3.5 billion convertible-bond investment in MediaTek expands NVLink Fusion custom AI chip work, lifting shares and sharpening competition. Learn more.
John Ternus becomes Apple’s CEO with an AI Gap to Close
John Ternus becomes Apple's CEO on Sept. 1, 2026, inheriting $4.6T company, 9-11% growth guidance, and an AI race against OpenAI. He must close gap. Learn more.
OpenAI has ended its Cursor Model Supply After SpaceX Deal
OpenAI has ended its model-supply agreement with Cursor after SpaceX's $60 billion acquisition, citing compliance risks and contractual clauses. Learn more.
Meta Platforms settled a $17.1B Teen Safety Lawsuit
Meta Platforms settled a $17.1B consent judgment with 29 states over teen safety, a major landmark case signaling AI backlash is now political. Learn more.
Lambda Inc. has raised $1B in JPMorgan Debt for Nvidia GPUs
Lambda Inc. has raised about $1 billion in private, short-dated debt arranged by JPMorgan Chase to buy Nvidia GPUs that Microsoft will lease. Learn more.
Marvell Technology shares fell 8% on Google AI deal timing
Marvell Technology shares fell 8% on August 28, 2026, despite record $2.74B Q2 revenue, as investors question the $120B Google AI payoff timing. Learn more.
Andreessen Horowitz has raised $1.1B for Machine Age Fund
Andreessen Horowitz has raised $1.1B for Machine Age, its first hardware-infrastructure fund, targeting AI processors, memory, and robotics. Learn more.
Judge Has Ruled the Pentagon’s Anthropic Label Illegal
A judge has ruled the Pentagon's supply-chain risk designation of Anthropic PBC illegal, finding First Amendment retaliation and vacating the order. Learn more.