Companies, products, and big moves
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A pair of deals and a security teardown tell the same story from different angles: the AI infrastructure stack is getting deeper, more expensive, and more contested. Google and Marvell Technology have expanded their custom silicon partnership in a deal that hands Google the right to buy up to 58.
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The AI race has a new revenue leader. For the first time, Anthropic has overtaken OpenAI in quarterly revenue — a milestone that reshapes the competitive landscape just as OpenAI prepares for its IPO. Anthropic hit $11.6 billion in second-quarter revenue, roughly doubling from the first quarter, while OpenAI
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title: "Jefferies tests 8 AI office agents — Qwen Office takes the crown" format: brief tags: [daily-brief, arena] section: arena meta_description: "Wall Street analysts hand-tested eight AI agents on real office tasks. Alibaba's Qwen Office scored highest, beating Claude Cowork and OpenAI'
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xAI's multimodal understanding lead has decamped for Tencent, signaling a fresh push in China's race to build competitive vision-language models. The move is the latest in a pattern of senior AI researchers crossing between Western labs and Chinese tech giants — and it lands at a
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OpenAI is taking its ad experiment global — six months after piloting sponsored placements in the US, ChatGPT Ads rolls out next week across 31 European countries including Germany, France, Spain, Italy, and the Nordics. It's the largest single expansion yet for a monetization strategy that could reshape how
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The Pentagon wants AI on the battlefield faster, and venture capital is following the order. Austin-based Smack Technologies, which builds AI decision-making tools for the US military, announced a $61 million Series B led by Costanoa and First In on Monday, adding fresh fuel to the growing defense-
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Two big moves from the infrastructure side of AI today — one in software, one in hardware — both pointing the same direction: the market is betting heavily on the tools that make AI actually work in production. Temporal is in talks for a fresh funding round that would value the open-
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The lease we were waiting on is signed: OpenAI is the tenant, Nvidia is the exclusive silicon, and the site used to enrich uranium for the Cold War. OpenAI has signed a 20-year lease on SB Energy's PORTS-Pike Technology Campus in Pike County, Ohio — up to
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The booked quarter is in, and it does not look like the annualized story OpenAI has been selling. OpenAI's second-quarter revenue grew 18 percent from the first quarter to $6.7 billion, according to people familiar with the figures cited by the Wall Street Journal — and its
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Anthropic is not just preparing a public float. It is rewriting who gets to tell the founders no once the stock starts trading. The Information reported Tuesday that Anthropic has been preparing a new class of stock with extra voting power for CEO Dario Amodei and the other co-founders
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The next AI check is not for another chatbot. It is for the machines that drive, fly, and shoot. Physical AI companies raised $47.4 billion across 521 deals in the first half of 2026, Crunchbase News reported Tuesday — nearly 80 percent more than the $26.4 billion they took
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Inference silicon just got a customer-led mark-up. A quant fund tested the hardware, put a rack in its own datacenter, then wrote the check. Etched said Tuesday it has raised another $700 million at a $21 billion valuation, led by Jane Street after the trading firm installed the