OpenAI's nonprofit will control a $500B entity while owning $100B+ in equity—an unprecedented governance experiment. Microsoft formalizes partnership even as both companies hedge through diversification. Regulators hold the keys.
FTC orders seven AI giants to reveal how their companion chatbots affect children after teen suicide cases involving ChatGPT and Character.AI. Meta faces particular scrutiny over internal docs permitting romantic chats with minors.
Large U.S. companies just hit the brakes on AI—adoption fell from 14% to 12% in two months, the first decline since tracking began. MIT research explains why: 95% of enterprise pilots deliver zero ROI. The gap between AI hype and workflow reality is widening.
Explore how tech firm Infinite Uptime leverages Series C funding to expand its US operations, revolutionizing the factory tech industry.
Infinite Uptime just scored $35 million to tell factories when their machines might break. The Indian startup's sensors and AI help prevent costly breakdowns in some of the world's harshest industrial environments.
The company's tech monitors factory equipment in real-time, spotting problems before they cause shutdowns. Their sensors work where others can't - in extreme heat and corrosive acid plants. It's like having a doctor for machines, but one that never sleeps and can predict heart attacks.
CEO Raunak Bhinge claims their approach beats both industry giants and other startups. While Siemens and Honeywell take a top-down view, Infinite Uptime gets up close and personal with individual machines. Their sensors have already saved factories over 74,000 hours of downtime.
The Series C round, led by Avataar Ventures, will fuel US expansion. The company serves 800 plants across 30 countries and has grown revenue 2x annually for three years straight. They're already cash-flow positive - a rare feat in the startup world.
Why this matters:
Anthropic's $13B raise triples its valuation to $183B in six months, powered by revenue jumping from $1B to $5B. But the real story is developer economics and enterprise AI splitting from consumer markets.
Sam Altman's OpenAI is backing a $250M brain-computer startup to directly compete with Elon Musk's Neuralink. The rivalry moves from AI models to neural interfaces—whoever controls how humans connect to AI systems wins the future.
Berlin's n8n just jumped from €300 million to nearly $3 billion valuation in four months. Ten VCs are fighting over the AI automation startup that's building the nervous system for enterprise agents. At 75x revenue, there's no room for error.
OpenAI closes $8.3B funding round months early, led by Dragoneer's record $2.8B single check. Early investors got squeezed as demand hit 5x capacity. Revenue jumped to $13B while Microsoft negotiations loom over IPO future.
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