NewCore Raises $66M to Manage AI Agents as Workforce Members
NewCore, a cybersecurity startup, secured $66 million in funding to address the challenge of managing AI agents as digital employees, with a valuation of $300 million post-investment.
Business
530 articles
The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
LATEST NEWS
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Microsoft CEO Warns of Few AI Systems Capturing Economic Returns
Microsoft CEO Satya Nadella warns that a small number of AI systems could capture all economic returns, risking industry-wide knowledge loss.
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Meta Uses Rank One's Face Recognition in Smart Glasses
Meta has licensed face-recognition software from Rank One Computing, a company with government clients, for use in its smart glasses, according to a software license obtained by WIRED.
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AI Layoffs Accelerate as Tech Companies Cut 150,000 Jobs
Tech layoffs hit 150,000 globally this year, with AI cited as the primary reason, according to TrueUp.
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OpenAI Launches Partner Network to Scale AI Adoption
OpenAI announced a $150 million initiative to expand AI adoption by building a global partner ecosystem, aiming to train 300,000 certified consultants by year-end.
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SpaceX IPO Sparks AI Company Public Market Push
SpaceX's record $56 billion IPO has drawn attention to AI firms like OpenAI and Anthropic, which are also preparing for public debuts.
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KPMG Report Contained Fabricated AI Case Studies
KPMG's AI report falsely claimed AI use at UBS, NHS, and TfL. GPTZero uncovered errors, and all named organizations disputed the claims.
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Meta Unwinds $2 Billion Manus Deal After Beijing's Demand
Meta has begun dismantling its $2 billion acquisition of Manus, complying with a divestiture order from Beijing issued two months ago.
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SpaceX becomes public company valued at $1.8 trillion
SpaceX began trading on the NASDAQ at $135 a share, valuing the company at nearly $1.8 trillion, with shares closing at $160.95.
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Meta Shifts From Tokenmaxxing to Token Managing as Costs Hit Billions
Meta is reportedly spending billions on internal AI use and plans to tighten controls on token consumption by 2027.
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Mistral AI Rumored to Raise €3B at €20B Valuation
Mistral AI is reportedly in talks to raise €3 billion at a valuation of €20 billion, nearly doubling its previous Series C round valuation.
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MANGOS Companies Lead AI IPO Surge in 2026
MANGOS companies, including Anthropic and OpenAI, are set to go public in 2026, marking a shift from traditional FAANG leaders.