Andreessen Horowitz shuts down its $175,000 Talent x Opportunity Fund that supported over 60 underserved founders since 2020, laying off at least three staff members as the firm integrates diversity efforts into its broader investment strategy.
Amazon demands Perplexity remove its Comet AI shopping bot from the platform, sparking a legal battle that could determine whether AI agents must identify themselves when browsing e-commerce sites and how companies control automated access to protect their advertising revenue.
Apple strikes a deal with Google to power Siri's next-generation upgrade using a custom Gemini AI model launching spring 2026, choosing Google over Anthropic's $1.5 billion annual price tag while maintaining privacy through Apple's private cloud servers for complex tasks.
Electric vehicle maker Rivian spins off Mind Robotics, securing $115 million in seed funding to develop AI-powered robotic solutions for manufacturing operations using Rivian's operational data.
MongoDB CEO Dev Ittycheria steps down after 11 transformative years that saw the company go public and achieve a fifteenfold stock increase to nearly $30 billion market cap, with Cloudflare executive CJ Desai taking the helm to drive revenue beyond $5 billion.
Baidu's Apollo Go robotaxi service reaches 250,000 weekly driverless rides, matching Waymo's performance while operating across Chinese cities and expanding internationally to Hong Kong, Dubai, Abu Dhabi, and Switzerland with 140 million accident-free autonomous rides completed.
OpenAI discontinues free Sora video generation service, implementing paid subscriptions and launching groundbreaking creator compensation system that pays rights holders when their copyrighted characters appear in AI-generated videos, marking a major shift toward sustainable AI monetization.
Perplexity AI's valuation skyrockets from $14 billion to $50 billion in months as the search startup raises funding rounds monthly instead of annually, generating $150 million in revenue while making a stunning $34.5 billion bid for Google Chrome amid fears of an AI investment bubble with 100x revenue multiples.
Nvidia CEO Jensen Huang dismisses national security fears while targeting China's $50 billion AI chip market, warning against underestimating competitor Huawei's capabilities and expressing hope for approval to sell advanced Blackwell GPUs despite current restrictions.
Microsoft reports a staggering $3.1 billion loss from its OpenAI investment as the AI giant burns through $11.5 billion in a single quarter, revealing massive financial struggles despite generating billions in annual revenue.