Poke AI surges to a $300M valuation as its no-download personal assistant lets users manage calendars, health, and smart home devices directly through iMessage, SMS, and Telegram, growing 10x in users in just a few months.
Perplexity AI's annual recurring revenue surpasses $450 million as of March 2026, more than doubling in a single quarter, while its user base tops 100 million and its valuation soars to $21 billion — up from just $3 billion in mid-2024.
AI is going deeply personal this week: Utah launches a pilot letting AI renew psychiatric prescriptions for just $19/month, OpenAI secures a record $122 billion funding round at an $852 billion valuation, and thousands of workers worldwide are filming their daily chores to train the next generation of humanoid robots.
Investors are now demanding full AI-driven operational overhauls before funding companies, shifting focus from surface-level AI features to evidence that entire business models are being rebuilt around artificial intelligence as foundational infrastructure.
Anthropic's revenue explodes past $19 billion annually, fueled by surging demand for its Claude Code AI tool, but the company now faces a potentially devastating blow as Defense Secretary Pete Hegseth designates it a supply-chain risk, threatening to cut off all US government sales.
Anthropic acquires stealth AI biotech startup Coefficient Bio in a $400 million stock deal, bringing the 10-person team behind an AI-driven drug discovery platform into its health and life sciences division, accelerating the company's growing push into healthcare.
Cognichip raises $93M to revolutionize chip design with deep learning technology that promises to slash development costs by 75% and cut timelines in half, attracting investment from Intel CEO Lip-Bu Tan despite having yet to publicly demonstrate a finished chip.
OpenAI is gearing up to release a new AI model code-named 'Spud' while simultaneously pushing wealth redistribution policies, restructuring internally, and planning a 2026 IPO, as CEO Sam Altman works to reshape the social contract around artificial intelligence.
AI seed startups are commanding sky-high valuations in 2026, with $10M rounds now closing at $40–$45M post-money as elite founders, rapid traction, and fierce VC competition drive prices up — but inflated early valuations are raising the stakes for founders who must scale fast or face serious consequences.
Oracle is cutting thousands of jobs amid a 25% stock drop and mounting debt, as the tech giant bets big on AI infrastructure with plans to raise $50 billion and honor a $300 billion OpenAI deal, while analysts say slashing up to 30,000 employees could unlock $10 billion in free …