Artificial Intelligence

SiteVue AI Raises $7.5 Million Seed Round To Expand AI-Powered Vision For Manufacturing

By Amit Chowdhry ● Aug 9, 2026

SiteVue AI has raised $7.5 million in seed funding to expand its AI-powered video technology for manufacturing, food processing, construction and other industrial environments. The round was co-led by Penny Jar Capital and Overture, with participation from Silence, Spring Bank, Mana Ventures, Outset Capital, WaterStone and Untapped Ventures.

OpenAI Says Upcoming Astra Model May Reach Critical Cyber Capability Threshold

By Amit Chowdhry ● Aug 7, 2026

OpenAI said preliminary evaluations of its upcoming Astra model show significant advances in agentic coding and cybersecurity, prompting the company to strengthen security controls because it cannot rule out that the model may reach the Critical cybersecurity capability threshold under its Preparedness Framework.

Expensify: New Platform Revenue Surges Over 250% As AI Agents Connect With ChatGPT, Claude And Cursor

By Amit Chowdhry ● Aug 7, 2026

Expensify is seeing rapid growth from New Expensify as the expense management company expands its AI capabilities and connects its platform with AI assistants including ChatGPT, Claude and Cursor.

PPL: Data Center Boom Creates Up To $12 Billion Of Generation Investment Upside Through 2032

By Amit Chowdhry ● Aug 7, 2026

PPL Corporation sees as much as $12 billion of potential generation investment upside through 2032 as data center development and other large-load projects accelerate across its Pennsylvania and Kentucky service territories.

OpenText: €105 Million Agentic AI And Sovereign Cloud Expansion To Create 400 Jobs As Cloud Bookings Jump 24%

By Amit Chowdhry ● Aug 7, 2026

OpenText is expanding its Agentic AI and Sovereign Cloud operations in Europe through a €105 million investment expected to create 400 jobs in Cork and Galway, Ireland, as enterprise cloud bookings continue to accelerate.

Sharon AI: Contract Value Reaches $8.8 Billion As GPU Fleet Targets More Than 64,000 By Mid-2027

By Amit Chowdhry ● Aug 7, 2026

Sharon AI Holdings is rapidly scaling its AI infrastructure platform, with total contracted value reaching approximately $8.8 billion year-to-date as the Australian neocloud operator targets deployment of more than 64,000 NVIDIA GPUs by mid-2027.

Astraeus Launches AI-Native Wealth Management Infrastructure Platform After Raising More Than $10 Million

By Amit Chowdhry ● Aug 7, 2026

Astraeus has launched an AI-native infrastructure platform designed to help wealth management firms unify fragmented data, workflows, business rules and governance systems for artificial intelligence applications.

Microchip: PCIe Gen6 Design Wins Double As Data Center Momentum Builds

By Amit Chowdhry ● Aug 7, 2026

Microchip Technology is seeing growing traction for its next-generation connectivity products in data center applications, with PCIe Gen6 design wins doubling sequentially during its fiscal first quarter of 2027.

Dropbox: Dash AI Targets More Than 18 Million Paying Users As Subscriber Growth Returns

By Amit Chowdhry ● Aug 7, 2026

Dropbox is preparing to integrate its Dash AI capabilities more deeply into its core platform as the company returns to paying-user growth and looks to bring AI-powered intelligence to an installed base of more than 18 million paying customers.

Five9 Lands Approximately $100 Million Contract As Voice AI Agents Drive Contact Center Push

By Amit Chowdhry ● Aug 7, 2026

Five9 reported accelerating subscription growth and landed an approximately $100 million total contract value agreement with a new customer during the second quarter of 2026 as the cloud contact center company expands its AI product portfolio.

Rocket Companies: AI Voice Handles 1 Million Calls As Mortgage Servicing Portfolio Reaches $2 Trillion

By Amit Chowdhry ● Aug 7, 2026

Rocket Companies reported major gains from its AI-powered homeownership platform during the second quarter of 2026, with its AI Voice system handling more than 1 million inbound servicing calls within three months of launch as the company’s mortgage servicing portfolio reached $2 trillion in unpaid principal balance across 9.1 million loans.

Meta Launches Muse Spark 1.2 And Muse Code Coding Agent With 1 Million-Token Context Window

By Amit Chowdhry ● Aug 7, 2026

Meta has released Muse Spark 1.2 and an early beta of Muse Code, its first purpose-built coding agent designed for long-running, multi-agent software development workflows.

Hadrian Raises $1.37 Billion Series D At $7.87 Billion Valuation To Expand Automated Defense Manufacturing

By Amit Chowdhry ● Aug 6, 2026

Hadrian has raised $1.37 billion in Series D equity financing to build additional highly automated factories and expand production of critical U.S. defense, aerospace and industrial systems. The financing values the advanced manufacturing company at $7.87 billion. The round was co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford.

Mirendil Selects Google Cloud AI Hypercomputer For TPU And NVIDIA GPU Training Infrastructure

By Amit Chowdhry ● Aug 6, 2026

Mirendil is expanding its use of Google Cloud’s AI Hypercomputer to support the pre-training and post-training of advanced artificial intelligence models. The frontier AI research company will use a combination of Google Tensor Processing Units and NVIDIA accelerated computing infrastructure running on Google Cloud.

OpenAI Improves GPT-5.6 Sol And Gives Free Users Unlimited GPT-5.6 Luna Text Chats

By Amit Chowdhry ● Aug 6, 2026

OpenAI has introduced updates to ChatGPT that improve GPT-5.6 Sol for Plus and Pro subscribers while giving Free users expanded access to GPT-5.6 Luna, including unlimited text conversations.

PwC And Zyter Collaborate To Help Healthcare Organizations Reduce Total Cost Of Care With AI

By Amit Chowdhry ● Aug 6, 2026

PwC and Zyter have formed a collaboration to help healthcare payers and providers improve health outcomes, reduce avoidable medical expenses and modernize the delivery of clinical and administrative services.

New York Life Appoints Zhen Zhao As Chief AI Officer To Lead AI Strategy And Agentic AI Development

By Amit Chowdhry ● Aug 6, 2026

New York Life has appointed Zhen Zhao as Chief AI Officer to lead the company’s artificial intelligence strategy, platforms and execution. Zhao will oversee the development and delivery of advanced AI and data science solutions across the insurer, including agentic AI and machine learning capabilities.

Zayo Teams With NVIDIA To Build 8,000 Miles Of Fiber For AI Infrastructure

By Amit Chowdhry ● Aug 6, 2026

Zayo is working with NVIDIA to expand the high-capacity network infrastructure needed to connect AI factories, GPU clusters, neoclouds and enterprise artificial intelligence deployments across North America.

Proxy Foods AI Raises $6 Million Seed Round To Expand AI-Native Food R&D Platform

By Amit Chowdhry ● Aug 6, 2026

Proxy Foods AI has raised $6 million in seed funding to expand its artificial intelligence platform for food and beverage research and development. The round was led by Ted Leonsis, founder, chairman, managing partner and CEO of Monumental Sports & Entertainment, with lead participation from Robert G. Hisaoka and SWaN & Legend Venture Partners.

Multiverse Computing And Qualcomm Collaborate To Optimize AI Models For Dragonfly AI200 And AI250 Accelerators

By Amit Chowdhry ● Aug 5, 2026

Multiverse Computing has announced a collaboration with Qualcomm Technologies to bring more efficient artificial intelligence models to data centers worldwide. Under the collaboration, Multiverse Computing will optimize its AI models for Qualcomm Dragonfly AI200 and AI250 accelerators. The companies aim to help data center operators improve AI workload performance while reducing memory requirements, power consumption and infrastructure costs.

t54 Labs: Interview With Founder Chandler Fang About The Financial Infrastructure Company

By Amit Chowdhry ● Aug 5, 2026

t54 Labs is a financial infrastructure company that builds tools allowing autonomous AI agents to securely execute and manage transactions across both fiat and cryptocurrency platforms. Pulse 2.0 interviewed t54 Labs founder Chandler Fang to learn more.

Volta Launches With $10 Billion AI Lab Partnership And $5 Billion Infrastructure Financing Program

By Amit Chowdhry ● Aug 5, 2026

Volta has emerged from stealth with a vertically integrated artificial intelligence infrastructure platform, a $10 billion strategic AI lab partnership and a $5 billion infrastructure financing program.

Multiplier Raises $35 Million Series B To Acquire Professional Services Firms And Build AI Tools

By Amit Chowdhry ● Aug 5, 2026

Multiplier has raised a $35 million Series B to expand its model of acquiring specialized professional services firms and building artificial intelligence tools around their operations. The round was led by The General Partnership, with participation from Ribbit Capital and Lightspeed Venture Partners.

Wordsmith AI Raises $14 Million Series B Extension Led By Intact Private Capital

By Amit Chowdhry ● Aug 5, 2026

Wordsmith AI has raised a $14 million extension to its Series B financing to expand its enterprise legal AI platform for in-house legal teams. The extension was led by new investor Intact Private Capital, with participation from existing investors Highland Europe and Index Ventures. FT Ventures also joined Wordsmith as a shareholder.

Power Digital Launches AI-Native Growth Model Built On Iris, Omega, And Creative Affinity

By Amit Chowdhry ● Aug 5, 2026

Power Digital has introduced a proprietary AI ecosystem designed to help brands make, execute and improve growth decisions in real time. The new operating model combines more than a decade of performance data, marketing frameworks and industry-specific expertise across three technologies: Iris, Omega and Creative Affinity.

Medallia Completes Recapitalization And Secures $150 Million In New Capital

By Amit Chowdhry ● Aug 5, 2026

Medallia has completed a recapitalization agreement with its lenders, significantly reducing its outstanding debt and securing $150 million in new capital.

SpaceX: AI Adjusted EBITDA Reaches $1.15 Billion As Starlink Subscribers Double To 12 Million

By Amit Chowdhry ● Aug 4, 2026

SpaceX delivered rapid growth across its AI and Connectivity businesses during the second quarter of 2026, although the underlying results showed significant differences between adjusted profitability, reported operating income, subscriber expansion, and revenue per customer.

SpaceX Partners With NVIDIA To Develop Starmind AI1 Satellite Compute Payload

By Amit Chowdhry ● Aug 4, 2026

SpaceX is partnering with NVIDIA to design the Starmind AI1 satellite compute payload, an orbital computing system intended to bring data center-class artificial intelligence processing capabilities into space. Each Starmind satellite will include NVIDIA Rubin graphics processing units and Vera central processing units.

Pie Secures Investment From Amex Ventures To Expand AI-Powered Small Business Growth Platform

By Amit Chowdhry ● Aug 4, 2026

Pie has secured an investment from Amex Ventures, the corporate venture capital arm of American Express, to accelerate the expansion of its AI-powered growth platform for small businesses. Financial terms of the investment were not disclosed.

LexisNexis Opens Customer Innovation Lab To Accelerate Legal AI Development

By Amit Chowdhry ● Aug 4, 2026

LexisNexis Legal & Professional has opened a Customer Innovation Lab in New York City to bring legal professionals, engineers and technology collaborators together to develop and test new legal artificial intelligence capabilities.