OpenAI buys Northslope to put its engineers inside your business
OpenAI buys Northslope to put its engineers inside your business

OpenAI wants the work that once belonged to consultants. Its deployment arm has agreed to buy Northslope, an applied-AI firm, the company told Axios in an exclusive on Wednesday. It did not disclose terms, and the deal still needs regulatory clearance….

After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation
After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation

Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fortunes against each other again. Blue Origin is raising …

Nomagic’s warehouse robots got an AI brain, and it halved the calls for human help
Nomagic’s warehouse robots got an AI brain, and it halved the calls for human help

Nomagic, a Warsaw-based warehouse robotics firm, put a vision-language-action model into live customer operations. It says the model roughly halved the rate at which its robots stall for human help. Its new AI lab, run by a former Google DeepMind resea…

MiniMax is building China’s biggest AI model yet, and plans to open-source it
MiniMax is building China’s biggest AI model yet, and plans to open-source it

MiniMax plans its biggest model yet, a 2.7-trillion-parameter system it intends to open-source, The Information reports. It would be the largest Chinese model on the market, and another squeeze on US labs’ margins. China’s open-model push has a new hea…

SpaceXAI and Cursor could ship their first joint AI model as soon as today
SpaceXAI and Cursor could ship their first joint AI model as soon as today

SpaceXAI and Cursor could ship their first jointly built AI model as soon as Wednesday, according to The Information. An internal memo pits it against Anthropic’s Opus 4.8 and OpenAI’s GPT-5.5. Elon Musk’s freshly renamed AI company is about to test it…

Lovable is reportedly in talks to raise $300M at a $13.2bn valuation
Lovable is reportedly in talks to raise $300M at a $13.2bn valuation

Lovable, the Swedish vibe-coding startup, is in talks to raise $300m at a $13.2bn post-money valuation, Sifted reports, citing two people familiar with the deal. The figure would roughly double the $6.6bn valuation it commanded at its $330m Series B in…

Quaise raises $134M to drill superhot rock with microwaves
Quaise raises $134M to drill superhot rock with microwaves

Geothermal used to mean shallow wells and modest heat. Quaise wants to drill kilometres down and blast the rock with microwaves, and it just raised $134 million to try. Quaise Energy has raised $134 million to drill for superhot rock deep underground, …

Norm Ai raises $120M at a $1.2B valuation to build AI-native law
Norm Ai raises $120M at a $1.2B valuation to build AI-native law

Most AI legal startups sell software to law firms. Norm Ai built its own firm instead, and investors just valued the bet at $1.2 billion. Norm Ai has raised $120 million in a Series C round that values the New York startup at $1.2 billion, Bloomberg fi…

Axos buys AI fintech Arc Technologies to bolt modern software onto a bank
Axos buys AI fintech Arc Technologies to bolt modern software onto a bank

Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced….

Bespoke Labs raises $40M to build the training grounds for reliable AI agents
Bespoke Labs raises $40M to build the training grounds for reliable AI agents

AI agents can write code and answer questions, but they still fall apart on long, messy jobs. A Mountain View startup just raised $40M to build the training grounds that fix that. Bespoke Labs, which builds the environments that train and test AI agent…