The New York startup AUI has raised $20 million at a $750 million valuation for its neuro-symbolic AI approach. This funding validates growing enterprise demand for deterministic conversational AI that can reliably handle business tasks.
Major asset managers are betting billions that quantitative strategies will revolutionize corporate bond investing. The systematic credit flywheel is finally spinning, with implications for every fixed income investor.
Amazon’s latest 14,000 layoffs are hitting senior talent across multiple departments. CEO Andy Jassy reveals this isn’t about cost-cutting but cultural transformation toward “operating like the world’s largest startup.”
Piper Sandler’s bullish Roku upgrade points to 27% upside potential, but the streaming platform faces significant challenges in a crowded market. Can advertising growth sustain the momentum?
Singapore-based Airwallex has crossed $1 billion in annualized revenue with 90% year-over-year growth. The fintech unicorn is taking on U.S. giants by leveraging its global payment infrastructure and regulatory moat.
OpenAI CEO Sam Altman has set an audacious $100 billion revenue target for 2027 while revealing current revenue exceeds $1.3 billion. The disclosure comes amid discussions of a $3 trillion AI infrastructure buildout and Microsoft’s deepening partnership with the AI giant.
Failure isn’t just inevitable—it’s profitable. Serial entrepreneur Kim Perell explains how studying mistakes creates lasting business success. The data reveals why fear of failure holds back nearly half of potential entrepreneurs.
TranscendAP has secured venture funding to accelerate its AI-powered accounts payable automation platform. The company aims to capture significant market share in the mid-market segment where 90% of businesses lack effective AP automation solutions.
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming assets, hiring Moelis & Co as financial advisor. This potential acquisition could reshape the streaming wars and give Netflix control over iconic franchises.
Reddit’s third-quarter earnings reveal a complex story of financial success paired with concerning user growth trends. While revenue surged 68% and the company beat analyst expectations, logged-in user growth continues to decelerate, raising questions about long-term sustainability.
