The enterprise AI land grab is on. Glean is building the layer beneath the interface.
In this week’s episode of the Equity podcast, Glean CEO Arvind Jain explains the company’s shift from enterprise search tool to middleware layer for enterprise AI.
Cohere’s $240M year sets stage for IPO
Cohere surpassed $240 million in annual recurring revenue in 2025, highlighting strong enterprise AI demand as the Canadian startup positions itself for a potential IPO amid intensifying competition from OpenAI and Anthropic.
Elon Musk suggests spate of xAI exits have been push, not pull
At least nine engineers, including two co-founders, have announced their exits from xAI in the past week, fueling online speculation and raising questions about stability at Musk’s AI company amid mounting controversy.
Vega raises $120M Series B to rethink how enterprises detect cyber threats
Vega Security raised $120 million, bringing its valuation to $700 million, in a round led by Accel. The company aims to rethink how enterprises detect cybersecurity threats.
AI video startup Runway raises $315M at $5.3B valuation, eyes more capable world models
Startup Runway has raised a $315 million round at a $5.3 billion valuation, funds it will use to expand beyond AI video generation and into world models.
How AI is helping solve the labor issue in treating rare diseases
At Web Summit Qatar, AI-powered biotech startups describe how automation, data, and gene editing are filling labor gaps in drug discovery and rare disease treatment.
ElevenLabs CEO: Voice is the next interface for AI
ElevenLabs CEO argued at Web Summit Qatar that voice is the next interface for AI, as OpenAI, Google, and Apple push conversational systems into wearables, new hardware, and everyday interactions.
Exclusive: Positron raises $230M Series B to take on Nvidia’s AI chips
The investment comes from backers including the Qatar Investment Authority as demand for chips beyond Nvidia soars and as Qatar aims to build out its AI infrastructure.
Coalition demands federal Grok ban over nonconsensual sexual content
Nonprofits urge the U.S. government to suspend Grok in federal agencies after the xAI chatbot generated thousands of nonconsensual sexual images, raising national security and child safety concerns.
SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime
To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in s…