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.
The first signs of burnout are coming from the people who embrace AI the most
Because employees could do more, work began bleeding into lunch breaks and late evenings. The employees’ to-do lists expanded to fill every hour that AI freed up, and then kept going.
Databricks CEO says SaaS isn’t dead, but AI will soon make it irrelevant
AI isn’t going to replace major SaaS apps with vibe-coded versions, Databricks Ali Ghodsi believes. But it could give rise to competitors.
Anthropic’s India expansion collides with a local company that already had the name
India’s Anthropic Software has taken the U.S. AI giant to court over a name dispute.
ChatGPT rolls out ads
OpenAI faced a backlash late last year when it tested app suggestions that looked like unwanted ads. Still, the AI company needs to generate revenue from its popular chatbot to cover the costs of developing…
Workday CEO Eschenbach departs, with co-founder Aneel Bhusri returning as CEO
Bhusri said in a statement that the company’s next chapter would be focused on AI.
Anthropic closes in on $20B round
The company raised $13 billion in equity funding just five months ago, but intense competition between frontier labs and the ongoing cost of compute have made them eager to raise as quickly as possible.
Ex-Googlers are building infrastructure to help companies understand their video data
Founded by former Google Japan leaders, InfiniMind is building enterprise AI to turn vast, unused video archives into searchable, actionable business intelligence.
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Crypto.com places $70M bet on AI.com domain ahead of Super Bowl
The purchase rewrites the domain record books — not that the crypto industry has ever been accused of restraint when it comes to spending.