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Earlier this week

Microsoft launches its own AI deployment company with $2.5 billion commitment

Microsoft follows Amazon, OpenAI and Anthropic with its new AI deployment group.

TechCrunch AI·Jul 2funding

OpenAI floats giving Trump administration 5 percent cut of AI boom

OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share the upside of AI, the FT reported, citing two unnamed people familiar with the talks. He's said to have first pitched the idea to Trump early last year. Altman reportedly suggested the 5 percent figure. Based on OpenAI's latest funding round, which ended with the company valued at $852 billion, that stake would be worth … Read the full story at The Verge.

The Verge AI·Jul 2funding

Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he's taking on Microsoft Office, Google Apps with AI.

TechCrunch AI·Jul 1funding

Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller

The actor and investor is joining forces with Morgan Beller, who was previously a GP at NFX, to invest in early-stage startups.

TechCrunch AI·Jul 1funding

Venice AI becomes a unicorn with $65M Series A as its privacy-first AI platform takes off

Venice AI is already profitable, with annualized run-rate revenues of over $70 million, CEO Erik Voorhees said.

TechCrunch AI·Jul 1funding

Wayve launches $85M employee tender offer at $8.5B valuation

Wayve’s offering is part of a growing trend of AI startups using employee tenders as a strategic tool to attract and retain talent.

TechCrunch AI·Jun 30funding

The DeepMind trio who built a poker AI are now making money for quant hedge funds

EquiLibre Technologies, a Prague-based AI lab founded by three ex-DeepMind researchers, is now valued at more than $500 million.

TechCrunch AI·Jun 30funding

Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip

Nvidia AI chip competitor Etched says it has already booked $1 billion under contract for the inference systems powered by its chip.

TechCrunch AI·Jun 30funding

Amazon launches new $1 billion FDE org, following OpenAI and Anthropic

Engineers on the new team will embed within companies to deploy purpose-built agents, focusing on fast deployments and customer self-sufficiency.

TechCrunch AI·Jun 30funding

US offers $10 million for info on group behind Signal and WhatsApp hacking spree

Ars Technica·Jun 29funding

South Korean tech giants commit over $550B to ease ‘RAMageddon’

The world's two largest memory chip companies vow to build more memory lab fabs as South Korea positions itself as an AI tech powerhouse country.

TechCrunch AI·Jun 29funding