Latest updates from the world of artificial intelligence
OpenAI has carved out a majority-owned subsidiary, the OpenAI Deployment Company, seeded with $4 billion from a consortium led by TPG and valued at $10 billion at launch — and is acquiring London-based consultancy Tomoro to give it 150 forward-deployed engineers from day one.
OpenAI
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Demis Hassabis's Alphabet-backed drug discovery spinout has closed a $2.1 billion Series B led by Thrive Capital, with new money from MGX, Temasek, CapitalG and the UK Sovereign AI Fund — capital it says will push its IsoDDE platform from research curiosity to clinical pipeline.
Isomorphic Labs
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OpenAI and Microsoft have agreed to cap the AI lab's revenue-sharing payments at $38 billion through 2030, according to The Information — a renegotiation that could save OpenAI tens of billions of dollars and clear a long-standing obstacle to a potential public listing later this year.
Business Today
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The cash-and-equity partnership that was supposed to put a Perplexity-powered chatbot inside Snapchat collapsed in Q1, and Snap is now guiding 2026 with zero contribution from the deal.
TechCrunch
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German robotics startup Sereact closed a $110M Series B led by Headline to scale its vision-language-action models — already running in BMW, Daimler Truck, and Mercedes plants — and to push into the US warehouse market.
TNW
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Anthropic's restricted Project Glasswing gives 12 launch partners early access to Claude Mythos Preview — a frontier model that already uncovered a 27-year-old OpenBSD bug and thousands of zero-days across every major OS and browser.
Anthropic
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Nvidia has now committed more than $40 billion to AI equity deals this year, including $30B in OpenAI, $3.2B in Corning for optical interconnect plants, and $2.1B in data-center operator IREN.
CNBC
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At its second annual developer conference, Anthropic unveiled a stack of agentic features — overnight self-improving 'dreaming' agents, scheduled Routines, multi-agent orchestration, automated Code Review and CI auto-fix — alongside doubled Claude Code rate limits.
Simon Willison's Live Blog
Read more →Anthropic's annualized revenue tripled to $30 billion in the first four months of 2026, eclipsing OpenAI's disclosed $24 billion run rate as enterprise demand for Claude Mythos and the new managed agents pulled forward years of forecast growth.
Sherwood News
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Anthropic has secured the entire compute capacity of SpaceX's Colossus 1 data center in Memphis — over 300 megawatts and 220,000 NVIDIA GPUs — and the two companies are exploring multiple gigawatts of orbital AI compute.
Anthropic
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Anthropic has reportedly agreed to spend $200 billion with Google over five years on TPUs and cloud capacity, accounting for more than 40% of Google's disclosed revenue backlog and briefly pushing Alphabet past Nvidia in market value.
Engadget
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SAP is buying Prior Labs and pledging more than €1B over four years to spin up a Freiburg-based frontier lab for Tabular Foundation Models, AI built for structured business data.
SAP News
Read more →Anthropic is lining up a $50B round at a roughly $900B valuation, more than doubling its February mark and leapfrogging OpenAI ahead of a possible October IPO.
TechCrunch
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Danish pharmaceutical giant Novo Nordisk has signed a strategic partnership with OpenAI to deploy AI across drug discovery, clinical trials, manufacturing, and corporate operations, with full integration planned by the end of 2026.
Novo Nordisk
Read more →Private equity giant KKR has secured more than $10 billion to launch Helix Digital Infrastructure, a new full-stack AI infrastructure company led by former AWS CEO Adam Selipsky.
TechStartups
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OpenAI chair Bret Taylor's customer-experience agent startup banks $950M led by Tiger Global and GV, doubling its valuation in six months as it claims more than 40% of the Fortune 50.
TechCrunch
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Meta has bought robotics-AI startup Assured Robot Intelligence, founded by Lerrel Pinto and Xiaolong Wang, folding the team into Superintelligence Labs to build foundation models for humanoid machines.
TechCrunch
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Toronto-based Cohere is absorbing Germany’s Aleph Alpha in a $20B combination backed by a $600M check from Schwarz Group, pitched as a sovereign AI alternative to U.S. hyperscalers and blessed by both governments.
TechCrunch
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A four-month-old AI lab founded by ex-DeepMind, OpenAI, and Salesforce researchers is targeting fully self-improving frontier AI — and has already pulled in oversubscribed funding from Google's venture arm and Nvidia.
The Decoder
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The DeepMind veteran behind AlphaGo and AlphaZero has emerged from stealth with the largest seed round in European history, backed by Sequoia, Lightspeed, Nvidia, and Google to chase superintelligence through pure reinforcement learning.
CNBC
Read more →A new report says Anthropic is in early discussions to buy specialized inference silicon from UK-based Fractile when it ships in 2027, joining a broader push to ease its dependence on Nvidia and AWS.
The Information
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The web-search-for-agents startup founded by the former Twitter CEO closed a $100 million Series B at a $2 billion valuation just five months after its Series A — a near tripling of its price tag as Clay, Harvey, Notion, and Opendoor pile in as customers.
TechCrunch
Read more →Google split its eighth-generation TPU into a training giant and an inference workhorse, paired with a 134,000-chip Virgo Network fabric aimed squarely at agentic AI.
Accenture Ventures led a $110 million round in Netomi as the agentic AI platform expands deployments at Delta, United, Paramount Skydance, the NBA and DraftKings.
SiliconANGLE
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