Drone delivery and logistics startup Zipline is in talks to raise about $1 billion. The company's valuation could reach roughly $20 billion, nearly triple its previous valuation.
Oracle is laying off 359 employees in Washington state in its second major round of cuts this year tied to a shift toward AI development. Engineering and management roles are affected, Seattle offices are not closing, and the last working day is November 13.
A consortium of 10 banks provided a $22 billion loan for chip purchases to support the new cloud project Crux AI, created by Blackstone and Alphabet. It is one of the largest debt deals in the AI infrastructure financing race.
During Matt Mullenweg's 33-hour removal as Automattic CEO, interim head Mark Davies and legal chief Andy Missan signed severance agreements for each other. After returning, Mullenweg fired both, and the company now owes them $8.15 million — a year's salary plus accelerated equity vesting.
Meta globally launched Meta One subscription, bundling over 50 paid features across Instagram, Facebook, WhatsApp and Meta AI. Tiers: individual subscriptions $2.99–3.99, Core $7.99, Premium $19.99, and for creators and businesses $14.99–499 per month. The service has already gathered over 15 million subscriptions and trial sign-ups.
Ooma announced a partnership with Starlink to offer StarDial, a service that adds landline phone service to satellite internet in remote U.S. areas. The base station and handset kit costs $129.99 with no monthly fee, but taxes and fees apply.
Anthropic is preparing for an IPO and has chosen Nasdaq as the listing venue. The developer of the Claude chatbot aims to raise at least as much as SpaceX; the offering could take place as early as October.
Former Waymo CFO Elisa de Martel has become CFO of British self-driving startup Wayve. She worked at Waymo from 2022 to January 2026, including a $5.6 billion round and a valuation over $45 billion. Wayve is valued at about $8.5 billion and has raised $3.2 billion.
Deloitte Digital became the first global systems integrator to implement a Salesforce Forward Deployed Engineering project. At Dreamforce 2026, the company presented the Salesforce Data Foundation approach based on MuleSoft, Informatica, and Data 360 to integrate Agentforce AI agents with governed data.
Salesforce plans to double its forward deployed engineers in the UK to about 95 specialists. They will be embedded in customer teams to help deploy Agentforce and Data 360 AI tools.
Analysts at Capital Economics believe markets are in the late stage of a bubble due to overcapitalization of the AI boom: eight indicators are at historical peaks. The Fed may raise rates as core inflation falls to a post-pandemic low in August.
According to The Information, Apple plans to release a server product by 2029 based on two or four M8 Ultra chips and possibly using Nvidia NVLink Fusion technology. The company discontinued its Xserve line in 2011.
Gartner analyst Domenico Scriva found that migrating from Microsoft 365 to Google Workspace does not bring significant savings despite lower license prices. Considering that the M365 E5 tier includes telephony, security and OS licenses, while Copilot is a paid add-on, Google ends up $2 per month more expensive.
AT&T subsidiary Cricket Wireless launched a fixed wireless access service via 5G. The plan costs from $45 per month standalone or $75 per month bundled with mobile service.
Circle officially launched the Arc blockchain, supporting trading of stablecoins, tokenized stocks, and other assets. According to CEO Jeremy Allaire, the network will also support perpetuals, credit protocols, and social trading apps.
Combined revenue of 105 public Taiwanese chip designers reached NT$1.15 trillion for January–August 2026, up 29.6% year over year. Memory manufacturers provided the main growth.
US open AI model developer Arcee AI closed a Series B round at a $1 billion pre-money valuation. According to a source, the company raised at least $150 million.
Toronto-based Portage raised about $600 million (836 million Canadian dollars) for its fourth venture fund, Portage Ventures IV. The fund invests in fintech startups from seed to Series C in wealth management, banking, insurance, and payments. Portage's total assets under management reached $7 billion.
Jack & Jill (Tinker Tailor Talent Ltd.) raised $40M in Series A led by Air Street Capital with Madrona, Creandum, and Entrepreneurs First. Total funding reached $60M. The platform uses two AI agents: Jack talks to candidates by voice, Jill studies company requirements, and they match pairs without resumes or applications.
According to an Ensono report, 78% of IT leaders consider legacy systems more important than two years ago, as mainframes store data and business logic for AI. 45% of companies are scaling AI, while 44% invest in point solutions.
Peak XV Partners sold a 1.47% stake in Billionbrains Garage Ventures (Groww's parent company) via a bulk deal for Rs 1,756 crore. The deal follows share sales by Y Combinator and Ribbit Capital in August. Groww shares fell 4% to Rs 189.76, with market cap around Rs 1.19 lakh crore ($12.5 billion).
Chipotle is working with Palantir on a food safety risk assessment platform based on Foundry. The system analyzes health inspection scores, pest incidents, and employee illnesses, assigning each store a risk score. A Chipotle spokesperson confirmed the partnership; details were not disclosed.
Over the weekend, fears about existential AI risks hit chipmaker stocks, but investors poured into major data center operators: Microsoft, Google, and Meta rose more than 2% on Monday. The trigger was Anthropic researcher Jacob Coxon's statement about 'playing with lives' and Dario Amodei's calls to slow AI development.
Nvidia CEO Jensen Huang spoke out against slowing AI development despite growing safety concerns over increasingly powerful systems. Nvidia's data center revenue reached 92% of the company's total.
Zoom unveiled Revenue OS, an AI platform for revenue management and customer work, marking its entry into the CRM market. The company is diversifying products amid falling corporate demand and faces tough competition.
A Moody's report found US data center construction is outpacing grid development. By 2030 their consumption could exceed 426 TWh, requiring about $110 billion in new generating capacity. Some projects face delays of up to seven years.
Self-driving taxi company May Mobility will merge with SPAC ACP Holdings Acquisition Corp. and become public. The deal could raise over $300 million at a $1.4 billion valuation, including $120 million PIPE and up to $217 million from a trust account.
TotalEnergies signed a three-year partnership with Mistral worth over €100 million to develop frontier AI models for oil and gas exploration and production. The companies will also create a joint research laboratory.
Ericsson announced NetCloud Private, a solution for managing the Wireless WAN lifecycle that keeps network telemetry and control data within the customer's infrastructure. The product targets government agencies, critical infrastructure, and regulated organizations using 5G. General availability is expected next month.
Goodman Group raised $455M for the Hong Kong Data Centre Partnership. The funds will mainly go toward engineering and electrical fit-out of the Goodman HKG10 data center in Tsuen Wan, which will open in early 2028.
