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Category · Business & Funding

AI business and funding news

Business & Funding tracks the money in artificial intelligence: funding rounds, valuations, acquisitions, partnerships, revenue figures and the deals between labs, cloud providers and chip makers. It is for founders, investors, analysts and operators who need to know who is raising, who is buying whom and what the numbers say about where the industry is going. Stories name the amounts and investors as reported, link to the company's announcement or filing where one exists, and say when a figure comes from a single unnamed source. Funding rounds also feed the funding tracker, which lists every deal we have covered.

This week in Business & Funding

seven days to 6 October

103 Business & Funding stories this week, from 60 publishers. The biggest: Trump may pursue ownership stake in OpenAI and Anthropic, report says. Trump raised idea of AI equity partnership in June 2026, citing a 2025 Intel model. A government stake in AI firms could shift control, affect IPO valuations, and set precedent for state involvement in frontier technology markets. Also this week: Salesforce buys AI customer research startup Listen Labs; Anthropic may launch IPO as early as week of Nov. 9 and Deepseek raises at least $12B with CATL, Tencent backing V4-Flash model.

Key topics

most mentioned this week

Most important

this week, by importance
  1. Business & Funding new

    Trump may pursue ownership stake in OpenAI and Anthropic, report says

    President Donald Trump said he might pursue an ownership deal with OpenAI and Anthropic, aiming to share AI‑driven wealth with the American public. The idea echoes a 2025 Intel move where the Trump administration…

    2 sources
    cryptobriefing.comnote.com
  2. Business & Funding new

    Salesforce buys AI customer research startup Listen Labs

    Salesforce announced a definitive agreement to acquire Listen Labs, an AI‑driven customer research platform, for about $2 billion, with the transaction expected to close in Salesforce’s fiscal fourth quarter of 2027,…

    2 sources
    axios.comMarTech
  3. Business & Funding new

    Anthropic may launch IPO as early as week of Nov. 9

    Anthropic is preparing for an initial public offering that could start as early as the week of Nov. 9, according to Bloomberg. South Korean telecom giant SK Telecom, which holds an equity stake in Anthropic, has…

    1 source
    upi.com
  4. Business & Funding new

    Deepseek raises at least $12B with CATL, Tencent backing V4-Flash model

    Deepseek is close to raising at least $12 billion in a new funding round, Bloomberg reports, with battery maker CATL and Tencent leading the investment. The startup originally sought $7.5 billion at a $75 billion…

    3 sources
    CNBC TechnologyThe Decoderfinance.yahoo.com
  5. Business & Funding new

    Anthropic targets $2 trillion IPO in November with $518 billion compute plan

    Anthropic is preparing for an initial public offering as early as mid-November, targeting a valuation of approximately $2 trillion, according to multiple reports citing a leaked prospectus. The filing reveals 2025…

    8 sources HN 7
    cryptobriefing.comSemiAnalysisfinance.yahoo.comfool.com +1 more

All Business & Funding stories

newest first
  1. Business & Funding new

    OpenAI reportedly in talks for $30B round with UAE funds

    OpenAI is reportedly negotiating a new $30 billion funding round, with UAE-based funds potentially contributing up to $10 billion, according to Bloomberg. The report cites sources familiar with the matter, noting that…

    3 sources
    cryptobriefing.comfinance.yahoo.cominvezz.com
  2. Business & Funding new

    Anthropic’s CEO Amodei earned $18M in 2025, prospectus shows

    Anthropic’s IPO prospectus reveals Dario Amodei earned $18 million last year as CEO, mostly in stock and options. His sister Daniela Amodei, president of the company, received $16.4 million in total compensation, with…

    4 sources
    reuters.comlapaasvoice.comthenextweb.comcalcalistech.com
  3. Business & Funding new

    TechCrunch Disrupt 2026 sessions cover open vs closed AI model choices

    TechCrunch Disrupt 2026, scheduled for October 13-15 at Moscone West in San Francisco, features four key sessions addressing how AI founders choose between open and proprietary models. The event expects over 10,000…

    2 sources
    TechCrunch AI
  4. Business & Funding new

    Microsoft and Meta reduce internal use of Anthropic's Claude models

    Microsoft and Meta are both reducing internal reliance on Anthropic's Claude AI models, according to multiple reports. Microsoft has cut its projected internal spending on Claude by more than one-third, down from an…

    9 sources
    cryptobriefing.comfreepressjournal.inThe Decodernote.com +2 more
  5. Business & Funding new

    Melius Research upgrades Microsoft to buy with $665 price target

    Melius Research upgraded Microsoft to a buy rating and set a $665 price target, sending the shares up 2% to $527.29. The firm argues that corporate anxiety over AI security and governance is driving enterprises toward…

    4 sources
    finance.yahoo.com247wallst.com
  6. Business & Funding new

    Alphabet’s AI revenue grows via cloud and ads, raising capex concerns

    Alphabet’s AI monetization strategy combines direct sales through Google Cloud and indirect gains from AI-driven ad revenue. In Q2 2026, Google Cloud revenue hit $24.77B, up 82%, while Search and other ad revenue…

    3 sources
    247wallst.com
  7. Business & Funding new

    AMD and Microsoft stock splits irrelevant to AI valuation, analysis says

    An analysis argues that the lack of recent stock splits at AMD and Microsoft is irrelevant to their investment value, noting that both companies have delivered significant returns over the past decade without splitting…

    1 source
    247wallst.com
  8. Business & Funding new

    SignSplit raises $400M from W Group at $1B valuation

    SignSplit, a startup offering infrastructure for digitally signing datasets, likenesses, and creative works, announced it raised $400 million from W Group at a $1 billion valuation. The company, founded in 2024 and led…

    1 source
    siliconangle.com
  9. Business & Funding new

    Kuaishou’s Kling picks banks for $1B+ Hong Kong IPO, valued at $15B

    Kuaishou Technology’s AI unit, Kling, has chosen banks to lead its Hong Kong IPO, targeting a raise of at least $1 billion. The company’s valuation stands at $15 billion following a $2.8 billion funding round in July,…

    1 source
    bloomberg.com
  10. Business & Funding new

    Anthropic launches $100M residency to train 10,000 AI engineers by 2027

    Anthropic has announced Claude Frontier Academy, a $100 million program designed to train 10,000 Frontier Deployed Engineers (FDEs) by the end of 2027. The initiative mimics medical residencies, combining in-person…

    1 source
    freepressjournal.in
  11. Business & Funding new

    Anthropic reportedly aims to raise up to $100 billion in IPO, Broadcom to loan up to $42 billion

    Anthropic confidentially filed for an IPO in June and is reportedly targeting a raise of up to $100 billion, which would surpass SpaceX's $86 billion record. Reuters reported on October 1 that Anthropic's filing shows…

    1 source
    fool.com
  12. Business & Funding new

    Insurers brace for multimillion-dollar claims from rogue AI agents

    Insurers are preparing for multimillion‑dollar claims stemming from AI agents that have broken free of parent companies’ controls. Aon analysed more than 300 AI‑related legal cases and found insurers could be on the…

    1 source
    ft.com
  13. Business & Funding new

    Seagate and Toshiba reportedly bid for TDK's HDD head business

    Bloomberg reported that Seagate Technology Holdings Plc and Toshiba Corp. are competing to acquire TDK Corp.'s magnetic-heads business for hard-disk drives. The deal is described as multibillion-dollar in scale. The…

    1 source
    bloomberg.com
  14. Business & Funding new

    Moonshot AI closes final private round at $50 billion valuation, plans $5 billion Hong Kong IPO

    Moonshot AI has wrapped up its last private fundraising round, with sources saying the company is now valued at roughly $50 billion. The valuation reflects the market’s confidence in the firm’s AI ambitions, though the…

    1 source
    bloomberg.com
  15. Business & Funding new

    Claude AI portfolio buys Syndax and BioCryst pharma stocks, report says

    An investment experiment called AI Finance Labs, which runs public portfolios directed by AI models, has updated its holdings. The portfolio managed by Anthropic's Claude AI sold its positions in Ardelyx Inc. and Aris…

    1 source
    finance.yahoo.com
  16. Business & Funding new

    Bain estimates AI needs $6 trillion in annual revenue by 2031

    A new report from Bain & Company suggests that the artificial intelligence industry faces a significant revenue gap. The firm estimates that AI requires $6 trillion in annual revenue by 2031 to justify its…

    1 source
    finance.yahoo.com
  17. Business & Funding new

    Etched in early talks to raise $40B-$50B valuation

    Etched, an AI inference‑chip startup, is reportedly in early talks to raise funding at a $40B-$50B valuation, up from its $21B valuation in August. The company has already raised $700 million in September at a $21…

    1 source
    techcrunch.com
  18. Business & Funding new

    D.E. Shaw targets $1B for second Voltaic fund, sources say

    Hedge fund D.E. Shaw is aiming to raise $1 billion for its second Voltaic venture and growth equity fund, according to people familiar with the matter. This target is more than double the size of its predecessor,…

    1 source
    finance.yahoo.com
  19. Business & Funding new

    Zeta Global acquires Y Combinator-backed Senso to boost AI discovery tools

    Zeta Global announced on Oct. 5, 2026 that it signed an agreement to acquire Senso, an AI engineering firm backed by Y Combinator. The deal will bring Senso’s technology, which already powers Zeta’s Generative Engine…

    1 source
    blockonomi.com
  20. Business & Funding new

    Cramer says AI giants mask stock market pressure from rising yields

    CNBC's Jim Cramer argues that a small group of AI-focused tech giants is masking significant market pressure caused by surging Treasury yields. On Monday, the Nasdaq Composite hit a record high, and the S&P 500 gained…

    1 source
    CNBC Technology
  21. Business & Funding new

    SpaceX stock surges 8% to $171.09, restoring Musk’s trillionaire status

    SpaceX shares climbed nearly 8% on Monday, reaching their highest since June 16, when the company’s IPO closed at a record $201.80. The rally pushed Elon Musk’s net worth past $1.03 trillion, according to Forbes,…

    1 source
    CNBC Technology
  22. Business & Funding new

    OpenAI PR interrupts Altman interview over ChatGPT suicide question

    During a Vanity Fair interview, an OpenAI publicist interrupted editor Mark Guiducci as he questioned CEO Sam Altman about the suicide of a ChatGPT user. Guiducci had asked if Altman knew Laura Reiley, a journalist who…

    2 sources
    The Verge AIcryptobriefing.com
  23. Business & Funding new

    AIRS Medical gets FDA clearance for SwiftSight Body Composition MRI tool

    AIRS Medical announced that the U.S. Food and Drug Administration granted 510(k) clearance for its AI‑powered quantitative MRI software, SwiftSight Body Composition. The first customer to deploy the tool is SimonMed…

    1 source
    Unite.AI
  24. Business & Funding new

    Microsoft may lease AI compute from SpaceX, report says

    SpaceX is in talks to lease AI computing capacity to Microsoft, according to a report by The Information. The status of these discussions is unclear, and Microsoft has declined to comment. This potential deal would add…

    1 source
    finance.yahoo.com
  25. Business & Funding new

    Anthropic discloses $660 million non‑cash charitable stock‑matching expense

    Anthropic has disclosed a non‑cash expense of more than $660 million covering October 2025 through March 2026. The cost comes from a program that matches employee charitable stock donations, with the company…

    2 sources
    The Decodercryptobriefing.com
  26. Business & Funding new

    Lawsuit alleges Nvidia's $20B Groq deal shortchanged stockholders

    Former Groq engineers Joshua Rubin and Benjamin Serebrin filed a lawsuit in Delaware on Oct. 2, alleging that Nvidia's $20 billion acquisition of Groq assets unfairly squeezed out stockholders. The plaintiffs claim the…

    1 source
    CNBC Technology
  27. Business & Funding new

    Nvidia and Broadcom await TSMC's October 15 outlook for 2027 AI demand

    Nvidia and Broadcom are both positioned to benefit from strong AI demand, with Nvidia's Data Center revenue reaching $89 billion last quarter and Broadcom forecasting $115 billion in AI semiconductor revenue for fiscal…

    3 sources
    fool.com247wallst.comfinance.yahoo.com
  28. Business & Funding new

    DBS CIO says Nvidia's 17x forward P/E and 70% revenue growth signal AI stocks are not in a bubble

    DBS Chief Investment Officer Hou Wey Fook argued on October 5, 2026 that Nvidia's valuation and growth metrics indicate AI stocks are not in a bubble, citing a roughly 17x forward price-to-earnings ratio and a…

    8 sources
    finance.yahoo.comcryptobriefing.comfool.com
  29. Business & Funding new

    Flexera CEO Mike Jerich says AI spend visibility is key to growth

    Mike Jerich, who became President and CEO of Flexera in July 2026, outlined the company’s strategy to help enterprises manage rising AI costs. Jerich noted that traditional technology management models are struggling…

    1 source
    Unite.AI
  30. Business & Funding new

    Collibra acquires trail ML for AI governance automation

    Collibra announced on October 5, 2026, that it has acquired trail ML, a Munich-based AI governance startup founded in 2023. The deal integrates trail ML’s agent-powered automation into Collibra’s platform, aiming to…

    1 source
    Unite.AI
  31. Business & Funding new

    A nearly $12 billion deal between Akamai and Anthropic may benefit Nvidia indirectly

    A nearly $12 billion agreement between cloud infrastructure provider Akamai Technologies and AI lab Anthropic has been reported, though the article does not name the specific terms or confirm if the deal is finalized.…

    2 sources
    seekingalpha.comfinance.yahoo.com
  32. Business & Funding new

    Oracle reportedly makes $7b lease deal with Tencent for 100,000 AI chips

    Oracle has reportedly entered a five‑year lease agreement with Tencent for about 100,000 advanced AI chips that are not available in China. The deal is estimated to be worth about $7 billion, or roughly $1.60 per chip…

    1 source
    Tom's Hardware
  33. Business & Funding new

    Global X’s LLM ETF tops with SK Hynix, not NVIDIA

    Global X’s new Global X LLM ETF (LLMA) launched on September 29, focusing on large language models. Its top holding is SK Hynix at 7.1% of assets, not NVIDIA, which ranks 13th at 2.7% ($293 million). Memory chipmakers…

    1 source
    finance.yahoo.com
  34. Business & Funding new

    Survey finds only 11% of ~400 businesses could forecast AI spending

    A Wall Street Journal‑cited survey of roughly 400 companies shows that just 11% said they could forecast how much they would spend on artificial‑intelligence tools. The same report references a separate study that…

    1 source
    wsj.com
  35. Business & Funding new

    PwC and Cohere announce global AI alliance

    The alliance announced on Oct 5, 2026 by PwC and Cohere aims to help enterprises run secure AI in production and achieve measurable returns. It pairs Cohere’s North agentic AI platform, enterprise models, and search…

    1 source
    Unite.AI
  36. Business & Funding new

    Bloomberg reports AI wealth surge peak likely reached

    Bloomberg reports that the peak of this wealth surge has likely been reached. The billionaire headcount rose 8.2% year over year in 2025, while their combined fortunes grew 12.8%. Equity was the main engine, with…

    2 sources
    bloomberg.comcryptobriefing.com
  37. Business & Funding new

    NVIDIA hits $5.72 trillion market cap as interest rates rise despite weak jobs data

    U.S. stocks diverged last week: the Nasdaq and NVIDIA reached record highs while the Dow and small caps fell. NVIDIA briefly touched $237.87, pushing its market capitalization to $5.72 trillion. The September jobs…

    1 source
    note.com
  38. Business & Funding new

    Anthropic invests $100 million to train 10,000 engineers by end of 2027

    Anthropic launched the Claude Frontier Academy on October 2, 2026, backed by a $100 million commitment to train 10,000 Frontier Deployed Engineers by the end of 2027. The program’s first cohort includes engineers from…

    15 sources primary source
    note.comthedailystar.netCNBC TechnologyUnite.AI +7 more
  39. Business & Funding new

    AMD warrants for OpenAI and Meta may dilute shares by 16%

    AMD granted warrants to OpenAI and Meta for up to 320 million shares at $0.01 each, tied to the delivery of 12 gigawatts of AI chips. With AMD stock recently closing above the $600 threshold, these warrants are now…

    1 source
    fool.com
  40. Business & Funding new

    BNP Paribas raises Nvidia target to $345, sees up to 47% upside

    BNP Paribas has kept an Outperform rating on Nvidia and lifted its target price to $345 from $285, citing the company’s full‑stack platform as a key advantage. The brokerage notes that Nvidia’s upcoming Vera Rubin…

    1 source
    economictimes.indiatimes.com
  41. Business & Funding new

    Vanguard tech ETF provides low-cost exposure to AI chip makers

    The Vanguard Information Technology ETF (VGT) is heavily weighted toward semiconductor companies, with semiconductors, materials, and equipment making up 42% of the fund and six of its ten largest holdings—Nvidia,…

    1 source
    fool.com
  42. Business & Funding new

    Huawei agrees multi-year patent licence deal with Qualcomm

    On Monday, Huawei Technologies announced a multi‑year patent licence agreement with Qualcomm. The deal covers intellectual property in AI, 5G, computing and networking technologies. It marks Huawei’s first 5G licensing…

    2 sources
    Unite.AIreuters.com
  43. Business & Funding new

    Cerebras stock falls nearly 20% after Nvidia to power OpenAI model

    Cerebras Systems shares dropped almost 20% this week, hitting their lowest price since the May IPO, after a report that Nvidia will supply GPUs for OpenAI's new GPT-6.1 Sol model. The decline follows the expiration of…

    3 sources
    CNBC Technologyfinance.yahoo.com
  44. Business & Funding new

    China's gray market resells Claude tokens via USDT-funded cards and proxies

    In Beijing's Haidian District, a hub for universities and tech firms, a gray market has emerged that trades access to Claude AI accounts. The market operates through a network of token resellers who accumulate multiple…

    1 source
    theinformation.com
  45. Business & Funding new

    Microsoft's $7.5B GitHub acquisition seen as AI-era strategic move

    Microsoft bought GitHub in 2018 for roughly $7.5 billion, pledging to keep the platform open and developer‑first. The article argues that the deal was less about reconciling with the open‑source community and more…

    1 source
    note.com
  46. Business & Funding new

    Microsoft AI CEO predicts $100B frontier model training runs in coming years

    Microsoft AI CEO Mustafa Suleyman forecast in late September 2026 that a single frontier AI training run could soon cost many tens of billions, possibly $100 billion, within the next two years. He estimates only five…

    1 source
    cryptobriefing.com
  47. Business & Funding new

    AI investors watch Applied Digital earnings, Microsoft event, SF Tech Week

    After Micron's strong earnings last week highlighted continued AI-driven semiconductor demand, investors are turning to Applied Digital's fiscal Q1 2027 results on Wednesday. Analysts expect the AI data center…

    1 source
    finance.yahoo.com
  48. Business & Funding new

    Chinese AI labs close gap with OpenAI and Anthropic, report says

    A Bloomberg Markets report indicates that Chinese AI laboratories are narrowing the performance gap with U.S. leaders like OpenAI and Anthropic. The report notes that recent evaluations show Chinese models,…

    1 source
    cryptobriefing.com
  49. Business & Funding new

    Stability AI raises $76M from music labels to build audio tools

    Sean Parker, co-founder of Napster, is leading Stability AI's pivot from image generation to music production. Two years after joining an $80 million rescue effort following the company's near-collapse and the ouster…

    2 sources
    theinformation.comTechCrunch AI
  50. Business & Funding new

    Anthropic IPO filing warns US government actions could hurt business

    Anthropic’s IPO prospectus, reviewed by Reuters, warns that U.S. government actions could negatively impact its commercial relationships and reputation, not just its federal contracts. The filing cites specific…

    2 sources
    indiatoday.infinance.yahoo.com
  51. Business & Funding new

    Anthropic reports $42B net loss and $518B AI spending plan in IPO filing

    Anthropic’s IPO prospectus shows the company lost nearly $42 billion in 2025, despite revenue rising twelvefold to $4.6 billion. The net loss included an $8 billion operating loss and a $34 billion non-cash accounting…

    74 sources HN 44
    cryptobriefing.comaol.comcalcalistech.comanalyticsinsight.net +27 more
  52. Business & Funding new

    Change.org invests $100M to rebuild platform with AI

    Change.org has announced a $100 million investment from its own funds to rebuild its core petitions platform using artificial intelligence. The company, which was originally venture-backed before a 2021 restructuring…

    1 source
    axios.com
  53. Business & Funding new

    Alphabet Appears To Be The Easiest AI Trade Of The Year Before Its Q3 Print

    A Seeking Alpha analyst has rated Alphabet a "Strong Buy," arguing that the market is overreacting to concerns about AI-driven search disruption and capital expenditure. The analyst holds a long position in GOOG and…

    1 source
    seekingalpha.com
  54. Business & Funding new

    Oppenheimer says enterprise AI spending shifting toward measurable returns

    Oppenheimer’s research notes that enterprise artificial‑intelligence budgets are moving out of the experimental phase and becoming a recurring operating expense. Chief financial officers are now weighing AI costs…

    1 source
    finance.yahoo.com
  55. Business & Funding new

    Anthropic plans a $31bn datacentre in rural Queensland to power Claude

    Anthropic plans to build a $31 billion datacentre on a 725-hectare feedlot site near Kogan, Queensland, to power its Claude large language model. The project, proposed by Singapore-based developer Zerra DC, would…

    1 source
    The Guardian AI