AI
Stripe Acquires OpenRouter in Reported $7.5B AI Infrastructure Deal
Stripe is acquiring OpenRouter in a reported $7.5 billion deal, expanding beyond payments into AI model routing, token spending and developer infrastructure.
Enterprise AI
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AIOpenAI Unveils Private Safety Processing for Zero Data Retention
OpenAI previews Private Safety Processing, a system designed to detect misuse across interactions while preserving zero data retention for eligible customers.
AICognition CEO Denies Report That SpaceX Tried to Acquire AI Startup
Cognition CEO Scott Wu denies a report that SpaceX tried to acquire the AI coding startup, saying Cognition is not for sale and the companies held no talks.
BriefAnthropic Revenue Run Rate Surges Past $65B Ahead of Potential IPO
Anthropic’s annualised revenue run rate topped $65 billion in July, up from $47 billion in May, as the Claude maker moves toward a potential public listing.
BriefHiggsfield Raises $400M at $5.4B Valuation as Enterprise AI Video Demand Grows
Higgsfield raised $400 million at a $5.4 billion valuation as the AI video startup expands enterprise tools, product development and computing capacity.
BriefOpenAI Previews Ultrafast Mode for GPT-5.6 Sol at Up to 14x Speed
OpenAI introduces Ultrafast, a preview API service tier that runs GPT-5.6 Sol up to 14x faster and delivers up to output tokens per second.
AIIBM Partners With OpenAI to Expand Enterprise AI Consulting
IBM partners with OpenAI to bring GPT-5.6, Codex and ChatGPT Work to enterprise clients globally through IBM Consulting and a new dedicated OpenAI practice.
AIOpenAI Names Dali Rajic Chief Revenue Officer as Leadership Shake-Up Continues
OpenAI names Wiz president Dali Rajic as chief revenue officer, with Denise Dresser departing as the company reshapes leadership ahead of a potential IPO.
AIMicrosoft Merges Copilot Apps as It Retires Deep Research, Podcasts and Group Chats
Microsoft is merging its Copilot and Microsoft 365 Copilot apps while retiring Deep Research, Podcasts, Group Chats and Mico during an August rollout.
BriefCognition Reportedly Seeks New Funding at $40 Billion Valuation
Cognition is reportedly discussing a new funding round at a $40 billion valuation as revenue and enterprise adoption of its Devin coding agent accelerate.
EnterpriseRippling Launches AI Spend Tool After Millions Spent on AI Tokens
Rippling has launched AI Spend Console to help companies track AI costs, compare employee productivity, and route work to more cost-effective models.
EnterprisePalantir CEO Alex Karp Criticises AI Labs After Record-Breaking Quarter
Palantir CEO Alex Karp criticised leading AI labs while reporting record quarterly results, arguing enterprises should retain control of their data and AI infrastructure.