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Cloud data company Snowflake has entered into a $200 million multi-year AI deal with OpenAI on Monday, the latest signal that enterprise AI competition continues to heat up. Under the deal, Snowflake’s 12,600 customers will have access to OpenAI models across all three major cloud providers. Snowflake employees access to OpenAI’s ChatGPT Enterprise as well….
As demand grows for privacy-first enterprise AI that can run without sending sensitive data to the cloud, SpotDraft has raised $8 million from Qualcomm Ventures in a strategic Series B extension to scale its on-device contract review tech for regulated legal workflows. The extension values SpotDraft at around $380 million, the startup told TechCrunch, nearly…
OpenAI has reorganized some of its leadership and picked a familiar face to lead its push into selling AI to business customers as the company looks to catch up to its rivals in 2026. The company appointed Barret Zoph to lead its efforts to sell its AI to enterprises, according to reporting from The Information,…
Last year was a tumultuous one for the U.S. semiconductor industry. From leadership changes at legacy companies to continuously changing dialogue around AI chip export controls, a lot has happened. If the first few weeks of 2026, which saw new chip tariffs and international semiconductor deals, are any indicator — this year will be as unexpected as the last. But before we…
Amagi Media Labs, a Bengaluru-headquartered company that sells cloud software used to run and monetize TV and streaming channels, saw its shares slide in its India market debut after raising ₹17.89 billion (about $196 million) in an IPO — a deal that stands out in a market still dominated by consumer companies going public. Shares…
The AI industry entered 2025 with strong momentum. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “mega-round,” and seven companies raised rounds that were $1 billion in size or larger. The industry didn’t slow down in 2025. While less companies raised rounds larger than $1 billion, four — Anthropic raised…
Anahita Laverack was set on becoming an aerospace engineer, but her career took a different turn after a realization at an autonomous robotics challenge inspired her to launch Oshen, a company that builds fleets of robots that collect ocean data. In 2021, Laverack, a storied sailor, decided to build and enter a robot in the…
Articul8, an enterprise AI company spun out of Intel in early 2024, has secured more than half of a planned $70 million funding round at a $500 million pre-money valuation, according to its CEO, as it looks to capitalize on growing demand for AI systems in regulated industries. The Series B funding round is structured…
AMD Chair and CEO Lisa Su kicked off her keynote at CES 2026 with a message about what compute could deliver: AI for everyone. As part of that promise, AMD announced a new line of AI processors as the company thinks AI-powered personal computers are the way of the future. The semiconductor giant revealed AMD…
Concerns about how AI will affect workers continue to rise in lockstep with the pace of advancements and new products promising automation and efficiency. Evidence suggests that fear is warranted. A November MIT study found an estimated 11.7% of jobs could already be automated using AI. Surveys have shown employers are already eliminating entry-level jobs…