Business
Today
Nebius launches 2026 Physical AI Awards with $150K compute prizes
Nebius and NVIDIA invite startups to apply for one of five $150,000 compute credit awards, with a deadline of Oct. 25.
AWS launches AI contract platform using Quick and Bedrock AgentCore
Amazon’s new web app extracts key fields from PDFs, verifies them with dual AI agents, and lets users ask portfolio‑wide or single‑contract questions.
QumulusAI signs $240.9M AI inference contracts for NVIDIA Blackwell B300 GPUs
QumulusAI secured two three‑year, take‑or‑pay deals covering over 2,000 NVIDIA Blackwell B300 GPUs, worth $240.9 million.
NetBrain study shows 241% ROI for large enterprise network platform
Forrester Consulting found the NetBrain platform gave a composite $5 billion company a 241% return on investment and better network performance.
Cloudflare uses AI tool CryptoLabe to map post‑quantum crypto migration
Cloudflare built an internal AI system called CryptoLabe to locate and classify cryptography in its code, aiming for full post‑quantum readiness by 2029.
Cloudflare tests its WAF against advanced AI models
A custom AI‑driven tester sent 1,107 attack attempts to a customer staging site; most were blocked, leading to three new rule updates.
Reco raises $55M to expand AI agent security platform
The startup said the new money will help it add integrations and hire staff as firms scramble to track thousands of hidden AI agents.
Dodge AI raises $2.65 million to automate enterprise software upkeep
Accel and Google’s AI Futures Fund led a seed round for Dodge AI, which aims to replace consultant teams with AI agents that maintain SAP, Salesforce and similar systems.
Book recounts tense 2022 meeting between Anthropic and Nvidia chiefs
An upcoming book says Dario Amodei and Jensen Huang clashed at their first meeting over Anthropic’s computing needs. The account includes reported personal jabs from both executives.
Synthesia builds an interactive AI avatar of journalist Alexandru Voica
The video‑generation startup created a digital twin that can answer questions about a specific article, showing its new Roleplay Sessions capability.
HMRC signs up to £2.4 billion Salesforce deal for tax‑payer CRM
The UK tax authority will use Salesforce’s cloud CRM for at least ten years, aiming to modernise its customer service and add AI tools.
Google tests direct Flipkart purchases in Gemini AI mode in India
A small group of Indian users can now tap a Buy button in Google’s Gemini and AI Mode to checkout on Flipkart without leaving the AI chat.
Court upholds Pentagon’s ability to blacklist Anthropic over Claude feature dispute
The D.C. Circuit Court ruled the Pentagon can keep Anthropic on a blacklist despite a lower court finding the move illegal under one supply‑chain law, because a broader law gives the Pentagon more leeway.
Engram turns AI audio glitches into experimental music
Music startup Thoughtful Things has launched a Kickstarter for Engram, a sampler that uses AI to alter sounds and create new ones. The offline instrument starts at $675 for early backers.
Anthropic’s IPO filing pairs rapid growth with stark AI risks
Anthropic’s reported IPO prospectus describes fast-rising revenue and heavy infrastructure spending, alongside warnings about risky behavior its AI models have shown or could show. The filing’s disclosures come as the company’s plans to go public remain in focus.
AI data center boom reshapes climate tech funding
At New York Climate Week, startups focused on energy and data centers drew attention as AI investment surged. Some climate founders welcomed the funding; others worried it was pulling focus from climate work beyond the AI boom.
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Yesterday
Indiana church coalition asks Microsoft for lasting data center fund
We Make Indiana wants Microsoft to negotiate a binding community fund for its $1 billion Granger data center. Microsoft says investment decisions have not been made.
Outmarket raises $34.5 million for insurance broker software
The insurance software startup raised a Series B led by SignalFire, four months after its previous round. Outmarket uses AI to handle paperwork for commercial insurance brokers.
Meta launches enterprise AI platform and appoints former MongoDB CEO
Meta unveiled the Meta Enterprise Platform on Sept. 28, 2026 and hired CJ Desai from MongoDB to run it, aiming to bring its Muse AI tools to businesses.
Walmart says digital shelf labels won’t personalize prices
CEO John Furner says Walmart won’t use shoppers’ personal information, shopping history or conversations with its Sparky AI assistant to set prices. The labels are meant to save store workers time, the company says.
Modal Labs nears $750M funding round at $15.75B valuation
Modal Labs is reportedly close to a $750 million funding round led by Accel. The proposed valuation is more than three times the company’s level four months ago.
AMD to buy Fei-Fei Li’s World Labs for $8.2 billion
The chipmaker plans to bring the AI startup and its founder, Fei-Fei Li, into AMD. The deal could help AMD build chips and software for AI that works with simulated or real-world environments.
