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AI News & Daily Updates
Oct 20, 2026
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2 min read
ASI, formerly Air Space Intelligence, raised $325M at a $3B valuation led by Spark Capital to build AI for air traffic, power grids and defense work.
Otter.ai raised $320M from General Catalyst’s Customer Value Fund, non-dilutive capital tied to marketing results, as its users grew to 40 million.
AI Business Weekly Newsletter
Chip funding, a public benefit fund, Musk merger talk and AI-powered hacking
Oct 19, 2026
Anthropic plans to commit 5% of its shares to a new public benefit fund, an LLC barred from lobbying, ahead of a reported IPO as soon as November
Tenstorrent raised $1.5B in a Series E at a $6.2B valuation, more than double its 2024 level, with Trace Capital and Innovation X leading the round
Data centres, chip funding, AI safety rules and pricing algorithms
Oct 18, 2026
Reuters reports GPU startup Bolt Graphics is raising about $100M at a $700M valuation, with no lead investor named and its Zeus chip due in 2028.
3 min read
EverWind says Anthropic signed a 20-year lease for a Point Tupper, N.S. data centre in a $10B plan: 95 MW at launch and 420 MW after a 2028 expansion.
Oct 16, 2026
Apple-Meta Macs, CNN’s Google deal and an AI stock selloff
Oct 15, 2026
AI stocks fell again as hot inflation and debt worries hit CoreWeave and Oracle. See what triggered the selloff and why analysts question how AI is financed.
