Amazon Acquires Swiss Robotics Startup RIVR to Scale Four-Legged AI Delivery Robots Beyond Zurich Pilot
The ETH Zurich spinout that already completed pilot food deliveries with Just Eat, Swiss Post, and Migros Online is now Amazon RIVR - as the company bets on legged robots for last-mile automation at scale
OpenAI Raises $122 Billion at $852 Billion Valuation in the Largest Private Funding Round in Tech History
Amazon commits $50 billion, Nvidia and SoftBank each put in $30 billion, and $3 billion comes from individual retail investors for the first time - as OpenAI hits $2 billion in monthly revenue and 900 million weekly users
AI Business Weekly - April 1, 2026: Oracle Just Cut 30,000 Jobs to Pay for Its AI Bet
Five stories revealing how Oracle fires 30,000 employees to fund its AI infrastructure, Nvidia bets $2B on Marvell to defend its ecosystem, Chainalysis launches AI agents for crypto crime, and two startups use AI to fix workflows nobody else wants to touch
India's Proho Raises $1 Million Pre-Seed to Bring AI-Powered Guaranteed Home Resale to a $60 Billion Market Stuck in Manual Workflows
Founded by IIT Bombay alumni and a former poker startup co-founder, Proho uses AI valuation models to guarantee home sales in Noida's micro-markets - where transactions currently take months and pricing uncertainty is the core problem
Zurich Startup Lobby Raises $2.2 Million to Automate the Travel Industry's Most Manual Workflow - Group Bookings That Still Arrive by Email
Backed by Founderful and GetYourGuide co-founder Pascal Mathis, Lobby processes complex group booking requests in 30 seconds, cutting response times 75% and lifting conversion rates by up to 15%
Oracle Cuts Up to 30,000 Jobs in One of Its Largest Layoffs Ever as AI Infrastructure Spending Creates a Cash Crisis
Employees across the US, India, Canada, and Mexico received termination emails at 6 AM with no warning as Oracle burns through cash to fund a $50 billion capital expenditure plan it cannot sustain with current revenue
Nvidia Invests $2 Billion in Marvell and Opens Its AI Ecosystem to Custom Chips as the GPU Giant Plays Defense Against Custom Silicon Rivals
The deal ties Marvell's XPUs and photonics expertise directly into Nvidia's NVLink Fusion platform, sending Marvell shares up 13% and signaling that Nvidia's strategy is now ecosystem dominance, not just GPU dominance
Chainalysis Launches AI Agents for Blockchain Crime Investigation as Crypto Theft Hits Record Highs
Fraud networks are already using AI to scale crypto crime operations - Chainalysis is betting that agentic blockchain intelligence is the only symmetrical response
AI Business Weekly - March 31, 2026: Big Tech Is Using AI to Justify Mass Layoffs - And It's Working
Five stories revealing how Big Tech is pointing to AI for mass job cuts, Mistral raises $830M to build European AI infrastructure, Microsoft hires the Allen Institute CEO, an AI system passes peer review, and Starcloud hits $1.1B building data centers in orbit
Mistral AI Raises $830 Million in Debt From Seven Banks to Build Its First Data Center Near Paris, Powered by 13,800 Nvidia Chips
Europe's leading AI lab secures its first-ever debt financing to break free from dependence on US cloud providers - with plans for 200 megawatts of European AI compute capacity by end of 2027
