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_Welcome

Welcome to today's edition of AI Business Weekly. From OpenAI's strategic acquisition of Sky to Crusoe's massive $1.38 billion raise, today's stories highlight AI's expansion across infrastructure, climate technology, and care services. From Gladys's £1.5 million seed to the Bezos Earth Fund's $30 million climate commitment, AI funding continues its momentum into specialized applications. Meanwhile, Dexian Investments' new division signals growing institutional focus on AI market opportunities. Let's dive in.

OpenAI acquires Software Applications Incorporated, maker of Sky

OpenAI has acquired Software Applications Incorporated, the creator of Sky, a natural language interface for macOS. Sky enables AI to understand on-screen context and take actions across applications, supporting tasks from writing to coding. OpenAI plans to integrate Sky's macOS capabilities into ChatGPT, bringing enhanced desktop functionality to its platform. The entire Sky team will join OpenAI as part of the acquisition, reinforcing the company's commitment to building contextually aware, action-oriented AI interfaces. Read more

AI data centre startup Crusoe raising $1.38 billion in latest funding round

Crusoe, a Denver-based AI data center startup, is raising $1.38 billion at a $10 billion valuation in an oversubscribed Series E round. The round is co-led by Valor Equity Partners and Mubadala Capital, with participation from Nvidia, Fidelity Management, and Founders Fund. Crusoe's infrastructure focuses on energy-efficient data centers for AI workloads, positioning the company at the intersection of AI scaling and sustainable computing. The substantial raise underscores investor confidence in AI infrastructure as a critical enabler of continued AI advancement. Read more

Bezos Earth Fund commits $30M to scale AI innovation for climate and nature solutions

The Bezos Earth Fund is allocating $30 million across 15 global teams in Phase II of its AI for Climate and Nature Grand Challenge. Each team will receive up to $2 million to operationalize AI-driven solutions addressing biodiversity loss, food insecurity, and climate risk. The initiative demonstrates growing investment in applying AI to environmental challenges, moving promising climate tech solutions from research to real-world deployment. This funding reflects increasing recognition of AI's potential role in tackling urgent sustainability issues. Read more

AI home care technology platform Gladys raises £1.5 million seed funding

Gladys has secured £1.5 million in seed funding to expand its AI-powered home care platform. The round was led by Cornerstone, with participation from Exceptional Ventures, Embryo Ventures, Ufi Ventures, Houghton Street Ventures, and the Conduit EIS Impact Fund. Gladys's platform brings AI automation to home care delivery, addressing operational challenges in a sector facing increasing demand. The funding signals investor interest in AI solutions that improve care quality while managing costs in home healthcare settings. Read more

Dexian Investments launches AI Market Intelligence Division to capitalize on global AI growth boom

Dexian Investments has announced the launch of its AI Market Intelligence Division, a dedicated research and analytics arm focused on identifying investment opportunities driven by AI adoption across global industries. The new division reflects growing institutional recognition of AI as a fundamental driver of market transformation. By creating specialized capabilities to track AI-related opportunities, Dexian is positioning itself to capitalize on what it views as a sustained period of AI-driven economic growth and market disruption. Read more

📢 AI Market Trends

Today's developments showcase AI's maturation from core technology into specialized infrastructure and applications. Crusoe's massive raise demonstrates the critical role of purpose-built data centers in supporting AI scaling, while OpenAI's Sky acquisition signals intensifying competition for intuitive AI interfaces. Meanwhile, climate-focused initiatives like the Bezos Earth Fund's $30 million commitment show AI expanding beyond commercial applications into environmental solutions. Healthcare continues attracting AI investment through platforms like Gladys, and institutional players like Dexian are building dedicated capabilities to track this evolving landscape. Together, these stories reflect an AI ecosystem moving from foundational models to diverse, sector-specific implementations across infrastructure, sustainability, and specialized services.