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What's happening in the industry? (242)

We follow AI, search and digital marketing news and add our own reading.

News · Payments 1 min read

Citi, HSBC, Barclays adopt Ant's AI model for FX forecasts

Falcon TST 2.0 forecasts cash flow and FX exposure in cross-border payments. Ant claims over 90% accuracy.

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News · Funding 1 min read

Finance AI makers Moss and Rillet both become unicorns

Berlin-based Moss raised €30 million for finance agents, and Rillet, which builds an AI-native ERP, closed a $100 million round.

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News · Funding 1 min read

OpenAI's CFO says the company will go public in 2027

Sarah Friar told employees OpenAI will be a public company in 2027, or sooner if the business keeps accelerating. Earlier reports had pointed to September 2026.

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News · Funding 1 min read

Stripe agrees to buy OpenRouter, the gateway to 400+ models

Reports put the price above $7 billion. OpenRouter raised money at a reported $1.3 billion valuation only months earlier.

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News · Payments 1 min read

Visa, Mastercard join 26-member alliance on agent payments

Rain's alliance, launched on August 18, will set shared standards for how an agent proves who it acts for and how much it may spend.

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News · Policy 1 min read

FDA opens discussion on regulating generative AI devices

The FDA published a discussion paper on August 18 and is taking comments until October 19. The paper sets no binding rules and sketches a two-axis risk framework.

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News · Search 1 min read

Gemini in Chrome on Android starts handling bookings for users

Google opened Gemini in Chrome to all US Android users on August 18. Auto Browse, on paid plans, handles tasks for them.

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News · Policy 2 min read

Türkiye's AI Action Plan enters the Official Gazette

The 2026-2030 plan took effect on August 18. Targets include AI training for 5 million people, $10 billion in investment and 1 GW of data centers.

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News · Funding 1 min read

Wispr raises $280 million at a $2 billion valuation

The Menlo Ventures-led round values Wispr at $2 billion. The company also previewed Canto, its own speech recognition model.

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News · Models 1 min read

DeepSeek V4-Pro goes live, then adds peak-hour pricing

Previewed in late April, V4-Pro became generally available on August 13. Since August 16 its price doubles for seven hours a day.

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News · Funding 1 min read

SpaceX closes its $60 billion purchase of Cursor maker Anysphere

The all-stock deal is the largest acquisition of a venture-backed startup on record. Cursor now sits in a new SpaceXAI division.

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News · Funding 1 min read

Databricks raises $5 billion at a $190 billion valuation

Databricks wanted $1 billion, investors offered $15 billion, and they settled on $5 billion for AI agent products.

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