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AI by Industry

171 articles

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  1. Insilico Medicine Reports First Full-Period Profit with $106.3M Revenue in H1 2026

    Clinical-stage generative AI drug discovery company Insilico Medicine reported a net profit of $35.54 million and adjusted net profit of $51.23 million on total revenue of $106.3 million for the first half of 2026. The financial results, disclosed in the company's interim report following its listing on the Hong Kong Stock Exchange in late 2025, represent the first full-period profitability recorded by an AI-focused biopharmaceutical platform company. The company achieved positive operating cas

    AI
    3 min read

  2. DeepSeek Generates $70.7M in Revenue with $106M Net Loss in First Seven Months of 2026

    Hangzhou-based artificial intelligence laboratory DeepSeek generated approximately 475 million yuan ($70.7 million) in revenue and recorded a net loss of $106 million during the first seven months of 2026, according to financial figures reported by The Information. The performance marks a roughly tenfold revenue surge compared to the lab's full-year 2025 revenue, alongside a modest contraction in net burn from the $139 million net loss reported for all of 2025. The disclosures provide a rare ac

    AI
    3 min read

  3. Digs Raises $25.3M Series A Led by Builders FirstSource for Residential Construction AI

    Digs, a startup developing AI software for residential construction management, has raised a $25.3 million Series A funding round led by building materials supplier Builders FirstSource. Alongside the equity investment, the two companies entered into a five-year commercial partnership to deploy Digs' document intelligence and digital twin platform across Builders FirstSource's distribution network. The Series A brings Digs' total funding to more than $47 million, following seed and pre-Series A

    Enterprise AI
    2 min read

  4. XPeng Robotics Raises $900M at $6.3B Valuation to Scale IRON Humanoid Production

    XPeng announced that its robotics subsidiary has secured over $900 million in private capital at a post-money valuation exceeding $6.3 billion. The transaction marks the largest single-round private financing in China's physical AI and humanoid robotics sector to date. The funding round was led by IDG Capital, with participation from Gaorong Ventures as well as strategic backing from internet conglomerates Tencent and Alibaba. Concurrently, XPeng Chairman and Chief Executive Officer He Xiaopeng

    Physical AI
    2 min read

  5. Ringg Raises $10M from Peak XV to Scale Enterprise Voice AI Agents

    Indian voice AI startup Ringg has secured $10 million in fresh capital from Peak XV Partners as an extension to its Series A round. The funding brings the startup's total Series A capital to $15.5 million, following an initial $5.5 million tranche closed earlier in 2026. The capital injection comes as voice remains the dominant channel for commercial communication in India. According to survey data from Truecaller, over 76% of Indian consumers prefer phone interactions when contacting businesse

    AI Voice
    2 min read

  6. Amazon to Shut Down Mechanical Turk on September 30 After 21 Years

    Amazon Web Services has announced that it will permanently shut down Amazon Mechanical Turk on September 30, 2026. The retirement brings an end to a 21-year-old crowdsourcing platform that served as an early foundation for modern machine learning dataset annotation and human-in-the-loop computing. In a formal notice posted to the Mechanical Turk portal, AWS stated that the decision followed an internal assessment of its service portfolio. The platform had previously halted new customer registra

    Amazon
    3 min read

  7. South Korea's Wrtn Raises $72.2M Series C at $722M Valuation

    South Korean AI platform operator Wrtn Technologies has secured approximately 100 billion won ($72.2 million) in a Series C funding round, pushing the startup's valuation above 1 trillion won ($722 million). The new capital brings Wrtn's cumulative funding to roughly 230 billion won ($166 million) as the company expands its consumer and enterprise generative AI offerings across Asian markets. Expanding Beyond Domestic Aggregation Founded in Seoul in 2021, Wrtn built its initial user base as

    AI
    1 min read

  8. Anthropic Outlines $30 Trillion Total Addressable Market in Pre-IPO Pitch

    Anthropic is preparing to pitch prospective initial public offering investors on a total addressable market exceeding $30 trillion, according to a report from The Wall Street Journal. The projection relies on estimating the total monetary value of human labor and enterprise workflows that advanced AI models and autonomous agents could potentially automate or augment across the global economy. If presented in formal registration filings, the $30 trillion figure would surpass the previous record

    Anthropic
    2 min read

  9. Figure AI Unveils Index Platform with 16 Million Crowdsourced Videos for Robot Foundation Models

    Humanoid robotics startup Figure AI has launched Index, a global crowdsourced data collection platform engineered to capture real-world human task demonstrations at scale. Operating in stealth for four months prior to its public unveiling, the platform has compiled 16 million video demonstrations from contributors across 108 countries, generating embodied training data for Figure's physical AI foundation models. The initiative directly targets the primary bottleneck in scaling embodied AI: the

    AI
    2 min read

  10. Anthropic Claude Autonomously Designs Validated Protein Binders Across 14 Targets

    Anthropic has released results from an autonomous de novo protein binder design campaign run by its Claude models, with wet-lab validation from two outside evaluators. Claude designed binders against 15 targets and succeeded against 14 of them, according to Anthropic. Across all campaigns, 27% of designs bound, and 49% of the designs Claude ranked first for each target bound, according to Anthropic's technical report. The campaign used Claude Opus 4.8 and Claude Mythos Preview inside Claude Sci

    AI
    3 min read

  11. Skild AI Introduces S1 Robotics Foundation Model with In-Context Video Prompting

    Robotics foundation model startup Skild AI has unveiled S1, a foundation model capable of learning physical manipulation tasks unseen during pretraining directly from a single video demonstration prompt without fine-tuning. Traditional robotic adaptation typically requires extensive task-specific teleoperation data, domain randomization, and model fine-tuning before a system can reliably execute novel actions. S1 employs in-context prompting to translate visual demonstrations directly into real

    Robotics
    1 min read

  12. Gatik Raises $200M Series D to Scale Autonomous Middle-Mile Trucking Fleet

    Autonomous middle-mile logistics startup Gatik has raised $200 million in a Series D funding round to accelerate the deployment of its driverless commercial freight fleet. The capital brings Gatik's total institutional funding to approximately $500 million since its founding in 2019. The funding round was co-led by Qatar Investment Authority (QIA) and Koch Disruptive Technologies (KDT), with participation from Millennium Management, ARK Invest, and Intact Private Capital. Gatik did not disclose

    Autonomous Vehicles
    2 min read

  13. Gamma Acquires AI Design Startup Lica to Establish Multimodal Research Lab

    AI presentation platform Gamma has acquired design startup Lica to establish an internal research division focused on multimodal communication and automated layout models. The deal brings Lica co-founders Priyaa Kalyanaraman and Purvanshi Mehta to Gamma to head the new research laboratory. Gamma reached a $2.1 billion valuation in November 2025 following a $68 million funding round, scaling its user base to more than 100 million accounts. The platform allows users to generate presentations, doc

    AI
    1 min read

  14. Emerald AI Secures $150M Series A at $1.05B Valuation for Grid-Responsive Data Center Software

    Emerald AI has raised $150 million in a Series A funding round co-led by Energize Capital and DCVC, valuing the energy technology startup at $1.05 billion. The round drew substantial participation from strategic and corporate venture arms across the semiconductor, utility, and industrial sectors, including NVIDIA, Samsung Ventures, Siemens, GE Vernova, Aramco Ventures, Salesforce Ventures, RWE, JERA Ventures, and In-Q-Tel. Additional participants include Radical Ventures, Energy Impact Partners

    AI
    2 min read

  15. AI Safety Firm Alice Raises $140M at Nearly $1B Valuation to Secure Models and Autonomous Agents

    AI trust and security firm Alice has raised $140 million in a funding round led by Apax Digital, bringing its total capital raised to $280 million at a valuation approaching $1 billion. Strategic investors SentinelOne and Samsung Electronics participated in the round alongside MoreTech, Phoenix Financial, Maj Invest, and existing venture backers including Norwest Venture Partners, CRV, Highland Europe, Grove Ventures, Vintage Investment Partners, Resolute Ventures, NFX, and Claltech. The inves

    AI
    2 min read

  16. Stability AI Secures $76M Series B Backed by Major Music Labels and Electronic Arts

    Stability AI has secured $76 million in a Series B financing round backed by a syndicate of major entertainment and gaming publishers. The investor roster includes the world's three largest record labels—Universal Music Group (UMG), Warner Music Group (WMG), and Sony Music Entertainment—alongside video game publisher Electronic Arts (EA), AMD Ventures, and Pacific Alliance Ventures. The transaction marks a structural evolution for the company behind Stable Diffusion, which has shifted toward bu

    AI
    2 min read

  17. NVIDIA Announces Jetson Orin Nano 2 with 78 TOPS AI Compute and 40% Power Cut

    NVIDIA has announced the Jetson Orin Nano 2, an updated entry-level robotics and edge AI computer designed to double inference throughput over the Jetson Orin Nano Super while maintaining the identical physical form factor. The module delivers up to 78 trillion operations per second (TOPS) of AI compute and reduces power consumption by 40% when matched against its predecessor's performance baseline. Targeted at robotics, autonomous delivery drones, and edge computer vision deployments, the hard

    Hardware
    2 min read

  18. Keenable Exits Stealth with $26M Seed to Build Web Index for AI Agents

    Keenable Exits Stealth with $26M Seed to Build Web Index for AI Agents Search infrastructure startup Keenable has emerged from stealth with $26 million in seed funding led by Accel, with participation from Conviction Partners and angel investors. The company is developing a web-scale indexing engine tailored specifically for programmatic retrieval by autonomous AI agents and language model workflows rather than human web browsers. Keenable was co-founded by Andrey Styskin, former head of searc

    Search
    2 min read

  19. Google Cloud Launches Gemini Enterprise for Legal with Domain Agents and MCP Connectors

    Google Cloud has launched Gemini Enterprise for Legal, a specialized vertical edition of its enterprise AI platform configured specifically for corporate legal departments and law firms. The product debuted in preview on August 25, 2026, alongside a parallel financial services edition, marking Google's initial push into industry-tailored enterprise AI packages. Launch law firms participating in early access include Cleary Gottlieb, Freshfields, Weil, and Williams & Connolly. Architectural Arc

    Google
    2 min read

  20. Xiaomi Unveils Custom Silicon Roadmap with 6nm Xring O100 AI Accelerator and 3nm D100 Smart-Driving Processor

    Xiaomi has unveiled details of its custom semiconductor roadmap, introducing two specialized AI processors alongside its next-generation mobile system-on-chip: the 6-nanometer Xring O100 near-memory AI accelerator and the 3-nanometer Xring D100 autonomous driving chip. Both processors are manufactured by TSMC and have completed hardware validation ahead of planned commercial rollouts. The announcements follow a reported investment of more than 21 billion yuan ($3.1 billion) by Xiaomi into in-ho

    AI
    2 min read