Inside Larry Ellison's debt-fueled push to turn Oracle into an AI juggernaut by aligning with Trump, backing Project Stargate, and partnering with OpenAI — the first full day of the second Trump administration — Larry Ellison woke up in his 33-bedroom, 34-bathroom oceanfront mansion in Florida …
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Tel Aviv-based Bloom Security, which develops endpoint security tools for monitoring AI agents, extensions, and more, emerges from stealth with a $20M seed — Endpoint security startup Bloom Security emerged from stealth with a $20 million seed led by Glilot Capital Partners and Ten Eleven Ventures …
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Toronto-based Terminal, whose API connects insurance products and commercial fleet software with telematics data, raised a $20M Series A led by Battery Ventures — Toronto startup landed Fortune 500 customers with almost no sales team. Now, it's shifting gears.
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Harmony, which offers AI-powered enterprise software for handling tasks such as employee onboarding and software access, raised a $34M seed led by Lightspeed — - Harmony raised a $34 million seed round led by Lightspeed to automate workplace requests. — Its cofounders sold their last startup to Cisco for $500 million.
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ProphetX, a CFTC-designated sports prediction market that is also building a B2B business to sell its exchange infrastructure to other companies, raised $35M — ProphetX, a CFTC-designated sports prediction market, raised $35 million in new funding, CEO Dean Sisun tells Axios Pro exclusively.
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Foundational Industries, which aims to build AI-run factories for physical products, starting with custom data center rack enclosures, raised a $25M seed — Jonathan Winer thinks the U.S. is fighting the wrong manufacturing war. — His startup, Foundational Industries …
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ThreatLocker raised a $190M Series F led by Elephant as it looks to extend its zero-trust enterprise security platform to protect against AI-related risks — The cybersecurity vendor is planning to extend its zero trust security platform to provide enhanced protections for AI- and agentic-related risks …
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Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools — Bets on consumer chatbots and flashy side projects overshadowed AI coding opportunity, which rival Anthropic used to capture the lead
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A US judge largely denies Perplexity and three data scraper firms' bid to dismiss Reddit's lawsuit over claims of copyright law violations under DMCA — On Friday, a judge largely denied a motion to dismiss from a web scraper, SerpApi, which is accused of conspiring with Perplexity AI …
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Sensor Tower: India's mobile app market generated a record $345M in consumer spending in Q2, up 35% YoY; ChatGPT ranked No. 1 by downloads and No. 2 by revenue — For years, India was the world's largest app download market but one of its toughest places to make money.
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Cybersecurity experts fault Anthropic and OpenAI for sloppy safeguards and inadequate human oversight after their models broke into outside organizations — Cybersecurity experts are faulting Anthropic PBC and OpenAI for sloppy safeguards after their models broke into outside organizations …
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