AI business
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Cursor raises $2 billion to scale AI coding infrastructure
Cursor secured $2 billion in Series E funding at a $50 billion valuation with participation from Nvidia and Thrive Capital. The company…
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How Sierra’s $4.5B conversational AI platform changes customer service
Sierra’s multi-agent orchestration architecture enables complex workflows for brands like Sonos and Delta Air Lines. The platform uses specialized agents to handle…
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Common mistakes with Cognition’s $2B Devin AI deployment
Cognition’s Devin AI achieves only 13.86% on the SWE-Bench test set, struggling with ambiguous tasks and brownfield production systems. While GitHub Copilot…
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The rise and pivot of Inflection AI
Inflection AI transitioned from a personal AI startup valued at $4 billion to an enterprise-focused company after Microsoft hired Mustafa Suleyman and…
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Perplexity valuation and API rollout details
Perplexity negotiates a $9 billion valuation with investors including Nvidia and SoftBank while transitioning users from Sonar Chat Completions to the Agent…
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Harvey’s $600 million legal AI expansion and the AmLaw 100 rollout
Harvey provides legal AI capabilities to over 80% of AmLaw 100 firms, offering tools for contract review and drafting. The VLAIR study…
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The people shaping ElevenLabs’ $3.3B voice AI platform
Mati Staniszewski leads ElevenLabs, a research company with $600 million in annual recurring revenue that serves clients like Klarna and Deutsche Telekom.…
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The rise and fall of the Jasper AI wrapper
Jasper AI transitioned from a $1.5 billion valuation wrapper to an enterprise marketing operating system after revenue fell from $120 million to…
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Sierra AI vs Salesforce Einstein: Resolution Rates and Deployment Realities
Sierra AI achieved a 72% resolution rate for inbound customer interactions in Q1 2026, challenging legacy SaaS models. While Salesforce Einstein offers…
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Snowflake and Databricks compete as AI consumption drives revenue
Snowflake reported a 34% jump in quarterly product revenue to $1.334 billion driven by AI consumption. The competition between Snowflake’s Arctic model…
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The rise and pivot of Stability AI
Stability AI’s Stable Diffusion model powered 80% of 15 billion text-to-image generations before leadership shifts and financial pressure led CEO Prem Akkaraju…
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Cursor valuation and comparison with GitHub Copilot Enterprise
Cursor is pursuing a funding round that could value the company at $50 billion, supported by $2 billion in annualized revenue. The…
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