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Basis, an AI-powered accounting startup, has raised $100 million in a funding round that values the company at $1.15 billion, signaling a major shift in how professional services are automated. The surge in adoption of agent-based workflows by enterprises is accelerating the decline of traditional accounting models.

David Luan, head of Amazon’s San Francisco AI lab and a key figure in its AGI initiatives, is leaving the company after less than two years. His departure comes amid growing turbulence in Amazon’s artificial intelligence leadership and follows high-profile exits tied to the company’s controversial partnership with startup Adept.

With just three days remaining, TechCrunch Disrupt 2026 offers attendees up to $680 in savings on individual passes before prices increase on February 27. The event promises unparalleled networking with 250+ tech leaders and exposure to 300+ emerging innovations.

HR tech startup Comp has raised $17.25 million in a Series A round backed by Khosla Ventures’ Keith Rabois, aiming to transform human resources with AI. Currently operational in Brazil, the company plans to scale its platform to optimize talent acquisition, compensation, and employee retention globally.

Anthropic, a leading AI developer, is under fire for accusing Chinese open-weight labs of intellectual property theft, while simultaneously paying a $1.5 billion settlement for allegedly using copyrighted human-authored content to train its Claude models. Critics label the stance as double standards in AI ethics.

Samsung is set to unveil its next-generation foldable phones at Unpacked 2026, blending the compact form of the Galaxy Flip with the expansive display of the Galaxy Fold, while introducing groundbreaking debris-detection technology. The event will also spotlight AI-driven features designed to enhance daily usability.

Samsung kicked off its 2026 Unpacked event with groundbreaking announcements, including the Galaxy S26 Ultra’s breakthrough interoperability with Apple’s AirDrop, the all-new Buds 4 Pro with AI noise cancellation, and OneUI 8.5’s enhanced privacy controls. The event, held in San Francisco, drew global attention as Samsung doubled down on cross-platform integration and AI-driven user experiences.

Amazon's 2026 Spring Sale is anticipated to return in March, following its successful debut in 2024 and continuation in 2025. While official dates remain unconfirmed, insiders and retail analysts predict deep discounts on tech, home goods, and beauty products.

Nokia and Amazon Web Services have launched a pioneering agentic AI system to dynamically manage 5G network slicing in real time, with Du and Orange among the first telecom operators to test the solution. The technology enables autonomous decision-making for resource allocation, promising unprecedented efficiency and service quality.

Tsinghua University's legendary mathematician Li Wei switched from China to OpenAI due to data restrictions; he will revolutionize the Sora and Llama 4 projects.

As India becomes the world’s fastest-growing AI user market, companies like OpenAI are prioritizing user acquisition over immediate revenue, testing advertising models amid soaring demand and mounting compute costs.

Despite 90% of sales teams deploying AI agents, half struggle with inconsistent data across platforms, undermining automation gains. New research reveals that beyond compensation, reps prioritize seamless tech integration and actionable insights.

Despite growing fears of an AI investment bubble, venture capitalists injected over $1.1 billion into AI chip startups in a single day, signaling unwavering confidence in hardware innovation as a path to challenge Nvidia’s dominance. The surge underscores a strategic pivot toward specialized silicon amid escalating AI compute demands.

Meta AI has open-sourced the GPU Cluster Monitoring (GCM) system to enhance reliability and performance in large-scale AI training environments. Drawing on organizational behavior research, this move reflects a strategic alignment between technical infrastructure and human performance systems to sustain innovation under pressure.

AI chip startup MatX, founded by former Google TPU engineers, has secured $500 million in funding to develop next-generation silicon designed to outperform Nvidia’s GPUs in large-scale AI training. The investment signals growing investor confidence in alternatives to Nvidia’s market-leading architecture.

OpenAI has dramatically lowered its projected spending on AI infrastructure from $1.4 trillion to $600 billion by 2030, signaling a strategic recalibration amid rising efficiency and market pressures. The shift reflects evolving technical capabilities and investor expectations in the generative AI race.

Meta has signed a multiyear, $100 billion agreement with AMD to supply AI accelerators, just days after committing to deploy millions of Nvidia GPUs. The dual-pronged strategy underscores the tech giant’s aggressive expansion in generative AI and data center infrastructure.

A detailed organizational chart of OpenAI has emerged, revealing key executives steering the ChatGPT creator toward a potential 2026 IPO. The leadership team includes Sam Altman, Fidji Simo, and other senior figures overseeing AI development, safety, and commercial expansion.

In a landmark move to accelerate its artificial intelligence ambitions, Meta has entered into a potential $100 billion agreement with AMD to develop custom silicon for next-generation AI systems. The deal, confirmed by internal company disclosures, aims to fuel Meta’s pursuit of 'personal superintelligence' — AI agents capable of deeply personal, real-time assistance.

In a landmark move signaling a new era in AI infrastructure, Meta has reportedly sealed a potential $100 billion deal with AMD to power its next-generation AI systems aimed at achieving 'personal superintelligence.' The agreement, if confirmed, would reshape the global semiconductor landscape and accelerate Meta’s vision of AI-integrated human augmentation.

Despite OpenAI COO Brad Lightcap's assertion that AI has not yet penetrated enterprise processes at scale, a new strategic alliance between OpenAI and Capgemini aims to accelerate enterprise AI transformation through the OpenAI Frontier platform. The partnership signals a pivotal push to bridge the gap between AI potential and real-world business integration.

AMD has signed a landmark agreement with Meta to supply up to six gigawatts of specialized AI GPUs, primarily for inference workloads, along with a 10% equity stake in the tech giant—a structural repeat of its earlier deal with OpenAI. The move signals a seismic shift in how AI infrastructure is financed and deployed.

Despite widespread experimentation with agentic finance AI, only a minority of enterprises have achieved measurable ROI. A $23 million Series A raise by Stacks signals growing investor confidence, even as FT Longitude reveals nearly two-thirds of finance leaders are still in pilot mode.

OpenAI has revised its financial outlook, telling investors it now aims to spend approximately $600 billion on compute infrastructure by 2030, while projecting $280 billion in annual revenue. The shift reflects the escalating costs of training next-generation AI models and underscores the company’s aggressive scaling strategy.