Databricks closed a $5 billion private round at a $190 billion valuation after an unexpected surge of investor demand, CEO Ali Ghodsi said. The company reports $7 billion annualized revenue run rate and said new AI products are gaining traction.
Apple has approached publishers about supplying current news content for Siri AI under a pay‑when‑used model, the Wall Street Journal reported. The company reportedly considered a nine‑figure budget; Siri AI is expected to roll out later this year.
Nvidia said Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR committed up to $500 billion to build AI data centers. Nvidia will guarantee up to 25% of any shortfall in resale value for GPUs used as loan collateral, a move Bloomberg says is part of larger circular financing.
On August 13, 2026, OpenAI named Dali Rajic as Chief Revenue Officer to lead its global revenue organization. The company said its products reach over one billion weekly users and more than two million businesses; Denise Dresser will leave after a transition period.