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OpenAI Swaps Revenue Chief for Google Wiz Veteran as IPO Looms
Dali Rajic arrives from Google's $32 billion acquisition as the AI lab reshuffles leadership and prepares for potential public debut
By Arjun S. Mehta·Aug 14, 2026·5 min read
DTW · Startups
Startups & Capital
Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.
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IBM Opens OpenAI Practice to Chase Corporate AI Budgets
Big Blue will retrain tens of thousands of consultants on GPT-5.6 and Codex as it doubles down on model-agnostic enterprise strategy amid te…
Arjun S. Mehta · · 4m
Netflix Closes Night School Studio Six Weeks After Unhinged Launch
The streaming giant praised the Oxenfree developer's "solid numbers" in July before shuttering its first gaming acquisition and slashing sta…
Daniel R. Whitfield · · 5m
Anthropic Eyes October IPO at $2 Trillion Valuation
The AI lab's planned float would become the largest-ever public debut, doubling its current worth and testing investor appetite for generati…
Arjun S. Mehta · · 5m
When Investors Chase You With $15 Billion
Databricks planned a quiet $1 billion raise. A leaked story sparked a frenzy that pushed the round to $5 billion and the valuation to $190 b…
Arjun S. Mehta · · 6m
JD.com Posts Profit Growth While Revenue Slips in Competitive Chinese E-commerce Market
The Beijing-based retailer's bottom-line improvement came as food-delivery losses narrowed, offsetting pressure from cautious consumer spend…
Wei Zhang · · 5m
Tesla Files for $10 Billion Solar Manufacturing Push Outside Houston
State filings reveal Project Crystal Sun could employ nearly 10,000 and begin production by 2029, as the carmaker angles for tax incentives …
Arjun S. Mehta · · 6m
Inside Unitree's Transformation Into China's Hottest Robotics IPO Candidate
Hangzhou-based Unitree Robotics has turned its headquarters into an unlikely pilgrimage site as investors and consumers alike bet on China's…
Wei Zhang · · 5m
Central Eurasia's Startup Pipeline Doubles Down on Global Access
A regional pitch program that once drew 485 applicants now pulls 726, with three winners headed to San Francisco and a collective $100,000 o…
Arjun S. Mehta · · 5m
Fermi Names TerraPower Veteran to Lead Texas AI Campus Push
Lee McIntire takes the helm at the nuclear-powered data center startup three months after a leadership shakeup rattled investor confidence.…
Arjun S. Mehta · · 5m
Europe's Lovable Doubles Valuation to $13.3 Billion in Seven Months
The vibe-coding platform's rapid climb reflects investor appetite for AI development tools, even as the company expands from hosting into mo…
Mei-Lin Tan · · 4m
Japan's Chip Comeback Hits $37 Billion as Sony and TSMC Deepen Partnership
Foreign investment in Japanese semiconductor manufacturing reaches new milestone, driven by government subsidies and demand from AI infrastr…
Kenji Watanabe · · 6m
Cognition Eyes $40 Billion Valuation Three Months After Billion-Dollar Round
The maker of Devin, an AI coding agent handling enterprise grunt work, is negotiating its next raise on the back of accelerating revenue gro…
Arjun S. Mehta · · 4m
Form Energy Secures $750 Million to Scale Iron-Air Battery Production
The West Virginia manufacturer's 100-hour storage systems are winning orders from Google and data center operators as U.S. electricity deman…
Arjun S. Mehta · · 5m
When a $250 Million Exit Turns Into a Fraud Investigation
VideoVerse's acquisition by Minute Media promised to showcase Indian startup success. Instead, investors are chasing missing millions throug…
Arjun S. Mehta · · 7m
Thrive Holdings Raises $2 Billion to Embed AI Into Legacy Businesses
The OpenAI-linked firm now manages over 70 companies across accounting and IT, with a new vertical targeting regulatory bottlenecks in physi…
Arjun S. Mehta · · 5m
Yulu's $93 Million Raise Signals Shift in India's Delivery Infrastructure
As quick-commerce redraws urban logistics, the Bengaluru startup moves from bike-sharing to becoming the subscription backbone for 750,000 d…
Priya Nair · · 7m
A Boston Startup Wants to Turn Your Water Heater Into a Grid Battery
Reservoir has raised $8 million to deploy heat pump water heaters that predict household demand, slash energy bills, and stabilize electrici…
Daniel R. Whitfield · · 4m
The Bottleneck After the Boom: Why Code Validation Is Suddenly Worth Half a Billion
Blacksmith's valuation surge reflects a hard truth about AI-assisted development: generating code has become trivial, but proving it works h…
Arjun S. Mehta · · 8m
Tencent's Ad Revenue Climbs as Desktop AI Agent Gains Traction
The tech giant's Hy3 model and WorkBuddy agent are showing faster commercial momentum than investors anticipated, lifting second-quarter res…
Wei Zhang · · 5m
Phia's Affiliate Scheme Was No Accident, Internal Messages Show
Leaked Slack exchanges reveal the shopping startup's founders discussed cookie stuffing for months before calling it a "bug" in public state…
Marcus Halloran · · 5m
Flight Data Becomes Courtroom Battle as Prediction Market Faces Lawsuit
A real-time flight tracker alleges unauthorized use of its proprietary data to settle gambling contracts, raising questions about data right…
Daniel R. Whitfield · · 5m
Building the Hidden Half of Fusion: Japan's Kyoto Fusioneering Moves to Tennessee
While reactor startups chase plasma breakthroughs, one supplier is building the fuel-breeding and heat-harvesting systems that will actually…
Kenji Watanabe · · 6m
Bluesky Sheds Half Its Mobile Users While Betting on Protocol Over Platform
The decentralized network's shift toward AT Proto infrastructure reveals a strategic pivot as app engagement drops 52% from its 2024 peak…
Daniel R. Whitfield · · 5m
Uber Quietly Exits Serve Robotics Without Warning the Delivery Bot Startup
The ride-hailing giant sold its entire stake in the sidewalk robot company it once spun out, leaving Serve to learn about the divestiture th…
Arjun S. Mehta · · 5m