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Notion Plans Hiring Binge as CEO Makes All-In Bet on AI

As AI has reordered Silicon Valley, it has ushered in an adapt-or-die reckoning for quite a few members of tech’s older generations. That’s true even for 13-year-old Notion, which shot to popularity in the 2010s with a slick note-taking app. In recent years, the company has found itself in an ...

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Z.ai’s Latest Model Intensifies Competition for Low-Cost Offerings

Chinese AI firm Z.ai ’s new open-source model is generating a lot of buzz because of its near-frontier capabilities at super low costs. This further intensifies the price competition in the global AI model market. The new GLM-5.3 Flash model, officially released earlier this week, is ranked eighth on the Artificial Analysis Intelligence Index with a score of 57, matching OpenAI’s GPT-5.6

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U.S. Judge Orders Pentagon to Rescind Blacklisting of Anthropic

A federal judge ruled that the Defense Department must end its blacklisting of Anthropic in a blistering decision that accused the Trump administration of violating the AI company’s First Amendment rights. The decision, issued late Thursday by U.S. District Judge Rita Lin of the Northern District of California, came in one of two Anthropic lawsuits against the Pentagon challenging its

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OpenAI Leads New Call for Cyberdefense of Critical Infrastructure

Over 100 companies from tech, finance and other industries signed a statement that OpenAI published Thursday calling for an industry-wide effort to protect critical infrastructure, including hospitals and water treatment plants, from AI cyberattacks. “We have a limited window to strengthen cyber defenses,” reads the letter, whose signatories include Anthropic, Google, Citadel and Visa. AI

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Andreessen Horowitz Raises $1.1 Billion for AI Hardware Fund

Andreessen Horowitz raised $1.1 billion for a fund that will invest in physical AI and infrastructure startups, the firm announced Friday. The money will be used to back companies building chips, memory, networking, storage and other companies involved in the AI buildout. Investors on the firm’s infrastructure team, helmed by Martin Casado, and its American Dynamism team, which invests in

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Wall Street Learns to Love Software, Again

Forget the SaaSpocalypse! It's a SaaS renaissance (SaaSaissance, anyone?). Shares of Salesforce rocketed 23% on Thursday, leading a recovery for many of the most beaten-down software stocks, including ServiceNow, Figma and Asana, after Salesforce reported upbeat July-quarter earnings on ...

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Workday Revenue Growth Flattens But Execs Suggest an AI-Related Boost is Coming

Workday, whose software is used by HR and finance teams, said revenue growth slowed slightly in the July quarter, underscoring how enterprise software companies have yet to show that AI can boost their revenue meaningfully. Shares initially fell 7% in after-hours trading before bouncing back as executives highlighted its AI-related revenues during a call with analysts. Workday’s

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Inside Cognition’s Booming Growth, High Cash Burn

Revenue is surging at Cognition and several other AI application providers, previously unreported data show, offering some reassurance to investors and hardware suppliers that startups can thrive despite competition from Anthropic and OpenAI. Cognition, which makes the Devin coding assistant, is ...

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Exclusive: Gibson Dunn Hires Paul Weiss Tech Lawyer Ashtor

Gibson Dunn, a Los Angeles-headquartered law firm well-known for its litigation practice, has hired tech lawyer Jonathan Ashtor from New York law firm Paul Weiss, according to a release reviewed by The Information. The hire is the latest in a series of senior moves among the country’s largest law firms. Ashtor is joining as a partner and co-chair of Gibson Dunn’s technology transactions

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SoftBank Explores Buying Majority Stake in 1X Humanoid Maker

SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, The Information reported late Wednesday . The investment would support SoftBank’s robotics ambition and give 1X more runway to put its soft-bodied bots in customers’ homes. The 12-year-old startup tried last fall to raise $1 billion at a $10 billion valuation , but it raised less than

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Four-month-old AI Assistant Startup Instinct Raises at a $2.5 Billion Valuation

Instinct, a startup whose AI assistant connects to users’ applications and performs tasks on their behalf, is raising a Series B at a $2.5 billion valuation in a round led by Index Ventures and Benchmark, said a person with direct knowledge. The round will close in the next couple of weeks with around $250 million raised. Instinct was founded in April by Noah Shin, a former researcher at the

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