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xAI Raises $6 Billion Series C at $50 Billion Valuation
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xAI Raises $6 Billion Series C at $50 Billion Valuation

Elon Musk's AI company xAI closes a $6 billion funding round led by Andreessen Horowitz, valuing the company at $50 billion just 18 months after founding. Funds will accelerate Grok development and supercomputer expansion.

xAI
4m19.4k5 days ago
Microsoft Commits $80 Billion to AI Infrastructure in 2025
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Microsoft Commits $80 Billion to AI Infrastructure in 2025

Microsoft announces plans to invest $80 billion in AI data centers and infrastructure throughout 2025, with more than half allocated to US facilities. The investment underscores the massive capital requirements of frontier AI development.

Microsoft
5m14.2k7 days ago
Railway secures $100 million to challenge AWS with AI-native cloud infrastructure
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Railway secures $100 million to challenge AWS with AI-native cloud infrastructure

Railway , a San Francisco-based cloud platform that has quietly amassed two million developers without spending a dollar on marketing, announced Thursday that it raised $100 million in a Series B funding round, as surging demand for artificial intelligence applications exposes the limitations of legacy cloud infrastructure. TQ Ventures led the round, with participation from FPV Ventures , Redpoint , and Unusual Ventures . The investment values Railway as one of the most significant infrastructure startups to emerge during the AI boom, capitalizing on developer frustration with the complexity and cost of traditional platforms like Amazon Web Services and Google Cloud . "As AI models get better at writing code, more and more people are asking the age-old question: where, and how, do I run my

VentureBeat AI
10m2 months ago
Claude Code costs up to $200 a month. Goose does the same thing for free.
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Claude Code costs up to $200 a month. Goose does the same thing for free.

The artificial intelligence coding revolution comes with a catch: it's expensive. Claude Code , Anthropic's terminal-based AI agent that can write, debug, and deploy code autonomously, has captured the imagination of software developers worldwide. But its pricing — ranging from $20 to $200 per month depending on usage — has sparked a growing rebellion among the very programmers it aims to serve. Now, a free alternative is gaining traction. Goose , an open-source AI agent developed by Block (the financial technology company formerly known as Square), offers nearly identical functionality to Claude Code but runs entirely on a user's local machine. No subscription fees. No cloud dependency. No rate limits that reset every five hours. "Your data stays with you, period," said Par

VentureBeat AI
12m2 months ago
Listen Labs raises $69M after viral billboard hiring stunt to scale AI customer interviews
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Listen Labs raises $69M after viral billboard hiring stunt to scale AI customer interviews

Alfred Wahlforss was running out of options. His startup, Listen Labs , needed to hire over 100 engineers, but competing against Mark Zuckerberg's $100 million offers seemed impossible. So he spent $5,000 — a fifth of his marketing budget — on a billboard in San Francisco displaying what looked like gibberish: five strings of random numbers. The numbers were actually AI tokens. Decoded, they led to a coding challenge: build an algorithm to act as a digital bouncer at Berghain, the Berlin nightclub famous for rejecting nearly everyone at the door. Within days, thousands attempted the puzzle. 430 cracked it. Some got hired. The winner flew to Berlin, all expenses paid. That unconventional approach has now attracted $69 million in Series B funding, led by Ribbit Capital with participatio

VentureBeat AI
11m2 months ago
Salesforce rolls out new Slackbot AI agent as it battles Microsoft and Google in workplace AI
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Salesforce rolls out new Slackbot AI agent as it battles Microsoft and Google in workplace AI

Salesforce on Tuesday launched an entirely rebuilt version of Slackbot , the company's workplace assistant, transforming it from a simple notification tool into what executives describe as a fully powered AI agent capable of searching enterprise data, drafting documents, and taking action on behalf of employees. The new Slackbot, now generally available to Business+ and Enterprise+ customers, is Salesforce's most aggressive move yet to position Slack at the center of the emerging "agentic AI" movement — where software agents work alongside humans to complete complex tasks. The launch comes as Salesforce attempts to convince investors that artificial intelligence will bolster its products rather than render them obsolete. "Slackbot isn't just another copilot or AI assistant,"

VentureBeat AI
13m3 months ago
Anthropic launches Cowork, a Claude Desktop agent that works in your files — no coding required
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Anthropic launches Cowork, a Claude Desktop agent that works in your files — no coding required

Anthropic released Cowork on Monday, a new AI agent capability that extends the power of its wildly successful Claude Code tool to non-technical users — and according to company insiders, the team built the entire feature in approximately a week and a half, largely using Claude Code itself. The launch marks a major inflection point in the race to deliver practical AI agents to mainstream users, positioning Anthropic to compete not just with OpenAI and Google in conversational AI, but with Microsoft's Copilot in the burgeoning market for AI-powered productivity tools. "Cowork lets you complete non-technical tasks much like how developers use Claude Code," the company announced via its official Claude account on X. The feature arrives as a research preview available exclusively to Claud

VentureBeat AI
10m3 months ago
Nous Research's NousCoder-14B is an open-source coding model landing right in the Claude Code moment
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Nous Research's NousCoder-14B is an open-source coding model landing right in the Claude Code moment

Nous Research , the open-source artificial intelligence startup backed by crypto venture firm Paradigm , released a new competitive programming model on Monday that it says matches or exceeds several larger proprietary systems — trained in just four days using 48 of Nvidia's latest B200 graphics processors . The model, called NousCoder-14B , is another entry in a crowded field of AI coding assistants, but arrives at a particularly charged moment: Claude Code , the agentic programming tool from rival Anthropic, has dominated social media discussion since New Year's Day, with developers posting breathless testimonials about its capabilities . The simultaneous developments underscore how quickly AI-assisted software development is evolving — and how fiercely companies large and smal

VentureBeat AI
9m3 months ago
The creator of Claude Code just revealed his workflow, and developers are losing their minds
Market News

The creator of Claude Code just revealed his workflow, and developers are losing their minds

When the creator of the world's most advanced coding agent speaks, Silicon Valley doesn't just listen — it takes notes. For the past week, the engineering community has been dissecting a thread on X from Boris Cherny , the creator and head of Claude Code at Anthropic . What began as a casual sharing of his personal terminal setup has spiraled into a viral manifesto on the future of software development, with industry insiders calling it a watershed moment for the startup. "If you're not reading the Claude Code best practices straight from its creator, you're behind as a programmer," wrote Jeff Tang , a prominent voice in the developer community. Kyle McNease , another industry observer, went further, declaring that with Cherny's "game-changing updates," Anthropic i

VentureBeat AI
6m3 months ago