Motive pulls its IPO filing after raising $1.3bn from General Catalyst
Motive pulls its IPO filing after raising $1.3bn from General Catalyst

Motive has secured more than $1.3bn in growth financing from General Catalyst’s Customer Value Fund, the company announced on Thursday. Because of the financing, Motive has withdrawn its previously filed S-1 registration statement for an initial public…

Spain gives WeRide and Uber its first permit for Level 4 self-driving cars
Spain gives WeRide and Uber its first permit for Level 4 self-driving cars

WeRide, Uber and AVOMO have received Spain’s first national permit for Level 4 autonomous passenger vehicles on public roads, the three companies announced on Thursday. Spain’s Directorate General of Traffic (DGT) issued it under its ES-AV framework fo…

Visa, Mastercard and Ant International team up on ID checks for AI agents
Visa, Mastercard and Ant International team up on ID checks for AI agents

Ant International, Mastercard and Visa have begun working together on a shared Know-Your-Agent framework. It covers AI agents that make purchases on behalf of users. The three companies announced the collaboration on Thursday, Singapore time. Reuters a…

BNP says AI borrowing will end the credit bull market, and it is lending to AI too
BNP says AI borrowing will end the credit bull market, and it is lending to AI too

BNP Paribas expects the years-long rally in corporate bonds to break as hyperscalers flood the market, forecasting some $400B of their bond sales next year and a record $3.7T of net fixed income supply. The ECB reached a similar conclusion in August, f…

Andrew Tulloch, Meta’s star AI recruit, is leaving after less than a year
Andrew Tulloch, Meta’s star AI recruit, is leaving after less than a year

Andrew Tulloch is leaving Meta less than a year after he joined. His reported pay offer from the company had made him a symbol of the AI talent war. Reed Albergotti first reported the departure for Semafor on Wednesday, citing a person briefed on the m…

Microsoft patches a record 974 flaws, and two are already under attack
Microsoft patches a record 974 flaws, and two are already under attack

Microsoft’s September Patch Tuesday fixes 974 security flaws across its products, according to the company’s release notes. Attackers were already exploiting two of them before the patches landed on Tuesday. Both zero-days let an attacker who already h…

Euno raises $23m to give enterprise AI agents the context they lack
Euno raises $23m to give enterprise AI agents the context they lack

Euno has raised a $23m Series A led by N47. The startup builds what it calls a context platform for enterprise AI agents. Chief executive Sarah Levy first disclosed the round to Axios Pro, before the company published its announcement on Wednesday. Exi…

Top Pentagon official dismisses viral AI warning from an Anthropic researcher
Top Pentagon official dismisses viral AI warning from an Anthropic researcher

The Pentagon’s chief technology officer publicly dismissed a former Anthropic researcher’s viral warning about AI risk and said the department has shifted about 90% of its classified AI workload away from the company, with the rest going by the end of …

Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports
Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports

Salesforce completed its acquisition of Fin on Thursday, bringing the customer service AI company formerly known as Intercom into its business. The same week, Business Insider’s Katie Roof and Ben Bergman reported that Salesforce has held talks to buy …

Clay raises $115m at a $7.1bn valuation, more than double its 2025 price
Clay raises $115m at a $7.1bn valuation, more than double its 2025 price

Clay has raised $115m in a Series D round that values the New York go-to-market software company at $7.1bn. Wellington Management led the round, the company said in its announcement on Wednesday. The New York Times broke the news, in a DealBook story b…