Fireworks raised $1.5bn on a bet that companies will build AI, not rent it
Fireworks raised $1.5bn on a bet that companies will build AI, not rent it

The AI economy has run on a simple habit: rent a model from a big lab. Fireworks just raised $1.5bn to argue the opposite, that every company will build intelligence of its own. The Series D values the San Mateo startup at $17.5bn, it said. Atreides Ma…

Bunkerhill Health raised $55M to put AI agents to work inside hospitals
Bunkerhill Health raised $55M to put AI agents to work inside hospitals

The hard part of medical AI was never the model. It was getting a hospital to actually run it. Bunkerhill Health has raised fresh money to close that gap. The startup closed a $25m Series B led by Khosla Ventures, it told Fortune in an exclusive. That …

Oak raised $60M to give every user, machine, and AI agent one identity system
Oak raised $60M to give every user, machine, and AI agent one identity system

Most companies still cannot say who, or what, has access to their systems at any given moment. Oak, an Israeli startup, has raised $60M to fix that, and it is betting AI agents make the problem urgent. The company came out of stealth with the seed roun…

Anthropic and Blackstone bet the next fortune in AI is implementation, not models
Anthropic and Blackstone bet the next fortune in AI is implementation, not models

The race in AI has been about who builds the best model. A new company backed by Anthropic thinks the real money sits elsewhere: in getting those models to actually work inside big companies. That company is Ode with Anthropic, and it launched under it…

Half of Gen Z feel guilty using AI at work. Employers now rank it above a degree
Half of Gen Z feel guilty using AI at work. Employers now rank it above a degree

Half of young workers feel guilty when they use AI to do their jobs. Yet the same skills are fast becoming something their employers demand. That is the bind facing Gen Z at work, according to a new global survey from the employment platform Employment…

AMD’s CTO: agentic AI doesn’t just need GPUs, it needs a lot more CPUs
AMD’s CTO: agentic AI doesn’t just need GPUs, it needs a lot more CPUs

On stage at the RAISE Summit in Paris, the interviewer put it bluntly to Mark Papermaster. He should have bought AMD shares six months ago, he joked, back when they traded near $200. They now sit above $500. AMD is no longer the plucky underdog chasing…

Oracle’s Mark Hura: your AI advantage is your data, not the model
Oracle’s Mark Hura: your AI advantage is your data, not the model

The pitch for enterprise AI usually starts with the model. Mark Hura, Oracle‘s president of global field operations, wants to flip that. He spoke on stage at the RAISE Summit in Paris. The companies winning with AI, he argued, are not shopping for an A…

This AI startup pays $1.7M a year in rent so staff will work 72-hour weeks
This AI startup pays $1.7M a year in rent so staff will work 72-hour weeks

Tech loves a perk, but few go this far. Rilla, an AI startup that makes coaching software for sales teams, spends about $1.7m a year on housing stipends so staff can live near its New York office, Fortune reports. The trade-off is a 72-hour week. Emplo…

ElevenLabs’ CEO on hitting ~$600m revenue and outrunning the AI labs
ElevenLabs’ CEO on hitting ~$600m revenue and outrunning the AI labs

The ALL-IN Podcast took its live show to the Louvre this week for the RAISE Summit. It put ElevenLabs co-founder and chief executive Mati Staniszewski in the hot seat. Host Jason Calacanis opened where it stings: revenue, competition, and whether a voi…

Perplexity is quietly building an AI coding tool to rival Cursor and Claude Code
Perplexity is quietly building an AI coding tool to rival Cursor and Claude Code

Perplexity wants a piece of the AI coding boom. The San Francisco search startup has built an internal coding tool, codenamed “Teammate,” and may launch it publicly later, a person familiar with the matter told Business Insider. Its own engineers have …