Business & Industry
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Bezos-Backed Slate Auto Raises $650 Million Series C to Bring Its Mid-$20K Electric Truck to Production by Year-End
Slate Auto closes a $650 million Series C led by TWG Global, bringing total funding to roughly $1.4 billion as the startup prepares to manufacture affordable electric trucks at a converted Indiana factory.
Coursera and Udemy Shareholders Overwhelmingly Approve $2.5 Billion Merger, Clearing the Path to Online Learning's Largest Consolidation
Shareholders of both Coursera and Udemy voted over 99% in favor of combining into a single platform serving 245 million learners, with FTC clearance already secured and closing expected in the second half of 2026.
Inglewood Deploys Street-Level Smart City Network Ahead of 2026 FIFA World Cup
Los Angeles-based WOW launches the EON network across Inglewood's sports district, combining digital displays with real-time traffic and emergency messaging for five million annual visitors.
Halter Raises $220 Million at $2 Billion Valuation to Scale AI-Powered Virtual Fencing for Cattle Worldwide
Halter closes a $220 million Series E led by Founders Fund, doubling its valuation to $2 billion as its AI-powered GPS collars for cattle replace physical fencing across three countries.
Oracle Cuts Up to 30,000 Jobs in Largest AI-Driven Restructuring of 2026, Redirecting Billions Toward Data Center Buildout
Oracle terminates an estimated 18 percent of its global workforce via early-morning emails with no prior warning, freeing up to $10 billion in cash flow to finance a $156 billion AI infrastructure expansion even as the company reports a 95 percent jump in quarterly net income.
Starcloud Raises $170 Million to Build Data Centers in Space, Reaching Unicorn Status 17 Months After Y Combinator
The Redmond, Washington-based startup closed a $170 million Series A led by Benchmark and EQT Ventures, valuing the company at $1.1 billion as it prepares to launch more powerful orbital compute satellites carrying Nvidia Blackwell chips.
CoreWeave and Meta Expand AI Cloud Partnership to $35 Billion With New $21 Billion Infrastructure Agreement
CoreWeave secures a $21 billion expansion of its Meta partnership through 2032, bringing total commitments to $35.2 billion and reducing customer concentration risk ahead of NVIDIA Vera Rubin deployments.
Patreon Says Podcasters Earned $629 Million in 2025 as Direct-to-Fan Model Overtakes Advertising
Podcast creator earnings on Patreon grew 33 percent year-over-year to $629 million, making podcasting the platform's largest revenue category for the second consecutive year.
Dash0 Reaches Unicorn Status With $110 Million Series B to Build Autonomous Observability Agents
The OpenTelemetry-native observability startup closes a $110M Series B at a $1B valuation, betting that AI agents will replace manual incident response.
Former Rio Tinto CEO's Deep-Sea Mining Firm Merges With Odyssey Marine in $1 Billion Deal to Build US-Controlled Critical Minerals Platform
American Ocean Minerals Corporation and Odyssey Marine Exploration announced an all-stock merger valued at approximately $1 billion, creating one of the largest deep-sea mining companies as the US accelerates efforts to secure seabed critical minerals.
Singapore Opens World's Tallest Vertical Farm as the City-State Recalibrates Its Food Security Strategy
Greenphyto's S$80 million, AI-powered indoor facility in Jurong West can produce 2,000 metric tons of vegetables per year, arriving as the global vertical farming market hits $7.5 billion and Singapore revises its food security goals.
Beehiiv Launches Native Podcast Hosting as Creator Platforms Race to Become All-in-One Content Ecosystems
Newsletter platform beehiiv now offers podcast hosting with IAB-compliant analytics and zero revenue cuts, intensifying its competition with Substack and Patreon as creator economy platforms converge on multi-format distribution.