AI and Machine Learning
AI Dispatch | Embedding AI into Critical Infrastructure
Here are the top tech stories from our weekly AI news wrap-up (June 5- 12).
funding
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Data, AI, & Machine Learning
Oracle to Raise Up to $50 Billion in 2026 to Scale Cloud Capacity
The funds will be used to expand Oracle Cloud Infrastructure capacity for customers including AMD, Meta, NVIDIA, and OpenAI.
MIT SMR Editors
Data, AI, & Machine Learning
Emergent Raises $70 Million for AI Coding Platform
The round, led by SoftBank and Khosla Ventures, values the startup at about $300 million as demand rises in the US, Europe and India.
MIT SMR Editors
Data, AI, & Machine Learning
Databricks Raises $4 Billion as AI Infrastructure Bets Intensify
The funding values the data software company at $134 billion, up sharply from three months ago.
MIT SMR Editors
News
Domestic VC Funding Dips in Q3, But IPO Game Strong, Says KPMG Report
Despite the momentum propelled by robust exit markets and sustained focus on artificial intelligence, the domestic market has seen slower growth.
MIT SMR Editors
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