Articles from www.axios.com

Articles from www.axios.com

FurtherAI, which uses AI to automate insurance tasks such as claims processing, raised a $25M Series A led by a16z, bringing its total funding to $30M (www.axios.com)
23 hours ago AI Insurance

Coupa, a Thoma Bravo-owned supply chain tech company, acquires procurement tech startup Scoutbee, with the deal expected to close by the end of October (www.axios.com)
1 day ago Startup

Seattle-based Phaidra, which develops AI agents to help make data centers more resource efficient, raised over $50M in a Series B led by Collaborative Fund (www.axios.com)
7 days ago AI Seattle

OpenAI releases an invitation-only Sora app on iOS, powered by Sora 2, to let people create and share AI-generated videos of themselves and their friends (www.axios.com)
7 days ago IOS AI

Disney sent a cease-and-desist to Character.AI for misusing its characters in harmful ways, including sexual exploitation; the startup removed Disney characters (www.axios.com)
7 days ago Startup AI

President Trump signs an executive order directing his administration to invest $50M in AI-driven pediatric cancer research (www.axios.com)
7 days ago Trump AI

New York-based Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised $87M led by Lux Capital at a $1.1B valuation (www.axios.com)
9 days ago AI New York

Education software company EdSights, which uses SMS texting and AI to reach students and identify those at risk of dropping out, raised $80M from JMI Equity (www.axios.com)
10 days ago AI Education Equity

Trump says Microsoft should fire its global affairs head Lisa Monaco over her work in the Biden administration, calling her a “menace to US National Security” (www.axios.com)
11 days ago Trump Microsoft

Insurance tech company Ethos, last valued at $2.7B in 2021, files for a US IPO ; its revenue rose 54.9% YoY to $183.7M in H1, with net income up 64% to $30.7M (www.axios.com)
11 days ago IPO Insurance

WeTravel, whose travel payments software is used by group travel operators, raised a $92M Series C at a ~$450M valuation, up from ~$100M in 2022 (www.axios.com)
14 days ago

Sources: Microsoft is in talks with US publishers about launching a two-sided marketplace that would compensate publishers for their content used by AI products (www.axios.com)
14 days ago Microsoft AI

Source: Stripe is in talks to buy back shares from its VC backers at a $106.7B valuation; Sequoia bought $861M worth of shares in 2024 at a $70B valuation (www.axios.com)
15 days ago

Meta launches the American Technology Excellence Project, a super PAC to fight AI policy bills at the state level; it previously launched a California PAC (www.axios.com)
15 days ago U.S. AI California

Pharmacy benefit management startup Capital Rx raised $400M, including a $252M Series F; it has raised $607M+ to date and was valued at $3.25B pre-Series F (www.axios.com)
15 days ago Startup

Google DeepMind updates its Frontier Safety Framework to account for new risks, including the potential for models to resist shutdown or modification by humans (www.axios.com)
16 days ago Google

White House says TikTok's new US entity would lease a copy of the algorithm from ByteDance, which Oracle would retrain; users won't need to re-download the app (www.axios.com)
16 days ago Oracle Algorithm

Markup AI, which scans, scores, and rewrites AI-generated content to ensure brand compliance for content marketers, raised a $27.5M Series A (www.axios.com)
16 days ago AI

Karoline Leavitt confirms Oracle will handle TikTok's data and security, and says the US is “100% confident” a deal is done and it “just needs to be signed” (www.axios.com)
17 days ago Oracle

The White House says the $100K H-1B fee will not be applied to renewals or existing holders of valid visas re-entering the US, only new applicants (www.axios.com)
17 days ago H1B

Trump claims he and Xi Jinping approved a deal for TikTok's US operations; Chinese media's readout only says that China respects the wishes of businesses (www.axios.com)
18 days ago Trump China

Scale AI signed a $100M ceiling contract with the DOD to provide end-to-end services, including its data engine for data preparation and AI model testing (www.axios.com)
21 days ago AI

YouTube plans to expand its likeness detection tech to all Partner Program creators in the next months; creators can opt in by uploading an image of their face (www.axios.com)
22 days ago YouTube

OpenAI says it is developing a “different ChatGPT experience” for teens and plans to use age-prediction tech to bar kids under 18 from the standard version (www.axios.com)
22 days ago

OpenAI and Microsoft say they have signed a non-binding memorandum of understanding for the next phase of their partnership, and are working to finalize terms (www.axios.com)
26 days ago Microsoft

Shift5, which develops cybersecurity tools for the military and critical infrastructure, raised a $75M Series C led by Hedosophia (www.axios.com)
30 days ago

The Winklevoss twins have become major GOP donors; a source says they've donated $32M+ since 2017, including $21M to a new pro-Trump and pro-crypto super PAC (www.axios.com)
2025-9-7 Trump Republican

ProRata.ai, which lets publishers embed custom AI search on their sites with a 50/50 revenue share, raised a $40M Series B, bringing its total raised to $70M+ (www.axios.com)
2025-9-5 AI

Amazon, Microsoft, Google, Code.org, IBM, and other companies pledged new commitments for AI in education as part of a White House event hosted by Melania Trump (www.axios.com)
2025-9-5 Trump Google Amazon Microsoft IBM AI Education

Source: Sierra, which builds AI customer service agents, nears a $350M raise at a $10B valuation, up from $4.5B in October 2024, and is set to top $100M in ARR (www.axios.com)
2025-9-3 AI

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