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Sources: Sword Health plans to acquire mental health company Headspace for between $200M and $300M in cash, far below its ~$3B valuation in 2021
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www.axios.com
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2026-8-27
Vanguard agrees to acquire RIA software startup Altruist, a source says for $4.6B in cash; Altruist raised $600M and had a $1.9B valuation in early 2025
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www.axios.com
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2026-8-27
Startup
Bill Gates says his Jeffrey Epstein association was a “huge mistake” driven by a desire to raise funds, and hopes the ties will not undermine his AI arguments
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www.axios.com
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2026-8-26
AI
Bill Gates
Canada-based logistics software company Descartes acquires Tai, a California-based transportation management system provider, for $100M in cash
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www.axios.com
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2026-8-25
Canada
California
Logistics
Source: robotics startup Generalist, which released its GEN-1 model to complete physical tasks in April, raised ~$200M led by 8VC, after raising $400M in June
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www.axios.com
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2026-8-25
Startup
Robot
Source: AI researcher Luke Metz, who returned to OpenAI from TML earlier this year, joins Meta's Superintelligence Labs and will report to Alexandr Wang
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www.axios.com
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2026-8-24
AI
Trump says communities that oppose data centers are “making a mistake” as they create “tremendous amounts of jobs and money”, amid bipartisan backlash
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2026-8-24
Trump
Greg Abbott says data center companies “dug their own grave” by moving into communities without first gaining support, signaling growing Republican backlash
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2026-8-24
Republican
The US DOJ and TikTok reach a $400M settlement to resolve allegations TikTok violated COPPA; the DOJ filed the lawsuit in 2024
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www.axios.com
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2026-8-22
San Mateo-based Twin1 AI, which creates professional digital twins that integrate with tools like Slack, launches from stealth with a $20M seed
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www.axios.com
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2026-8-21
AI
Slack
Letter: Stripe told investors January 1 marked the “beginning of the singularity”, a major inflection point in long-term trends, and H1 revenue rose 41% YoY
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2026-8-20
OpenAI is testing Private Safety Processing, a new technique to identify misuse patterns while preserving zero data retention protections, with early customers
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2026-8-20
Memo: GOP asks AI companies to stem the backlash against data centers, saying the issue could kill the party's chances of holding a vital Senate seat in Ohio
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2026-8-20
AI
Republican
Senate
OpenAI says it has made several changes to its safety practices following the Hugging Face breach and has paused two weeks of deployment-focused RL training
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2026-8-19
Francisco Partners plans to take patient engagement software company Weave Communications private for ~$650M; Weave went public at a ~$1.5B valuation in 2021
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2026-8-19
Sources: Crusoe is in IPO talks with at least four Wall Street banks, including JPMorgan, which is advising on its $3B pre-IPO fundraise set to value it at $35B
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www.axios.com
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2026-8-18
IPO
JPMorgan
Wall Street
Risk report: Anthropic raises misalignment risk estimate from very low to low and says it doesn't plan to release a stronger internal model called “Model 2”
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www.axios.com
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2026-8-15
Nevada granted Tesla a robotaxi permit, but capped the fleet at 10 vehicles, not 5,000 that Tesla sought, banned airport pickups, and ordered other restrictions
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2026-8-15
Tesla
Source: Greg Brockman is “in founder mode” and getting more involved across every level of OpenAI to build out a leadership team ahead of an expected IPO
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2026-8-15
IPO
Silicon Data, which offers real-time compute pricing data to financial institutions and exchanges, raised a $30.5M Series A led by the Valor Atreides AI Fund
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2026-8-13
AI
OpenAI releases GPT-5.6-Cyber, a more cyber-permissive version of GPT-5.6 Sol, to some partners and expands its Daybreak cybersecurity initiative
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2026-8-11
TMTG interim CEO Kevin McGurn says the company is pulling back from a pair of Crypto.com deals to focus on its media arm and its pending merger with TAE
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2026-8-8
OpenAI says it has expanded safety testing around its upcoming model Astra as it “cannot rule out” critical cyber capabilities, potentially delaying launch
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2026-8-8
OpenAI updates the default model for free users to GPT-5.6 Luna, adds unlimited text chats for free users, rolls out an improved GPT-5.6 Sol version, and more
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2026-8-7
Defense tech company Hadrian raised a $1.37B Series D at an $8B valuation to expand its factories and Opus software platform, after a $260M Series C in 2025
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2026-8-6
OpenAI says “Apple should not be permitted to use a baseless and pretextual lawsuit to make up for its failures to integrate AI into its products”
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)
2026-8-6
AI
Apple
Demis Hassabis is leaving his role as CEO of Google DeepMind to be the unit's chairman and chief scientist for Alphabet
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)
2026-8-6
Google
Alphabet
Faye, which offers travel insurance services and uses AI to help resolve claims, raised a $50M Series C led by Madrona, taking its total funding to $100M
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www.axios.com
)
2026-8-6
AI
Insurance
The UK AISI says it observed a total of 19 instances where Mythos and GPT-5.6 Sol tried to hack people and companies during a routine cyber evaluation in July
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)
2026-8-5
SpaceX reports Q2 revenue of $4.29B from its connectivity division, which includes Starlink, $100B of cash and marketable securities, and a $47.5B order backlog
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)
2026-8-5
SpaceX
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