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Crusoe reportedly in talks to raise $3 billion, tripling its valuation
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ARTIFICIAL INTELLIGENCE
Zoom buys Common Room to push past the video call into AI sales
Zoom is acquiring Common Room, a Seattle startup whose AI stitches scattered customer data into a single view of every buyer. The undisclosed deal extends Zoom’s sales platform upstream of the call, the clearest sign yet of its push to become an AI “system of action” rather than just a video app.
BUSINESS
Palmer Luckey’s Erebor bank eyes an $8bn valuation as deposits quadruple
Erebor, the bank launched by Anduril founder Palmer Luckey and backed by Peter Thiel, is in talks to raise at a valuation of at least $8bn, roughly double where it stood at the end of last year. Deposits have nearly quadrupled to $4bn in three months, though its fast-tracked charter has drawn sharp questions in Washington.
ARTIFICIAL INTELLIGENCE
SAP freezes hiring and travel to shovel cash into AI
SAP has told staff it will freeze most hiring, halt non-essential travel and cut supplier spending to fund a “significant” AI push. The memo lands with Europe’s largest software company down about 33 per cent this year, as investors worry AI will erode demand for its core products.
ANTHROPIC
The emails that broke Anthropic and the Pentagon apart
Court documents released this week lay bare the back-and-forth between Anthropic’s Dario Amodei and Pentagon undersecretary Emil Michael. The real fight was not over access to Claude, but over whether an AI lab can bar the US military from using its models for autonomous weapons and domestic surveillance.
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