Anyscale and Microsoft's new partnership will bring 'AI-native computing' to Azure
Anyscale and Microsoft have announced a fully managed Azure service built on Ray, designed to help enterprises accelerate the development and scaling of AI workloads.
News
Mercor Raises $350M at $10B Valuation
Mercor raised $350 million at a $10 billion valuation to expand its platform that connects AI labs with domain experts for model training, now paying over $1.5 million daily to more than 30,000 contractors.
Anyscale and Microsoft's new partnership will bring 'AI-native computing' to Azure
Anyscale and Microsoft have announced a fully managed Azure service built on Ray, designed to help enterprises accelerate the development and scaling of AI workloads.
Nvidia finally hits the $5 trillion value milestone
Nvidia has become the first public company to reach a $5 trillion valuation, driven by surging AI demand and massive chip orders that have made it the dominant player in the artificial intelligence industry.
Harvey raises $150M at a $8B valuation in its third funding round this year
Harvey, a legal tech startup, raised $150 million at an $8 billion valuation in its third funding round of 2025, more than doubling its value in under a year amid intensifying competition in the legal AI market.
LangChain announces a $125 million Series B on the eve of its third anniversary
LangChain raised $125 million at a $1.25 billion valuation, achieving unicorn status as it evolved from Harrison Chase's side project for building with LLMs into a full platform offering specialized tools like LangGraph and LangSmith for creating and monitoring agent workflows.
Data Phoenix Digest
AI Highlights Review: July 23 – August 8
OpenAI's very busy week, from its funding round to its model launches; Clay's $100M Series C; Lovable's new unicorn status; Latent Labs' new no-code web interface; Google DeepMind's Aeneas; FuriosaAI's new partnership with LG AI Research; and more
AI Highlights Review: June 27 – July 7
Apple reportedly considering third-party AI technologies to power the new Siri; Clio acquired vLex; Tech companies score two victories in copyright infringement rulings; Synthflow AI's Series A; Abridge's Series E; Harvey's $300M Series E; and more.
AI Highlights Review: June 9-23
Meta's controversial partial acquisition of Scale AI, Microsoft's Sora-powered video generator, Moments Lab's Series B, Anysphere's third funding round, Multiverse Computing's Series B, a deep learning-assisted painting restoration technique, and more.