Thrive Holdings, an OpenAI-backed enterprise AI firm, has raised $2 billion at a $12 billion valuation from investors including SoftBank, D1 Capital Partners, and Altimeter Capital. The company acquires businesses and integrates artificial intelligence into their operations. The funding underscores investor appetite for AI-focused acquisition vehicles as enterprises race to deploy the technology across their workflows. Source
Lovable, an AI code-generation startup, confirmed a new $13.3 billion valuation and raised another $400 million in fresh funding. The company hit $500 million in annualized run rate revenue in June, according to statements made to TechCrunch. The valuation jump reflects explosive growth in the AI-assisted software development market. Source
Amazon will train its generative AI models on Twitch streamers' content by default unless creators opt out. Mike Minton, Twitch's chief product officer, acknowledged on a livestream that "if this was opt-in, nobody would opt in." Twitch users can now exclude their streams, VODs, clips, stream chats, and channel images and text from being used in "future training" of Amazon AI models designed to generate or synthesize content. Source
Cognition, an AI coding startup, is reportedly in talks to raise new capital at a $40 billion valuation, just months after securing $1 billion at a $26 billion valuation. The rapid re-valuation reflects intense demand for AI agents capable of automating software development tasks as the market consolidates around high-performing coding platforms. Source
SpaceX AI has launched Grok Bot, an always-on agentic AI service that functions as independent "AI teammates" capable of completing multi-step workplace tasks. The bots operate from a shared cloud-based environment and can sign into existing apps, tools, and websites to perform work autonomously, returning results only when their assigned tasks are complete. The beta launch marks a move toward deploying AI agents as persistent workplace collaborators rather than conversational interfaces. Source