Bret Taylor’s Sierra reaches $100M ARR in under two years
The startup’s rapid growth suggests that enerprises are embracing AI agents.
Enterprise
Rising data center electricity use risks blackouts during winter storms
Data centers are driving record electricity demand, and the North American Electric Reliability Corporation is warning that a severe winter storm could push the grid over the edge.
As Lovable hits $200M ARR, its CEO credits staying in Europe for its success
Lovable CEO Anton Osika said he credits ignoring advice to move to Silicon Valley for the AI coding company’s success.
Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor
Constellation Energy will use the loan to refurbish a reactor it idled in 2019. Microsoft has agreed to buy the power once the facility reopens in 2028.
Cloudflare blames massive internet outage on ‘latent bug’
An outage at internet infrastructure giant Cloudflare took down several big websites and services, including ChatGPT, Claude, Spotify, and X.
Cloudflare outage takes down X one month after Musk mocked AWS customers
The infrastructure service Cloudflare faced massive outages on Tuesday morning, cutting off access to ChatGPT, Claude, Spotify, X, and other platforms.
Intuit signs $100M+ deal with OpenAI to bring its apps to ChatGPT
Intuit said its tools, such as TurboTax, Credit Karma, QuickBooks and Mailchimp, will be accessible through ChatGPT, allowing users to ask questions and complete tasks such as estimating tax refunds, reviewing credit options, or managing business finances.
Databricks reportedly in talks to raise funding at a $130B+ valuation
Databricks is said to be in talks to raise a new round of funding just a few months after its last fundraise, which valued the company at $100 billion.
Sam Atlman-backed Exowatt wants to power AI data centers with billions of hot rocks
The solar-thermal startup wants to deliver electricity for as little as one cent per kWh. But first it has to scale production to 1 million units per year.
Coding assistant Cursor raises $2.3bn five months after its previous round
Cursor plans to use the capital to continue developing Composer, the AI model the vibe coding startup released in October.