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ElevenLabs signs its first major-label deal, licensing Universal music for a fan remix platform

Universal Music Group and ElevenLabs have signed a multi-year licensing agreement and will build a music creation platform on it that lets fans produce remixes, mashups, new interpretations and personalised vocal experiences using tracks from artists who choose to take part. It is ElevenLabs’ first deal with a major label, covers product development as well […]

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Top Pentagon official dismisses viral AI warning from an Anthropic researcher

The Pentagon’s chief technology officer publicly dismissed a former Anthropic researcher’s viral warning about AI risk and said the department has shifted about 90% of its classified AI workload away from the company, with the rest going by the end of September. The EU AI Act does not cover military or national security uses at […]

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Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports

Salesforce completed its acquisition of Fin on Thursday, bringing the customer service AI company formerly known as Intercom into its business. The same week, Business Insider’s Katie Roof and Ben Bergman reported that Salesforce has held talks to buy a second AI startup, Listen Labs, for around $2bn. Business Insider said the Listen Labs talks […]

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Clay raises $115m at a $7.1bn valuation, more than double its 2025 price

Clay has raised $115m in a Series D round that values the New York go-to-market software company at $7.1bn. Wellington Management led the round, the company said in its announcement on Wednesday. The New York Times broke the news, in a DealBook story by Michael J. de la Merced. The paper reported that Clay’s previous […]

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Saudi Arabia weighs merging EA with Savvy into one gaming giant

Saudi Arabia’s Public Investment Fund is weighing a merger of Electronic Arts with Savvy Games, which would put Madden NFL and Pokemon Go under one roof. Brussels cleared the EA takeover on competition and foreign subsidy grounds six weeks ago, and combining two companies the same owner already controls may not require a European filing […]

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