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Otter.ai raises $320M from General Catalyst for enterprise growth

Otter.ai has raised $320 million in growth financing from General Catalyst’s Customer Value Fund. The AI meeting notetaker announced the deal on Tuesday. It will use the money for enterprise growth, its go-to-market strategy, international expansion and product development. Otter says more than 40 million people now use its product. That includes teams at over […]

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Waymo plans to grow its robotaxi fleet fivefold to 20,000 by 2027

Waymo plans to grow its fleet from about 4,000 robotaxis today to 8,000 by the end of 2026 and 20,000 by the end of 2027, Semafor reported. The push follows a $5B loan this month. Much of the new fleet will be Ojai vans built on Chinese Zeekr cars. Waymo also announced plans for Madrid. […]

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Homebase’s new AI assistant fills shifts for small business owners

Homebase, which makes scheduling and payroll software for hourly teams, has launched Homebase Assistant. The AI tool finds and contacts staff to cover missed shifts, builds schedules, screens job candidates and flags timecard errors before payroll. It is available to a limited number of businesses, and pricing has not been disclosed. Homebase, which makes scheduling […]

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Asymptote Labs raises $5.5M to track and control what AI agents do

New York startup Asymptote Labs has raised a $5.5M seed round led by Tower Research Ventures. It makes Beacon, a free open-source tool that records what AI agents do, and sells a paid platform that can block risky agent actions. The money will go on engineering, hiring and sales. Asymptote Labs, a New York startup […]

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Inception says its Mercury 3 model beats GPT-6 Luna and runs far faster

Inception, the Redwood City AI lab, released Mercury 3 on Monday. It is the newest version of what the company calls a diffusion LLM, a design that differs from the systems behind most chatbots. Most language models are autoregressive. They write one token at a time, each one chosen after the last. A diffusion model […]

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Amazon will hire 300,000 for the holidays as other retailers hold back

Amazon plans to hire more than 300,000 US workers for the holiday season, up 20% from last year, with seasonal staff paid an average of $20 an hour. It is adding health cover for seasonal workers who stay into January. Overall US seasonal retail hiring is forecast to fall again. Amazon plans to hire more […]

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OpenAI pulls back from China chip controls, Politico reports

OpenAI has stopped pushing for strict US limits on selling advanced chips to China, according to Politico. For much of last year the company openly called for such limits. Capitol Hill aides and lobbyists with direct knowledge of its position now say it has gone quiet. TNW has not independently verified the report. The shift […]

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Anthropic to rewrite part of its leaked AI bill after safety backlash

Anthropic has told US lawmakers it will rewrite part of its own draft AI safety bill. The leaked text drew days of criticism from the AI safety community. The confidential draft was published by Politico on Friday. Anthropic has been circulating it on Capitol Hill. Critics say the bill is weaker than the main AI […]

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US Army picks a bid for ECHOTRIBBLE, its plan for autonomous AI agents

Army Cyber Command has picked one company’s bid for ECHOTRIBBLE, a programme for AI agents that hunt down targets in computer networks. The command’s technology centre and the Cyber Fusion Innovation Center (CFIC) made the choice on 8 October, according to CFIC’s website. A statement of work and contract will follow, it says. CFIC does […]

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Apple to buy up to $100M of US titanium for the iPhone Duo

Apple will buy up to $100M of titanium from Perryman, a family-owned producer in Pennsylvania, over the next three years, the company announced. The metal will be used in several Apple products, including the casing of the iPhone Duo, its first foldable phone. The deal is part of Apple’s push to source more parts in the […]

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