Silicon Valley stories

Legal AI firm Ivo opens London and New York offices and plans to triple headcount, after 600% annual recurring revenue growth.

Amazon to invest up to USD $50bn in OpenAI as the pair deepen AWS ties, expand Trainium use and launch a new stateful AI runtime.

Selector raises USD $32m at a USD $375m valuation to expand its AI-driven observability platform and accelerate global enterprise growth.

Palo Alto Networks beat quarterly estimates but flagged weaker next-quarter earnings, unsettling investors despite stronger revenue and contract growth.

Sabre, PayPal and Mindtrip are teaming up on an AI travel assistant that lets users discover, book and pay for trips in one chat-based flow.

London AI start-up Electric Twin raises USD $14m to grow its synthetic audience tech, pitched as a faster alternative to market research.

Forward Networks debuts Forward AI, a digital twin-powered agentic assistant promising safer, verifiable automation for network operations.

Snap forms Specs unit to spearhead next-gen smart glasses, promising AI-driven, low-friction eyewear that blends digital and real worlds.

ServiceNow makes Anthropic's Claude its default AI for app building and wins a major Panasonic Avionics deal spanning 300+ airlines.

Sam Altman says AI co-workers will reshape software jobs, cut team sizes and force firms to compete on ideas, attention and resilience.

Juspay raises USD $50m in follow-on funding led by WestBridge Capital, lifting the payments firm to a USD $1.2bn valuation.

AI contract software startup Ivo secures USD $55 million Series B to speed contract review, as revenue surges 500% and UK expansion looms.

Logitech predicts tech-first, flexible offices in 2026 as firms redesign hybrid workspaces for collaboration, personal kit and meeting equity.

GlobalLogic hires LuJean Smith as CMO to sharpen global brand, push VelocityAI and align with Hitachi's Inspire 2027 growth strategy.

Elon Musk's xAI raises USD $20 billion, turbocharging Grok model training and GPU build-out as rivalry in frontier AI heats up.

India, Vietnam and South Korea are set to be the fastest-growing markets for UK tech in 2026, a leading consultancy has forecast.

Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.

AMD maps 'yotta-scale' AI future with Helios platform, new chips across data centre to edge, and a USD $150m education pledge.

Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.

ServiceNow buys AI assistant specialist Moveworks to create a single conversational 'front door' into automated workflows across the enterprise.