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Cascade has raised $3.5 million in seed funding to expand its AI platform for architecture, engineering, and construction firms. The startup plans to grow its engineering team and market presence while helping customers identify project opportunities and improve bidding efforts through predictive data analysis. Key Takeaways Cascade raised $3.5 million

Valarian has raised $50 million in a Series A funding round led by NEA to expand its AI infrastructure platform for governments and enterprises. The investment increases the company’s total funding to $70 million and supports the continued development of software designed to manage sensitive AI workloads and data. Key

Microsoft is making enterprise AI deployment the center of its next major business push. The company’s $2.5 billion Microsoft Frontier Company places engineers and industry specialists directly with customers, signaling that AI adoption is moving beyond tool access and into implementation, data control, and model flexibility. What Are the Key

  AI chip startup Etched has reached a reported $5 billion valuation after booking $1 billion in contract orders for its AI inference systems. The company also disclosed that it has raised $800 million since its founding, marking a significant milestone as it prepares to deploy its first commercial product

Verizon and BT Group are forming a 50:50 international enterprise joint venture that will combine BT International with Verizon’s international enterprise wireline business. Announced on June 29, 2026, the planned company will focus on secure global connectivity for multinational customers operating across cloud systems, regulated markets, and cross-border business environments.

AI spending is moving from a workplace experiment to a budget problem as companies place tighter controls on employee use of generative AI tools. After more than a year of encouraging workers to test AI assistants for writing, coding, research, customer service, and internal operations, finance and technology leaders are

Perplexity CEO Aravind Srinivas said fear of failure remains one of the biggest barriers preventing people from starting businesses, offering his perspective on entrepreneurship during a recent discussion about risk-taking and company building. Srinivas, who leads the artificial intelligence search startup Perplexity, argued that many prospective founders allow concerns about

Dyndrite funding received a major boost this week as the additive manufacturing software company announced a $20 million investment round, adding new capital to support the expansion of its industrial software platform. The Seattle-based startup, founded in 2024, has developed manufacturing software tools used in projects involving Blue Origin rocket