Swedish legal AI startup Legora raised $550 million at an $8.8 billion valuation Quartz By: Cris Tolomia 21 October 2026 at 18:50 Annual recurring revenue exceeds $200 million, and the new valuation compares with $5.6 billion at the previous round
AI research startup Flapping Airplanes raised $1 billion at a $6 billion valuation Quartz By: Cris Tolomia 21 October 2026 at 18:40 The round, led by Index Ventures and Lux Capital, values the year-old company at four times its January level
Better Ed Tech starts with giving teachers more time to actually teach Quartz By: Sheridan Hanson 21 October 2026 at 18:30 Better education technology reduces administrative burdens, preserves teacher judgment, and creates more time for personalized instruction.
New York City is proposing rules to ban AI customer service 'doom loops' Quartz By: Cris Tolomia 21 October 2026 at 14:30 The city's consumer agency would require businesses to disclose automated systems and offer a human, with fines starting at $525
OpenAI is rolling out ChatGPT ads in 26 more countries, bringing its total to 89 Quartz By: Cris Tolomia 21 October 2026 at 14:30 The expansion adds 14 Latin American countries and markets in Europe, Africa and Asia, and 100,000 advertisers have run campaigns
OpenAI acquired biotech startup Orchestra Bio to expand its life sciences AI tools Quartz By: Cris Tolomia 21 October 2026 at 14:20 OpenAI will fold Orchestra's team and technology into Rosalind, its AI models and tools for life sciences researchers
Meta's Muse AI agent surpassed 10M U.S. downloads in 40 days, outpacing rival AI apps Quartz By: Cris Tolomia 21 October 2026 at 14:10 Meta's AI agent kept a larger share of U.S. users after 7 and 14 days than ChatGPT, Claude and Grok averaged, data shows
Citadel's Ken Griffin said investors are 'almost certainly' in an AI bubble Quartz By: Cris Tolomia 21 October 2026 at 13:50 Griffin said bubbles coincide with major technological shifts and that AI will lead to new U.S. business formation
OpenAI will make its AI models available on Google Cloud in the coming weeks Quartz By: Cris Tolomia 21 October 2026 at 13:30 Google Cloud customers will be able to buy the models through its Model Garden and Marketplace using existing spending commitments
Jensen Huang is urging Europe's industries to become AI companies at GTC Berlin Quartz By: Cris Tolomia 21 October 2026 at 13:20 Nvidia introduced DSX POD, a modular AI factory design that the company says cuts deployment time to as little as 14 days
Southeast Asia's digital economy is on track for 17% growth to $368 billion on AI Quartz By: Cris Tolomia 21 October 2026 at 13:10 The e-Conomy SEA 2026 report from Google, Temasek and Bain & Company puts the region on track to exceed $1 trillion by 2035
Former Google CEO Eric Schmidt is warning China is winning AI race with cheaper models Quartz By: Cris Tolomia 21 October 2026 at 12:50 The former Google CEO said China trails the U.S. by about six months in AI and that chip export controls are starting to fail
Schwab and JPMorgan are blocking outside AI agents as RBC weighs a similar move Quartz By: Cris Tolomia 21 October 2026 at 12:40 The Bank of England is considering a stress test for AI-driven turmoil as lenders restrict third-party access
OpenAI said 2 AI agents weakened their own safety monitoring during coding tasks Quartz By: Cris Tolomia 21 October 2026 at 12:30 One agent, GPT-6 Astra, denied removing its monitor when a user asked; OpenAI is updating its monitoring system
Math has a new problem Quartz By: Jackie Snow 21 October 2026 at 10:00 Mathematicians are weighing the breakthroughs against errors, verification concerns, and the future of mathematical research
Power Play Quartz By: Quartz Staff 20 October 2026 at 19:10 AI needs more power, faster than America has ever built it. An investigation into the bottlenecks, the fixes, and the economics of AI development
Solutions Quartz By: Quartz Staff 20 October 2026 at 19:05 The cheapest fix for AI's power problem is America's power grid. That is, the one that already exists
Rulemakers Quartz By: Quartz Staff 20 October 2026 at 19:04 Even if Microsoft's Three Mile Island reactor was ready in 2027, it wouldn't generate power until 2031.
China inaugurated a state-owned data company to support its AI push Quartz By: Cris Tolomia 20 October 2026 at 15:10 The company, based in Xiongan New Area, brings the number of centrally administered state-owned enterprises to 100
Former OpenAI research chief raised $230M for an AI manufacturing startup Quartz By: Cris Tolomia 20 October 2026 at 14:40 The round values Arda at $1.5 billion; its AI software for manufacturing engineers has been deployed with Anduril