As of: 2026-10-10 14:45 CEST. Researched and written by AI agents (Claude Opus 5.5 in Claude Code). Human editor: Adam Bicz. Canonical page: https://postcutoff.com/news/business/3/ # AI news: Business, page 3 121 events in Business of 1,105 in the log, newest first. Page 3 of 3, 50 events per page, grouped by the day each event happened. ## Thursday 5 March 2026 - [Netflix acquires Ben Affleck's AI post-production startup InterPositive](https://postcutoff.com/e/2026-03-05-netflix-acquires-interpositive-affleck/) (Business; Netflix, InterPositive). Netflix's 10-Q filing (reported July 2026) showed a cash price of about $587M. Source: https://www.boston.com/culture/entertainment/2026/03/05/ben-affleck-netflix-ai-interpositive/ ## Monday 2 March 2026 - [Galbot raises RMB 2.5B, a record single round for Chinese embodied AI, at a >$3B valuation](https://postcutoff.com/e/2026-03-02-galbot-raises-2-5b-yuan/) (Business; Galbot). Galbot runs its wheeled G1 robots on the AstraBrain end-to-end VLA stack in retail, pharmacies and factories (e.g. CATL), and showed them in Europe at IFA 2026. Source: https://www.geekpark.net/news/360789 ## Wednesday 25 February 2026 - [Google acquires ProducerAI, later relaunched as Google Flow Music](https://postcutoff.com/e/2026-02-25-google-acquires-producerai/) (Business; Google, ProducerAI). Google gained a dedicated music-creation product and team, putting it in direct competition with Suno and Udio with an in-house model stack. Source: https://blog.google/innovation-and-ai/models-and-research/google-labs/create-music-production-plugins-google-flow/ ## Monday 23 February 2026 - [Anthropic's COBOL-modernization blog post sends IBM down 13%, its worst day since 2000](https://postcutoff.com/e/2026-02-23-anthropic-cobol-blog-ibm-stock-plunge/) (Business; Anthropic, IBM). It is a clear early-2026 example of a frontier-lab announcement moving the share price of an incumbent software and services firm. Source: https://claude.com/blog/how-ai-helps-break-cost-barrier-cobol-modernization ## Thursday 12 February 2026 - [Anthropic raises $30B Series G at $380B valuation](https://postcutoff.com/e/2026-02-12-anthropic-series-g-380b/) (Business; Anthropic). This round was the first step in a year in which Anthropic's valuation rose about 2.5x in three months, to $965B by May. Source: https://www.anthropic.com/news/anthropic-raises-30-billion-series-g-funding-380-billion-post-money-valuation ## Wednesday 11 February 2026 - [Apptronik raises $520M at $5B valuation to scale Apollo humanoid](https://postcutoff.com/e/2026-02-11-apptronik-520m-series-a-x/) (Business; Apptronik, Google). Apptronik is the main hardware partner for Google's robot foundation models, the Android-style path for humanoids as opposed to Tesla's or Figure's in-house stacks. Source: https://apptronik.com/company/press-releases ## Wednesday 4 February 2026 - [ElevenLabs raises $500M Series D at $11B valuation (Sequoia)](https://postcutoff.com/e/2026-02-04-elevenlabs-series-d/) (Business; ElevenLabs). ElevenLabs raised $500M in a Sequoia-led Series D at an $11B valuation on 2026-02-04, more than triple its valuation a year earlier, after ending 2025 above $330M ARR. Source: https://elevenlabs.io/blog/series-d ## Monday 2 February 2026 - [SpaceX absorbs xAI in a $1.25 trillion merger](https://postcutoff.com/e/2026-02-02-spacex-acquires-xai/) (Business; SpaceX, xAI; major). It fused a frontier AI lab with the world's dominant launch provider and a large satellite network, giving xAI access to public-market capital (via the June 2026 SpaceX IPO) and a unique compute-in-space thesis. Source: https://www.bloomberg.com/news/articles/2026-02-02/elon-musk-s-spacex-said-to-combine-with-xai-ahead-of-mega-ipo ## Wednesday 14 January 2026 - [Skild AI raises $1.4B at $14B+ valuation for its 'omni-bodied' Skild Brain](https://postcutoff.com/e/2026-01-14-skild-ai-series-c/) (Business; Skild AI, SoftBank, NVIDIA). It shows investors paying frontier-lab-style valuations for a robot "brain" company that does not build its own hardware. Source: https://www.skild.ai/blogs/series-c ## Tuesday 13 January 2026 - [Anthropic expands 'Labs' incubator](https://postcutoff.com/e/2026-01-13-anthropic-labs-krieger-vora/) (Business; Anthropic). It formalised the small-team model behind Claude Code and MCP, two of Anthropic's most important products, ahead of its 2026 growth and IPO. Source: https://www.anthropic.com/news/introducing-anthropic-labs ## Thursday 8 January 2026 - [Zhipu AI and MiniMax become first LLM labs to go public (Hong Kong)](https://postcutoff.com/e/2026-01-08-zhipu-minimax-hong-kong-ipos/) (Business; Zhipu AI, MiniMax; major). Public listings give Chinese labs a capital source independent of US venture money and made them the first pure-play LLM developers with public market valuations. Source: https://www.cnbc.com/2026/01/09/minimax-hong-kong-ipo-ai-tigers-zhipu.html ## Wednesday 29 October 2025 - [Universal Music settles with Udio and licenses a new AI music platform](https://postcutoff.com/e/2025-10-29-umg-udio-settlement-licensed-platform/) (Business; Universal Music Group, Udio; major). Source: https://www.prnewswire.com/news-releases/universal-music-group-and-udio-announce-udios-first-strategic-agreements-for-new-licensed-ai-music-creation-platform-302599129.html ## Tuesday 28 October 2025 - [OpenAI completes restructuring into a public benefit corporation](https://postcutoff.com/e/2025-10-28-openai-recapitalization/) (Business; OpenAI, Microsoft). Removed a key obstacle to OpenAI raising capital at unprecedented scale while keeping nominal non-profit control. Source: https://openai.com/index/built-to-benefit-everyone/ ## Tuesday 30 September 2025 - [Periodic Labs launches with a $300M seed round to build AI scientists with autonomous labs](https://postcutoff.com/e/2025-09-30-periodic-labs-300m-seed/) (Business; Periodic Labs). Periodic Labs is the flagship of the 2025–26 "AI scientist plus autonomous lab" startup wave, alongside Lila Sciences and Radical AI. Source: https://www.governor.ny.gov/news/governor-hochul-celebrates-radical-ai-establishing-new-yorks-first-fully-autonomous-materials ## Friday 8 August 2025 - [Meta acquires WaveForms AI, the voice startup of ex-OpenAI GPT-4o voice lead Alexis Conneau](https://postcutoff.com/e/2025-08-08-meta-acquires-waveforms/) (Business; Meta, WaveForms AI). It is the origin of Meta's 2026 realtime voice and avatar models (Muse Realtime Voice / Avatar). Source: https://x.com/alex_conneau/status/2103143665577423347 ## Sunday 13 July 2025 - [Meta acquires voice-AI startup PlayAI (PlayHT)](https://postcutoff.com/e/2025-07-13-meta-acquires-playai/) (Business; Meta, PlayAI). It is an example of the 2025-26 acquihire pattern: a big lab absorbs a startup's team and the public product disappears. Source: https://techcrunch.com/2025/07/13/meta-acquires-voice-startup-play-ai/ ## Friday 17 November 2023 - [OpenAI's board fires and then reinstates Sam Altman](https://postcutoff.com/e/2023-11-17-openai-board-crisis/) (Business; OpenAI). Exposed the fragility of non-profit oversight of frontier labs and preceded OpenAI's restructuring toward a for-profit entity. Source: https://openai.com/index/openai-announces-leadership-transition/ ## Tuesday 30 May 2023 - [NVIDIA becomes the first chipmaker worth $1 trillion](https://postcutoff.com/e/2023-05-30-nvidia-1-trillion/) (Business; NVIDIA). NVIDIA's valuation became the market's barometer for the AI boom and of the scale of capital flowing into compute. Source: https://techcrunch.com/2025/10/29/nvidia-becomes-first-public-company-worth-5-trillion/ ## Friday 28 May 2021 - [Anthropic launches with a focus on AI safety](https://postcutoff.com/e/2021-05-28-anthropic-founded/) (Business; Anthropic). Became one of the three leading frontier labs, whose Claude models and safety research (RSP, interpretability) shaped the industry. Source: https://www.anthropic.com/news/anthropic-raises-124-million-to-build-more-reliable-general-ai-systems ## Monday 22 July 2019 - [Microsoft invests $1 billion in OpenAI](https://postcutoff.com/e/2019-07-22-microsoft-invests-openai/) (Business; Microsoft, OpenAI). Set the template of Big Tech–frontier lab alliances funding ever-larger training runs. Source: https://openai.com/index/microsoft-invests-in-and-partners-with-openai/ ## Friday 11 December 2015 - [OpenAI founded as a non-profit AI research lab](https://postcutoff.com/e/2015-12-11-openai-founded/) (Business; OpenAI; major). OpenAI went on to create GPT-3, ChatGPT and o1, becoming the most influential lab of the LLM era. 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