Market News

Legal AI Firm Harvey Reaches $100 Million in Annual Recurring Revenue

Since its inception, the legal AI firm has increased its user-base and revenue.

Rising Revenues Highlight Reddit’s Commitment to AI and Advertising

Reddit’s deep dive into AI has led to high revenue and rewards.

Revenue of GenAI Apps Doubles as Downloads Reach 1.7 Billion in First Half of 2025

Generative AI apps are growing at a fast rate, doubling in record revenue.

New Funding Round Propels AI Startup Anaconda to $1.5 Billion Valuation

The startup has received more funds to scale up its AI platform.

AI Chip Innovator FuriosaAI Gains Key Customer, Shuns Meta Buyout

The South Korean startup has a key investor to work with.

Nvidia Sets Plans to Resume AI Chip Distribution in China

The AI chip maker has made known its desire to enter the Chinese market.

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