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AI music 2026-07-02

TIDAL will stop paying royalties on fully AI-generated songs

Streaming economics, AI music labels and creator payouts.

#Copyright#Streaming
Acquisitions 2026-07-02

Persistent Systems moves to buy Nagarro for $1.45B

Digital engineering consolidation as AI changes services margins.

#IT outsourcing#AI
AI agents 2026-07-02

Neo bets $30 million on an AI-native office suite

Bhavin Turakhia is funding Neo with $30 million of his own money, aiming to rebuild office software around agents rather than add chatbots to old tools.

#Enterprise software#startup funding
AI applications 2026-07-02

AI-written claims add pressure to UK employment tribunals

More UK workers are using AI to prepare employment tribunal claims, widening access to justice while adding more paperwork to an already overloaded system.

#AI Regulation#Social impact
Embodied AI 2026-07-02

CarbonSix raises $40 million to bring physical AI to factories

South Korea’s CarbonSix secured a $40 million Series A to deploy robot intelligence and automation tools for manufacturing tasks that change from job to job.

#startup funding#AI applications
Data Centers 2026-07-02

Omen AI raises $31 million to monitor data center fluids

Omen AI raised a $31 million Series A for inline sensors that track coolant contamination and wear as AI data centers move deeper into liquid cooling.

#Funding#AI infrastructure
OpenAI 2026-07-02

OpenAI tests biology judgment, and GPT-5.6 clears only 31.5%

GeneBench-Pro uses messy biological datasets to test whether models can make research decisions, not just answer textbook questions.

#AI drug discovery#Benchmarks
Chips 2026-07-02

Raja Koduri raises $35 million to build an Arm for AI chips

Oxmiq Labs wants to license OxCore, a GPU-style IP block that combines GPU, CPU and tensor engine pieces for custom AI silicon.

#Funding#AI infrastructure
Funding 2026-07-02

Together AI lands $800 million as open-model cloud demand surges

Aramco Ventures led the Series C, valuing the Nvidia-backed open-model infrastructure provider at $8.3 billion.

#Open Source#AI infrastructure#Nvidia
Funding 2026-07-02

TwelveLabs raises $100 million for video superintelligence

The video-understanding startup will expand research in San Francisco and Seoul, open offices in New York and London, and train on AWS Trainium.

#Video AI#Amazon#South Korea
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