Databricks AI Chief Raises $1B, Meta Secures $14.2B Cloud Deal

The artificial intelligence sector continues its rapid expansion, attracting significant investment and driving innovation across various industries. Venture capital is heavily focused on AI, with these investments capturing a record 64% of deal value in Q3 2025, despite a general fundraising slowdown. This surge is fueling U.S. dealmaking and exit activity, with companies like CoreWeave Inc. leading the way. In the AI hardware space, former Databricks AI chief Naveen Rao is reportedly raising $1 billion for a new startup, Unconventional, Inc., aiming for a $5 billion valuation with backing from Andreessen Horowitz and others. This venture aims to challenge established players like Nvidia by developing novel technology and combining proprietary chips with a service infrastructure. Meanwhile, Meta Platforms is making substantial commitments to AI infrastructure, securing a long-term cloud deal with CoreWeave for up to $14.2 billion through 2032 to bolster its generative AI development. Oracle is also enhancing its AI and cloud infrastructure capabilities, issuing $18 billion in bonds and launching new AI-driven solutions for agriculture and government, projecting significant growth by 2028. In the realm of AI applications and services, Duolingo is integrating AI to improve user experience and global reach, expecting strong earnings growth. Motorola Solutions is expanding its AI-assisted security solutions for public safety, with deployments in cities like Palermo and Sao Paolo. Himax Technologies' AI sensing solution is now powering Acer's new AI notebook, which has entered mass production. Clarivate is boosting its Innography platform with AI-driven tools, aiming for 90% of its revenue from subscriptions by 2026. PayPal is evolving into an AI-integrated commerce platform, introducing AI-powered shopping features for its Honey platform and partnering with Google for commerce. Emerson Electric has launched Guardian Virtual Advisor, an AI-powered software platform to optimize industrial automation. Rubrik reported strong Q2 results with 51% revenue growth, driven by subscription revenues and new AI security offerings. IES Holdings is positioned to benefit from the demand for AI infrastructure, including data centers. In the competitive AI operating system market, Nebius Group NV and Palantir Technologies Inc. are vying for dominance, with both commanding high valuations. However, concerns about a potential hype bubble are surfacing, as early-stage AI startup valuations are becoming excessively high, with some ventures valued at $400 million to $1.2 billion per employee. Despite these concerns, OpenAI has reached a valuation of $500 billion, becoming the world's most valuable private company, underscoring the significant impact of AI on market valuations. In a move that could challenge Google Chrome, AI startup Perplexity is making its AI browser, Comet, free for all users, leading to a slight dip in Alphabet's stock.

Key Takeaways

  • Artificial intelligence investments captured a record 64% of venture capital deal value in Q3 2025, indicating strong investor focus despite an overall fundraising slump.
  • Naveen Rao, former AI chief at Databricks, is reportedly raising $1 billion for a new AI hardware startup, Unconventional, Inc., aiming for a $5 billion valuation with backing from Andreessen Horowitz.
  • Meta Platforms has committed up to $14.2 billion through 2032 to CoreWeave for AI computing capacity, strengthening its generative AI development.
  • Oracle is investing $18 billion in bonds to boost its AI and cloud infrastructure, projecting significant revenue and earnings growth by 2028.
  • Duolingo is integrating AI to enhance user experience and global expansion, anticipating strong earnings and revenue increases.
  • Motorola Solutions is expanding its AI-assisted security solutions for public safety, with successful deployments in international locations.
  • Himax Technologies' WiseEye AI sensing solution is now integrated into Acer's Swift Edge 14 AI notebook, which has entered mass production.
  • Clarivate aims to generate 90% of its revenue from subscriptions by 2026 by enhancing its Innography platform with new AI-driven solutions.
  • PayPal is developing an AI-integrated commerce platform, introducing AI-powered shopping features and a payment collaboration with Google.
  • OpenAI has reached a valuation of $500 billion, becoming the world's most valuable privately held company, reflecting the significant impact of AI on market valuations.

Oracle boosts AI and cloud infrastructure with $18 billion bond

Oracle is transforming into a major provider of AI and cloud infrastructure, backed by a growing backlog of contracts. The company recently issued $18 billion in bonds and launched new AI-driven agriculture and government solutions. These developments support Oracle's strategy to monetize its AI platforms across various industries. The company projects significant revenue and earnings growth by 2028, driven by AI and cloud adoption.

Duolingo uses AI to boost growth and earnings outlook

Duolingo is focusing on its long-term growth by integrating artificial intelligence to improve user experience and expand globally. The company expects strong earnings and revenue growth, driven by international user adoption and new AI features. Despite competitive threats, Duolingo's AI-first approach aims to optimize productivity and reach. The company projects significant revenue and earnings increases by 2028.

Motorola Solutions expands AI security for public safety

Motorola Solutions is enhancing public safety with new AI-assisted security solutions, including deployments at the University of Palermo and the Sao Paolo subway. The company's focus on integrated, intelligent safety solutions is driving growth in software and services. With a strong track record and recurring revenue streams, Motorola Solutions is investing in AI-driven innovation. The company's AI security innovations aim to capitalize on the growing demand for smart city applications.

Himax Technologies' AI sensing solution powers Acer's new AI notebook

Himax Technologies' WiseEye AI sensing solution is now integrated into Acer's Swift Edge 14 AI notebook, which has entered mass production. This integration enhances features like human detection and power saving, reflecting the growing demand for AI-enabled devices. Himax is diversifying its AI technology applications across consumer electronics and automotive markets. The company projects revenue and earnings growth by 2028.

IDT balances AI investments with shareholder returns

IDT is focusing on digital and AI-driven transformation in fintech and communications, with its BOSS Money segment driving performance. The company maintains its quarterly dividend while investing in technology and pursuing growth through digital channels. IDT aims for double-digit adjusted EBITDA growth by balancing capital returns with reinvestment in the business. The company projects modest revenue changes and earnings growth by 2028.

Clarivate boosts AI tools and subscription revenue

Clarivate is enhancing its Innography platform with new AI-driven solutions and aims to generate 90% of its revenue from subscriptions by 2026. These initiatives focus on automation and AI integration within its intellectual property and research tools. Clarivate is streamlining its portfolio by reviewing non-core assets. The company's strategy shifts towards recurring revenue stability and deeper AI capabilities to differentiate itself in the market.

Meta commits $14.2 billion to CoreWeave for AI infrastructure

Meta Platforms has secured a long-term cloud infrastructure deal with CoreWeave, committing up to $14.2 billion through 2032 for AI computing capacity. This partnership strengthens Meta's AI capabilities and reduces supplier concentration. The deal supports Meta's drive for generative AI development and its AI-driven advertising performance. The company projects significant revenue and earnings growth by 2028.

Rubrik's AI security launches drive rapid growth

Rubrik reported strong Q2 results with 51% revenue growth, driven by subscription revenues and new AI security offerings like Okta Recovery. The company's momentum is fueled by high-profile partnerships and AI-driven solutions in cybersecurity. Rubrik's strategy focuses on expanding its market share and total addressable market in data security. Despite fierce competition, Rubrik's innovations position it for significant growth.

PayPal integrates AI and partners with Google for commerce

PayPal is evolving into an AI-integrated commerce platform with new AI-powered shopping features for its Honey platform and a major payment collaboration with Google. The company also formed a $7 billion buy now, pay later partnership with Blue Owl Capital. These initiatives aim to enhance AI commerce experiences and increase consumer and merchant engagement. PayPal projects revenue and earnings growth by 2028.

Emerson Electric launches AI advisor for automation

Emerson Electric has launched Guardian Virtual Advisor, an AI-powered software platform designed to help industrial clients optimize automation. This tool uses natural language AI and troubleshooting insights to support operations throughout the plant lifecycle. The launch underscores Emerson's commitment to leading digital transformation in industrial automation. The company expects growth driven by increased adoption of automation and digital technologies.

IES Holdings benefits from AI infrastructure demand

IES Holdings is well-positioned to benefit from the growing demand for AI infrastructure, including data centers and digital systems. Industry experts note increased investor interest in companies supporting this expansion. IES Holdings has a visible pipeline and expertise in building the physical backbone of digital infrastructure. The company's growth is supported by solid revenue and earnings, though governance remains a point of attention.

Naveen Rao's AI hardware startup seeks $5B valuation

Naveen Rao, former AI chief at Databricks, is reportedly raising $1 billion for a new AI hardware startup aiming for a $5 billion valuation. Backed by Andreessen Horowitz (a16z), the startup is developing novel technology to compete with established players like Nvidia. This move highlights the intense competition and rapid innovation in the AI hardware sector. Rao's previous success with MosaicML signals strong investor confidence.

Naveen Rao's AI hardware startup targets $5B valuation with a16z backing

Naveen Rao, former AI chief at Databricks, is reportedly raising $1 billion for a new AI hardware startup aiming for a $5 billion valuation. The startup has secured backing from Andreessen Horowitz (a16z) and is developing new technology to compete with Nvidia. Rao's previous success with MosaicML, acquired by Databricks for $1.3 billion, underscores his expertise. This funding round signals strong investor confidence in the AI hardware market.

Nevin Rao's Unconventional Inc. raises $1B for AI hardware

Unconventional, Inc., led by former Databricks AI head Nevin Rao, is reportedly raising $1 billion at a $5 billion valuation. Andreessen Horowitz is expected to lead the round, with Lightspeed and Lux Capital also involved. Rao plans to begin construction before the funding is fully secured, using a tranche-based approach. The startup aims to revolutionize AI hardware by combining proprietary chips with a service infrastructure.

Perplexity makes AI browser free, impacting Alphabet stock

AI startup Perplexity is making its $200 monthly AI browser, Comet, free for all users, potentially challenging Google Chrome. Perplexity CEO Aravind Srinivas stated the goal is to build a better, accessible internet. The free version will have rate limits, while a $5 monthly subscription offers premium content. Alphabet's stock saw a slight decline as investors weigh this new competitive offering.

Alphabet stock dips as Perplexity offers free AI browser

Alphabet shares fell after AI startup Perplexity announced it would offer a free version of its AI-powered browser, Comet. Previously available through a $200 monthly subscription, Comet aims to combat low-quality internet content by summarizing webpages and extracting key information. Perplexity CEO Aravind Srinivas stated the free version will have limits. This move intensifies competition in the browser market, impacting Alphabet's dominant position.

AI investments dominate venture capital in Q3

Artificial intelligence investments captured a record 64% of venture capital deal value in the third quarter of 2025, despite an overall fundraising slump. AI-fueled deals are driving U.S. dealmaking towards its third most active year. Exit activity, including IPOs, also saw significant value, with AI companies like CoreWeave Inc. leading the way. Venture capital firms raised $47.8 billion in new commitments, but capital remains selective.

Meta's AI investments create investor debate

Meta Platforms is undergoing a strategic shift, heavily investing in artificial intelligence and the metaverse, leading to investor debate about future returns. While Meta's advertising business remains strong, growth is maturing, pressuring the company to prove its AI and metaverse bets will be profitable. Competition in AI infrastructure is intense, and Meta's focus on consumer-facing experiences carries risk. Investors weigh the company's dominant user ecosystem against uncertainty in its long-term strategy.

True Ventures backs AI startups in new investment wave

True Ventures, a firm founded during the Web 2.0 era, is now heavily investing in AI startups, viewing AI as a transformative layer across all sectors. The firm has made over 80 AI-native investments since 2015 and anticipates significant capital expenditures in AI infrastructure. True Ventures focuses on the application-building phase, believing it will create substantial value. They invest with a five to ten-year outlook, backing companies like Guilded, Moderne, and Recursion.

Nebius and Palantir compete in AI infrastructure war

Nebius Group NV and Palantir Technologies Inc. are competing in the AI infrastructure market, commanding high valuations. Nebius focuses on providing GPU farms and data center capacity, acting as an infrastructure supplier. Palantir offers its Foundry and Gotham platforms as an 'AI operating system' for enterprises and governments. Both companies are priced for perfection at over 100 times sales, with investors weighing the value of infrastructure versus applications.

AI startup valuations raise bubble concerns amid funding surge

Leading investors are warning that early-stage valuations for AI startups are becoming excessively high, creating a potential hype bubble. Companies with an 'AI' label are commanding large multiples of revenue, with some early-stage ventures valued at $400 million to $1.2 billion per employee. While AI startups raised $73.1 billion globally in the first quarter of 2025, investors caution that market expectations may outpace technological delivery.

BofA strategists suggest playing AI trade with cyclical assets

Bank of America strategists advise investors to play the frothy AI trade by combining AI assets with cyclical ones, noting that while the AI bubble appears overheated, central banks have not tightened policy recently. Global equity ETFs saw record inflows, led by Technology and Materials funds. The strategists favor resources and UK stocks, suggesting a barbell approach to capitalize on both the AI boom and cheaper cyclical assets.

OpenAI leads as world's most valuable private company

ChatGPT-parent OpenAI has reached a valuation of $500 billion, becoming the world's most valuable privately held company. Crypto giant Tether is also nearing a similar valuation. Investor enthusiasm for AI is reshaping market valuations. This surge highlights the significant impact of AI on company valuations across the financial landscape.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

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