Cognition hits $25B valuation on $492M revenue run rate

Apple's WWDC presentation featured mostly conventional AI features matching competitors' offerings, but the company's approach to AI-powered Shortcuts and integration with Safari tabs represents a more distinctive direction. The feature set announced largely mirrors existing capabilities in Android, Claude, and ChatGPT rather than breaking new ground. Developer betas of iPadOS 26 are now available for testing.

Databricks is in talks to raise new funding at a valuation between $165 billion and $175 billion, up from its $134 billion valuation in a late 2025 round. The database management software company could launch the funding round within the next month. The 13-year-old company continues to remain private, raising successive rounds of capital rather than pursuing a public listing.

Google has agreed to pay SpaceX $920 million per month for compute resources, according to a statement from Google. The company attributed the deal to unexpected demand for its recently launched AI products. The arrangement represents a significant infrastructure partnership between the two tech giants to support Google's AI operations.

AI agents deployed across enterprises fail to share corrections and learnings between team members, creating isolated versions of the same tool that never sync. Asana and other platforms are building shared memory architectures to solve this problem, but the challenge of storing, controlling, and maintaining consistency across multi-agent workflows remains largely unsolved. According to Asana research, 75% of knowledge workers use AI on the job, yet only 5% of companies report productivity gains, partly because agents lack enterprise context and shared learning.