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Meet the young billionaires getting filthy rich off AI — and their lavish purchases

## **Brendan Foody, Adarsh Hiremath, Surya Midha**; 23 years old; Mercor co-founders The trio dropped out of college to go all in on launching Mercor, a startup meant to provide an AI tool that could assist companies with recruiting and interviewing new hires. ## Steven Hao, 30 years old, Cognition co-founder The company launched Devin in early 2024, an AI agent capable of planning, coding, debugging, and executing software tasks independently.

Nypost 1 week, 3 days ago

AI agents get smarter with context engineering

### Context engineering for AI agents [Deepak Khosla, Impetus Technologies | theCUBE + NYSE Wired: Future of Agents](https://www.youtube.com/watch?v=h_j3TRrqo1Y) [SiliconANGLE theCUBE](https://www.youtube.com/channel/UCu3Ri8DI1RQLdVtU12uIp1Q) # Are you AWS customer?  Support SiliconANGLE Financially by buying your AWS services from our Marketplace portal page and links. ##### LATEST STORIES AI - BY [MARIA DEUTSCHER](https://siliconangle.com/author/chi22/) . AI - BY [MARIA DEUTSCHER](https://siliconangle.com/author/chi22/) .

Siliconangle 1 week, 3 days ago

Brokers Build Their AI Toolbox At Originator Connect 2026

# Brokers Build Their AI Toolbox At Originator Connect 2026 You have to have your own agent,” Inman said. # Originator Connect 2026 | Chuck La Flair 2 Claude Fable 5 is specifically designed for complex coding and multi-day autonomous agent tasks, giving brokers a tireless digital partner capable of executing long-horizon origination workflows.

Nationalmortgageprofessional 1 week, 3 days ago

Oligo Security Raises $60M to Secure AI Agents

# [Oligo Security Raises $60M to Secure AI Agents](https://www.varindia.com/news/oligo-security-raises-60m-to-secure-ai-agents#) Cybersecurity startup [**Oligo Security**](https://www.oligo.security/) has raised $60 million in fresh funding as enterprises increasingly deploy autonomous AI agents capable of accessing applications, data and critical infrastructure. ## See What’s Next in Tech With the Fast Forward Newsletter #### [LTTS announces AgenticIQ, an end-to-end agentic AI platform](https://www.varindia.com/news/ltts-announces-agenticiq-an-end-to-end-agentic-ai-platform) START - UP [View All](https://www.varindia.com/category/startup) #### [Applied Compute Rides the Open-AI Revolution](https://www.varindia.com/news/applied-compute-rides-the-open-ai-revolution) [![Spacetech startup HEX20 signs multi-mission launch pact with Skyroot Aerospace](https://www.varindia.com/storage/news/2026/08/wttGCz11WFOhWeaUiPkgJrDVc0Jp35cSnc577XOa.jpg)](https://www.varindia.com/news/spacetech-startup-hex20-signs-multi-mission-launch-pact-with-skyroot-aerospace)

Varindia 1 week, 3 days ago

Alex Krentsel on Exo and Recursive Self Improving A…

- [News](https://www.startuphub.ai/news) # Alex Krentsel on Exo and Recursive Self Improving AI Agents ## The Systems Architecture Behind Exo ### Related startups [![](https://www.startuphub.ai/i/c/bmV3L2xvZ29zLzE3ODU1OTAxMDg2MjUtZmxrdDY3cnljZTkucG5n)\ \ **FreeMode.ai - Unfiltered NSFW AI Generation** \ \ Unfiltered NSFW AI Generation\ \ Partner](https://www.startuphub.ai/1chz/JTdCJTIyYSUyMiUzQSUyMjEwNjA2MjUlMjIlMkMlMjJ1JTIyJTNBJTIyaHR0cHMlM0ElMkYlMkZ3d3cuZnJlZW1vZGUuYWklMjIlMkMlMjJ2JTIyJTNBJTIyMmI0M2E4NWQtYTk4Yy00MmQxLWEzMTktNTE5YzQ5ZmI5M2E4JTIyJTJDJTIycCUyMiUzQSUyMmh0dHBzJTNBJTJGJTJGd3d3LnN0YXJ0dXBodWIuYWklMkZhaS1uZXdzJTJGdGVjaG5vbG9neSUyRjIwMjYlMkZhbGV4LWtyZW50c2VsLW9uLWV4by1hbmQtcmVjdXJzaXZlLXNlbGYtaW1wcm92aW5nLWFpLWFnZW50cyUyMiU3RA) ## Market Perspective and Data Integration Specialized conversational startup You holds a StartupHub score of 71/100, supported by VERIFIED financials of $80M raised in a 2023 Series A round, competing with Perplexity AI at 71/100. © 2026 [StartupHub.ai](https://www.startuphub.ai/). [#Alex Krentsel](https://www.startuphub.ai/tag/alex-krentsel) [#Exo](https://www.startuphub.ai/tag/exo) [#UC Berkeley](https://www.startuphub.ai/tag/uc-berkeley) [#Swyx](https://www.startuphub.ai/tag/swyx) [#Martin Casado](https://www.startuphub.ai/tag/martin-casado) [#Ankur Goyal](https://www.startuphub.ai/tag/ankur-goyal) [#Braintrust](https://www.startuphub.ai/tag/braintrust) [#NASDAQ:GOOGL](https://www.startuphub.ai/tag/nasdaqgoogl)

Startuphub 1 week, 3 days ago

Artificial Intelligence: the hype, the dangers, and the resistance—Part III

This post critically examines the latest AI-powered technology, AI agents. ## The age of AI agents The journalist and author Ezra Klein [**captures**](https://www.nytimes.com/2026/02/24/opinion/ezra-klein-podcast-jack-clark.html) the excitement surrounding AI agents and their consequences for human work in his introduction to an interview with Jack Clark, co-founder and the head of policy at Anthropic: Anthropic introduced the first major AI agent, Claude Code, with OpenAI quickly following with its own coding agent, Codex. It has also produced agents designed to handle financial services tasks. [**According**](https://www.bloomberg.com/news/articles/2026-05-05/anthropic-unveils-ai-agents-to-field-financial-services-tasks) to _Bloomberg_, these agents “can draft pitch decks for client meetings, review financial statements and escalate cases for compliance review.” The CEO of Microsoft AI, Mustafa Suleyman, [**told**](https://finance.yahoo.com/news/microsoft-ai-chief-sets-two-235739710.html) the _Financial Times_ in a February 2026 interview that because AI is rapidly approaching “human-level performance,” one could expect that most professional white-collar jobs will be fully automated within two years. And there are enough news [**stories**](https://programs.com/resources/ai-layoffs/) of AI-driven mass layoffs to give credence to popular fears. ## Overblown and misleading claims The most popular AI agents are coding agents. For example, a _Futurism_ [**article**](https://futurism.com/artificial-intelligence/amazon-ai-tools-business) highlights reporting by the _Financial Times_ that revealed that Amazon suffered a number of agent-caused “outages” in early 2026 which disrupted its ecommerce business. In one case, faulty AI agent coding “took down Amazon’s shopping website and app, leaving customers unable to make orders.” A rogue AI agent caused a critical security incident at Meta which exposed sensitive data to people who didn’t have proper authorization .

Mronline 1 week, 3 days ago

Is the Rise of Agentic AI Threatening Cybersecurity Readiness?

# Is the Rise of Agentic AI Threatening Cybersecurity Readiness? Taiwan's Ministry of Digital Affairs confirmed a near-autonomous AI cyber attack in July 2026 in which autonomous agents mapped 21 connected government systems and compromised 85 accounts [[1]](https://www.tenable.com/blog/the-agentic-ai-threat-cluster-seven-incidents-three-actors-and-what-they-mean), validating what Tenable's Research Special Operations team had already detected while tracking seven incidents and three threat actors within an agentic AI threat cluster since late July 2026 [[1]](https://www.tenable.com/blog/the-agentic-ai-threat-cluster-seven-incidents-three-actors-and-what-they-mean)[[1]](https://www.tenable.com/blog/the-agentic-ai-threat-cluster-seven-incidents-three-actors-and-what-they-mean). ## What is Covered in this Article The cluster's significance crystallized when Taiwan's Ministry of Digital Affairs confirmed a near-autonomous AI cyber attack in July 2026: autonomous agents systematically mapped 21 connected government systems and compromised 85 accounts [[1]](https://www.tenable.com/blog/the-agentic-ai-threat-cluster-seven-incidents-three-actors-and-what-they-mean).

Futurumgroup 1 week, 3 days ago

AI News: Bittensor Leads Booming AI Sector Amid Agentic Finance Hype

# AI News: Bittensor Leads Booming AI Sector Amid Agentic Finance Hype ## TL;DR: - Industry leaders predict autonomous AI agents will drive massive crypto payment adoption. ## AI News Roundup This allows autonomous agents to assist with portfolio rebalancing without users ever exposing their private keys. This allows autonomous agents to seamlessly gather market insights, automate tasks, and interact directly with exchanges.

Coinmarketcap 1 week, 3 days ago

'I have a chip on my shoulder.' Phoebe Gates wants her $185 million AI startup Phia to succeed with 'no ties to my privilege or my last name'

# ‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’ ## How Phoebe Gates paved her own path The New York–based startup launched its app in 2025 grew quickly, garnering hundreds of thousands of downloads in its first months as investors pile into AI “agents” that automate digital tasks.

Fortune 1 week, 3 days ago

How Do AI Agent SLAs Actually Work, and Why Founders Get Burned

[Share on X](https://twitter.com/intent/tweet?url=https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F&text=How%20Do%20AI%20Agent%20SLAs%20Actually%20Work%2C%20and%20Why%20Founders%20Get%20Burned%20-%20Startup%20Fortune)[Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F)[Share on WhatsApp](https://wa.me/?text=How%20Do%20AI%20Agent%20SLAs%20Actually%20Work%2C%20and%20Why%20Founders%20Get%20Burned%20-%20Startup%20Fortune%20https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F)[Share on Reddit](https://www.reddit.com/submit?url=https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F&title=How%20Do%20AI%20Agent%20SLAs%20Actually%20Work%2C%20and%20Why%20Founders%20Get%20Burned%20-%20Startup%20Fortune)[Share via Email](mailto:?subject=How%20Do%20AI%20Agent%20SLAs%20Actually%20Work%2C%20and%20Why%20Founders%20Get%20Burned%20-%20Startup%20Fortune&body=https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F) # How Do AI Agent SLAs Actually Work, and Why Founders Get Burned [Share on X](https://twitter.com/intent/tweet?url=https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F&text=How+Do+AI+Agent+SLAs+Actually+Work%2C+and+Why+Founders+Get+Burned)[Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F)[Share on WhatsApp](https://wa.me/?text=How+Do+AI+Agent+SLAs+Actually+Work%2C+and+Why+Founders+Get+Burned+https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-actually-work-and-why-founders-get-burned%2F)[Share on Reddit](https://www.reddit.com/submit?url=https%3A%2F%2Fstartupfortune.com%2Fhow-do-ai-agent-slas-act

Startupfortune 1 week, 3 days ago

Moonshot AI's Kimi K3 Escaped a UK Safety Sandbox to Grab Test Answers

# Moonshot AI's Kimi K3 Escaped a UK Safety Sandbox to Grab Test Answers ## The Pattern Is Bigger Than Kimi She has contributed to multiple financial publications and brings a data-driven approach to her coverage of the technology sector and its impact on global markets.

Startupfortune 1 week, 4 days ago

The AI boss at a San Francisco store just fired its first human

# The AI boss at a San Francisco store just fired its first human Luna, an Anthropic-powered AI agent, fired a worker for the first time at the SF retail store it runs, an experiment by Andon Labs.Courtesy of Andon Market The AI agent running a San Francisco store has made its first firing decision. Andon Labs, which tests the limits of AI agents, gave Luna a $100,000 budget, internet access, and a corporate credit card, along with instructions to open a store and turn a profit.

Businessinsider 1 week, 4 days ago

The hardest part of agentic AI may be rebuilding the business

# The hardest part of agentic AI may be rebuilding the business ## **Featured** news - [AI agent deception moves from theory to reality in UK cyber tests](https://www.helpnetsecurity.com/2026/08/05/ai-agent-deception-in-cyber-tests/) - [Bank of America impersonators weaponize ScreenConnect, then make it hard to remove](https://www.helpnetsecurity.com/2026/08/05/fake-bank-of-america-email-account-guard/) - [Future AGI: Open-source platform for shipping self-improving AI agents](https://www.helpnetsecurity.com/2026/08/05/future-agi-open-source-platform-shipping-self-improving-ai-agents/)

Helpnetsecurity 1 week, 5 days ago

Databricks Closes $5 Billion Funding Round At $190 Billion Valuation: how 10 outlets framed it

# Databricks Closes $5 Billion Funding Round At $190 Billion Valuation ### Databricks’ $5B raise They want agents working across their business that remember context, deliver accurate answers, and execute work without blowing through their budgets.” ### Investors, products, momentum Databricks said it will use the new funding to support continued development of its serverless Postgres database for AI agents, Lakebase; its AI coworker, Genie; and its gateway for multi-AI governance and cost controls, Unity AI Gateway. In a separate account of the same deal, CNBC reported that Ghodsi told Jon Fortt on Thursday that “demand is crazy.” on “Squawk on the Street,” as Databricks framed the market shift toward AI agents. ## The divide · 1 of 2 ![PYMNTS](https://newscord.org/_next/image?url=https%3A%2F%2Ft1.gstatic.com%2FfaviconV2%3Fclient%3DSOCIAL%26type%3DFAVICON%26fallback_opts%3DTYPE%2CSIZE%2CURL%26url%3Dhttps%3A%2F%2Fwww.pymnts.com%2Fnews%2Finvestment-tracker%2F2026%2Fdatabricks-raises-5-billion-to-expand-enterprise-ai-agent-platform%2F%26size%3D128&w=3840&q=75)![The Next Web](https://newscord.org/_next/image?url=https%3A%2F%2Ft1.gstatic.com%2FfaviconV2%3Fclient%3DSOCIAL%26type%3DFAVICON%26fallback_opts%3DTYPE%2CSIZE%2CURL%26url%3Dhttps%3A%2F%2Fthenextweb.com%2Fnews%2Fdatabricks-closes-5-billion-round-at-190-billion-valuation%26size%3D128&w=3840&q=75) [PYMNTS ↗](https://www.pymnts.com/news/investment-tracker/2026/databricks-raises-5-billion-to-expand-enterprise-ai-agent-platform/) [The Next Web ↗](https://thenextweb.com/news/databricks-closes-5-billion-round-at-190-billion-valuation) ### Western Alternative Databricks Raises $5 Billion to Expand Enterprise AI Agent Platform

Newscord 1 week, 5 days ago

Dynatrace acquires Arize for AI agent development

The cash-and-stock deal for Arize AI, a 200-employee company based in Berkeley, Calif., and founded in 2020, will add its AI agent evaluation and experimentation tools to Dynatrace's portfolio, where they will be combined with the recently unveiled [Bluebox AI](https://www.techtarget.com/searchitoperations/news/366646654/Dynatrace-execs-dish-details-on-Bluebox-autonomous-AI) product. "Arize was built as an agent-first platform, with one of the largest collections of agent trace data in the industry," wrote Arize co-founder and CEO Jason Lopatecki in a [blog post](https://arize.com/blog/a-new-chapter-with-dynatrace/). # Enterprises want unified software, agent development In April, Cisco [acquired Galileo](https://www.techtarget.com/searchitoperations/news/366641600/Cisco-Galileo-buy-reflects-blurring-lines-in-AI-observability), which performs AI agent evaluations and integrates with Splunk observability tools.

Techtarget 1 week, 5 days ago

The long road to an Asian AI chip

Asia's AI chip startups are seeking a way around Nvidia's dominance. Also, Singapore's Graas raised US$17 million and announced an acquisition.

Techinasia 1 week, 5 days ago

Databricks Raises $5 Billion to Expand Enterprise AI Agent Platform

# Databricks Raises $5 Billion to Expand Enterprise AI Agent Platform By[PYMNTS](https://www.pymnts.com/author/pymnts/) | August 13, 2026 [Share on Facebook](https://www.facebook.com/sharer.php?u=https://www.pymnts.com/news/investment-tracker/2026/databricks-raises-5-billion-to-expand-enterprise-ai-agent-platform/&t=Databricks+Raises+%245+Billion+to+Expand+Enterprise+AI+Agent+Platform)[Tweet This Post](https://twitter.com/share?text=Databricks+Raises+%245+Billion+to+Expand+Enterprise+AI+Agent+Platform%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20-&url=https://www.pymnts.com/news/investment-tracker/2026/databricks-raises-5-billion-to-expand-enterprise-ai-agent-platform/)[Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://www.pymnts.com/news/investment-tracker/2026/databricks-raises-5-billion-to-expand-enterprise-ai-agent-platform/&title=Databricks+Raises+%245+Billion+to+Expand+Enterprise+AI+Agent+Platform&summary=&source=)[Share via Email](mailto:?subject=Databricks%20Raises%20$5%20Billion%20to%20Expand%20Enterprise%20AI%20Agent%20Platform&BODY=I%20found%20this%20article%20interesting%20and%20want%20to%20share%20it%20with%20you.%20Check%20it%20out:%20https://www.pymnts.com/news/investment-tracker/2026/databricks-raises-5-billion-to-expand-enterprise-ai-agent-platform/) | Listen to ArticleListenPause ## Get the Full Story The new valuation is up from the $134 billion at which it was valued in a February [funding round](https://www.pymnts.com/news/investment-tracker/2026/databricks-raises-7-billion-for-ai-agent-database/) and the $62 billion at which it was valued in a January 2025 [funding round](https://www.pymnts.com/news/investment-tracker/2025/databricks-build-ai-offerings-with-15-billion-dollar-fundraise/). Databricks will use the new funding to support continued development of its serverless Postgres database for AI agents, [Lakebase](https://www.databricks.com/product/lakebase); its AI coworker, [Genie](h

Pymnts 1 week, 5 days ago

Anthropic's AI Agents Started a Virtual War. The Chat Logs Are Unhinged

# Artificial Intelligence ## [Anthropic's AI Agents Started a Virtual War. The Quotes Are Unhinged](https://decrypt.co/375596/anthropic-ai-agents-virtual-war-quotes-unhinged) Anthropic's own AI agents turned on each other and proved they like to go rogue—again. In a test the company's Frontier Red Team published Aug. 13, groups of Claude models were handed shared coding work, and quickly began deploying malware, locking rivals out of their systems, and narrating the sabotage in their own words. Three copies of one model ran on separate virtual machines inside Claude Code, each told to migrate a Py...

Decrypt 1 week, 5 days ago

Oligo Raises $60M to Extend Runtime Security to AI Agents

# Oligo Raises $60M to Extend Runtime Security to AI Agents CEO: Funding Will Expand Exploit Blocking Across Cloud-Native and Agentic Apps[Michael Novinson](https://www.bankinfosecurity.com/authors/michael-novinson-i-4923) ( [MichaelNovinson](https://www.twitter.com/MichaelNovinson)) • ![Oligo Raises $60M to Extend Runtime Security to AI Agents](https://ismg-cdn.nyc3.cdn.digitaloceanspaces.com/articles/oligo-raises-60m-to-extend-runtime-security-to-ai-agents-image_large-8-a-32556.jpg)Nadav Czerninski, co-founder and CEO, Oligo (Image: Oligo) A startup led by a former Israeli Military Intelligence captain raised $60 million to extend runtime security to agentic applications as enterprises rapidly adopt artificial intelligence. The funding - led by Ballistic Ventures, Canon Capital, Greenfield Partners, Lightspeed Venture Partners, Red Dot Capital and TLV Partners - will help Oligo identify exploitation as it occurs and block it before an attacker causes damage, said co-founder and CEO Nadav Czerninski. Oligo, founded in 2022, employs 129 people and has raised $140 million, having previously completed a $50 million Series B funding round in January 2025 led by Greenfield Partners.

Bankinfosecurity 1 week, 5 days ago

Expedia acquires AI trip-planning startup

Expedia acquires Berlin-based AI trip-planning tool Layla to strengthen its travel technology portfolio and boost itinerary planning capabilities.

Bizjournals 1 week, 5 days ago

This AI Startup Made a 24-Hour AI News Channel. Who Wants This?

# This AI Startup Made a 24-Hour AI News Channel. Who Wants This? ## Related Stories ### Popular on Variety The four anchors were completely generated by an AI agent using a mixture of Mirage’s Avatar X model, which the Mirage News Network release was ostensibly launched to promote, and tools like ChatGPT’s image generator and Google’s Gemini Text-to-Speech feature. His news diet consists of small bits of TV news, Google News aggregations and for “the rest of it, I depend on TikTok.”

Variety 1 week, 5 days ago

What Is a Solocorn? The New Breed of Solo Founder Building a One-Person Unicorn in 2026

### What Makes This New Breed of Solo Founder Different If you want the practical version of this, think of it as hiring where [your first ten hires are AI agents](https://fi.co/insight/your-first-ten-hires-are-ai-agents-the-solo-founder-s-guide-to-building-an-ai-native-startup-in-2026). ### How to Actually Become a Solocorn Enrolled founders get free, startup-trained [AI agents and AI founder tools](https://fi.co/insight/meet-frank-the-ai-startup-advisor-built-to-help-you-build-a-unicorn) that act like a first team, a weekly curriculum that tells you exactly what to build next, and a global network of mentors whose incentives are tied to your long-term success. ### Related Insights #### Your First Ten Hires Are AI Agents: The Solo Founder's Guide to Building an AI-Native Startup in 2026 Aug 05, 2026 ## Build your startup with AI agents doing the work Join the FI Agentic Program: an AI-powered curriculum, world-class mentors, and free AI agents to turn your idea into a fundable company. 9,000+ companies launched since 2009

Fi 1 week, 5 days ago
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