Snowflake Acquires Crunchy Data to Launch Enterprise-Grade Postgres

Snowflake is acquiring Crunchy Data—an open-source Postgres specialist—in a deal estimated at $250M. The move enables Snowflake to roll out Snowflake Postgres, bolstering its AI Data Cloud with enterprise-grade PostgreSQL capabilities. As demand for AI-ready data infrastructure rises, Snowflake joins tech giants racing to enhance database offerings tailored for AI-driven enterprise applications.

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Console Raises $6.2M to Automate IT Help Desk with AI

Ex-Rippling product lead Andrei Serban launched Console to automate routine IT help desk tasks using AI. With quick Slack integration and support from Scale AI, Calendly, and Thrive Capital, Console resolves over 50% of requests autonomously. The startup aims to expand into HR, finance, and legal, becoming employees’ go-to solution for workplace support.

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Salesforce Acquires Moonhub, an AI-Powered Hiring Solutions Startup

Salesforce is integrating members of Moonhub’s team, an AI-driven startup specializing in talent acquisition, following Moonhub’s closure announcement. Though not a full acquisition, the move aligns with Salesforce’s growing AI strategy. Moonhub, backed by investors like Khosla Ventures and Salesforce, built tools for automated hiring. The team will now help enhance Salesforce’s AI-driven HR solutions.

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Samsung Eyes Deeper AI Integration with Perplexity

Samsung is reportedly planning to invest in AI startup Perplexity and integrate its technology into future Galaxy phones. Discussions include preloading its app, enhancing Bixby with Perplexity’s AI, and adding its search tools to Samsung’s browser. This move follows Perplexity’s $500M raise at a $14B valuation, drawing attention from Apple and Motorola too.

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Heatseeker AI Raises $1.5M to Disrupt Market Research with Real-Time Insights

Australian startup Heatseeker AI has secured $1.5M in US-led pre-seed funding to scale its behavioral research platform. With clients like Medibank, Tyro, and Bain, the platform captures real-time customer behavior. Led by ex-Cisco innovator Kate O’Keeffe, the team runs product in Australia and sales from the US—mirroring Atlassian and Canva’s global playbook.

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UPI Dominates Digital India, CBDC Gathers Steam

UPI is clearly the backbone of India’s digital economy, now powering 84% of retail payments. Its explosive growth in QR codes and global expansion shows India’s fintech edge. Meanwhile, RBI’s CBDC pilots signal a strategic shift toward programmable money. The future? A hybrid payments system blending real-time rails with state-backed digital currency. A bold move.

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Perplexity Unveils ‘Perplexity Labs’ to Expand Beyond Search with AI-Powered Productivity Tools

Perplexity has launched Perplexity Labs for Pro subscribers, enabling users to create reports, dashboards, web apps, and more using AI. Available on web and mobile, Labs boosts functionality with tools like code execution and data visualization. The move strengthens Perplexity’s enterprise appeal, aligning with reports of a potential $1B raise at an $18B valuation.

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NVIDIA Smashes Expectations with $44.1B Q1 Revenue, Despite China Chip Setback

NVIDIA kicked off fiscal 2026 with a record-breaking $44.1 billion in Q1 revenue, up 69% year-over-year, led by explosive demand in its data center business—which alone contributed $39.1 billion, or 88% of total sales. Even as U.S. export curbs hit shipments of its H20 AI chips to China, NVIDIA still pulled in $4.6 billion from those chips before the licensing kicked in.

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Horizon3.ai Raises $73M+ Toward $100M Goal Amid Rapid Growth

Cybersecurity startup Horizon3.ai has secured over $73M toward a $100M raise, reportedly valuing it near $750M. Backed by NEA, the AI-powered threat detection firm boasts $30M ARR and 101% YoY growth. Following its FedRAMP approval, Horizon3.ai continues expanding in federal and enterprise sectors, mirroring NEA’s recent Veza investment and riding rising demand for automated cyber defense.

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WordPress Forms Dedicated AI Team to Drive Open Innovation

WordPress has launched a new AI Team to lead and unify artificial intelligence development across its ecosystem. The team aims to accelerate innovation through plugin-first experimentation, ensure responsible integration, and uphold WordPress values. Backed by contributors from Automattic, Google, and 10up, this move positions WordPress to shape AI in an open, community-driven way.

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