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AI Companies

Perplexity's Browser Bet: Why It Doubled Down on Comet the Same Summer OpenAI Killed Atlas

When OpenAI shut down its ChatGPT Atlas browser in August 2026, Perplexity was raising money at a $30B+ valuation to build Comet into the opposite bet — that the AI browser, not the chat window, is where the agent economy actually lives.

September 24, 2026 · 9 min read
AI Companies

Nvidia's $20 Billion Groq Deal: How a 'Reverse Acquihire' Buys Chip Talent Without Triggering Antitrust Review

Nvidia paid roughly $20 billion for a non-exclusive license to Groq's inference chip technology and hired its two top executives — while Groq itself stays a nominally independent company. Here's what was actually licensed, why the structure matters more than the price tag, and what it signals about how dominant tech companies now avoid merger review.

August 12, 2026 · 7 min read
AI Companies

Mistral AI, Profiled: The Product Isn't the Model, It's the Deployment Terms

ASML led a ~€1.7B round in Mistral AI in 2025 — an industrial policy trade dressed as a venture round. A grounded look at what the Paris lab actually ships, why sparse MoE was the right asymmetric bet, and where the open-weight-plus-sovereignty strategy is fragile.

July 27, 2026 · 7 min read