Funding & Deals

Quick Hits: Owner $240M Series D, a16z Machine Age, Meta data center robots

Quick Hits

Quick Hits: Owner $240M Series D, a16z Machine Age, Meta data center robots

A small roundup of funding and infrastructure moves that didn't make the main brief — three quick stories from the day's wire. Owner lands $240M Series D at a $2.3B valuation. The restaurant-AI agent company closed a Series D led by existing investors, valuing it at $2.3 billion just four years after launch. Owner's agents run the back office for independent restaurants — websites, marketing, ordering, and guest messaging — and the company says it now serves tens of thousands of locations.

a16z's $1.1B Machine Age fund, Meta's India VP heads to OpenAI

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a16z's $1.1B Machine Age fund, Meta's India VP heads to OpenAI

Capital is finally catching up to the bottleneck. Andreessen Horowitz said Thursday it is standing up a $1.1 billion "Machine Age" fund dedicated to the physical layer of AI — chips, memory, interconnects, data centers, robots, and the cooling, electrical, and real-estate buildout they all need. The pitch is unusually blunt for a16z: the firm calls AI's advance a "social and national imperative," and says the next decade of returns will belong to whoever can ship faster, cheaper, and more…

TIME names the 100 most influential people in AI for 2026

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TIME names the 100 most influential people in AI for 2026

The fourth annual TIME100 AI list is out, and it reads as a map of where the industry's power has migrated over the past year — from model labs into the compute, chips, and data-center infrastructure that actually sustains them. TIME's 2026 TIME100 AI list — its fourth — names the 100 people the magazine's editors and reporters judge most influential in shaping artificial intelligence, split across Leaders, Innovators, Shapers, and Thinkers.

Meta's $10B Anthropic tab outs the AI race's awkward economics

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Meta's $10B Anthropic tab outs the AI race's awkward economics

For months, Mark Zuckerberg has cast Anthropic — and OpenAI — as the closed, centralized dangers his open-source movement exists to fight. His own spreadsheets tell a flatter story. Sources told The New York Times that Meta's internal projections assumed it could spend as much as $10 billion a year on Anthropic's models, at the same time Zuckerberg was publicly trashing the lab as a rival. The report, published Aug.

AI threats turned cyber earnings into a 20% stock rally

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AI threats turned cyber earnings into a 20% stock rally

Cybersecurity was this week's quiet AI winner. Two of the sector's biggest names blew past expectations and raised guidance purely on the back of AI-agent threat demand — and the market rewarded them loudly. CrowdStrike and Okta both crushed Wall Street's Q2 estimates and lifted their full-year forecasts, citing the AI agent threat, sending Okta shares up 20% and CrowdStrike 15% on Thursday while the rest of the cyber sector followed hard.

Socure raises $156M at $5.2B, buys agentic AI startup Fravity

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Socure raises $156M at $5.2B, buys agentic AI startup Fravity

Identity-verification heavyweight Socure is betting that the messiest, most human part of financial compliance is finally ready for AI agents — and it has raised a fresh $156 million round to prove it. Two agent stories frame a day where verification — of who people are and what their code does — is being handed over to machines. Socure raised $156 million at a $5.2 billion valuation and acquired Fravity, an AI startup whose agents automate the document-heavy grinding work that sits behind…