Plaud Crosses $100M ARR with AI Notetaker Business

According to TechCrunch, Plaud has announced that its software business has surpassed $100 million in annual recurring revenue, following the shipment of over two million AI-powered notetaking devices. The milestone positions Plaud as a notable contender in what TechCrunch describes as a crowded market of AI-powered meeting notetakers. The company's revenue figure reflects its software subscription side of the business specifically, separate from hardware sales.

Probably Raises $9M to Tackle AI Hallucinations

A startup called Probably has raised $9 million in funding with the goal of building more reliable AI systems, TechCrunch reports. The company is focused on preventing hallucinations and factual errors from reaching end users, with a stated aim of achieving accuracy on par with deterministic systems. The raise signals continued investor interest in AI reliability and trustworthiness as core product differentiators, particularly as AI outputs become more deeply embedded in business workflows.

SpaceX Acquires Cursor for $60B Following IPO

TechCrunch reports that SpaceX has agreed to acquire Cursor, the AI-powered coding tool, in an all-stock deal valued at $60 billion. The announcement comes just days after SpaceX's blockbuster IPO, during which the company told investors it sees a $26 trillion addressable market in AI. According to TechCrunch, the acquisition is intended to bolster SpaceX's AI division. SpaceX's valuation has risen sharply in recent days, surpassing $2.7 trillion and overtaking Amazon, representing an increase of approximately $1 trillion since shares began trading on Friday.

These developments reflect a busy moment across the AI industry, spanning enterprise SaaS milestones, early-stage infrastructure investment, and large-scale strategic consolidation at the hardware and tooling layer.