Moonshot AI Tops $1B ARR as Nvidia CEO Jensen Huang Predicts 70% Growth
Moonshot AI told investors it surpassed $1 billion in annualized recurring revenue in August, up from $300 million in June, driven by the breakout success of its Kimi K3 release, according to Bloomberg. The Chinese AI startup now aims to hit $2 billion ARR by the end of 2026, marking one of the fastest revenue ramps in the generative AI sector.
Nvidia CEO Jensen Huang explained why the chipmaker expects to grow an astounding 70% next year, insisting that its widespread deals across the AI ecosystem are not circular, per reports. Nvidia has its finger in every pie from data centers to autonomous vehicles, and Huang sees another year of plenty ahead as demand for GPUs shows no sign of slowing.
Panic is building over bankrupt Spirit Airlines' looming data sale to Google, with critics warning that bankruptcy cannot become the new land grab for AI training data, according to reports. The sale raises fresh questions about whether consumer data from bankrupt companies can simply be transferred to tech giants without meaningful consent or regulatory scrutiny.
Slack unveiled Slackforce Surfaces, a new feature allowing users to vibe-code interactive charts, reports, polls, dashboards, and microsites directly inside chats, according to TechCrunch. Users describe what they need to Slackbot, which uses AI to gather information from relevant conversations and connected apps like Google Drive and Salesforce to build the requested tools.
Schools are catching on to Big Tech's playbook as AI companies pitch free curriculum and resources to educators, framing AI literacy as essential for students who don't want to fall behind, reports Wired. The strategy mirrors past tech industry efforts to embed products in classrooms, and some administrators are beginning to question whether these pro bono offerings serve students or the platforms' long-term market share.
Mark Wahlberg is joining TechCrunch Disrupt 2026 alongside Bruce K. Lee to discuss investing, entrepreneurship, healthcare, wellness, and building businesses, per TechCrunch. The actor-turned-entrepreneur plans to focus on his portfolio companies and the intersection of technology and healthcare rather than his entertainment career.
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