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AI

OpenAI acquires AI agent orchestration startup Ona

By Maria Deutscher Jun 11, 2026

OpenAI Group PBC today announced plans to acquire Ona, a startup with a platform for managing long-running artificial intelligence agents. The terms of the deal were not disclosed. Developers often run the AI agents…

Emerging Tech

After raising record $75B in IPO, Elon Musk’s SpaceX pops 20% in trading debut

By Mike Wheatley Jun 11, 2026

Updated with Friday’s trading: Shares of Elon Musk’s Space Exploration Technologies Corp. jumped 19% over their $135 asking price Friday morning after one of the most hotly anticipated initial public stock offerings in living memory.…

AI

Datadog sees tagging and model governance as the foundation of AI cost management

By Thomas Godwin Jun 11, 2026

AI cost management is bringing a new taxonomy to FinOps practitioners, but the core discipline — understanding what you’re using, why, and what it costs — remains the same. That constancy is reassuring and…

AI

FinOps AI governance demands new KPIs as token economics reshape enterprise cost models

By Ryan Stevens Jun 11, 2026

FinOps AI governance is being stress-tested as AI spending accelerates across enterprises. The familiar levers of cost optimization — tagging, rightsizing and reserved capacity — are proving insufficient against a cost model governed by…

AI

Upriver raises $14M to automate enterprise data engineering for AI

By Duncan Riley Jun 11, 2026

Israeli data engineering startup Upriver Data Ltd. today announced it has raised $14 million in new funding to automate the data work that enterprises depend on to make artificial intelligence projects succeed. Founded in…

Infra

Helix launches with $10B+ in funding to build AI infrastructure

By Maria Deutscher Jun 11, 2026

An investor consortium today launched a venture called Helix Digital Infrastructure Inc. to build artificial intelligence data centers for hyperscaler cloud providers. The company’s backers include KKR, the Kuwait Investment Authority, Nvidia Corp. and…

Emerging Tech

Endurance Energy raises $54M to tap geothermal power from undersea volcanoes

By Duncan Riley Jun 11, 2026

Endurance Energy Inc., a Seattle startup building generators that tap heat from undersea volcanoes, revealed today that it has raised $54 million in new funding to advance its plans for offshore power plants as…

AI

Three insights you may have missed from theCUBE’s coverage of Snowflake Summit

By Victoria Gayton Jun 11, 2026

If the first wave of enterprise artificial intelligence was about compute and foundation models, the next is shaping up to be about the software and data infrastructure needed to make those models useful in…

AI

Jeff Bezos’ Prometheus raises $12B to accelerate industrial engineering projects

By Maria Deutscher Jun 11, 2026

Prometheus Inc., an artificial intelligence startup co-led by Amazon.com Inc. founder Jeff Bezos, has raised $12 billion in funding. Axios reported today that the Series B round values the company at $41 billion. The…

Infra

QumulusAI and the shift from GPU scarcity to GPU efficiency

By Zeus Kerravala Jun 11, 2026

Neocloud provider QumulusAI announced today that it has secured more than $124 million in customer subscriptions for three-year terms with Hyperbolic and another leading artificial intelligence inference platform. These agreements cover deployments totaling 1,280…

all stories

OpenAI acquires AI agent orchestration startup Ona

Upriver raises $14M to automate enterprise data engineering for AI

Helix launches with $10B+ in funding to build AI infrastructure

Endurance Energy raises $54M to tap geothermal power from undersea volcanoes

Three insights you may have missed from theCUBE’s coverage of Snowflake Summit

Jeff Bezos’ Prometheus raises $12B to accelerate industrial engineering projects

QumulusAI and the shift from GPU scarcity to GPU efficiency

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