DX Today AI Daily Brief - Thursday, May 14, 2026

DX Today AI Daily Brief - Thursday, May 14, 2026Cisco posts a record quarter powered by 5.3 billion dollars in AI infrastructure orders, even as it prepares to cut nearly 4,000 jobs. OpenAI launches the OpenAI Deployment Company with 4 billion dollars in initial funding from TPG, Advent, Bain Capital and Brookfield, and acquires UK consultancy Tomoro. Anduril hauls in a 5 billion dollar Series H at a 61 billion dollar valuation. UK chip startup Fractile raises 220 million dollars for AI inference silicon. Alibaba pledges to exceed its 380 billion yuan three-year AI investment plan as profits drop 84 percent. SoftBank's Vision Fund books a 46 billion dollar gain driven almost entirely by its OpenAI stake. Cerebras prices its IPO at 185 dollars to raise 5.55 billion dollars at a 56.4 billion dollar valuation. YouTube unveils Custom Sponsorships and Buy with Google Pay for connected TV at Brandcast. Palo Alto Networks warns AI-driven cyberattacks become the new norm in 3 to 5 months. Tencent posts Q1 results highlighting its Hy3 model and WorkBuddy productivity agent. Anthropic is in talks to raise 30 billion dollars at a 900 billion dollar valuation. And BranchLab raises 26 million dollars to bring privacy-first AI to pharma commercialization.DX Today - Your daily AI news briefing, delivered every morning.Send us fan mail#AINews #ArtificialIntelligence #AIFunding #AIChips #DXToday