Commitment

Nooks • Commitment

AI sales automation startup Nooks has secured a $500 million commitment from General Catalyst's Customer Value Fund to finance its sales and marketing push. The fund will take a share of the returns its capital helps generate.

META

Meta is among the big tech companies whose AI spending commitments have raised investor skepticism, with the five largest data center players committing over $3 trillion in spending. The company also faces a UK CMA probe into whether it imposed exploitative terms on publishers and advertisers for AI development.