Tags: investment firms

San Francisco‑based Isara, a nine‑month‑old AI startup focused on coordinating thousands of specialized agents for complex analytical tasks, has closed a $94 million financing round that values the company at $650 million. The round includes OpenAI alongside investors such as Amity Ventures, Michael Ovitz and Stanley Druckenmiller. Isara’s founders, former OpenAI safety researcher Eddie Zhang and Oxford computer‑science student Henry Gasztowtt, aim to shift AI from single‑model tools to coordinated agent teams. Their current demo uses about 2,000 agents to forecast gold prices, targeting investment firms with future plans for biotech and geopolitical analysis. Read more

Sources indicate that TikTok’s sale of its U.S. operations will not be completed for at least another month, as negotiations between the United States and China continue. The Treasury Secretary confirmed a framework agreement, while Oracle remains the app’s cloud partner. The deal, which could be finalized within the next 30 to 45 days, may involve a group of investment firms taking control, but details on size and public disclosure remain unclear. Read more