L Catterton has made a strategic investment in Glance, an AI-powered personal shopping platform backed by InMobi. Glance uses agentic AI to recommend products across smartphones and connected TVs, reaching over 60 million devices in the U.S. through partnerships with Samsung, Android TV, and DirecTV. The company reports 10 million monthly active users completing roughly 120 shopping prompts per month, and the investment aims to push Glance further into the American market.
In the AI data space, Snorkel AI has seen annualized revenue soar 18-fold to $375 million after pivoting to supply training data for AI models. Major firms like OpenAI and Anthropic are now purchasing external data as publicly available web text becomes scarce. Even after Spirit Airlines went bankrupt, Google, Mercor, and Micro1 each bid millions for its data. Micro1 plans to spend $1 billion on corporate data licensing over the coming year.
Anthropic is preparing for an IPO with an expected valuation of $10 billion or more. CEO Dario Amodei warns that advanced AI poses an existential risk to humanity, while the company emphasizes its commitment to safety-focused development. The filing marks a significant milestone amid ongoing debate over how to regulate powerful AI systems.
Britain announced a 600 million pound initiative to deploy AI in national defense. AI-powered agents will monitor critical infrastructure such as power plants and water treatment facilities, detecting and responding to threats in real time. The funding also supports new AI tools for military and law enforcement to address AI-facilitated crime.
Marvell Technology is advancing AI chip manufacturing by adopting the latest process nodes and skipping older nanometer generations. The company developed optically interconnected high-bandwidth memory supporting up to eight stacks of DDR5, targeting lower power consumption in data center architectures. Marvell is well positioned in the fast-growing networking and custom chip segments driven by heavy infrastructure spending.
South Korean AI chipmakers Puriosa AI, Revelion, and DeepX are expanding exports, with Puriosa partnering with Broadcom on semiconductor supply. The companies are working to prove their technology and business viability as they seek a larger share of the global AI chip market. Meanwhile, Ridge Security earned recognition as the only vendor listed across four categories in three Gartner cybersecurity reports, covering areas like agentic red teaming and automated penetration testing.
Key Takeaways
- <ul><li>L Catterton invested in Glance, an AI shopping platform reaching 60 million U.S. devices via Samsung and DirecTV partnerships</li><li>Snorkel AI's revenue grew 18-fold to $375 million as OpenAI and Anthropic buy external training data</li><li>Micro1 plans to spend $1 billion on corporate data licensing over the next year</li><li>Anthropic prepares for IPO at expected valuation of $10 billion or more amid AI safety concerns</li><li>Britain commits 600 million pounds to AI defense systems for critical infrastructure protection</li><li>Marvell skips nanometer generations to adopt cutting-edge chip process nodes for AI data centers</li><li>South Korean AI chipmakers Puriosa AI, Revelion, and DeepX expand exports despite feasibility challenges</li><li>Ridge Security is the only vendor listed across four categories in three Gartner cybersecurity reports</li><li>DSY's net loss reached $3.66 million while AI sales contributed 18.3 percent of revenue</li><li>ArcSoft's automotive AI revenue grew 18.23 percent despite a 32.78 percent drop in net income</li></ul>
L Catterton invests in AI shopping platform Glance
L Catterton made a strategic investment in Glance, an AI shopping platform based in Bengaluru and backed by InMobi. Glance uses agentic AI to recommend products to consumers on smartphones and connected TVs. The investment aims to help Glance expand, especially in the U.S. market.
L Catterton invests in AI shopping platform Glance
L Catterton agreed to a strategic investment in Glance, an AI-powered shopping platform backed by InMobi. The company uses agentic AI to suggest products to users on smartphones and connected TVs. This move highlights growing interest in AI tools that help consumers discover and buy products.
L Catterton announces strategic investment in Glance
L Catterton announced a strategic investment in Glance on October 26, 2026. Glance is an AI-powered personal shopping platform backed by InMobi that works across smartphones, connected TVs, and other digital spaces. The partnership aims to make shopping more personal and intuitive using agentic AI. Glance already reaches millions of devices through deals with Samsung and DIRECTV in the U.S.
L Catterton backs Glance to transform personal shopping
L Catterton made a strategic investment in Glance, an AI shopping agent run by InMobi. Glance acts like a personal shopper, learning user preferences and finding deals, try-ons, and product matches across devices. The service is available on over 60 million devices in the U.S. through partnerships with Samsung, Android TV, and DirecTV. Glance reports 10 million monthly active users who complete about 120 shopping prompts per month.
ArcSoft sees higher revenue but lower earnings from auto AI growth
ArcSoft reported a 3.81 percent rise in 9M revenue but a 32.78 percent drop in net income due to higher hiring and R&D costs. Automotive AI revenue grew 18.23 percent during the period. The company is also buying back shares while dealing with pending litigation appeals.
DSY revenue drops sharply but AI sales show early growth potential
DSY saw FY26 revenue fall 49.3 percent year over year to $644,792. The company's net loss narrowed to $3.66 million, partly due to FY25's $34.23 million non-cash share-based compensation. AI contributed 18.3 percent of revenue but remains in early stages. Customer concentration and cash outflows remain key risks for the company.
Marvell advances AI chip technology for data centers
Marvell Technology has made bold moves in semiconductor manufacturing by skipping nanometer generations to adopt the latest process nodes. The company developed optically interconnected high-bandwidth memory supporting up to eight stacks of Double Data Rate 5. Marvell's focus on optical solutions and SerDes technology aims to reduce power consumption in AI data center architectures. The company is positioned in the fastest growing segments of networking and custom chip markets driven by massive infrastructure spending.
LLM agents struggle to use trust to improve negotiations
Researchers studied how large language model agents form trust during repeated multi-party negotiations. The study found a trust-agreement gap where agents can identify adversaries quickly but trust estimates do not always lead to better deals. Trust increased agreement rates by up to 23 percentage points only when agents were explicitly guided to use it. The results show that trust must be carefully incorporated into agent reasoning to improve negotiation outcomes.
Britain invests 600 million pounds in AI defense systems
The UK government announced a 600 million pound initiative to use AI for national defense. AI-powered agents will protect critical infrastructure like power plants and water treatment facilities. The tools will detect and respond to threats in real time. The spending also covers new AI tools for military and law enforcement to combat AI-facilitated crime. The government is working with industry partners to roll out these tools across the country.
South Korean AI chipmakers expand exports but face feasibility tests
Three South Korean AI semiconductor companies including Puriosa AI, Revelion, and DeepX are expanding chip exports. Puriosa AI supplies semiconductors in partnership with Broadcom. The companies are accelerating efforts to prove their technology and business viability. They are working to grow their presence in the global AI chip market while addressing feasibility challenges.
Anthropic files for IPO amid AI safety concerns
Anthropic is preparing for its stock market debut with a valuation expected to reach $10 billion or more. CEO Dario Amodei warns that advanced AI poses an existential risk to humanity. The company states it is committed to developing AI that prioritizes human safety. The IPO filing marks a major milestone and raises questions about regulation of AI development.
PepsiCo uses AI and regenerative agriculture to help farmers
PepsiCo is combining AI and regenerative agriculture to help farmers improve soil health and use resources efficiently. The initiative includes a fourth-generation potato farm in Alberta, Canada. The company is using drones to monitor crop health and aims to reduce waste by 50 percent. This effort is part of PepsiCo's broader commitment to sustainability and reducing its carbon footprint.
Snorkel AI revenue soars 18-fold as AI data market booms
Snorkel AI grew its annualized revenue 18-fold to $375 million in one year after pivoting to supply data for AI training. Major companies like OpenAI and Anthropic are buying external data as publicly available web text runs out. After Spirit Airlines went bankrupt, Google, Mercor and Micro1 each bid millions to buy its emails and chat data. Micro1 plans to spend $1 billion to expand corporate data licensing over the next year.
Ridge Security listed across four categories in Gartner reports
Ridge Security is the only vendor listed across four categories in three Gartner cybersecurity reports. The categories include adversarial exposure validation, agentic red teaming, unified exposure management and agentic AI for security. Ridge Security offers products like RidgeBot, RidgeGen and RidgeOne for automated penetration testing and security validation. The recognition reflects a shift toward continuous and automated cybersecurity testing.
Sources
- L Catterton agrees strategic investment in AI shopping platform Glance
- L Catterton agrees strategic investment in AI shopping platform Glance
- L Catterton Announces Strategic Investment in Glance
- L Catterton Backs Glance in Race to Revolutionize Personal Shopping
- ArcSoft: Revenue edged higher, but rising investment drove lower earnings as automotive AI expanded
- DSY: Revenue contracted sharply; early AI sales offer a nascent growth path amid liquidity and concentration risks
- AI architectures advance as Marvell powers data centers
- Knowing Whom to Trust is not Enough: The Trust--Agreement Gap in Repeated Multi-Party LLM Negotiation
- Britain bets big on AI to defend against the threats AI is helping create
- While three South Korean artificial intelligence (AI) semiconductors, including Puriosa AI, Revelion..
- Anthropic set to make stock market debut as questions swirl about safety of AI
- PepsiCo Uses AI and Regenerative Agriculture to Strengthen Farming Resilience
- AI Training Data Market Booms: Snorkel AI Revenue Surges 18-Fold in One Year
- Ridge Security Is the Only Vendor Listed Across Four Categories in Three Gartner Cybersecurity Reports
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