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Arvind Jain, CEO of Glean, on SaaS Monster stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal, on Nov. 2, 2022.

Harry Murphy | Sportsfile | Getty Images

Generative AI enterprise search startup Glean announced on Tuesday that it raised $150 million in a Series F financing, pushing up its valuation from investors by billions of dollars in less than a year, to $7.2 billion. 

The company’s last fundraising in September 2024 valued Glean at $4.6 billion.

On Tuesday, Glean was also named to the CNBC Disruptor 50 list for the second-consecutive year.

Glean reported that its annual recurring revenue surpassed $100 million in its last fiscal year, ending Jan. 31, 2025 — less than three years after it was launched by a founding team that includes veterans from Google, Meta, and Dropbox.

“We’re building the platform that brings AI into the fabric of everyday work, connecting people to knowledge, automating tasks, and enabling smarter decisions across the enterprise,” said Arvind Jain, Glean co-founder and CEO, in a release announcing the deal.

In early 2025, Glean launched its agentic AI, Glean Agents, which the company says are on pace to support one billion agent actions by year-end.

More coverage of the 2025 CNBC Disruptor 50

The company’s core product is an AI-powered enterprise search platform that integrates with a wide array of workplace apps — Google Workspace, Microsoft 365, Slack, and Salesforce. Glean uses natural language understanding and machine learning to create a personalized knowledge graph for each user, improving enterprise search results and the ability to generate content, while automating individual workflows and corporate processes. While initially focused on tech industry customers, Glean has expanded to finance, retail and manufacturing.

Jain told Deirdre Bosa, anchor of CNBC’s “TechCheck,” that the capital will allow Glean to double the size of teams in R&D and sales as it pushes further into the large enterprise market, overseas markets, and into more partnerships similar to recent ones with companies including fellow Disruptor Databricks, Snowflake and Palo Alto Networks.

Jain said for many large enterprises across sectors of the economy, the gen AI boom is as much about concern as it is about excitement. “Large enterprises are more worried about this. They don’t want to be left behind,” he told CNBC. “The most important thing that I hear from businesses is they are trying to make sure that their workforce becomes AI-first,” he added.

Wellington Management led the fundraising, with existing investors Capital One Ventures, Altimeter, Citi, Coatue, DST Global, General Catalyst, ICONIQ Growth, IVP, Kleiner Parkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures and Sequoia Capital, all participating in the deal. New investors included Khosla Ventures, Bicycle Capital, Geodesic and Archerman Capital.

While consumer-facing gen AI is growing the fastest — OpenAI says it is adding millions of users an hour, and on Monday reported annual recurring revenue above $10 billion — Jain said the enterprise market has to be thought of in distinct terms. “You have to remember that models like ChatGPT, they don’t know anything about your internal company’s data,” he said. “We’re able to actually use that context and combine it with the power of models to solve real business problems for you.”

OpenAI does have its own enterprise business, which recently passed the three-million user mark.

While Glean has seen exponential growth in recent years, it will continue to face challenges in a competitive market including Microsoft 365 Copilot, Amazon Q Business and ChatGPT Enterprise, along with offerings from fellow Disruptors Perplexity and Writer. Jain said in some cases its technology is not in competition with, but complementing the large language models being developed for the enterprise, such as fellow Disruptor Anthropic‘s Claude.

But the competition is intensifying from all sides and overlapping. “Google, Microsoft, OpenAI, they all want to actually come into this space that we started,” Jain said. “We have a lead. We have deep enterprise technology that we built over these years. … We have to keep innovating. And the good thing for Glean is that we’re not building a product that’s going to get commoditized,” he said.

Currently based in Palo Alto, the company will soon be opening a new office in San Francisco to support its growth.

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OpenAI is going big in India — here’s everything the ChatGPT developer is up to

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OpenAI is going big in India — here's everything the ChatGPT developer is up to

Open AI CEO Sam Altman speaks at the annual Snowflake Summit in San Francisco, California on June 02, 2025.

Justin Sullivan | Getty Images News | Getty Images

OpenAI is rapidly expanding its presence in India — one of the key markets for its flagship ChatGPT product.

India is an appealing destination for U.S. tech giants, with companies ranging from Google to Meta betting on its huge — and young — population over recent years.

OpenAI CEO Sam Altman visited the country in February this year and met with the country’s IT Minister Ashwini Vaishnaw to discuss collaboration. During the visit, Altman said India was OpenAI’s second-largest market by number of users.

He has subsequently said that AI adoption in India is “amazing to watch.”

“We love to see the explosion of creativity–india is outpacing the world,” he said on X earlier this year.

India is one of ChatGPT’s fastest-growing markets globally, Nick Patience, practice lead for AI at tech research and analysis firm Futurum Group, told CNBC. “OpenAI’s India focus is a strategic move to gain a competitive edge,” he added.

Here’s a rundown of how OpenAI is expanding in India.

ChatGPT explosion

ChatGPT, OpenAI’s core product, has seen strong growth in India. The app was downloaded 10.2 million times in India in August, a huge jump from the 2.5 million downloads seen during the same month last year, according to analytics firm Appfigures.

Since its launch, ChatGPT has 111 million downloads in India, ahead of its 80 million downloads in the U.S, Appfigures data shows.

Downloads do not necessarily equal daily or monthly users, but the figures emphasise OpenAI’s growth trajectory in the country.

The download numbers are also far ahead of rivals, including Google’s Gemini and Anthropic’s Claude. The closest challenger was Perplexity, Appfigures said, which had 6.4 million downloads in August.

India-specific product

ChatGPT Go launches in India: OpenAI must forge local partnerships to increase adoption

“It’s a classic wedge strategy to capture a price-sensitive market and build a user base that will be difficult for local players to dislodge later,” Futurum Group’s Patience said of the strategy.

Infrastructure and hiring

According to Bloomberg, OpenAI is scouting a location in India for a data center with at least 1-gigawatt capacity. The facility will be part of OpenAI’s Stargate-branded infrastructure push, Bloomberg said this week, although CNBC was unable to verify the report.

The ChatGPT developer said last month that it would open a local office in the market and is currently advertising three sales roles in India.

It also announced last month an education program in India that will include funding for research and provide half a million ChatGPT licenses for educators and students across the country.

India challenges

While India doesn’t have a home-grown artificial intelligence company as big as OpenAI, there are some challengers in the form of domestic startups, including Sarvam AI and Krutrim, and other American tech giants like Google and Meta.

Continued geopolitical tensions between the U.S. and India over trade, however, have the potential to cause complications if there’s any backlash from New Delhi against American tech firms.

OpenAI is also locked in a legal battle with Asian News International in India, which has accused the ChatGPT developer of using copyrighted material illegally. It’s a closely-watched case in the country for how copyright laws apply in the AI era.

“OpenAI’s success in India is not guaranteed and depends heavily on its ability to navigate these legal and political hurdles,” Futurum Group’s Patience said.

“While the Indian market is vast, its diversity in languages and user needs presents challenges. OpenAI’s ability to deliver a truly localized product and its long-term impact on India’s AI talent remain uncertain.”

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Waymo to begin testing at San Jose airport this fall

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Waymo to begin testing at San Jose airport this fall

Waymo partners with Uber to bring robotaxi service to Atlanta and Austin.

Uber Technologies Inc.

Alphabet’s Waymo unit will begin test-driving robotaxis at its first California-based airport, the company said Thursday.

The autonomous car unit has been cleared to begin testing driverless rides at the San José Mineta International Airport in San Jose, California, this fall. Waymo said it plans to offer paid rides at the airport later this year.

“With San José at the epicenter of the biggest sporting events of 2026, Waymo is an ideal mode of transportation that will help visitors move around the area smoothly and safely,” San José Mayor Matt Mahan said in a release.

The vehicles will pick up passengers at the Ground Transportation Centers in Terminal A or B and roll out to locations in Waymo’s San Francisco Bay Area service area, according to the release.

Read more CNBC tech news

Once fully operational, it will be the second international airport where the company has service.

In 2023, Waymo launched at Phoenix Sky Harbor International Airport, which has become the most popular Waymo destination in its Phoenix metropolitan service area, a Waymo spokesperson said Thursday.

Waymo has continued to expand its driverless, ride-hailing service across the U.S. after already launching commercial operations in Austin, Texas, as well as Atlanta, San Francisco, Phoenix and Los Angeles.

In March, Waymo expanded its service to include an additional 27 square miles of coverage around the San Francisco Bay Area, including Mountain View, Palo Alto and San Jose.

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Ex-Salesforce co-CEO Bret Taylor’s Sierra is the latest $10 billion AI startup

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Ex-Salesforce co-CEO Bret Taylor's Sierra is the latest  billion AI startup

Bret Taylor, chairman of the board of directors of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025.

David A. Grogan | CNBC

Bret Taylor’s artificial intelligence startup Sierra has just joined an exclusive club: The company sports a new $10 billion valuation after raising $350 million in fresh capital.

Sierra is one of just a handful of AI startups, including OpenAI, Anthropic, xAI, Safe Superintelligence and Thinking Machines that are valued at or above $10 billion.

Investors are pouring money into this competitive group of companies in the hopes that they’ll eventually hit the public markets.

Taylor is the chairman of OpenAI’s board, and previously served as co-CEO of Salesforce alongside Marc Benioff. Taylor co-founded Sierra in 2023. The company builds and implements AI agents for customer service. AI agents can carry out tasks autonomously on behalf of their users.

Shares of Salesforce fell 5% Thursday after the company reported weak guidance and concerns lingered about how AI is affecting software companies.

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Sierra said its agents are already being used by “hundreds of millions of people” to help with tasks like refinancing homes, ordering lunch, delivering furniture, understanding insurance deductibles and fixing technology, among other things.

Greenoaks led Sierra’s latest funding round, the company said. Its valuation more than doubled from its most recent raise in October.

“We’re in this for the long term,” Sierra said in a blog post on Thursday.

The company said it will use its fresh funding to invest in its platform and focus on domestic and international expansion.

Sierra’s funding follows a flurry of other major AI raises in Silicon Valley. Earlier this week, Anthropic announced it had closed a $13 billion funding round at a $183 billion post-money valuation.

WATCH: Sierra co-founder Bret Taylor on AI agents’ role in an evolving global landscape

Sierra co-founder Bret Taylor on AI agents' role in an evolving global landscape

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