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AI & Enterprise

Clay raises $115 million for B2B sales and marketing AI, valuation more than doubles in a year

B2B sales and marketing AI startup Clay has raised $115 million and will be valued at $7.1 billion, the New York Times reported. The round was led by Wellington Management, with Sequoia Capital, a16z Perennial, DST Global and Alphabet’s CapitalG also participating. Clay has focused on autonomous AI agents over the past year. CEO Karim Amin said annualised revenue this quarter will reach about $200 million.

AI & Enterprise

Meta nears launch of consumer AI agent Hatch

Meta Platforms plans to launch within weeks a consumer version of its conversational AI agent, OpenClaw, which it internally calls Hatch, The Information reported, citing internal documents. The company is also preparing a new AI model, Watermelon, targeting an October release, the report said. Hatch is trained to access websites including DoorDash, Etsy, Reddit, Yelp and Outlook. Meta is considering tiered pricing, with a premium monthly subscription up to $199.99.

Games & Commerce

U.S. food delivery demand holds up despite cautious consumers

U.S. consumers are becoming more cautious with spending, but they are still paying for food and grocery delivery, an analysis showed. DoorDash, Uber Eats and Instacart reported strong second-quarter results, signaling resilient demand. The trend contrasts with signs of a broader slowdown, including a July drop in retail sales and slower growth at Walmart’s U.S. stores. Consumers cited time savings as the main reason for paying delivery fees, though some said they have cut back.