Data, AI, & Machine Learning
Emergent Raises $70 Million for AI Coding Platform
The round, led by SoftBank and Khosla Ventures, values the startup at about $300 million as demand rises in the US, Europe and India.
The round, led by SoftBank and Khosla Ventures, values the startup at about $300 million as demand rises in the US, Europe and India.
The $2 million grant targets AI literacy for independent creators navigating rapid technological change.
The move embeds OpenAI models, including GPT-5.2, into the operational systems large companies use to run day-to-day work.
The fund raised its 2026 global growth forecast while cautioning that unmet AI productivity expectations could trigger market setbacks.
Latest earnings disclosures point to sharply different approaches to monetizing artificial intelligence, with some firms reporting AI revenue explicitly and others folding it into core services.