Palo Alto stories

Aug 21, 2026

Micro1 reaches $500M annual revenue run rate amid AI training data boom

Micro1, a two-year-old Palo Alto-based startup that recruits human specialists to generate training data for AI models, has reached a $500 million gross annual revenue run rate. The milestone reflects surging demand from major AI labs and corporations for high-quality human-labeled training data.

Aug 21, 20263 sources

Aug 6, 2026

Naïve raises $28.5 million to automate business creation and operations

Palo Alto-based Naïve raised $28.5 million in funding to build AI systems that automate the creation and day-to-day running of businesses.

Aug 6, 20262 sources