Salesforce acquires Listen Labs for $2 billion and OpenAI hits $70 billion run rate, Harry Stebbings notes

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08.10.2026

Salesforce acquires Listen Labs for $2 billion and OpenAI hits $70 billion run rate, Harry Stebbings notes — Salesforce buys Listen Labs, OpenAI surges

Harry Stebbings recaps a highly active week in the technology sector, highlighting major corporate moves and industry developments.

He points to the ongoing competition between Factory and Cognition, significant social media activity from investor Vinod Khosla, OpenAI reaching a $70 billion run rate, and Salesforce completing the acquisition of Listen Labs for $2 billion. Stebbings also references discussions with industry figures, capturing the heightened momentum currently seen in tech.

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In earlier coverage, Stebbings reported that Higgsfield reached $1 billion in annual recurring revenue in just 18 months, spending $4 million per month on models, as detailed in one of his recent articles. He also highlighted Higgsfield’s $1 billion ARR milestone as 20VC prepared for a new episode last Monday. These updates contributed to ongoing discussions about rapid growth in the AI sector.

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