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Funding & Startups
Funding rounds, new ventures, and emerging AI companies
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SpaceX Shares Fall 4% After Starship Launch Abort
SpaceX shares fell approximately 4% on Friday morning after the company aborted a planned Starship test launch in Texas…
Uber to Acquire Delivery Hero for $14.8 Billion
Uber has agreed to acquire Germany's Delivery Hero for $14.8 billion, though the actual cash outlay will be lower since…
DeepMind Researcher Raises $300M Pre-Seed on Visual AI Vision
Andrew Dai, a former DeepMind researcher who contributed to foundational AI research that influenced ChatGPT's…
Ode Bets Embedded Engineers Can Replace Enterprise Consulting
Ode, a joint venture founded by Anthropic with backing from Blackstone, Hellman & Friedman, Goldman Sachs and others,…

Stripe and Advent Bid $53B for PayPal, Opening Door to Bidding War
Stripe and private equity firm Advent have jointly offered $53 billion to acquire PayPal, a move that puts the…
Indian AI Coding Startup Emergent Reaches Unicorn Status in 12 Months
Indian AI coding startup Emergent has achieved unicorn status with a $130 million Series C funding round, just over a…
Hinge Founder Raises $18M for AI Voice Dating App Overtone
Justin McLeod, founder of dating app Hinge, has raised $18 million to launch Overtone, a new AI-powered dating service…

AWS GPU Shortage Pushes AI Startups to Cloud Rivals
Arcee, an open-source AI developer that committed to spending $8 million over three years with AWS, has been unable to…
OpenAI Researcher Launches $2B AI Drug Discovery Startup
OpenAI researcher Miles Wang is in talks to launch an AI drug discovery startup that has attracted funding discussions…
Reflection AI secures $1B compute deal with Nebius
Reflection AI, a startup founded in 2024 that develops open source AI technology, has secured a $1 billion compute deal…
Nous Research raises $75M at $1.5B valuation for Hermes agents
Nous Research, maker of the Hermes agent framework, is raising at least $75 million in new funding at a $1.5 billion…
Anthropic Launches Rupee Pricing for India Market
Anthropic has begun offering Claude subscription plans denominated in Indian rupees, marking the company's first…
AI Agent Startup Lets Its Own Product Run $100M Fundraise
Lyzr, an enterprise AI agent startup, used its own AI agent to lead a $100 million fundraising round. The company…

Cursor Builds AI Agent to Challenge Claude Cowork
Cursor is building a general-purpose AI agent to compete with Anthropic's Claude Cowork, marking an expansion beyond…

Startup Shrinks 27B-Parameter Model to iPhone
PrismML, a Khosla Ventures-backed startup, claims to have compressed Alibaba's Qwen 3.6 large language model, which…
Ollama raises $65M as local AI tool hits 9M users
Ollama, an open source tool that enables developers to run AI models locally on personal computers, has raised $65…
Prime Intellect lands $130M to help enterprises build their own AI agents
Prime Intellect, founded in 2024, has raised $130 million in Series A funding to enable enterprises to build and train…
Robotics Startup Bets on Video Game Data for AI Foundation Models
General Intuition is developing foundation models for robotics by training on millions of hours of video game data…

