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19 Jun 2025
Meta's CEO Mark Zuckerberg is on an aggressive hiring spree, attempting to acquire top AI talent and startups to bolster the company's superintelligence efforts. This includes recent high-profile hires and investments in the AI sector.
20 Sources
Israeli developer Maor Shlomo sells his six-month-old AI startup Base44 to Wix for $80 million, showcasing the potential of AI-driven solo entrepreneurship and the growing interest in vibe coding platforms.
5 Sources
Health tech startup Tennr secures $101 million in Series C funding, reaching a $605 million valuation. The company aims to streamline patient referrals using AI-powered document analysis.
2 Sources
Traversal, an AI-powered site reliability and observability startup, launches with $48 million in funding to tackle complex software failures and downtime issues in the age of AI-generated code.
18 Jun 2025
Cluely, an AI startup known for its controversial 'cheat at everything' tool, attempted to host a massive afterparty following Y Combinator's AI Startup School event. The party, which drew thousands, was shut down by police before it could begin, creating a buzz in the tech community.
3 Sources
Payabli, a California-based payment solutions provider, has raised $28 million in Series B funding to enhance its AI capabilities and expand its product offerings, including an AI-powered support agent and advanced risk detection models.
Anysphere introduces a premium $200/month Ultra subscription for its Cursor AI coding tool, offering 20x more usage of advanced AI models and sparking discussions about the future of AI-powered development tools.
OpenAI CEO Sam Altman reveals Meta's aggressive recruitment tactics, offering $100 million signing bonuses to poach AI talent. Despite the lucrative offers, Altman claims no top researchers have left OpenAI for Meta.
43 Sources
Nabla, a clinical AI startup, has raised $70 million in Series C funding to enhance its AI copilot for healthcare professionals and develop more advanced AI agents for clinical workflows.
Canva, the $32 billion design startup, acquires MagicBrief to enter the analytics market and enhance its AI capabilities in marketing. The company reports a significant increase in paying users as it approaches a potential IPO.
Elon Musk's AI startup xAI is in talks to raise $4.3 billion in equity funding, on top of a $5 billion debt funding effort, as the company burns through approximately $1 billion per month in its quest to compete with industry leaders.
21 Sources
Karnataka government, Bengaluru Airport City Ltd (BACL), and ANSR unveil 'District I', a global innovation hub at Bengaluru Airport City, focusing on AI, quantum computing, and other advanced technologies to foster collaboration between startups, enterprises, and academia.
Sword Health, an AI-powered digital health startup, secures $40 million in funding at a $4 billion valuation. The company introduces 'Mind', an AI-driven mental health service, and delays IPO plans to focus on expanding its care verticals.
17 Jun 2025
Applied Intuition, a leading autonomous vehicle software company, has raised $600 million in a Series F funding round, doubling its valuation to $15 billion. The company aims to expand its AI-powered vehicle intelligence solutions across various sectors.
Coralogix, an Israeli startup, has raised $115 million in a Series E round, reaching unicorn status with a valuation over $1 billion. The company introduces its AI agent 'Olly' to simplify data monitoring and plans significant expansion in India.
6 Sources
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