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17 Jul 2025

Perplexity CEO Warns AI Startups: Big Tech Will "Copy Anything That's Good"

Aravind Srinivas, CEO of Perplexity, cautions AI startup founders about the inevitability of big tech companies copying successful innovations, highlighting the competitive landscape in the AI industry.

2 Sources

Anthropic's Valuation Soars: Potential $100 Billion Investment Round Amid AI Boom

Anthropic, a leading AI startup, is drawing investor interest at a potential valuation exceeding $100 billion. The company's chatbot, Claude, is seeing surging revenues, while Anthropic introduces industry-specific AI solutions.

2 Sources

Scale AI Cuts 14% of Workforce Amid Industry Shifts Following Meta's $14.3 Billion Investment

Scale AI, a data labeling startup, lays off 200 employees and cuts ties with 500 global contractors following Meta's $14.3 billion investment and the departure of its CEO to Meta's superintelligence lab.

11 Sources

Deep Algorithm Solutions Secures ₹10.8 Crore in Seed Funding to Boost AI-Powered Cybersecurity

Deep Algorithm Solutions, an AI-driven cybersecurity startup, has raised ₹10.8 crore in seed funding led by Unicorn India Ventures. The company plans to enhance its AI capabilities and expand its market presence in India and Southeast Asia.

2 Sources

16 Jul 2025

Chinese AI Startup MiniMax Files for Hong Kong IPO, Targeting $4 Billion Valuation

MiniMax, a prominent Chinese AI company, has confidentially filed for an IPO in Hong Kong, aiming for a valuation exceeding $4 billion. The company plans to raise up to $637 million in the offering, which could occur before the end of 2023.

3 Sources

Drone Startup XTEND Secures $30M in Additional Funding to Boost AI-Powered Robotics Production

XTEND, a drone technology startup, has raised an additional $30 million in funding to expand its production of AI-powered drones and robots for defense and public safety applications.

2 Sources

Thinking Machines Lab Raises Record $2 Billion in Seed Funding, Valued at $12 Billion

Mira Murati's AI startup Thinking Machines Lab secures a historic $2 billion seed round, reaching a $12 billion valuation. The company plans to unveil its first product soon, focusing on collaborative general intelligence.

15 Sources

Liquid AI Launches LEAP: A New Platform for On-Device AI Development

Liquid AI introduces LEAP, a software development kit for integrating small language models into mobile applications, along with Apollo, an iOS app for testing these models locally. This marks a significant step towards privacy-preserving, efficient AI on consumer hardware.

2 Sources

Heron Secures $16M to Revolutionize Document-Heavy Work with AI Automation

Heron, an AI-powered business automation startup, raises $16 million in Series A funding to streamline document-heavy processes in financial services, with plans to expand into other industries.

3 Sources

15 Jul 2025

Anthropic Launches Financial Analysis Solution and Analytics Dashboard for Claude Code

Anthropic introduces a new Financial Analysis Solution powered by Claude AI, targeting financial professionals. The company also rolls out an analytics dashboard for Claude Code to help enterprises track AI tool usage and ROI.

13 Sources

Moonvalley Secures $84 Million in Funding to Advance AI Video Technology

Moonvalley, an AI research company, has raised $84 million in a funding round led by General Catalyst, bringing its total funding to $154 million. The investment aims to bolster its AI video tools and meet growing enterprise demand.

4 Sources

Nebius Group Emerges as Key Player in AI Cloud Infrastructure Market

Nebius Group, a neocloud provider specializing in AI infrastructure, gains significant attention from investors and analysts due to its strong market position and growth potential in the rapidly expanding AI cloud sector.

7 Sources

NetBox Labs Secures $35M Funding to Boost AI Data Center Infrastructure Management

NetBox Labs, the steward of the open-source NetBox project, has raised $35 million in Series B funding to enhance its network infrastructure management platform, crucial for AI-driven data centers.

2 Sources

14 Jul 2025

AI Startup Murphy Raises $15M to Revolutionize Debt Collection with AI Voice Agents

Murphy, an AI startup, has secured $15 million in funding to transform the debt servicing industry using AI voice agents, omnichannel outreach, and behavioral personalization.

2 Sources

Elon Musk Proposes Tesla Investment in xAI, Raising Concerns and Controversy

Elon Musk announces plans for Tesla shareholders to vote on investing in his AI company xAI, sparking debates about conflicts of interest and the future of Tesla amid declining sales and controversial AI developments.

19 Sources

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