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AMD Acquires Neuralink Veterans' AI Startup MK1 to Enhance Instinct GPU Performance

AMD has acquired MK1, an AI software startup founded by Neuralink veterans, to accelerate inference and reasoning capabilities on its Instinct GPUs. The acquisition is part of AMD's broader strategy to compete with Nvidia in the AI infrastructure market.

2 Sources

6Sense Founder Amanda Kahlow Raises $30M for AI Sales Agent Startup 1Mind

Amanda Kahlow, former CEO of 6Sense, has raised $30 million for her new startup 1Mind, which creates AI-powered sales agents that handle inbound sales conversations and can close deals without human intervention.

2 Sources

Lovable Surges to Nearly 8 Million Users as AI Coding Platform Targets Non-Technical Market

Stockholm-based AI coding startup Lovable approaches 8 million users, up from 2.3 million in July, with 100,000 new products built daily. The company focuses on empowering non-technical users rather than developers, following a $200 million funding round at $1.8 billion valuation.

3 Sources

Yesterday

Cadence Acquires Seattle AI Startup ChipStack to Accelerate Chip Design Automation

Semiconductor software giant Cadence Design Systems has acquired ChipStack, a Seattle-based AI startup that developed automated chip verification tools. The acquisition brings ChipStack's 20-person team and AI-powered agents to strengthen Cadence's verification capabilities.

2 Sources

Former Google and Meta Executives Launch Majestic Labs with $100M to Revolutionize AI Server Architecture

Three former Google and Meta silicon executives have raised $100 million for Majestic Labs, a startup developing high-capacity AI servers with 1,000 times more memory than conventional enterprise servers. The company aims to reduce data center costs by replacing up to 10 server racks with a single unit.

3 Sources

Chronosphere Launches AI-Guided Troubleshooting to Transform Software Debugging

New York-based observability startup Chronosphere introduces AI-powered troubleshooting capabilities that combine artificial intelligence with a Temporal Knowledge Graph to help engineers diagnose production failures faster, addressing the growing complexity of AI-accelerated software development.

2 Sources

AI Presentation Startup Gamma Reaches $2.1B Valuation with Profitable $100M Revenue Run Rate

Gamma, an AI-powered presentation and content creation platform, secured $68 million in Series B funding at a $2.1 billion valuation, demonstrating exceptional efficiency with just 52 employees and profitable operations since 2023.

2 Sources

Scribe Raises $75M at $1.3B Valuation to Show Enterprises Where AI Automation Actually Pays Off

Workflow documentation startup Scribe secures Series C funding to launch Scribe Optimize, a platform that maps enterprise workflows to identify where AI and automation will generate real returns rather than becoming sunk costs.

4 Sources

Grab Invests $60M in Remote Driving Startup Vay with Potential $410M Total Investment

Singapore's Grab announces strategic investment in German remote driving startup Vay, with $60M initial funding and potential additional $350M based on milestones. The partnership aims to accelerate Vay's US expansion and explore synergies in Southeast Asia's mobility market.

2 Sources

Tsavorite Challenges Nvidia with $100M in Pre-Orders for Composable AI Chiplets

Semiconductor startup Tsavorite Scalable Intelligence unveils its Omni Processing Unit, a composable AI chiplet based on Arm's Neoverse architecture, securing over $100 million in pre-orders from Fortune 500 companies and cloud providers across the US, Europe, and Asia.

2 Sources

Robinhood Plans AI Investment Fund to Give Retail Investors Access to Private AI Companies

Robinhood Markets is launching a new closed-end fund through its subsidiary Robinhood Ventures to allow retail investors to invest in private AI companies, despite concerns about market bubbles and fund structure risks.

4 Sources

07 Nov 2025

OpenAI Targets India as Key Growth Engine with First Office and Enterprise Focus

OpenAI is establishing its first India office in New Delhi and shifting focus to enterprise solutions, capitalizing on India's tripled AI adoption rate and thriving startup ecosystem of over 180,000 companies.

2 Sources

Anthropic Expands European Operations with New Paris and Munich Offices

AI startup Anthropic announces major European expansion with new offices in Paris and Munich, driven by 9x revenue growth in EMEA region. The company also appoints new regional leadership to support enterprise clients including BMW, L'Oréal, and SAP.

5 Sources

Chinese AI Startup Moonshot Releases Open-Source Model That Claims to Outperform GPT-5

Beijing-based Moonshot AI has released Kimi K2 Thinking, an open-source reasoning model that reportedly outperforms OpenAI's GPT-5 and Anthropic's Claude Sonnet 4.5 on key benchmarks, costing only $4.6 million to train compared to billions spent by US competitors.

7 Sources

06 Nov 2025

AI Parking Giant Metropolis Raises $1.6 Billion to Pioneer 'Recognition Economy' Beyond Parking

Metropolis, the largest parking lot operator in the U.S., secured $1.6 billion in funding at a $5 billion valuation to expand its AI-powered vehicle recognition technology into retail, restaurants, and hospitality sectors, aiming to create a frictionless 'Recognition Economy.'

2 Sources

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