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10 Nov 2025

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

OpenAI's $74 Billion Loss Trajectory Contrasts Sharply with Anthropic's Path to Profitability

Internal documents reveal OpenAI's massive cash burn rate and projected $74 billion loss by 2028, while competitor Anthropic aims for profitability the same year through a more conservative business-focused strategy.

12 Sources

05 Nov 2025

Snap and Perplexity Strike $400 Million AI Search Partnership Deal

Snap announces a major $400 million partnership with AI search startup Perplexity to integrate AI-powered search directly into Snapchat, giving Perplexity access to over 940 million users while opening new revenue streams for Snap.

20 Sources

Former Meta Engineers Launch Stream Ring: AI-Powered Wearable for Voice Note-Taking

Sandbar, founded by former Meta employees, introduces Stream Ring - a $249-299 smart ring that captures whispered voice notes and transcribes them using AI. The device aims to help users record spontaneous thoughts without pulling out their phones.

14 Sources

NVIDIA and Qualcomm Join $2 Billion India Deep Tech Alliance to Accelerate AI Startup Ecosystem

NVIDIA and Qualcomm have joined the India Deep Tech Alliance, a coalition of investors committing over $2 billion to support India's emerging deep tech startups. The alliance aims to bridge the funding gap for infrastructure-scale ventures in AI, semiconductors, space tech, and other advanced technologies.

5 Sources

04 Nov 2025

Rivian Spins Off Mind Robotics with $115M to Bring Industrial AI to Manufacturing

Electric vehicle maker Rivian has created its second spinoff company this year, Mind Robotics, focused on industrial AI and robotics applications. The new venture secured $115 million in seed funding led by Eclipse Ventures to develop AI-powered solutions for manufacturing operations.

5 Sources

Anthropic Projects $70 Billion Revenue by 2028 as B2B Strategy Drives Explosive Growth

AI startup Anthropic expects to reach $70 billion in revenue by 2028, driven by aggressive B2B expansion and API sales that could surpass OpenAI's in 2025. The company's Claude Code product is approaching $1 billion in annualized revenue.

3 Sources

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