Valuation

Twitter

Facebook

Copy Link

Top News

Elon Musk pledges OpenAI lawsuit proceeds to charity as $134 billion trial nears

Elon Musk announced any proceeds from his lawsuit against OpenAI will be donated to charity, emphasizing he won't enrich himself. The trial, starting April 28, accuses OpenAI of abandoning its non-profit mission after Musk contributed over $40 million. He's seeking up to $134 billion in damages from OpenAI and Microsoft, alleging they prioritized profits over developing AI for humanity's benefit.

Policy3 sources

Elon Musk pledges OpenAI lawsuit proceeds to charity as $134 billion trial nears

Policy3 sources

OpenAI courts private equity firms with $10 billion joint venture to accelerate enterprise AI push

OpenAI is in advanced talks with TPG Inc., Bain Capital, and other private equity firms to form a $10 billion joint venture focused on enterprise AI products. The ChatGPT maker is offering a guaranteed 17.5% minimum return and early access to new models as it battles Anthropic for dominance in the lucrative enterprise market.

Business8 sources

OpenAI courts private equity firms with $10 billion joint venture to accelerate enterprise AI push

Business8 sources

Frore Systems reaches $1.64B valuation as chip cooling becomes critical for AI infrastructure

Eight-year-old Frore Systems has secured $143 million in Series D funding at a $1.64 billion valuation, achieving unicorn status with its liquid cooling technology for AI chips. Founded by former Qualcomm engineers, the company pivoted from air-cooling phones to liquid cooling systems after Nvidia CEO Jensen Huang suggested they tackle data center thermal challenges. The startup's LiquidJet Nexus technology promises to unlock higher compute density and efficiency across AI infrastructure.

Startups3 sources

Frore Systems reaches $1.64B valuation as chip cooling becomes critical for AI infrastructure

Startups3 sources

Micron Technology posts record margins, expands AI memory capacity with Taiwan fab acquisition

Micron Technology delivered a blockbuster Q2 with record margins and revenue across DRAM, NAND, and HBM products. The company closed its $1.8 billion acquisition of a Taiwan manufacturing facility and announced plans for a second site, while signing multi-year strategic customer agreements to meet surging AI memory demand. Analysts raised price targets to as high as $600, though some warn margins may have peaked.

Business3 sources

Micron Technology posts record margins, expands AI memory capacity with Taiwan fab acquisition

Business3 sources

Sunday reaches $1.15 billion valuation to deploy Memo household robot across real homes

Robotics company Sunday has achieved unicorn status with a $165 million Series B funding round at a $1.15 billion valuation. The startup, founded by Tony Zhao and Cheng Chi, is preparing to deploy Memo, a household humanoid robot designed to handle everyday tasks like laundry and dishwashing. With beta deliveries starting in months, Sunday aims to solve robotics' biggest challenge: turning real-world home complexity into autonomous intelligence.

Startups2 sources

Sunday reaches $1.15 billion valuation to deploy Memo household robot across real homes

Startups2 sources

Replit raises $400M at $9B valuation, tripling its worth in six months with new Agent 4 launch

Replit, the vibe-coding startup, has secured $400 million in Series D funding at a $9 billion valuation—three times its value from just six months ago. Led by Georgian Partners with participation from Databricks Ventures, Okta Ventures, and even Shaquille O'Neal, the investment will fuel global expansion across Europe, Asia, and the Middle East. The company also launched Agent 4, its most advanced AI engine yet, designed to accelerate app development through enhanced design capabilities.

Technology2 sources

Replit raises $400M at $9B valuation, tripling its worth in six months with new Agent 4 launch

Technology2 sources

Wonderful raises $150M Series B at $2B valuation to scale AI agents across 30 countries

Israeli AI agent startup Wonderful has raised $150 million in Series B funding at a $2 billion valuation, just four months after its $100 million Series A. The company deploys local teams to help enterprises integrate AI agents into complex workflows across telecom, finance, healthcare, and manufacturing sectors in over 30 countries.

Startups4 sources

Wonderful raises $150M Series B at $2B valuation to scale AI agents across 30 countries

Startups4 sources

Bumble shares surge 25% as AI app revamp and strong earnings reignite investor optimism

Bumble shares jumped 25% in premarket trading after the dating app reported stronger-than-expected fourth-quarter results and unveiled an AI-focused overhaul. CEO Whitney Wolfe Herd announced Bumble 2.0, featuring chapter-based profiles and an AI dating assistant named Bee, as the company tackles swiping fatigue among younger users in the struggling online dating market.

Business3 sources

Bumble shares surge 25% as AI app revamp and strong earnings reignite investor optimism

Business3 sources

Cursor pursues $50 billion valuation as AI coding tools reshape software development

Cursor, a leading AI coding startup, is negotiating a funding round that would nearly double its valuation to $50 billion. The company's AI assistant helps programmers write and debug code, positioning it at the center of the vibe coding movement. With annualized revenue exceeding $2 billion and backing from Google, Nvidia, and top venture capital firms, Cursor faces intensifying competition from Anthropic, OpenAI, and emerging AI coding startups.

Startups2 sources

Cursor pursues $50 billion valuation as AI coding tools reshape software development

Startups2 sources

Atlassian cuts 1,600 jobs in 10% workforce reduction to fuel AI investments and enterprise sales

Australian productivity software company Atlassian announced layoffs affecting 1,600 employees, representing 10% of its global workforce, as CEO Mike Cannon-Brookes pivots the company toward AI. The job cuts will cost approximately $230 million in severance but aim to strengthen finances and fund AI development. The move follows similar AI-linked cuts at Block Inc. and Oracle Corp., raising questions about whether AI is genuinely transforming work or simply providing cover for cost-cutting.

Business12 sources

Atlassian cuts 1,600 jobs in 10% workforce reduction to fuel AI investments and enterprise sales

Business12 sources

Rivian spin-out Mind Robotics raises $500M to build AI-powered industrial robots, not cartwheelers

Mind Robotics, spun out of electric vehicle maker Rivian, has raised $500 million in Series A funding co-led by Accel and Andreessen Horowitz, reaching a $2 billion valuation. Founded by Rivian CEO RJ Scaringe, the startup is building AI-powered industrial robots with human-like dexterity for complex manufacturing tasks, deliberately avoiding the humanoid robot hype.

Startups5 sources

Rivian spin-out Mind Robotics raises $500M to build AI-powered industrial robots, not cartwheelers

Startups5 sources

Nexthop AI Raises $500M at $4.2B Valuation to Build Next-Gen AI Data Center Networks

Nexthop AI has secured $500 million in a funding round led by Lightspeed Venture Partners and Andreessen Horowitz, valuing the AI networking startup at $4.2 billion. The company, founded by former Arista Networks COO Anshul Sadana, is building power-efficient networking hardware and software for AI data centers as tech giants plan to spend $650 billion on AI infrastructure in 2026 alone.

Technology2 sources

Nexthop AI Raises $500M at $4.2B Valuation to Build Next-Gen AI Data Center Networks

Technology2 sources

Legora raises $550 million Series D at $5.55 billion valuation for aggressive US expansion

Swedish legal AI startup Legora has raised $550 million in Series D funding led by Accel, tripling its valuation to $5.55 billion in just five months. The company plans aggressive US expansion with new offices in Houston and Chicago, targeting 300 US employees by year-end as competition with Harvey intensifies in the booming AI legaltech market.

Startups7 sources

Legora raises $550 million Series D at $5.55 billion valuation for aggressive US expansion

Startups7 sources

Anthropic faces billions in lost sales as Pentagon blacklisting disrupts major contracts

Anthropic executives revealed that the Pentagon's national security blacklisting could slash the AI firm's 2026 revenue by multiple billions of dollars. The company filed a lawsuit to block the designation after losing over $100 million in contracts and facing inquiries from more than 100 enterprise customers expressing concern about associating with the embattled AI company.

Policy2 sources

Anthropic faces billions in lost sales as Pentagon blacklisting disrupts major contracts

Policy2 sources

Yann LeCun's AMI Labs raises $1.03 billion to build world models that understand reality

Turing Award winner Yann LeCun's new venture AMI Labs has raised $1.03 billion at a $3.5 billion valuation to develop world models—AI systems that learn from physical reality rather than just language. The Paris-based startup marks Europe's largest seed round and represents a direct challenge to the large language model approach dominating today's AI landscape.

Startups20 sources

Yann LeCun's AMI Labs raises $1.03 billion to build world models that understand reality

Startups20 sources

Prev 1…212223…38 Next