Reid Hoffman Exits Microsoft Board for AI Drug Startup
Reid Hoffman is walking away from one of tech’s most prestigious board seats. The LinkedIn co-founder and legendary venture capitalist…
Tag: AI updates
Ex-DOGE Team Launches VC-Backed AI Startup for Enterprise
Former members of the Department of Government Efficiency (DOGE) are spinning their controversial government streamlining playbook into a venture-backed AI…
AI Startup Quilty’s Script Predictions Flop in Real-World Test
When Quilty burst onto the scene earlier this year, the AI startup made a bold promise – its tool could…
Ramp Hits $44B Valuation on $750M Round, Nearly Triples in a Year
Corporate expense management platform Ramp just closed a $750 million funding round at a staggering $44 billion valuation, nearly tripling…
Bezos Bets $500M on Brain-Inspired AI Startup Flourish
Jeff Bezos is making a audacious bet that the future of artificial intelligence lies not in bigger models, but in…
Quantum Startup Quantinuum Eyes Public Markets Despite Losses
Wall Street is placing a contrarian bet on quantum computing’s future. Quantinuum, one of the most ambitious players in the…
Mach Industries hits $1.8B valuation on $300M raise
Defense tech just minted another unicorn, and this time the founder can’t legally buy a beer in most states. Mach…
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year
Mach Industries just pulled off one of defense tech’s most dramatic valuation jumps. The autonomous vehicle startup raised $300 million…
Revolut Cracks India with 450K Waitlist Ahead of Full Launch
Revolut is making its move into India’s massive fintech market, beginning to roll out services to thousands of users from…
General Catalyst just led a $63M bet on India’s travel payments market
Scapia, an Indian fintech startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million…
Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Geothermal energy startup Fervo Energy just delivered one of 2026’s hottest IPO debuts, surging 33% in its first day of…
Riding an AI rally, Robinhood preps second retail venture IPO
Robinhood is doubling down on its bet to democratize venture capital. The fintech platform just filed confidentially for its second…
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
Tesla’s former finance chief is reuniting with an old colleague in the battery recycling business. Deepak Ahuja, who spent nearly…
Daniel Ek-backed defense tech Helsing to raise $1.2B at $18B valuation
Helsing, the five-year-old European defense tech startup building AI-powered military drone systems, is closing in on a $1.2 billion funding…
Fintech startup Parker files for bankruptcy
Parker, a venture-backed fintech startup that promised to revolutionize corporate banking with modern credit cards and financial services, has filed…
Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries
Moment Energy just closed a $40 million Series A to tackle what CEO Edward Chiang calls “infinite demand for power”…
Geothermal startup Fervo Energy to raise up to $1.3B in IPO
Geothermal energy is having its moment on Wall Street. Fervo Energy, the enhanced geothermal startup backed by some of Silicon…
‘This is fine’ creator says AI startup stole his art
The creator of the internet’s most famous burning-dog meme is fighting back against AI. KC Green, the artist behind ‘This…