After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M | TechCrunch
Groq is looking to raise $650 million in new funding from existing investors, sources tell Axios, as it leans into…
Tag: In Brief
AI search startups are blowing up | TechCrunch
Yesterday’s big news was Google’s plan to blow up its traditional Search in favor of an AI-powered experience — but…
Cohere acquires, merges with Germany-based startup to create a ‘transatlantic AI powerhouse’ | TechCrunch
Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the Germany-based enterprise AI company Aleph Alpha. The deal,…
Bret Taylor’s Sierra buys YC-backed AI startup Fragment | TechCrunch
Sierra, the customer service agent startup founded by Bret Taylor, announced on Thursday that it has acquired the YC-backed French…
Factory hits $1.5B valuation to build AI coding for enterprises | TechCrunch
More than three years after the emergence of generative AI, AI-assisted coding remains by far the most popular and lucrative…
Anthropic buys biotech startup Coefficient Bio in $400M deal: Reports | TechCrunch
Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information…
Defense startup Shield AI lands $12.7B valuation, up 140%, after US Air Force deal | TechCrunch
Autonomous military aircraft maker Shield AI has raised $1.5 billion in Series G funding at a $12.7 billion post-money valuation,…
Another deep tech chip startup becomes a unicorn: Frore hits $1.64B | TechCrunch
Eight-year-old semiconductor startup Frore Systems has raised a $143 million Series D, led by MVP Ventures, at $1.64 billion valuation,…
Netflix may have paid $600 million for Ben Affleck’s AI startup | TechCrunch
Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage…
Nvidia challenger AI chip startup MatX raised $500M | TechCrunch
MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B led by…
YC startups can now receive investment in stablecoin | TechCrunch
All startups accepted into YC will soon have the option to receive their seed checks via stablecoins, crypto YC partner…
Apple buys Israeli startup Q.ai as the AI race heats up | TechCrunch
Apple, Meta, and Google are locked in a fierce battle to lead the next wave of AI, and they’ve recently…
AI chip startup Ricursive hits $4B valuation two months after launch | TechCrunch
Ricursive Intelligence, a startup building an AI system to design and automatically improve AI chips, has raised $300 million at…
OpenEvidence hits $12B valuation, with new round led by Thrive, DST | TechCrunch
VCs who have backed OpenEvidence are apparently not worried about new health information products from OpenAI and Anthropic. On Wednesday,…
Paris-based AI voice startup Gradium nabs $70M seed – TechCrunch
Gradium, a startup spun out of French AI lab Kyutai (backed by French telecom billionaire Xavier Niel), launched out of…
Jeff Bezos reportedly returns to the trenches as co-CEO of new AI startup, Project Prometheus | TechCrunch
Amazon’s founder Jeff Bezos seems to be getting his hands dirty once again: The billionaire is partly backing a new…
Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase | TechCrunch
Charlie Javice, founder of the financial aid startup Frank and Forbes 30 under 30 alumnus, has been sentenced to seven…