Cerebras Seeks $4.8B IPO Amid AI Chip Demand
AI chip designer Cerebras Systems is reportedly looking to raise its IPO target to $4.8 billion, signaling a strong appetite…
Tag: tech news
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…
BMO’s Schleif: AI Stampede Fuels Rally Beyond Tech
Carol Schleif, Chief Market Strategist at BMO Wealth Management, believes the current market rally, often attributed to the artificial intelligence…
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…
Snowflake: Data Foundation Fuels AI in Healthcare
In the highly regulated worlds of healthcare and government, the promise of artificial intelligence hinges on a fundamental truth: AI…
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…
Beyond Lovable and Mistral: 21 European startups to watch
Europe’s startup ecosystem is getting a fresh look. TechCrunch senior reporter Anna Heim just released a curated watchlist of 21…
Meta buys robotic startup to bolster its humanoid AI ambitions
Meta just acquired Assured Robot Intelligence, a humanoid robotics startup, marking the tech giant’s boldest move yet into physical AI.…
True Anomaly raises $650 million to support space interceptors for Trump’s Golden Dome
True Anomaly just closed one of the largest defense tech funding rounds of the year, pulling in $650 million to…
China blocks Meta’s acquisition of AI startup Manus
China just threw a wrench into Meta’s AI ambitions. Beijing announced Monday it’s blocking the social media giant’s $2 billion…
Amazon-Backed AI Startup Aims to Revolutionize Hollywood Production
The Buzz ■ AWS backs new Hollywood production startup leveraging AI to cut costs and speed up filming according to…
SpaceX Secures $60B Option to Buy AI Coding Startup Cursor
The Buzz ■ SpaceX holds a $60 billion option to acquire Cursor, the AI-powered coding assistant, per TechCrunch ■ The…
SpaceX Secures $60B Option to Acquire AI Coding Startup Cursor
The Buzz ■ SpaceX obtained rights to buy AI coding startup Cursor for $60 billion later this year, according to…
Coral raises $12.5M for healthcare automation
Coral, a startup aiming to untangle healthcare’s administrative knots, has raised $12.5 million in a round led by Lightspeed and…
European AI Chip Startup Hunts $100M to Challenge Nvidia
The Buzz ■ European AI chip startup seeks $100M+ funding to compete with Nvidia’s AI accelerator dominance, according to CNBC…