Design platform Figma has confidentially filed paperwork with the U.S. Securities and Exchange Commission to go public, the company announced Tuesday. The filing dropped the same day Figma caught heat on social media after sending a cease-and-desist letter to Lovable, […]
Nyobolt, a Cambridge-based battery tech startup, has raised $30 million in fresh funding to push beyond its current focus on autonomous warehouse robots and move into heavier sectors like electric vehicles and high-demand industrial use cases. The round was led […]
Lyft is finally making its move into Europe. The U.S. ride-hailing company announced Wednesday it’s buying European taxi app startup Free Now in a deal valued at €175 million (roughly $199 million). The acquisition marks Lyft’s first major push outside […]
OpenAI may be gearing up to take on two of the biggest players in tech—X and Meta. According to multiple sources, the company is reportedly working on a prototype for a new social network that leverages ChatGPT at its core. […]
The U.S. has just cut off one of Nvidia’s fastest-growing markets, triggering billions in fallout. The export crackdown may have ended the company’s biggest bet outside America. Nvidia said Tuesday it will take a $5.5 billion charge this quarter after […]
Virtue AI, a new AI startup focused on AI safety and security, just came out of stealth with $30 million in combined Seed and Series A funding. The round was led by Lightspeed Venture Partners and Walden Catalyst Ventures, with […]
Six months ago, Dutch neobank startup Bunq went on a hiring spree—just as other fintechs were cutting staff. Now, that bold move looks like it’s paying off. On Tuesday, Bunq announced it has filed for broker-dealer registration in the U.S., […]
Adobe’s venture arm is betting big on AI-generated video. The company has invested in Synthesia, a London-based startup known for turning text into avatar-led videos, in what the companies are calling a “strategic” partnership, CNBC reported. The exact investment amount […]
After a quiet stretch, SPAC deals are starting to trickle back. On Monday, Kodiak Robotics said it’s merging with Ares Acquisition Corp II in a deal that values the autonomous trucking startup at $2.5 billion. The newly formed company will […]
Nvidia is betting big on American soil. The chipmaker said Monday it plans to invest up to $500 billion in building AI infrastructure across the U.S. over the next four years, working closely with longtime partners like Taiwan Semiconductor Manufacturing […]
Peter Thiel’s Founders Fund just pulled off a monster raise—$4.6 billion to be exact. It’s one of the biggest late-stage venture funds in recent memory, and it couldn’t come at a more uncertain time for private tech companies. The new […]
Safe Superintelligence (SSI), the secretive AI venture founded by OpenAI co-founder Ilya Sutskever, has pulled in another $2 billion at a $32 billion valuation, per the Financial Times. This update follows a Wall Street Journal report last month that SSI […]
Thinking Machines Lab, a stealth AI startup founded by former CTO of OpenAI Mira Murati, is reportedly seeking to raise $2 billion in seed funding. Business Insider, citing sources close to the deal, reported on Thursday that Thinking Machines Lab […]
Alphabet’s Google has laid off hundreds of employees across key product teams—Android, Pixel, and Chrome—as the company continues shifting resources into its growing AI efforts. The job cuts, first reported by The Information, affect its platforms and devices unit, signaling […]
ChatGPT just got a major memory upgrade—and it might be the biggest step yet toward something that actually feels like a smart assistant, not just a chatbot. OpenAI announced today that ChatGPT can now reference your entire chat history to […]
Early-stage startups solving real-world problems don’t always get the attention they deserve—especially those working outside of Silicon Valley. That’s where Symphonic Capital steps in. The VC firm, led by Sydney Thomas, just closed its $13.5 million debut fund to invest […]
nEye Systems, an AI chip startup spun out of research at UC Berkeley, has raised $58 million in fresh funding to tackle one of the biggest challenges facing AI data centers: energy efficiency and flexibility. The round was led by […]
Google parent Alphabet isn’t slowing down its artificial intelligence (AI) push. The company is making one of its boldest financial moves yet. On Wednesday, Alphabet announced it plans to spend $75 billion this year to expand its data center capacity […]
Just three months after securing $700 million from backers like NVIDIA and Accel, Nebius is deepening its relationship with the chip giant to support early-stage startups building AI-first products and services. Nebius AI Cloud is now working closely with NVIDIA’s […]
Nuro, the autonomous delivery startup founded by two ex-Google engineers, has raised $106 million in fresh funding, pushing its valuation to $6 billion, the company announced on Wednesday. The Series E round is the company’s first major raise in over […]