June 16, 2026
Author

Daniel Levi

Daniel is a writer and editor for Tech Startups. Daniel has been involved in technology and gaming for over two decades. He has previous experience in software development and loves writing about emerging technologies, cybersecurity, and cryptocurrency. Daniel also enjoys hiking and camping.


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Qualcomm in talks to acquire AI chip startup Tenstorrent for up to $10 billion, report
Daniel Levi Posted On June 15, 2026


The race to challenge Nvidia’s grip on AI hardware may be heading for another blockbuster deal. Qualcomm has been in discussions to acquire AI chip startup Tenstorrent in a transaction that could value the company between $8 billion and $10 […]


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Nvidia to raise $20 billion in first bond sale in five years to fuel AI chip expansion
Daniel Levi Posted On June 15, 2026


Nvidia already has more than $13 billion in cash. Now, the company is preparing to raise another $20 billion. The AI chip giant is returning to the corporate bond market for the first time in five years, according to a […]


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China eliminates 12,000 ‘obsolete’ university degrees, adds 10,200 AI and robotics programs in race to embrace the AI era
Daniel Levi Posted On June 15, 2026


China is carrying out one of the most sweeping higher education shake-ups seen anywhere in recent years. Between 2021 and 2025, Chinese universities revoked or suspended 12,200 undergraduate programs and introduced 10,200 new ones, according to data from China’s Ministry […]


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Elon Musk says SpaceX could generate $1 trillion in annual revenue by 2031 after $2 trillion IPO
Daniel Levi Posted On June 15, 2026


Just two days after becoming the world’s first trillionaire, Elon Musk is setting an even bigger target for SpaceX. On Sunday, Musk said he expects the rocket company could generate more than $1 trillion in annual revenue by 2031, a […]


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Top Tech News Today, June 15, 2026
Daniel Levi Posted On June 15, 2026


It’s Monday, June 15, 2026, and the global tech world is moving at a pace that feels almost impossible to keep up with. China is aggressively building its own AI hardware and model stack to reduce reliance on the West, […]


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SpaceX tops $2 trillion valuation after shares surge 17% in historic market debut on Nasdaq
Daniel Levi Posted On June 12, 2026


SpaceX’s long-awaited arrival on public markets is already rewriting the record books. Shares of Elon Musk’s rocket company jumped 17% as trading began Friday, lifting SpaceX’s valuation above $2 trillion and turning its Nasdaq debut into one of the biggest […]


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Meta’s $2B AI chip bet faces setbacks as Rivos acquisition stumbles six months later
Daniel Levi Posted On June 12, 2026


Meta spent roughly $2 billion to acquire AI chip startup Rivos with a clear goal: build more of its own AI hardware and rely less on Nvidia. Six months after the deal closed, that plan appears to be running into […]


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ChatGPT hits 1 billion monthly users despite growing AI fears
Daniel Levi Posted On June 12, 2026


OpenAI’s ChatGPT has reached an estimated 1 billion monthly app users, becoming the fastest consumer application in history to hit the milestone and extending its lead in the increasingly crowded AI market. The milestone comes at a time of growing […]


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Peter Thiel’s Founders Fund is set for a $50 billion+ windfall from a $600 million bet on SpaceX as IPO nears
Daniel Levi Posted On June 11, 2026


Twenty years ago, Peter Thiel’s Founders Fund made a series of investments in Elon Musk’s rocket company that many investors viewed as an ambitious long shot. Today, that bet is on track to become one of the largest venture capital […]


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Jeff Bezos emerges from stealth with Prometheus, a $41 billion AI startup building AI for engineering and manufacturing
Daniel Levi Posted On June 11, 2026


What happens when one of the world’s most successful technology founders decides that AI’s next frontier isn’t text, images, or chatbots, but the physical world? Five years after stepping down as Amazon CEO, Jeff Bezos is back at the helm […]


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Coram AI raises $35M to bring autonomous AI agents to physical security
Daniel Levi Posted On June 11, 2026


Most security cameras are little more than digital witnesses. They record what happened, store the footage, and wait for someone to review it later. Coram AI wants to change that. The startup, founded by former self-driving car engineers from Lyft […]


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Upriver raises $14M to fix the enterprise data problem behind failed AI projects
Daniel Levi Posted On June 11, 2026


Companies have spent the past two years pouring billions into artificial intelligence. Yet many of those efforts never make it past the pilot stage. The problem is often not the AI itself. It’s the data. According to Gartner, 38% of […]


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OpenAI considers drastic price cuts to counter Anthropic
Daniel Levi Posted On June 11, 2026


Is AI entering a race to the bottom? For the past three years, AI companies have competed to build bigger, smarter models. Now they may be preparing to compete on price. OpenAI is reportedly considering significant cuts to the cost […]


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SoftBank tried to borrow $6 billion against its OpenAI stake to keep funding OpenAI. Banks said no
Daniel Levi Posted On June 10, 2026


SoftBank is sitting on one of the most valuable AI investments in history. Yet when the Japanese tech giant tried to borrow $6 billion against its 13% stake in OpenAI, lenders hit the brakes. The failed financing effort highlights a […]


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AI Debt Boom: Global AI debt issuance to top $570 billion as big tech races toward $1 trillion in AI infrastructure spending, Morgan Stanley says
Daniel Levi Posted On June 10, 2026


In October 2025, we wrote about the hidden debt behind the AI boom and how companies like Meta and xAI were quietly raising billions to fund ambitious AI projects. At the time, much of the attention was focused on eye-popping […]


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Corca raises $7.8M to build an AI-powered ‘Cursor for math’ and replace decades-old workflows
Daniel Levi Posted On June 10, 2026


People can generate software with AI, create videos from text, and build websites in minutes. Yet many engineers, scientists, and financial analysts still rely on tools and workflows that have changed little since the 1980s. Equations are passed around in […]


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Anthropic launches Claude Fable 5, bringing its once-restricted Mythos AI to the masses ahead of IPO
Daniel Levi Posted On June 10, 2026


Just two months ago, Anthropic said its most capable AI model was too risky for broad release. Now the company is putting a Mythos-class model in the hands of paying customers. On Tuesday, Anthropic announced Claude Fable 5, a new […]


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Standard Bots raises $200M at $1 billion valuation to bring AI-powered manufacturing back to the U.S.
Daniel Levi Posted On June 9, 2026


America’s manufacturing comeback may depend on more than tariffs, subsidies, or trade policy. It may depend on robots. Standard Bots, the New York-based robotics company building AI-native industrial robots, has raised $200 million in Series C funding at a $1 […]


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JPMorgan plans to deploy long-running AI agents that can work for hours without human input
Daniel Levi Posted On June 9, 2026


For the past two years, the AI race has focused on smarter models. The next phase may be about something far more consequential: how long AI can work on its own before it needs a human to step in. JPMorgan […]


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Databricks in talks to raise new funding round at up to $175B valuation as AI boom fuels IPO momentum
Daniel Levi Posted On June 9, 2026


Just four months after securing one of the largest private funding rounds in tech history, Databricks is already discussing another raise that could push its valuation close to $175 billion. The data and AI software company has held conversations about […]


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