June 17, 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.


Artificial Intelligence  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
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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China unveils $295 billion plan to build a nationwide AI data center network and reduce reliance on U.S. chips
Daniel Levi Posted On June 9, 2026


The race to build artificial intelligence is no longer just about models, software, or talent. It is becoming a contest over who controls the computing infrastructure that will run the next generation of AI. China is preparing one of the […]


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Proposed Utah AI data center could generate heat equivalent to 23 Hiroshima bombs per day, physicist warns
Daniel Levi Posted On June 8, 2026


The race to build artificial intelligence is no longer confined to chips, models, and software. It is increasingly becoming a battle for land, electricity, water, and energy generation. Tech companies are expected to spend hundreds of billions of dollars on […]


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Sam Bankman-Fried seeks presidential pardon from Trump as convicted FTX founder serves 25-year prison sentence
Daniel Levi Posted On June 8, 2026


The convicted FTX founder Sam Bankman-Fried is making a long-shot bid for freedom. Bankman-Fried has formally submitted a request for a presidential pardon to President Donald Trump, according to records listed on the U.S. Department of Justice Office of the […]


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Uber’s Delivery Hero takeover faces new threat as Saudi unicorn Ninja eyes HungerStation
Daniel Levi Posted On June 8, 2026


Just when Uber appeared to be gaining momentum in its pursuit of Delivery Hero, a Saudi startup founded by the man who created HungerStation has entered the picture. Riyadh-based quick-commerce unicorn Ninja is reportedly considering a bid for parts of […]


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Hunter Point Capital raises $4.3 billion for private markets financing funds
Daniel Levi Posted On June 8, 2026


Private equity firms are looking for new ways to unlock capital without selling assets, and investors are paying attention. Hunter Point Capital (HPC), an investment firm focused on providing capital solutions to alternative asset managers, announced Monday that it has […]


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Quantum Space to go public in $1.2 billion SPAC deal as space sector heats up
Daniel Levi Posted On June 8, 2026


Quantum Space, a space infrastructure startup led by former NASA Administrator Jim Bridenstine, announced Monday that it plans to go public through a merger with special purpose acquisition company Inflection Point Acquisition Corp. The transaction values the combined company at […]


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Google shrinks AI memory from 31GB to 4GB with TurboVec, beating FAISS on speed
Daniel Levi Posted On June 6, 2026


AI has a memory problem. Every chatbot, AI agent, and retrieval system depends on vector databases to store and search information. As those systems grow, so do the infrastructure costs behind them. A vector index containing 10 million documents can […]


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OpenAI in talks to give U.S. government an equity stake in $850 billion AI startup as IPO nears
Daniel Levi Posted On June 5, 2026


Just a day after Senator Bernie Sanders proposed that Americans should share directly in the wealth created by artificial intelligence, OpenAI is reportedly discussing an unprecedented idea with the Trump administration: giving the U.S. government an ownership stake in the […]


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Bitcoin crashes to $59,000 as worst week since 2022 sparks fears of deeper crypto selloff
Daniel Levi Posted On June 5, 2026


Yesterday, Bitcoin fell below $61,500 as roughly $3 billion in liquidations ripped through the crypto market and traders braced for more pain. Today, those fears became reality. The world’s largest cryptocurrency extended its slide on Friday, plunging to an intraday […]


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Artificial Intelligence  / Data Centers  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Switch in talks to raise funding at $50 billion-plus valuation as AI data center demand surges
Daniel Levi Posted On June 5, 2026


The AI boom has created a new class of winners. They are not building chatbots or training large language models. They are building the infrastructure that makes those technologies possible. Switch, one of the largest data center operators in the […]


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Honeycomb Insurance raises $40M to expand AI-powered commercial property insurance platform
Daniel Levi Posted On June 5, 2026


Insurance has become one of the toughest businesses to scale in recent years. Rising catastrophe losses, volatile property markets, and tighter underwriting standards have pushed many carriers to pull back coverage or raise prices. Yet one startup is moving in […]


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Supabase hits $10.5B valuation after $500M funding round as vibe coding fuels explosive growth
Daniel Levi Posted On June 5, 2026


Vibe coding is creating a new generation of software companies, and Supabase is emerging as one of the biggest winners. The startup, whose backend infrastructure helps developers and non-technical users turn AI-generated code into working applications, has raised $500 million […]


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Fintech startup Ramp hits $44B valuation after raising $750M in new funding round
Daniel Levi Posted On June 4, 2026


Ramp has raised $750 million in a new funding round that values the company at $44 billion, up from $32 billion just seven months ago, the fintech startup announced Thursday. The deal ranks among the largest private financings of the […]


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