DeepSeek reportedly in talks to raise $1.5B, then IPO
DeepSeek, the Chinese large language model developer, is said to be preparing for a 2027 IPO debut as it also looks to raise around $1.5 billion in ne…
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Pinwheel launches a retro-inspired landline phone for kids
Kid-friendly tech company Pinwheel announced the launch of a new landline phone designed to let children stay connected without the distractions of a …
Hermes agent maker Nous Research in talks for new funding at $1.5B valuation
The company is raising at least $75 million, led by Robot, with significant participation from USV and other prominent investors.
Phia accused of ‘cookie stuffing,’ taking affiliate credit on purchases it didn’t earn
Phia, the shopping startup founded by Bill Gates’ daughter, Phoebe, and her friend, Sophia Kianni, is under fire for a practice known as “cookie stuff…
Oratomic raises $300M to build a viable quantum computer that needs only 20K qubits
The massive round was co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures.
Hugging Face’s CEO on why companies are done renting their AI
Open source AI is booming, according to Hugging Face CEO Clem Delangue. The company has grown into something like a GitHub for AI in re…
An AI agent startup just let its agent run its $100 million fundraise
Lyzr, a startup that builds AI agents for enterprises, used its own AI agent to raise a $100 million round — proof, evidently, that the product actual…
Charles Hudson shares the common mistakes he’s seen after investing in 500+ startups
In this week’s episode of Build Mode, Isabelle Johannessen talks with Precursor Ventures' Charles Hudson about the headwinds facing early-stage founde…
Mercor is in talks for a $20B valuation
A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.
Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users
Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI on their PCs.
Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
Nilekani remains Fundamentum's anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.
Lovable reportedly in talks to double its valuation to $13.2B
The $300 million round is expected to be led by Menlo Ventures, Sifted reported.
With EU backing, QuantumDiamonds aims to speed up chip manufacturing
The race to produce more chips is on, and Europe is in. ASML, the Dutch company that has a near-monopoly on manufacturing the machines used for chipma…
Why this CEO thinks video games make better training data than the internet
When it comes to achieving artificial general intelligence (AGI), large language models just don’t have what it takes. Models like ChatGPT a…
Prime Intellect raises $130M Series A to help enterprises build their own AI agents
Founded in 2024, Prime Intellect’s goal is to give organizations capabilities to train their own agentic systems without relying on frontier AI labs.
These AI startups are growing revenue at faster and faster rates
There are a lot of fast-growing AI startups, but some are growing even faster, they say.
Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.
Hot French startup ZML releases free product to speed inference across lots of AI chips
ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make running AI less costly.
Final extension: Startup Battlefield Australia applications now close July 20
If you're building something ambitious, this is a fast track to the people who can move your startup forward.
AI law startup Norm raises $120M, hits unicorn valuation
AI law startup Norm has raised a $120 million Series C round led by Kholsa Ventures, valuing the startup at $1.2 billion.
This startup pits dealerships against each other to bid on your used car
Bidbus, which lets dealerships bid on used cars, has raised $15 million in a Series A round that was led by early-stage mobility fund Ibex Investors.
Savi’s app aims to protect consumers from realistic AI scams like kidnappers demanding ransom
The company just raised $7 million in seed funding, and is launching its app for iPhone and Android on Tuesday.
Station F ramps up as a launchpad for Europe’s hottest AI startups
Station F, a Paris-based startup hub founded by French billionaire Xavier Niel, is gearing up for a new edition of its F/ai accelerator program in a b…
Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent
Even Realities, an ex-Apple team building camera-free smart glasses, raised $150M from Meituan and Tencent at a $1B valuation.
Uber’s European expansion plans may have hit a speed bump
Back in February, Uber announced ambitious plans to launch in seven new European markets in 2026 — but now five of those launches are reportedly on ho…
Almost 90 new unicorns have been minted so far this year — here they are
With AI igniting an investor frenzy, more startups are achieving unicorn status every month.
What is Mistral AI? Everything to know about the OpenAI competitor
Mistral AI, which offers some open source AI models, has raised significant funding since its creation in 2023, with the ambition to “put frontier AI …
The browser wars aren’t about search anymore — here are the best alternatives to Chrome and Safari
We’ve compiled an overview of some of the top alternative browsers available today aiming to challenge Chrome and Safari.
Last chance to apply — Startup Battlefield Australia applications close July 6
If you're going to apply for Startup Battlefield Australia, now is the time. Applications close July 6, and once the deadline passes, the opportunity …
IQM, Europe’s first public quantum company, admits the future of the tech is uncertain
IQM, a full-stack quantum company out of Finland, went public on the Nasdaq today at a valuation of about $1.9 billion.