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Breaking and trending news on startups, AI, crypto, and tech, synthesized from multiple sources.
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Commonwealth Fusion Systems raised $1 billion from pension funds, sovereign wealth funds and infrastructure investors, pushing its total to $4 billion. The investor mix says more than the number does.
Nvidia lined up more than 25 enterprise software and security companies behind open-weight AI. OpenAI and Anthropic stayed out, and the split track…
Moonshot AI made Kimi K3's full weights free to download, giving developers a near-frontier model to self-host and putting new pricing pressure on…
The chip maker founded by three Harvard dropouts doubled its valuation in seven months as booked orders for its AI inference systems hit $1 billion.
The de-extinction startup is in talks to raise at $20 billion to $30 billion, roughly double or triple its early 2025 mark. The detail that matters…
Marc Lore's food tech platform Wonder raised a $650 million Series D at a $9 billion valuation, with an IPO targeted for early 2027.
Daniel Ek and Hjalmar Nilsonne's preventive health startup closed a $700 million Series C led by Lightspeed to open its first US clinics, starting…
Apple filed a federal lawsuit accusing OpenAI and two former Apple engineers of systematically stealing hardware trade secrets as the AI lab races…
Enterprise AI startup Lyzr turned its own product loose on its Series B, letting an AI agent field more than 130 investors in a $100 million raise…
Legal AI startup Norm Ai raised a $120 million Series C led by Khosla Ventures, hitting a $1.2 billion valuation on a bet that outcome-based pricin…
Sam Altman has floated contributing 5 percent of OpenAI's equity to an Alaska-style US sovereign wealth fund, a stake worth roughly $42.6 billion a…
China's Meituan released and open-sourced LongCat-2.0, a 1.6-trillion-parameter model it says was trained end-to-end on a 50,000-chip domestic clus…
OpenAI's new GPT-5.6 lineup is live, but only for roughly 20 government-vetted partners, as Washington moves to review the most powerful AI models…
The New York lab raised $320 million at a $2.3 billion valuation to turn video game footage into training data for AI agents that can move from gam…
Govtech startup Peregrine raised $250 million at a $6.8 billion valuation, nearly tripling its value in 15 months as it prepares to help secure the…
AI networking startup Upscale raised $190 million at a $2 billion valuation, with Nvidia joining a round that bets the network connecting GPUs is t…
Anthropic, the company behind Claude, has confidentially filed for an IPO less than a week after a $65 billion round valued it near $1 trillion, se…
State Street has launched SSCXX, a money market fund built to hold the reserves backing regulated stablecoins, joining a wave of Wall Street manage…
