River AI banks $1.1B from General Catalyst for personal AI push
River AI, founded by ex-xAI co-founder Igor Babuschkin, has banked $1.1 billion to build user-owned AI on open-weight models.
Pentagon lends battery startup Sila $1.4B to cut China reliance
The Pentagon is lending battery maker Sila $1.4 billion to expand silicon anode production and break China's grip on the…
Wisk Aero lands under Archer as Boeing swaps units for stock
Archer Aviation is absorbing rival Wisk Aero plus two Boeing drone units in exchange for a 16.5% stake in the…
Mistral sells five-year compute pledges to fund 1GW European buildout
Mistral AI is selling five-year compute commitments to European enterprises to fund a 1 gigawatt AI infrastructure buildout by 2030.
Kyoto Fusioneering begins Unity-3 build to test fusion fuel blankets
Kyoto Fusioneering has started building Unity-3, a test device that will validate fusion breeding blanket technology with Oak Ridge National…
Unicorn minting rebounds as 195 startups hit $1B in six months
Some 195 startups reached unicorn status in the first half of 2026, already outpacing all of last year.
Deposits quadruple as Luckey-backed Erebor eyes $8B valuation
Palmer Luckey-backed startup bank Erebor is negotiating a $1.5 billion raise at an $8 billion valuation as deposits quadruple.
Robinhood Ventures Fund II backs the plumbing for an agent economy
Robinhood Ventures Fund II, the retail brokerage’s second venture vehicle, is set to list on the NYSE under the ticker…
Eden Robotics sells multi-use autonomous robots as a service
Eden Robotics sells autonomous robots as a service, letting facilities rent multi-use machines instead of buying them, and it sits…
Voxel Energy pairs solar with repurposed batteries for AI data centers
Voxel Energy is building data centers powered by solar generation paired with repurposed battery storage, and it sits in Robinhood…
