Mercury Lands $200M at $5.2B Valuation, Doubles Down on Startup Banking
Mercury raises M Series D at .2B valuation, up 49% from 2025. The startup-focused bank now serves 300,000+ companies and…
Why a $500,000 AI Film at Cannes Matters More Than Any AI Demo You’ve Seen
ByteDance's Seedance 2.0 just premiered a 95-minute AI feature at Cannes — made by 15 people in 14 days for…
Anthropic Hits First Profitable Quarter as Revenue Doubles to .9B While OpenAI Eyes September IPO
Anthropic tells investors it will post first operating profit in Q2 2026 with revenue surging to ~.9B, marking a milestone…
Anthropic Will Pay xAI $1.25 Billion Per Month for Compute in Landmark AI Infrastructure Deal
The AI industry has reached a new level of financial complexity. A deal quietly embedded in SpaceX's recent IPO filing…
Nvidia’s Billion Startup Empire: What Jensen Huang’s Investment Spree Means for the Next Wave of AI Companies
Nvidia posted .6B quarterly revenue and revealed B in startup holdings, cementing its role as both chipmaker and venture powerhouse.…
AI Coworker Startup Viktor Hits $15M ARR in 10 Weeks – Then Raises $75M
Viktor, a Slack-native AI coworker startup, hit M ARR in just 10 weeks and raised a M Series A led…
How This Ex-Hacker Raised $28M to Build AI Defense Against AI Phishing
When AI-powered phishing meets agentic email security, a startup called Ocean is betting billions of messages per month are worth…
VC Capital Is Concentrating Faster Than Ever – What That Means for Everyone Else
Venture capital is concentrating faster than ever. In 2025, 70% of all US venture funding went to just 389 companies.…
Sequoia Bets Big on Shared AI Agents as Dust Raises $40M Series B
Paris-based Dust has raised M in Series B funding co-led by Sequoia and Abstract to build a collaborative AI agent…
Science’s Gatekeeper Takes a Stand: What ArXiv’s AI Ban Means for Startups
ArXiv is banning authors who submit AI-generated papers without verification. Here is what that means for deep tech startups building…