Norm Ai Raises $120M at a $1.2 Billion Valuation
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…
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Breaking and trending news on startups, AI, crypto, and tech, synthesized from multiple sources.
OpenAI Pitches Giving the US Government a 5% Stake
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…
Meituan Open-Sources LongCat-2.0, Trained on Chinese Chips
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 Limits GPT-5.6 Sol Launch to Government-Approved Partners
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…
General Intuition Raises $320M to Train AI on Gameplay Data
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…
Peregrine Raises $250M Series D at $6.8 Billion Valuation
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…
Upscale AI Raises $190 Million as Nvidia Joins the Round
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 Files Confidentially for an IPO at a Near-Trillion-Dollar Valuation
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 Launches Stablecoin Reserve Fund Under GENIUS Act
State Street has launched SSCXX, a money market fund built to hold the reserves backing regulated stablecoins, joining a wave of Wall Street manage…
Bezos-Backed Prometheus Raises $12 Billion to Build AI for the Physical World
Prometheus, the physical AI startup co-founded by Jeff Bezos, raised $12 billion at a $41 billion valuation to build an artificial general engineer…
Cyera Raises $600 Million, Doubling Its Valuation to $12 Billion
Data security startup Cyera raised $600 million at a $12 billion valuation, roughly doubling its price tag in five months as investors keep paying…
Stablecoin Compliance Startup Range Raises $8.3M Series A
Range raised an oversubscribed $8.3 million Series A to build a control layer for money moving across stablecoin and fiat rails, in a deal that sig…
Impulse Space Raises $500 Million to Build the Space Economy's Last Mile
Impulse Space raised $500 million at a $4.26 billion valuation to build orbital transfer vehicles, betting that cheaper launch has created a new bo…
