startups
63 stories filed under this topic.
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Legora Raises $550M at $8.8B — One Month After Harvey Raised the Same Round at $15.5B
Legora's $550M Series E at $8.8B — a month after Harvey raised the identical amount at $15.5B — makes legal AI the clearest two-horse race in enterprise AI, with $200M+ in ARR each to show for it.
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OpenAI Took ChatGPT Ads to 89 Countries — and Its Ad Business Is Growing Faster Than Google's Ever Did
OpenAI expanded ChatGPT ads to 26 more countries on Wednesday, taking the program to 89 markets with 100,000+ advertisers — a revenue engine that hit a $1 billion run rate in under 200 days.
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Europe Just Made Its Biggest Bet Yet on a French Excel Killer — and Nvidia Wants In Too
Pigment raised $250M at a $2.3B valuation in a round led by the EU's new €5B Scaleup Europe Fund, with Nvidia investing — a bet that AI agents, not spreadsheets, will soon run corporate planning.
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"Tether Puts $15M Into Mural — the Startup Building Money Rails for AI Agents"
"Tether led a $15M Series A for Mural, whose infrastructure lets AI agents move money across banking networks and blockchains. With $2.1B already processed and 2026 volume running 6x last year, it's a bet that agentic finance gets its own plumbing — not a bank login."
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Walmart Rolls Out the Red Carpet for AI Shopping Agents — Right as Amazon Slams the Door
Walmart unveiled Agent Profiles and a direct Agent Gateway so ChatGPT, Gemini, and Muse can shop Walmart and Sam's Club on your behalf — a deliberate contrast with Amazon, which is busy walling its platform off from third-party agents.
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Anthropic Is Buying a Second $45 Billion Data Center — and the First One Doesn't Exist Yet
Bloomberg reports Anthropic is in advanced talks for a second roughly $45 billion compute lease from Nscale — another 460MW of Nvidia Vera Rubin GPUs at the Monarch campus in West Virginia, before the first deal's hardware even ships. It's the AI race in miniature: demand is signed before the concrete is poured.
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Nvidia Pledged $10 Billion to Europe — and Germany Handed It the Factory Floor
Jensen Huang's appearance at Berlin's Invest in Germany Summit came with startup investments, a government "physical AI" pact, and a pitch to the Mittelstand: hand over your production data. Europe's AI sovereignty push is increasingly running on Santa Clara hardware.
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OpenAI Wants $30 Billion Before Anthropic's IPO — and It's Racing the Clock
OpenAI is accelerating a roughly $30 billion financing round at a valuation above $1.4 trillion, aiming to lock in commitments before Anthropic's mid-November IPO puts both labs in front of the same investors.
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Otter.ai Just Raised $320 Million Without Selling a Single Share
Otter.ai pulled in $320 million from General Catalyst's Customer Value Fund — non-dilutive capital that gets repaid from marketing spend — giving the decade-old meeting notetaker a war chest to fight Fireflies, Granola, and Read AI for the transcript-to-workflow prize.
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SpaceX Made $4.4B Last Quarter — Mostly by Renting GPUs to Its Rivals
SpaceX turned a $4.4 billion profit as AI revenue jumped ninefold to $7.6 billion — and the money came from renting data-center capacity to Anthropic, Google, and Reflection AI, the same labs its own Grok is losing to.
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Amazon Will Pay to Build 12 Nuclear Reactors on a Demolished Indiana Coal Plant
Amazon will fund development of a 960-megawatt nuclear plant in Indiana — 12 X-energy small modular reactors on the former Breed coal site — and buy its power first, though the timeline hinges on X-energy's first plant, which hasn't broken ground yet.
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"Anthropic Pledges 5% of Its Shares to a Public Benefit Fund — and the Share Grows as It Does"
"Anthropic will commit 5% of its shares to a new public benefit fund, with the board able to add more as the company's value rises — one of the largest corporate equity pledges tied to AI's social costs, made weeks before an expected IPO."
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Disney Goes From Suing Character.AI to Hiring Most of Its Workforce
The company that once threatened Character.AI over its cartoon characters is now offering jobs to the majority of its employees — at an estimated $60 million in annual compensation — as part of its bid for the bankrupt chatbot startup.
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doubleAI Debuts "Code Execution Models" — AI That Speeds Up Software as It Runs
doubleAI, the new AI venture from Mobileye co-founder Amnon Shashua, unveiled a new category of AI — Code Execution Models — that live inside running programs and optimize machine instructions on the fly, claiming up to 38x speedups on real-world data pipelines.
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OpenCode Breach May Have Leaked Developers' OpenAI, Anthropic, and Google API Keys
An intruder reached OpenCode's systems on October 16 and may have exposed provider API keys saved in OpenCode Console — keys that let anyone run up a bill on the owner's account. OpenCode told affected users to revoke them.
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Tenstorrent Said No to an Acquisition — Then Raised $1.5B at a $6.2B Valuation to Take on Nvidia
Jim Keller's chip company more than doubled its valuation from 2024 and pulled in $1.5 billion led by Trace Capital and Innovation X — after reportedly walking away from takeover talks with Intel and Qualcomm. The bet: open RISC-V silicon, sold at every size.
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Town Just Became a Unicorn Four Months After Launch — Betting Your AI Assistant Shouldn't Work Alone
Town raised a $108 million Series B at unicorn status, four months after publicly launching its "Townie" AI assistants — personal agents that talk to each other, and now to people outside the company.
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DeepSeek Calls V4.1-Flash-1017 a Minor Update — Then It Took the Top Open Spot on Code Arena
DeepSeek's "small update" to V4.1-Flash jumped 11 points on Terminal-Bench, took the #1 open-model spot on Code Arena's WebDev board, and drew "new pareto frontier" praise from an independent browser-agent benchmark — all at a fraction of Claude's cost.
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Microsoft Walks Away From Nscale's Loughton Data Center — Because the Grid Can't Power It
Microsoft terminated its agreement for Nscale's data center in Loughton, Essex — not over price or tech, but because the UK grid reportedly can't supply power to the site until the 2030s.
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Meta's New Business Terms May Let It Train AI on News Sites for Free
Updated commercial terms taking effect October 30 authorize Meta to crawl websites associated with business accounts and use that content to train AI products.