Zepto pauses IPO, raises pre-IPO funding at $4.5B valuation
Indian quick-commerce startup Zepto paused its IPO plans after public investors balked at its $7B price tag, instead raising a pre-IPO round at a $4.5B valuatio
Startup Fortune · +11 outlets
Qualcomm reportedly in advanced talks to acquire AI startup Modular for $4B
Qualcomm is reportedly in advanced talks to acquire Modular, whose software could help break Nvidia's grip on AI, in a deal valued around $4 billion.
Stocktwits · +7 outlets
Index Ventures raises $3.5B to expand AI and Israeli startup investments
Index Ventures raised $3.5 billion in new capital to invest in AI and Israeli startups, underscoring continued venture appetite for the sectors.
calcalistech.com · +1 outlets
CuspAI secures $2.6B valuation with Bezos, Nvidia, Meta backing for AI chip materials
CuspAI reached a $2.6B valuation with backing from Jeff Bezos, Nvidia, and Meta for its AI-driven chip materials initiative.
Crypto Briefing · +1 outlets
SpaceX IPO fueling new wave of space startups, earnings and lockup unlock due
SpaceX's public listing is catalyzing a wave of space startups, with its first earnings report and a $116B lockup unlock coming this week.
Fortune · +1 outlets
Israeli startups raised $1.5B in July as enterprise AI investment surges
Israeli startups raised $1.5 billion in July, with enterprise AI attracting the bulk of investment, though exit outcomes reveal costs of the funding boom.
calcalistech.com · +3 outlets
Moonshot AI valuation hits $35B after Kimi K3 launch
Chinese AI startup Moonshot AI's valuation surged to $35 billion following the release of its Kimi K3 model.
Memeburn · +5 outlets
OpenAI will reserve portion of IPO shares for retail investors
OpenAI plans to set aside part of its upcoming IPO for retail investors, signaling a broad public demand strategy.
Y100 WNCY · +14 outlets
AI startup Simile secures $200M Series B, reaches unicorn status
Simile, an AI synthetic user startup, raised $200M in Series B funding, seeing its valuation surge 20x in five months to unicorn status.
N24 Haber · +2 outlets
Chinese chipmaker CXMT surges 466% on debut, overtakes ICBC
Chinese memory chipmaker CXMT saw its stock surge 466% on its trading debut, overtaking ICBC in market cap.
Startup Fortune · +3 outlets
Expedia acquires AI travel startup Layla
Expedia bought Layla, an AI travel startup, signaling how AI is reshaping the travel booking industry.
eTurboNews · +5 outlets
Etched lands SK Hynix investment for custom AI inference chips
AI chip startup Etched secured an investment from SK Hynix after betting big on custom inference chips.
TechRadar · +3 outlets
Malaysia reportedly shutting down Balaji Srinivasan's Network School
Malaysian authorities are reportedly shutting down Network School, Balaji Srinivasan's 'frontier community for techno-optimists'.
TechCrunch · +2 outlets
Former Palantir and Torq veterans raise $8M seed for AI agent security
A startup founded by former Palantir and Torq veterans raised $8 million in seed funding to secure the rise of AI agents.
calcalistech.com
Sam Altman calls for slowing AI development, discusses parenting via ChatGPT
OpenAI CEO Sam Altman is urging the industry to pace AI development while also promoting ChatGPT as a parenting tool.
TechCrunch · +3 outlets
Indian startup funding fell 67% to $662M in July after June surge
Indian startup funding dropped sharply to $662 million in July from the previous month, though weekly and roundup data shows ongoing deal activity.
ascendants.in · +4 outlets
Microsoft raises Xbox prices by up to 43%
Microsoft is increasing Xbox console prices by up to 43%, a significant hike across global markets.
Hacker News · +14 outlets
Global memory shortage hits MacBook Air availability
A global memory chip shortage is affecting the availability of Apple's MacBook Air, its most popular Mac model.
TechCrunch · +14 outlets