Archive snapshot · Startups
Sat, Aug 15, 8:29 PM ET
SpaceX closes $60B acquisition of AI coding startup Cursor
The deal gives SpaceX the AI coding platform and one of the world's largest GPU fleets, positioning it to compete with OpenAI and Anthropic.
TechCrunch · +15 outlets
Anthropic eyes IPO that could value it at up to $2 trillion
Reports suggest the AI company's October IPO could be the largest in history, with revenue projections of $200 billion by 2028.
조선일보 · +14 outlets
Databricks crosses $7B ARR, closes $5B funding round at $190B valuation
The data and AI company grew over 80% year-over-year and raised a strategic round led by Coatue.
SaaStrAI · +4 outlets
OpenAI's revenue run rate tops $40 billion
The milestone comes just months after the company's revenue run rate doubled, signaling rapid AI market growth.
Startup Fortune · +14 outlets
Woman claims stepfather used Grok to transform childhood photo into explicit imagery
The incident raises concerns about AI tools being used to generate child sexual abuse material from personal photos.
TechCrunch · +2 outlets
Talks to sell PayPal to Stripe and Advent heat up
PayPal continues negotiations for a potential sale as its new CEO attempts a turnaround.
TechCrunch · +10 outlets
AI models are most confident when wrong, eval harness finds
A new evaluation methodology reveals a critical flaw in LLM development that most teams skip.
VentureBeat · +5 outlets
Anthropic shares more details about Claude's new watermarks
The company details how its invisible watermarking for AI-generated content will work and its limits.
TechCrunch · +4 outlets
Chinese AI startup Z.ai releases GLM-5.3 with advanced cyber capabilities
The model reportedly already found a serious vulnerability in Cursor, highlighting its cybersecurity potential.
VentureBeat · +5 outlets
Self-driving trucks officially testing on California highways
Aurora Innovation and Kodiak AI received permits from California DMV to operate autonomous trucks on highways.
TechCrunch · +2 outlets
Uber and Pony.ai plan to bring 2,000 robotaxis to Europe
The partnership expands beyond Zagreb to four additional European cities with a fleet of autonomous taxis.
TechCrunch · +14 outlets
Joshua Kushner chides Silicon Valley VCs over AI euphoria
Thrive Capital's founder warns against letting excitement weaken investment discipline in AI.
TechCrunch
China forces Meta to unwind $2B acquisition of Manus AI
Chinese regulators block Meta's acquisition of the AI startup, citing national security concerns.
Startup Fortune · +12 outlets
Hyperscalers might regret embracing natural gas, new forecast warns
Natural gas prices could triple in parts of the U.S., potentially saddling AI data center operators with massive bills.
TechCrunch
Google will allow users to remove visible watermark from AI generations
Turning off the visible watermark does not affect invisible benchmarks used to identify AI-generated files.
TechCrunch · +8 outlets
Lovable raises $400M in large European AI funding round
The Swedish AI startup's Series C is among Europe's largest this year as Swedish startups secure €1.21 billion.
Tech.eu · +14 outlets
RedotPay shelves $1 billion IPO after Binance sues over 470,000 users
Legal action from Binance derails the crypto payments firm's plans for a public listing.
Startup Fortune
Peak XV leads $45M Series B in Blacksmith at $550M valuation
The AI code testing platform raises a significant round from the prominent Indian venture firm.
BWDisrupt · +4 outlets

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