Stripe agrees to buy AI model router OpenRouter for more than $7 billion
The deal would put a payments company in control of a key layer that routes developer traffic between AI models.
Startup Fortune · +14 outlets
SpaceX reportedly nears $60B acquisition of AI coding startup Cursor
A deal of this size would be among the largest ever for an AI startup and would mark a major defense and aerospace entry into developer tooling.
Stocktwits · +7 outlets
Character.AI files for bankruptcy after $10B valuation; Disney bids $20M for its IP
The collapse from a reported $10 billion valuation to a $20 million asset bid underscores the volatility of consumer AI startups.
KuCoin · +2 outlets
Qualcomm reportedly in advanced talks for $4B acquisition of AI startup Modular
The deal would extend Qualcomm's push into AI software and compiler tooling beyond its chip business.
Stocktwits · +3 outlets
Intel and Qualcomm both court Jim Keller's AI chip startup Tenstorrent
Interest from two major chipmakers highlights the strategic value of Tenstorrent's RISC-V and AI accelerator designs.
Startup Fortune · +4 outlets
Ramp raises $1.85B at $60B valuation
The corporate spend platform's round shows investors still funding fintech at scale despite a cooling venture market.
Wowtale · +14 outlets
AI cloud Modal Labs raises $750M Series D
The round signals that AI infrastructure remains the biggest draw for large venture checks even as overall startup funding cools.
Data Center Dynamics · +12 outlets
Intuit to acquire UK AI fintech Sequence in reported $200M deal
The exit is reported to be one of the largest by a UK AI startup with a female co-founder.
Tech.eu · +4 outlets
Cult.fit gets SEBI approval for IPO with fresh issue of up to Rs 950 crore
The Indian fitness chain's listing will test public market appetite for consumer health startups after its losses nearly halved.
Indian Startup News · +14 outlets
Optical switching startup Salience Labs raises $125M with AMD and Intel participating
Chipmaker participation in the round signals interest in optical interconnects as data center bandwidth demands grow.
BeBeez International · +5 outlets
Anduril reaches $90B valuation in under 10 years
The defense startup's rise reflects surging private capital into military technology.
EurAsian Times · +7 outlets
AI startups now take 82.7% of US venture capital dollars
The concentration shows how thoroughly AI has reshaped where venture funding flows.
Startup Fortune
Replit makes OpenAI its default model provider over Anthropic, CEO says
The switch shows how model providers compete for distribution through coding platforms, with Claude still available to Replit customers.
TechCrunch · +3 outlets
SpaceX reportedly nears $60B Cursor deal as AI startup outlines rebranding
The reported deal has drawn attention to Cursor's founder and Pakistan's role in the company's success.
TechJuice · +2 outlets
Monzo turns down Nubank and shops a stake to CVC and Advent
The UK neobank is weighing its options as consolidation and investment interest in digital banking intensifies.
Startup Fortune · +3 outlets
Oxford spin-out OMass Therapeutics lands €275M Series C
The oversubscribed round is one of Europe's largest biotech financings this week, led by Bain Capital.
Eu-startups · +2 outlets
Replit CEO says the future of work is the 'self-driving company'
The vision of AI agents running day-to-day operations reflects broader bets on agentic enterprise software.
TechCrunch
Anthropic says its workforce has become less junior and spends more time in meetings
The internal shift offers a rare look at how AI labs' hiring and work patterns are changing.
TechCrunch · +1 outlets