Binance pauses withdrawals as hackers suspected of stealing billions in crypto exchange breach
A cyberattack on the world's largest crypto exchange reportedly siphoned off billions, prompting a halt to customer withdrawals.
TechCrunch · +14 outlets
Kalshi raises $1B at $40B valuation as it expands beyond prediction markets
The prediction-market platform's jumbo round reflects growing investor appetite for event-based trading products.
Reuters · +9 outlets
Cognition weighs new funding round at $70B to $80B valuation
The AI coding startup behind Devin is seeking a fresh round just months after its last raise.
Business Insider · +3 outlets
Amazon reports booming AWS cloud revenue but misses expectations on negative free cash flow
AWS strength was offset by overall weakness, including $2.4 billion of negative free cash flow, while Jassy touted a path to $1 trillion in AWS revenue.
TechCrunch · +14 outlets
Upwind raises $400M at $3.8B valuation after rejecting Datadog acquisition offer
The cloud security startup more than doubled its valuation and said revenue quadrupled in 2026.
Dealroom · +14 outlets
OpenAI-backed Thrive Holdings acquires ADT in $15.3B deal to bring AI to home security
The acquisition would fold a legacy home security giant into an OpenAI-affiliated holding company.
TechCrunch · +4 outlets
FuriosaAI quadruples valuation to $2.9B with $620M raise in Nvidia chase
The South Korean AI chipmaker's large round signals continued investor interest in Nvidia alternatives.
Tech in Asia · +5 outlets
Cohere raises at over $20B valuation with backing from Canada and Nvidia
The enterprise AI model developer's round pairs sovereign and strategic chipmaker investors.
Bloomberg.com · +6 outlets
Anthropic S-1 shows $16.3B first-half revenue; Broadcom backs chip debt, Microsoft offers buyouts to 27% of staff
A roundup of the week's dominant AI business news, including a $95B Meta equity raise and a push against Chinese open-weight models in the US.
Saastr · +9 outlets
Rivian expands VW joint venture to include AI assistant; R2 SUV becomes best-seller
Rivian deepened its software tie-up with Volkswagen and raised guidance on strong R2 sales.
TechCrunch · +1 outlets
Cognizant eyes stake in Sarvam AI as sovereign AI startup seeks $300M at $3.5B to $4B valuation
The reported talks highlight growing demand for India-focused AI model builders.
Business Upturn · +1 outlets
Nvidia backs Bengaluru AI inference startup Simplismart in $14M Series B at $100M valuation
The company says its software helps companies run AI models more efficiently, with revenue reportedly up 14-fold.
AI Insider · +14 outlets
Mistral releases weights for trillion-parameter AI model targeting cybersecurity
The open-weights release lets organizations run cyber defenses under their own control.
TechCrunch · +4 outlets
Reddit shifts to a logged-in experience as search traffic dries up
The platform is rethinking open-web access as AI reshapes how people find information.
TechCrunch · +7 outlets
GM reaches $220M settlement over selling drivers' private data
The settlement requires GM to obtain express consent before collecting or sharing driving and location data.
TechCrunch · +12 outlets
Ex-Palantir execs launch Dream with $17M from a16z to build AI world models for construction
The startup trained its model on more than 100 million square feet of building data from US permit archives.
TechCrunch · +1 outlets
Casap raises $56M to help banks stop first-party fraud using AI
The financial AI startup targets an explosion in customer-driven card fraud.
Ventureburn · +1 outlets
Serval raises $150M Series C at $3B valuation to hire over 500
The large round and hiring plan reflect continued appetite for enterprise IT services startups.
Unite.AI · +1 outlets