Chinese open-source models like Kimi and Deepseek are now dominant AI tools. American startups like Thinking Machines, Reflection AI and now Poolside are trying to challenge that.
Some analysts warn that the U.S. market is too competitive. But David Vélez has built a $13 billion fortune proving the naysayers wrong.
Founders who were working on neural-signal headphones and viral presentation builders are starting over in a high-stakes race for survival and revenue.
You might not be able to get in on the IPO, but you can still get the hoodie. With AI startups like OpenAI and Anthropic in private hands, people are paying $250 for used sweatshirts on eBay to cosplay proximity to Silicon Valley’s money machine.
Cognyte, which sells technology to snoop on phone locations largely in Israel and Europe, is making inroads in America by tricking out trucks with spy tech.
Swiping took dating apps mainstream. Now a new crop of startups is betting that the next big dating platform will feel less like a feed and more like a wingman.
The AI juggernaut is all-in on the healthcare industry, launching three new products in the last six months. But it needs to make sure ChatGPT is accurate enough for the millions of people who already use it for health advice.
Young entrepreneurs are snapping up baby boomer-owned plumbing, construction, manufacturing and HVAC companies. Plus: Tips for would-be buyers and sellers.
Buying busted apps made Bending Spoons’s four cofounders billionaires. Now their stakes have collectively jumped to $8.9 billion after the Milan-based startup scrap yard listed on Nasdaq at an $18.4 billion valuation.
Amid allegations of sharing customer data with China, Australian payments startup Airwallex, now valued at $11 billion, is gunning for Stripe and Ramp.