Every accelerator makes a version of the same offer: capital, mentorship, a network, three months of support, and materially better odds of survival. Evidence suggests that little of it actually works. In April, Youn Baek and Deepak Hegde of NYU Stern …
DeepSeek has suspended its second fundraising round after comments made by founder Liang Wenfeng during private investor meetings were leaked and went viral on Chinese social media, Bloomberg reported on Friday. Liang verbally informed prospective back…
Genesis AI, the startup building foundation models that it hopes will run inside a wide range of robots, is in talks to raise about $500m, according to Bloomberg. A round of that size would value the company at roughly $3bn, capping a fast climb for a …
Nvidia has agreed to give Amkor Technology a $1.5 billion prepayment to expand advanced semiconductor packaging and testing in the United States, tightening a supply relationship that already sits behind its data-centre chips. The agreement, announced …
Cathedral, a stealth military cybersecurity startup founded by four former Department of Government Efficiency staffers, has raised $160 million at a $1.4 billion valuation. Andreessen Horowitz and Sequoia Capital led the round and both took board seat…
Travis Kalanick is back, and Uber is helping to fund him. The founder Uber forced out in 2017 has raised $1.7 billion for Atoms, an industrial-AI and robotics company he has built in near-total stealth for years. Andreessen Horowitz led the round. Its …
Etched has a simple pitch. Nvidia builds chips that do everything. Etched builds chips that do one thing, inference, and claims to do it far better. On Thursday the bet got a lot more money behind it. The startup raised $300 million in a Series C round…
Thailand does not usually feature in the story of the AI boom. This year it does. Foreign firms applied to invest 1.37tn baht, about $40.6bn, in the first six months of 2026, the country’s Board of Investment said on Thursday. That is up 80% on a year …
Vinod Khosla likes to be early. His firm was the first outside investor in OpenAI, back when that was a strange thing to be. Now Khosla Ventures is raising money to do it again, at a scale it has never tried. The firm is in talks to gather as much as $…
Google spent years as a low-key backer of SpaceX. This week it showed what that patience is worth. In a quarterly filing, Alphabet said its Google unit holds $94.1bn in SpaceX shares, following the rocket company’s record IPO. Google was an early inves…