AI Startups With No Revenue Are Using This Tactic To Supersize Their Valuations

Funding rounds where VCs can invest at wildly different prices are helping AI founders raise unprecedented amounts of money at sky-high valuations, before they even have a product.

How This New Fintech Billionaire Is Cashing In On Cross-Border Payments

Amid allegations of sharing customer data with China, Australian payments startup Airwallex, now valued at $11 billion, is gunning for Stripe and Ramp.

Russia Hacked A Dissident’s iPhone With Banned Israeli Tech, Records Show

Israeli surveillance company Cellebrite ended sales to Russia in early 2021. A few months later, Russia used its tech to search a prominent opponent of the regime, new research indicates.

China’s Self-Reliance Drive Powers 1,200% IPO Surge, Minting A New Billionaire

Wang Bing, chairman and CEO of semiconductor component maker Chongqing Genori Technology, has amassed a fortune of $4.7 billion as shares soared almost 1,200% after its Shanghai listing.

Singapore Video Startup Founded By Tencent’s Former AI Head Bets Big On World Models

Fresh off an $80 million round from investors including AMD and Hyundai Motor, Video Rebirth is competing shoulder-to-shoulder with tech giants atop a major AI video leaderboard. Now it’s building a world model that can create real-time interactive 3D …

Top Hospitals By State 2026: Methodology Summary

For the first time, Forbes will rate the top hospitals in each state. Find out the details of this new list’s methodology and upcoming publication here.

AbbVie’s $11 Billion Immunology Bet

In this week’s edition of InnovationRx, we look at AbbVie’s new megadeal, an agentic AI startup saving Medicare $2 million a week, how new student loan rules could degrade healthcare and more.

Why Two Harvard MBAs Chose Luxury Travel, Not Wall Street

Two Harvard MBAs turned a Morocco student trip into The Travel Collection, a luxury travel network testing how DMCs can scale without losing local trust.

Pandemic Darling Hopin Was Sold For Scraps. Now Its Founder Is Working On An AI Device

Johnny Boufarhat’s virtual events startup Hopin soared to a $8 billion in 2021 but the business was sold for parts just two years later. He’s back with a new AI gadget startup Sedona

These 29-Year-Olds’ AI Chatbot For Scheduling Doctor Visits Is Now Worth $1.2 Billion

Scheduling doctor appointments is its own form of hell for both physicians and patients. Assort Health’s AI fix helped it raise its third venture round in 14 months.