The U.S. Department of Justice (DOJ) has launched an investigation into venture capital firm Andreessen Horowitz (a16z) over potential antitrust violations related to its board seats in competing AI a…
Rillet, an AI accounting software maker, raised $100 million in a Series C round led by ICONIQ, valuing the company at $1 billion after its annualized revenue rate doubled in one quarter. The company,…
Devoted Health, a Waltham, Massachusetts-based Medicare Advantage startup, is in talks to raise a new funding round at a $25 billion valuation, up from its $16 billion valuation earlier this year, acc…
Andreessen Horowitz (a16z) reaped combined outcomes exceeding $8 billion from SpaceX's $60 billion acquisition of Cursor and Stripe's approximately $8 billion acquisition of OpenRouter, on total inves…
San Francisco-based legal tech provider Harvey, backed by OpenAI, Sequoia Capital, and Andreessen Horowitz, announced Thursday that its new model, Harvey Tenet, was post-trained on Moonshot AI's open-…
Crypto firms, artificial intelligence companies, and online gambling businesses drove a record $517 million in corporate election spending on 2026 U.S. races, surpassing the $461 million corporations …
Corporate spending on US congressional races reached $517 million in the 15 months through the first quarter of 2026, already exceeding the $461 million spent over the full 2024 cycle, driven by crypt…
Investor Chamath Palihapitiya warned in an August 20 X post that political backlash against AI data centers could cost the US 200 to 300 basis points of annual GDP if disputes continue, citing early r…
Stripe agreed Wednesday to acquire OpenRouter, a model routing platform co-founded by Alex Atallah in 2023, in a deal that values the company at a multibillion-dollar figure. The acquisition follows a…
Stripe confirmed on Wednesday it will acquire OpenRouter, a platform that lets developers access multiple AI models through a single API, in a deal valued at over $7.5 billion, with $1.5 billion going…
Rillet, an AI-native accounting platform, raised $100 million in Series C funding at a $1 billion valuation, led by ICONIQ, bringing total funding above $200 million. The company, which emerged from s…
Temporal Technologies, a durable execution platform founded in 2019, is in talks to raise approximately $500 million at a valuation exceeding $12 billion, according to Bloomberg. The company, which co…
Andreessen Horowitz (a16z) announced the 50 fellows selected for its inaugural 8-week Talent Engineer Fellowship, an AI-focused program for talent leaders building AI-native recruiting systems. The co…
U.S. venture capital funding reached a record high in the first half of 2026, but 86% of it went to AI companies, up from 65% last year, with OpenAI and Anthropic alone capturing 53% of all venture do…
Toronto-based AI startup Blueprint has raised $1.4 million CAD in funding, backed by Andreessen Horowitz (a16z), to develop a platform that enables users to turn text prompts into hardware prototypes,…
U.S. semiconductor startup Etched has raised $700 million at a valuation of $21 billion, more than double its previous valuation of $10.3 billion from a $300 million Series C round in July. Jane Stree…
Temporal Technologies is in talks to raise approximately $500 million at a pre-money valuation of at least $12 billion, according to Bloomberg, just six months after its $5 billion valuation from a $3…
Rillet, an accounting automation startup, raised $100 million in Series C funding at a $1 billion valuation, doubling its valuation from its $70 million Series B in August 2025. The company, founded b…
Rillet, an AI-native accounting startup, has raised $100 million in a Series C funding round at a $1 billion valuation, bringing its total funding to over $200 million. The round was led by ICONIQ wit…
Rillet, a two-year-old AI-native accounting startup, has raised a $100 million Series C at a $1 billion valuation, led by ICONIQ with participation from Sequoia Capital, Andreessen Horowitz, Oak HC/FT…