Tencent is in talks to acquire a majority stake in AI agent startup Manus at a $2 billion valuation, after Beijing blocked Meta's earlier acquisition attempt. The deal would support Tencent's plans to…
Tencent is in talks to become the largest shareholder of Manus, an AI startup that Meta had agreed to acquire for over $2bn before Beijing blocked the deal on national-security grounds. A consortium o…
Tencent is leading a consortium of Chinese investors to buy back AI agent startup Manus from Meta at the original $2 billion valuation, after China's National Development and Reform Commission ordered…
Ollama raised $65M in Series B funding led by Theory Ventures, bringing total funding to $88M, and launched a cloud tier alongside its free open-source local AI tool. The company, used by 8.9 million …
AI training data startup Mercor is in early talks to raise new capital at a $20 billion valuation, double its October 2025 valuation, as co-founder Brendan Foody reports annualized revenue run rate ha…
Jeff Morgan and Michael Chiang's Ollama raised a $65 million Series B led by Theory Ventures, bringing total funding to $88 million. The open-source AI developer tool, used by over 8.9 million develop…
Ollama raised $65 million in Series B funding led by Theory Ventures, bringing its total funding to $88 million, as the open-model runner now serves nearly 9 million monthly developers. The company pl…
Ollama raised $65 million in Series B funding led by Theory Ventures, bringing its total funding to $88 million, as the open-source AI infrastructure company reported nearly 8.9 million monthly develo…
Ollama, an open-source tool for running AI models locally, raised $65 million in a funding round led by Benchmark. The company aims to scale its developer platform to 9 million users, capitalizing on …
Ollama, an open source AI developer tool, raised $65 million in Series B funding led by Theory Venture, bringing its total funding to $88 million. The company, which helps developers run open-weight A…
Ollama, an AI platform that simplifies running open-source models locally, has reached 8.9 million developers and is used by 85% of the Fortune 500. The company raised $65 million in Series B funding …
Startups like Starcloud are racing to build AI data centers in orbit, with Starcloud launching a satellite carrying an Nvidia H100 GPU that trained a language model in space. The company raised $170 m…
Greptile's analysis of OpenClaw, an open-source repository, reveals pull requests surged from two per week to 3,400 per week, while merge rates plummeted from 48% to below 9.3%, with one contributor s…
Menlo Ventures raised $3 billion, its largest fund in 50 years, fueled by a single bet on Anthropic now worth about $14 billion. The firm split the capital into early-stage and growth funds to back AI…
Sierra co-founder Bret Taylor predicted consumers will prefer businesses using AI phone agents over traditional call centers within three to four years, setting a 2029-2030 deadline for a major labor …
Meta has begun dismantling its $2 billion acquisition of Chinese AI startup Manus, cutting off data sharing and access to internal systems, after Beijing ordered a divestiture on national security gro…
Bill Gurley, a former Wall Street analyst and Benchmark partner who served on Uber's board and now studies complexity at the Santa Fe Institute, shared the mental models he relies on most including sy…
Benchmark has closed $2bn across two new funds, including a $1.25bn growth fund, its first dedicated to later-stage investments, alongside a $750m early-stage vehicle. The move breaks the firm's long-…
Venture capitalist Bill Gurley said job satisfaction is a key driver of personal agency and productivity, urging workers to prioritize enjoyment over external judgments. Gurley also argued that embrac…
The article argues that "Contracted Annual Recurring Revenue" (CARR) is a misleading metric used by startups to inflate their financial figures, often reporting revenue from multi-year contracts with …