Michael Polansky, co-founder of Outer Biosciences, is training an AI model on living human skin tissue that his startup has kept alive outside the body for over a month, a breakthrough the company has…
Fractile, a London-based AI chip startup that supplies Anthropic, is in advanced talks to raise approximately $600 million at a pre-money valuation of $6.5 billion, a sixfold increase from its $1 bill…
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…
Palmer Luckey, the 33-year-old founder of Oculus and Anduril, says his rise from a teen dropout living in a trailer to a billionaire with a net worth over $5 billion proves the American Dream is alive…
Cognition, the AI coding company led by CEO Scott Wu, is in early talks with investors about a financing that could value it at $40 billion or more, Bloomberg reported on August 11. The proposed valua…
Cognition AI Inc. is in early talks with investors for a new funding round that could boost its valuation by more than 50% to at least $40 billion, according to people familiar with the matter. The co…
Armada, an edge AI infrastructure company with nearly $500 million in funding, is hiring an AI Engineer for its Bellevue, Washington office at a salary of $155k–193k per year. The role involves develo…
Erebor Bank, the digital national bank co-founded by Oculus founder and Anduril Industries chief Palmer Luckey, is in talks to raise approximately $1.5 billion at a valuation of at least $8 billion, n…
Paradigm, the crypto-native venture firm co-founded by Matt Huang and Fred Ehrsam, closed its fourth fund at $1.2 billion in July 2026, with a mandate expanded beyond crypto to include AI, robotics, a…
In Episode 255 of The Robot Report Podcast, Derik Pridmore, CEO and co-founder of OSARO, discussed how warehouse robotics has evolved from limited perception systems to adaptable AI-driven automation,…
Anduril Industries is in early talks to raise a new funding round at a valuation of approximately $100 billion, according to Reuters, nearly doubling its $61 billion valuation from just two months ago…
Khosla Ventures, the first outside investor in OpenAI, is in talks to raise up to $5.5 billion across a new set of funds, according to Bloomberg. The record raise would allocate about $1 billion for s…
Anthropic held acquisition talks with robotics company Physical Intelligence this spring, according to The Information, though Physical Intelligence CEO Karol Hausman denied the report. Physical Intel…
Founders Fund, the venture capital firm co-founded by Peter Thiel, has hired former OpenAI VP of Product Policy Ryan Beiermeister as a partner on its investment team, effective July 16. Beiermeister, …
State Affairs announced $70 million in total funding on July 14 to expand its AI-powered policy and regulatory intelligence platform, backed by Founders Fund, Khosla Ventures, Tru Arrow Partners and A…
A handful of elite venture capital firms, including Sequoia Capital and Menlo Ventures, are poised to reap the bulk of wealth from AI mega-IPOs such as SpaceX, OpenAI, and Anthropic, threatening rough…
Cognition Labs launched Devin, the 'first AI software engineer,' in March 2024 with a benchmark score of 13.86% on SWE-bench, but independent evaluations later showed it failed 14 out of 20 real tasks…
US venture capital hit a record $412.7 billion in the first half of 2026, but AI companies absorbed 86% of that capital, and deals over $100 million accounted for 91% of total investment, leaving non-…
Poetic, an enterprise automation startup formerly known as Forge, raised $50 million in Series A funding at a $500 million valuation, led by Kleiner Perkins with participation from OpenAI. The company…
The Bank for International Settlements is amplifying bubble warnings as tech investors face a volatile summer amid sky-high valuations, with Founders Fund's Trae Stephens saying prices are 'untethered…