AI Startups

IBM and Together AI announced a multi-year, $240M agreement to deploy a large cluster of NVIDIA HGX B300 systems on IBM Cloud, with availability expected in Q1 2027, to scale open-source AI inference. The cluster, the fi…

River AI, a two-month-old startup co-founded by former xAI researcher Igor Babuschkin, has raised $1.1 billion in an initial funding round led by General Catalyst and Amp PBC, with participation from NVIDIA and AMD's ven…

Pathway, a startup founded by Zuzanna Stamirowska, unveiled a 150-million parameter reasoning model, BDH-CQ, claiming it achieves comparable performance to leading frontier models at a fraction of the cost. On the ARC-AG…

Sequoia Capital has committed approximately $10 billion to artificial intelligence and reindustrialization, marking the largest investment in the venture firm's 54-year history. The commitment, announced around August 6,…

River AI, founded by former xAI co-founder Igor Babuschkin, is seeking up to $1 billion in funding at a valuation of roughly $5 billion to develop personalized AI agents that users can retrain. The company, incorporated …

IPullRank, an enterprise AI Search agency based in New York City, has been named to the 2026 Inc. 5000 list of America's fastest-growing private companies, ranking No. 2647 with 94.3% revenue growth and 71.4% headcount g…

James Dacombe, 25, who dropped out of a Harrogate sixth form college nine years ago, holds a stake in his AI chip company Olix valued at about £946M ($1.27B) after the London-based inference chip designer raised $312M (£…

Activate AI, India's first AI-only venture capital fund, co-founded by Pratyush Choudhury and Aakrit Vaish, has backed Sarvam, which reached unicorn status with a valuation over $1 billion, and Choudhury personally consu…

Adam Ward, head of talent at AI coding company Cursor, said on 'Lenny's Podcast' that most companies get work trials wrong by focusing on extracting information from candidates rather than making the process two-way. Cur…

Anthropic is reportedly planning to launch its initial public offering (IPO) between September and early October, according to the Wall Street Journal, positioning it ahead of OpenAI, whose IPO may not occur until next y…

China's Unitree Robotics launched its IPO on the Shanghai Stock Exchange's STAR Market, seeking to raise about 6.1 billion yuan ($904 million) by pricing 40.45 million new shares at 150.80 yuan each, giving the company a…

Chinese AI founders are packaging American identity as a product, with Genspark's parent MainFunc curating its founders' bios to emphasize Microsoft and Google experience while omitting their Baidu tenure, and Anthropic …

Palette, co-founded by Lars Ettrup, Brian Kyed, Steffen Sommer, and Christian Lomholt, announced an EUR 3 million pre-seed round on August 11 to build an operating layer for companies using multiple AI agents. Ugly Duckl…

Chinese robot maker Unitree, formally known as Yushu Technology, has triggered an unprecedented retail investor frenzy for its $900 million Shanghai IPO, which was oversubscribed by 8,000 times, according to an August 10…

Arcade acquired Smithery on August 5th, giving co-founder and CEO Alex Salazar control of a widely used registry for Model Context Protocol tools as Arcade pushes deeper into AI agent infrastructure. Smithery co-founder …

Rippling sued AI startup Runlayer for patent infringement on August 10 in Delaware, just 13 days after Runlayer filed its own trade-secret lawsuit in New York, escalating a dispute over technology that lets AI agents acc…

Hops BioSciences, a startup spun off from Jeonbuk National University, has been selected for the Daonda Program, a global corporate collaboration initiative jointly operated by the Ministry of SMEs and Startups, the Kore…

Unitree Robotics' Shanghai IPO was 5,526 times subscribed by retail buyers, with individual investors submitting 9.8 million orders, according to an exchange filing on Monday. The Hangzhou-based company sold 40.4 million…

Pangram, a New York-based AI detection startup, raised $9 million in funding led by Menlo Ventures to expand its technology into image detection, bringing its total reported financing to roughly $13 million. Co-founders …

Anthropic, the AI company behind Claude, is targeting an IPO as late as October after confidentially filing with the SEC, with prediction markets pricing a 61% likelihood of an IPO by October 2026 and an 80.5% probabilit…