AI Startups

Leopold Aschenbrenner's AI hedge fund Situational Awareness sold the majority of its public stock portfolio to Ken Griffin's Citadel after steep losses over the past month, though it retains its Anthropic shares. The fun…

Audeara's Australian wholesale revenue rose 46.4% to $2.62 million in FY26, contributing to record full-year cash receipts of $4.2 million, up 11.1% on FY25. The company advanced its AUA Technology programs across AI aud…

Microsoft shares surged more than 16% after reporting fourth-quarter revenue of $90 billion, beating analysts' expectations, driven by a 43% jump in Azure cloud business and over 30 million paid seats for Microsoft 365 C…

Simile, an AI startup founded by Stanford researchers behind the Smallville generative agents project, raised $100 million in a Series A round in February 2026 led by Index Ventures, not the $200 million Series B reporte…

Amazon reported a 37% jump in AWS revenue, driven by its Bedrock platform offering multiple AI models from providers like Anthropic and OpenAI, as CEO Andy Jassy said there will not be one model to rule the world. Jassy …

A former computer science student and current AI startup builder argues that AI applications are not mere 'wrappers' but a new 'recursion layer' on top of the OSI model, where agents self-evolve and propagate from softwa…

Leopold Aschenbrenner, a 20-something former OpenAI researcher and AI savant, is at the center of a hedge fund meltdown after his firm Situational Awareness was forced to sell most of its public equity holdings to Citade…

Beau G., founder of California startup Satyress, says his 7-foot-tall chainsaw-wielding 'centaur' robot named Threehalves is designed to make forestry and line clearing safer through teleoperation, despite sparking panic…

Nscale has agreed to acquire AI software company Anyscale in a deal valued at about $1.65 billion, adding workload orchestration software to its cloud infrastructure business. The London-based AI neocloud platform aims t…

Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness LP, saw its assets under management drop to roughly $10 billion after being forced to liquidate the bulk of its public stock portfolio to Citadel to me…

Amazon reported $53.4 billion in non-operating pre-tax other income in its latest quarterly earnings, primarily from its $13 billion investment in Anthropic, which has the potential to grow by up to $20 billion more. Ant…

Wall Street ended sharply higher on Thursday, with the S&P 500 climbing 1.66% to 7,437.63, the Nasdaq gaining 2.78% to 25,122.18, and the Dow Jones rising 1.19% to 52,208.06, as Microsoft surged over 15%—adding a record …

Leopold Aschenbrenner's Situational Awareness fund sold the bulk of its public-equity portfolio to Ken Griffin's Citadel on 30 July, following steep losses across leveraged AI positions. The sale came after the fund post…

Travis Kalanick's industrial AI company Atoms has raised $1.7 billion in a round led by Andreessen Horowitz, with Ben Horowitz joining the board. The bet is on specialized robots for food, mining, and transport rather th…

OpenAI grew annualized run-rate revenue from $6B to $20B in 2025 and reached $24B in March, while Anthropic grew from $1B to $14B over the same period and hit $47B in May, rates described as 'never before seen in the his…

Nexus Data Centers is in advanced talks to secure $15 billion in bank financing for a Texas data center campus tied to Anthropic, with Alphabet's Google providing financial guarantees and supplying TPU chips, the Wall St…

CoreWeave has revised the terms of a debt deal tied to its contracts with Anthropic after investor pushback, reflecting growing lender caution over AI-related risks. The cloud-computing startup sweetened the offering to …

Jordan Zietz, cofounder of Y Combinator-backed AI startup LemonLime, apologized after offering job interviews to anyone who got a tattoo of the company's logo at a San Francisco party, sparking a Silicon Valley backlash.…

Cardinal launched an AI revenue platform on Thursday, pivoting from its earlier document-intelligence API to an outbound sales automation product that covers prospect discovery, personalized messaging, multichannel outre…

Friend, the AI startup founded by Avi Schiffmann, has released Friend 2.0, a $249 AI pendant with a built-in speaker that responds in a mechanical voice, nearly double the price of the original. The company's marketing, …