AI Startups news and analysis on Web Pulse: 10868 curated articles tracking the latest AI Startups developments, tools, and research, updated continuously from vetted sources.
Leopold Aschenbrenner's hedge fund, Situational Awareness, was forced to sell off the majority of its public positions after suffering major losses, according to CNBC. The fund, which had about $45 billion in assets at t…
Agon, a London startup building synthetic combat arenas for defence AI, emerged from stealth with $30mn in seed funding split between a $7mn pre-seed and a $23mn seed round. Backed by Lakestar, Lux Capital, Northzone, an…
Nvidia launched the Open Secure AI Alliance with more than 40 companies including Microsoft, SpaceX, and Palantir to build and share open source AI security tools, notably excluding OpenAI and Anthropic. The alliance hig…
Xsight Labs, an Israeli fabless chipmaker building networking silicon for AI data centers, raised over $300 million in a funding round led by Fidelity Investments and Atreides Management at a post-money valuation between…
Scale AI has appointed former Google Cloud executive Francis DeSouza as its new CEO, effective August 10, replacing interim CEO Jason Droege. DeSouza, who previously led Illumina and served as president of Symantec, will…
Qualcomm Incorporated completed its acquisition of Modular Inc. on July 29, roughly five weeks after announcing the deal on June 24, adding AI-native software infrastructure to its compute portfolio. Modular's platform, …
Qualcomm completed its acquisition of AI software company Modular on July 29 in an all-stock transaction valued by Axios at $3.9 billion. Qualcomm said Mojo, MAX, and Modular Cloud will continue as products and brands, a…
Nscale, a UK neocloud provider, acquired Anyscale, the company behind the open-source Ray project, for $1.65 billion according to Bloomberg, to help customers run distributed AI workloads at scale. The deal, announced Th…
ChipAgents closed a $60 million Series A2 round on July 29, bringing its total Series A to $134 million, with chipmakers Micron and MediaTek among the backers. The company's multi-agent platform compresses chip design cy…
Friend, the AI pendant that listens to users' days and offers commentary, has relaunched as Friend 2.0 with a speaker for spoken replies, priced at $249, double the original $129, according to The Verge. Founder Avi Schi…
Simile, an AI platform that simulates human behavior for enterprises, raised a $200 million Series B at a $2 billion post-money valuation, led by Greenoaks with participation from Index Ventures, Hanabi, A*, Bain Capital…
Scale AI appointed Francis deSouza as CEO, effective August 10th, replacing interim CEO Jason Droege, as the company pushes beyond training-data services into enterprise AI applications. DeSouza, former COO of Google Clo…
Meta Platforms CEO Mark Zuckerberg outlined an AI strategy backed by $115 billion to $135 billion in capital expenditures for 2026, nearly double the prior year, shifting from open-source models to proprietary systems wi…
OpenAI cut prices on its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra model by 20% on Thursday, intensifying competition as businesses scrutinize AI spending. The ChatGPT maker left its flagship Sol model unc…
Leopold Aschenbrenner's AI hedge fund Situational Awareness LP (SALP) liquidated its entire public equity portfolio around July 30, 2026, after margin pressure from losses in key positions like SK Hynix forced a single-b…
Friend relaunched its AI companion pendant on July 30 with a built-in speaker and a $249 price, up from $129, The Verge reported. The device now supports spoken conversations, requires an iPhone, and keeps memories for 3…
Microsoft CEO Satya Nadella said in an earnings call that a new super app centralizing AI tools including Copilot, Code, and Autopilots will be released by the end of summer 2026, making Microsoft the latest company to p…
Xsight Labs, the networking-silicon maker co-founded by Gal Malach and led by CEO Yossi Meyouhas, raised more than $300 million at a $2.8 billion post-money valuation, with Fidelity Management & Research Company leading …
Cognition announced on July 23 that it acquired The Interaction Company, maker of the texting-based AI assistant Poke, for a low-nine-figure valuation according to TechCrunch. Cognition plans to integrate Poke's proactiv…
Hyperscale Data (NYSE American: GPUS) announced on July 30, 2026 that it sold approximately 100 BTC for $6.5 million and established a Bitcoin-backed credit facility to finance construction and equipment at its Michigan …