AI Startups

Google DeepMind has disbanded its Nobel Prize-winning AlphaFold team, with about a quarter of researchers leaving the company, including lead John Jumper who joined Anthropic in June 2026. The Financial Times reported th…

Modus has raised $10 million in a seed round led by Insight Partners to launch the Context Warehouse, an infrastructure layer that captures how business information is actually used to give AI systems relevant context. T…

China's ChangXin Memory Technologies (CXMT) raised US$9.8 billion in a Shanghai stock offering to expand DRAM production, sending shares of rivals SK Hynix and Micron Technology lower. The CXMT debut and China's advances…

AI detection startup Pangram raised $9 million in a funding round led by Menlo Ventures to combat AI-generated content flooding the internet, as it launches its next-generation text detection model Pangram 4, which it cl…

Indie developer Bhanu grew his AI chatbot SaaS SiteGPT to $13,000 monthly recurring revenue and $500,000 total revenue since March 2023 without spending on paid marketing, using an 'engineering as marketing' strategy of …

Freehand raised $75 million to expand its AI agents that manage supply-chain spend for Fortune 500 companies, with Meta and Unilever among the clients handing their supply chains to the AI agents.

Marvell Technology is investing $250 million to expand its Bangalore facility into a dedicated AI development hub, targeting AI data center infrastructure. The company's India workforce of 1,700 employees is set to grow …

Thinking Machines Lab cofounder Lilian Weng said she is stepping down because of stress and illness, writing that she has been ill more often in the past seven months than at any other point in her life and cannot contin…

Spur Intelligence, a startup founded by former Pentagon engineers, has raised $200 million to combat fraud as generative AI makes fraudulent activity harder to trace. The company's behavioral analytics approach aims to c…

Moonshot AI, the Beijing-based startup behind the Kimi chatbot, has raised approximately $3.5 billion in its latest funding round, including a $2 billion Series D led by Meituan's venture capital arm in May 2026 that val…

Pronto, a Bangalore-based startup, straps cameras to housekeepers' heads in India to collect video footage for American AI companies, paying workers double and charging customers an extra nine rupees for the service. The…

Quanta Computer, one of the world's largest server manufacturers, received board approval on June 16 for a global depositary receipt offering that could raise between $2 billion and $2.7 billion, which would be Taiwan's …

SK Hynix reported Q2 2026 operating profit of KRW 60.54 trillion, a 557% surge from a year earlier, but missed analyst expectations of KRW 64 trillion, causing shares to slump 9.6% to 13% on the Korea Exchange on July 29…

London-based Greyparrot has raised $27 million to expand its AI-powered waste analytics platform, which uses computer vision to track and sort recycling data, arguing that the data generated by waste processing is more v…

Moonshot AI, the Beijing-based lab behind the Kimi K3 model, has closed a $3.5 billion funding round that values the company at $35 billion, far exceeding its original target of $1-2 billion, according to Bloomberg News.…

Vertiv Holdings reported Q2 2026 earnings with diluted EPS growth of 53% and adjusted diluted EPS surging 60% year-over-year, prompting the company to raise its full-year 2026 guidance across all major financial metrics …

AI server maker Quanta Computer Inc. is seeking to raise up to $2.19 billion from a sale of global depositary shares, in what would be the largest Taiwanese stock offering in 19 years. The Nvidia Corp. partner is offerin…

Chinese students like 18-year-old Guo Xinyan are increasingly using AI chatbots from Alibaba, ByteDance, Tencent, and Baidu to help select colleges and majors after the gaokao exam, as families seek free guidance in a hi…

Moonshot AI closed a $3.5 billion financing round at a $35 billion valuation, far exceeding its original $1-2 billion target, and is already pitching a follow-on round at a $50 billion pre-money valuation ahead of a Hong…

Lilian Weng, cofounder of AI startup Thinking Machines Lab, stepped down Tuesday after a stress-induced illness, highlighting burnout risks in the AI industry. Other tech leaders including OpenAI executive Fidji Simo and…