AI Startups news and analysis on Web Pulse: 6446 curated articles tracking the latest AI Startups developments, tools, and research, updated continuously from vetted sources.
SoftBank Group is struggling to find Latin American startups ready for major investments, completing only two new deals in the past two years as the region's tech boom cools. Managing partner Alex Szapiro said it is hard…
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal, minting four MIT classmates in their mid-20s as multibillionaires. Each co-founder owns about 9% of Cursor, worth $5.5 billion, as t…
OpenAI's ChatGPT lost its majority share of the AI assistant market for the first time, dropping to 46.4% as of May 31, according to Sensor Tower data. The decline follows OpenAI's controversial Pentagon deal, a shift to…
A developer created a free alternative to Crunchbase by using AI agents to research startups and compile detailed profiles, addressing the $49/month cost barrier. The platform includes measures to reduce AI hallucination…
The UK Department for Science, Innovation and Technology announced plans to use public-sector procurement of AI systems to boost domestic AI hardware companies, citing the AI Research Resource supercomputer and AI Growth…
HSBC announced a multi-year strategic partnership with Google Cloud to deploy artificial intelligence across its global operations, targeting roughly 200 new AI initiatives over two years, each expected to generate over …
A developer at the lablab Band of Agents Hackathon is building an AI-powered invoice collection system for small businesses. After identifying a gap in the market for handling overdue payments in the $2,000-$20,000 range…
A nine-person team at Chinese social media company Sina Weibo developed VibeThinker-3B, a 3-billion-parameter language model that matches the reasoning performance of flagship AI models hundreds of times larger, scoring …
The US government has declined to add Chinese AI firm DeepSeek to its trade blacklists despite documented national security concerns, state-level bans, and congressional legislation. Federal officials say there is 'nothi…
Eugenia Kuyda, founder of Replika and Wabi, says AI has made hiring junior engineers too expensive for startups, predicting job losses and protests. She argues that AI tools like Wabi's vibe-coding app will replace many …
Databricks reported $6.9 billion in annualized recurring revenue, up 80% year over year, widening its lead over Snowflake to $1.6 billion. AI products now account for $1.7 billion of Databricks' ARR, driving its growth a…
Four days after Washington cut foreign access to Anthropic's top models, Cohere reports a surge in government inquiries, DeepSeek closed a record $7.4 billion funding round, and Chinese AI labs slashed token prices up to…
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in stock on June 16, 2026, raising concerns about using the same AI stack for both code generation and review. Industry data shows a 14x increase in AI-ge…
Qualcomm is reportedly in talks to acquire Tenstorrent, the AI chip startup led by chip architect Jim Keller, in a deal that could value the company at $8 billion to $10 billion. The discussions, reported by Tom's Hardwa…
Flue 1.0 Beta is now available, introducing new primitives including autonomous agents, deterministic AI workflows, channels for integrating with Slack and GitHub, and durable agents that recover from downtime. The TypeS…
OpenAI spent $3.7 billion in Q1 2026, tripling its cash burn year-over-year, while revenue reached $5.7 billion. The company holds $73 billion in cash and securities after a $122 billion funding round, allowing it to sus…
SpaceX shares surged 4.8% on Tuesday, giving the company a market value of roughly $2.655 trillion, surpassing Amazon and briefly topping Microsoft. The rally was fueled by frenzied trading in newly listed option contrac…
Databricks reported annualized revenue exceeding $5.4 billion with sales growth above 65%, but gross margins fell from over 80% to the mid-70% range due to rising AI infrastructure costs. The company's AI products alone …
Csquare, a Brookfield-backed data center operator, filed for an IPO on the New York Stock Exchange under ticker CSQR, aiming to capitalize on Wall Street's demand for AI infrastructure investments. The company reported Q…
US asset managers have filed for the first exchange-traded funds targeting AI and the 'MANGOS' group of stocks, reflecting Wall Street's growing obsession with artificial intelligence.