Crypto's biggest VC firm just raised $1.2B to invest in AI
Paradigm, a venture capital firm known for crypto investments, raised $1.2 billion to invest in AI and robotics, signaling a strategic shift toward artificial intelligence.
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Paradigm, a venture capital firm known for crypto investments, raised $1.2 billion to invest in AI and robotics, signaling a strategic shift toward artificial intelligence.
Helsing asked employees to switch out of an employee stock option plan in May 2026 as the European defense-AI company works toward its largest financing yet, Bloomberg reported. The change moves staff from an ESOP into a…
Neoclouds CoreWeave and Nebius have secured massive hyperscaler commitments totaling over $145 billion, but their growth is funded by circular financing involving Nvidia equity and GPU-backed debt, raising concerns about…
Perplexity CEO Aravind Srinivas predicted on July 11, 2026 that top-tier AI model costs could fall 3-4x within six months and that a locally-runnable Opus-grade model would arrive within 12 months. Y Combinator CEO Garry…
Cursor is building Sand, an office agent that extends beyond code editing to manage the full developer workflow including email, docs, and tickets. The move positions Cursor against Anthropic's growing agent footprint, a…
Tech companies are increasingly hiring software engineers while cutting roles in design, product management, and marketing, according to SignalFire data. Engineers now make up 55% of new hires at major tech firms, up fro…
Robinhood and several AI-related stocks are approaching buy points, according to a market analysis. The report highlights five stocks showing strong technical patterns, with Robinhood leading the group. Investors are mon…
PrismML, a Caltech spinout backed by Khosla Ventures, emerged from stealth on March 31, 2026, claiming to have compressed Alibaba's 27-billion-parameter Qwen 3.6 LLM from 54 GB to under 4 GB to run on an iPhone 17 Pro. T…
Vibe coding, a term coined by former Tesla AI director Andrej Karpathy, allows non-programmers to build software by describing their intent in plain English to an AI model that writes and deploys the code. The approach h…
Nvidia CEO Jensen Huang recounted his journey from a childhood fleeing a coup in Thailand to building the world's most valuable chip company, during an interview with Condoleezza Rice. Huang described arriving in the U.S…
South Korea's FuriosaAI has deployed its Renegade inference chips at Equinix's LS2 data center in Lisbon, marking the company's first commercial rollout in Europe. The chip, built on a 5-nanometer Tensor Contraction Proc…
Nvidia and a consortium of tech companies are in advanced talks to acquire a minority stake in Lancium, the power infrastructure developer behind the Stargate AI data center campus in Texas, in a deal valuing Lancium bet…
OpenAI and Anthropic have built large, general-purpose AI models, but the future may belong to smaller, specialized tools as customers increasingly prefer purpose-built AI solutions over Swiss Army knife approaches.
Unitree Robotics received regulatory approval on July 3 for a $619 million IPO on Shanghai's STAR Market, becoming the first humanoid robot company to go public on China's domestic A-share market. The company plans to us…
AgentPrizm launched on July 9, 2026 with a governed memory layer for AI agents, addressing the problem of context window amnesia via REST and MCP interfaces. The platform includes AgentMemory for persistent, auditable st…
Many organizations run AI pilot projects but fail to deploy them into production due to barriers like data integration, user adoption, and lack of internal expertise. To bridge this gap, AI initiatives must solve real pr…
Four million small business owners in the United States are using ChatGPT to launch and grow their ventures, significantly lowering startup costs by automating tasks like marketing copy, idea generation, and customer ser…
Phoebe Gates, the 23-year-old daughter of Bill Gates, is building AI shopping startup Phia, valued at $185 million, and insists her privilege and last name have no role in its success. The company, which raised over $43 …
OpenAI is in early discussions to give the US government a 5% stake, CEO Sam Altman said, aiming to align AI benefits with national interest and improve relations with the Trump administration.
Enterprise AI spending is hitting budget walls as open-source models offer a 35x cost advantage over frontier APIs, with Uber exhausting its entire 2026 AI budget by April and Amazon CTO Werner Vogels confirming a shift …