AI Startups news and analysis on Web Pulse: 9943 curated articles tracking the latest AI Startups developments, tools, and research, updated continuously from vetted sources.
Two Saudi brothers, Ibrahim Al Moammar and Khalid Al Moammar, have amassed a combined fortune of about $1.4 billion as their company, Al Moammar Information Systems Co. (MIS), rides Saudi Arabia's AI infrastructure boom.…
Chinese AI startup MiniMax reported first-half revenue of $116.6 million for the six months ended June 30, a 283.1% surge from a year earlier, driven by demand for its low-cost models and AI platform. The Hong Kong Stock…
Runable, a year-old AI agent platform founded by Umesh Kumar and Saksham Sarda, has raised $21 million to scale operations, claiming over one trillion tokens processed in 90 days with 60% to 70% from paying customers. Th…
Runable, a Bengaluru-based startup founded in 2025, has raised $21 million in a Series A round co-led by Susquehanna Venture Capital and Nexus Venture Partners, valuing the company at $65 million post-investment. The com…
Chinese AI firm MiniMax reported a 283% surge in first-half revenue to US$116.6 million, driven by a 703% jump in enterprise revenue to US$73.9 million, but the total remains only 32% of the US$363.77 million full-year f…
OpenAI has appointed Dali Rajic, former president and COO at Wiz, as its new chief revenue officer, succeeding Denise Dresser, who stepped down after less than a year. Rajic, 53, known for his disciplined enterprise sale…
MiniMax Group, the Shanghai-based multimodal AI company, reported revenue of $116.6 million for the first half of 2026, a 283.1% increase from $30.4 million in the same period last year, driven by a 703.1% surge in its O…
Anthropic, a leading U.S. frontier AI lab, reported Q2 2026 revenue of approximately $11.5–$11.6 billion and turned profitable for the first time, while OpenAI reported Q2 revenue of $6.7 billion but faced a widening ope…
Leopold Aschenbrenner's Situational Awareness Fund lost $35 billion of its $45 billion assets under management in about a month after running 4x leveraged bets on AI infrastructure stocks including SK Hynix and CoreWeave…
Google is in advanced talks to license technology and hire staff from AI startup Mechanize in a deal valued at more than $1.5 billion, according to Business Insider. The agreement would expand Google's investment in AI c…
Caltech researchers Anima Anandkumar and Benedikt Jenik have founded Accelerated Understanding Inc, a startup built on neural operators rather than Transformers. Their system reportedly ingested 5 trillion data points in…
Anthropic, the AI company behind the Claude model, is preparing for an initial public offering (IPO) with a reported $65 billion annual revenue run rate, despite substantial losses and an ongoing legal dispute with the T…
The Asian Contents & Film Market (ACFM) will present InnoAsia 2026, featuring technology firms including Amazon Web Services (AWS), Google DeepMind, Kling AI, and Alibaba Group, alongside a range of startups and content …
Enflame Technology, a Chinese AI chip developer, will open subscriptions for its Shanghai STAR Market IPO on Sept. 2, issuing 43.04 million new shares (10% of post-issue capital) to raise RMB6 billion. The funds will sup…
A developer has launched an LLM-powered webapp builder that proxies OpenAI and Anthropic calls, charging end users 2x the token cost and sharing 80% of the profit with the app creator. The system uses Abstract Syntax Tre…
Chinese AI startup DeepSeek is nearing a funding round that values it at about 500 billion yuan (US$74 billion) pre-investment, with plans to raise about 50 billion yuan before the end of August, according to sources. Th…
Sim, an AI startup focused on automating knowledge work, is hiring a Software Engineer for its Agent Harness team in San Francisco, offering $210k–$260k base salary plus 0.2%–0.8% equity. The role involves building the a…
Rogo Technologies, a New York-based AI startup valued at US$2 billion, is making Singapore the hub of its Asia-Pacific expansion and plans to hire 150 to 200 staff in the region by the end of 2027. The company, whose pla…
Voice AI startup Ringg has raised $10 million from Peak XV Partners as an extension of its Series A, bringing the round's total to $15.5 million. The company, which processes 20 million call attempts a month, plans to us…
On August 25, 2026, Anima Anandkumar and Benedikt Jenik unveiled Accelerated Understanding Inc., an AI startup built on neural operators rather than Transformer architecture, after declining an offer to join Jeff Bezos-b…