AI Startups news and analysis on Web Pulse: 9996 curated articles tracking the latest AI Startups developments, tools, and research, updated continuously from vetted sources.
Citadel Securities paid $10 billion to acquire the public equity holdings of Situational Awareness LP, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, after the fund faced margin call…
Simile, a Stanford-spun-out AI startup, has raised a $100 million Series A funding round led by Index Ventures, with participation from Bain Capital Ventures, Hanabi Capital, and AI luminaries including Andrej Karpathy a…
Former OpenAI researcher Andrew Ho and Cambridge researcher Adam Hunt argue that large language models are becoming more specialized rather than versatile, with progress stagnating in areas outside coding and math. Ho is…
Google is backing a $15 billion loan for a massive Texas data center campus developed by Nexus Data Centers to provide compute infrastructure for Anthropic, with the initial phase costing upwards of $5 billion and target…
Lamina Labs, a two-person San Francisco AI-video startup founded by MIT graduates Sudip Rokaya and Kartikesh Mishra, has raised $4.8 million to turn AI answers into narrated whiteboard-style explainer videos. The company…
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…