AI Startups

Applied Materials Inc. shares fell 4% to $494.82, while Lam Research Corp. and Teradyne Inc. each dropped 5% to $309.94 and $384.26, respectively, as investors repriced AI infrastructure spending amid reports that nine t…

Coinbase's Base launched a startup accelerator for AI agents, payments, and financing products, investing $100,000 in each of 10 teams. The initiative aims to foster innovation in agentic finance and on-chain payments, p…

Coinbase's Base layer-2 network announced on Wednesday that its Batches 004 startup accelerator will select 10 pre-seed startups, each receiving a $100,000 investment from the Base Ecosystem Fund, with applications open …

Pocket, an AI notetaker hardware startup, says it has reached a $100 million run rate eight months after launching, with cofounder and CEO Akshay Narisetti projecting a $1 billion run rate within two years. The company, …

Anthropic currently has the most stable leadership among frontier AI labs, with the Amodei siblings still at the helm and low turnover, while OpenAI carries the highest churn exposure ahead of an $852 billion IPO and Dee…

Sanja Fidler, former leader of Nvidia's Toronto AI lab, has launched Veeda AI, a startup backed by Radical Ventures and Khosla Ventures, to develop world models for robotics. The company aims to improve how robots intera…

Chinese humanoid robot maker Unitree surged 460% in its Shanghai IPO on Wednesday, raising 6.1 billion yuan ($904 million) in the first mainland China robotics public debut. The Hangzhou-based firm, backed by DeepSeek an…

SAP's acquisition of tabular foundation model startup Prior Labs for over €1 billion ($1.16 billion) has spotlighted the emerging category of TFMs, which are designed to handle structured data like spreadsheets that larg…

Prevalent AI, a London company that consolidates fragmented enterprise data into a sovereign knowledge graph, announced a $22 million growth investment from Integrity Growth Partners, its first primary capital in nine ye…

HappyRobot, a Spanish-US startup founded in 2022, reached a $1.2 billion valuation after closing a $143 million Series C round this month. The company builds AI agents to automate complex enterprise work, initially focus…

Gwyneth Paltrow is expanding her wellness empire into artificial intelligence, investing in AI startups such as Forethought AI, Speechify, Potion AI, and Moments of Space, and planning a private dinner for OpenAI CEO Sam…

Anthropic generated $11.5 billion in second-quarter revenue, nearly 73% more than OpenAI's $6.7 billion, and posted a small operating profit while OpenAI's operating loss widened to $12.3 billion, according to The Wall S…

Chinese robot developer Unitree surged 460% on its first day of trading on Wednesday, marking the first pure-play robotics company to go public in mainland China. The Hangzhou-based maker of AI-powered humanoid robots an…

LivePerson shareholders vote Thursday, August 20, 2026, on SoundHound AI's $3.33-per-share acquisition offer, a deal backed by proxy advisers Institutional Shareholder Services and Glass Lewis. The combined company would…

Nebius Group is raising $4.5 billion through a private convertible note sale to fund data center expansion and AI platform development, with $2.75 billion in notes due 2030 and $1.75 billion due 2034. The Amsterdam-based…

Rundoo Inc., the creator of an AI-native system-of-record for independent supply stores, has raised $30 million in a Series B round led by Battery Ventures, bringing its total funding to $48 million. The company, which s…

Shares in Unitree, one of China's largest manufacturers of humanoid robots, surged by more than 460% on their first day of trading on Shanghai's STAR Market, lifting the company's valuation to around $66 billion, ahead o…

Anthropic has surpassed OpenAI in quarterly revenue for the first time, with Anthropic reporting $11.6 billion in revenue for the quarter ending in June versus OpenAI's $6.7 billion, according to the Wall Street Journal.…

Unitree's upcoming Chinese IPO is reportedly 8,000X oversubscribed, signaling strong investor appetite for pure-play robotics exposure, according to 24/7 Wall St. analysts Austin Smith and Eric Bleeker on The AI Investor…

World Labs co-founder Fei-Fei Li said in a Bloomberg Technology interview published Wednesday that her company aims to teach AI to understand and act in three-dimensional space, moving beyond chatbots that can only descr…