Startups & Funding

AI startup ecosystem

Anthropic will pay xAI $1.25B per month for compute
Startups & FundingxAI

Anthropic will pay xAI $1.25B per month for compute

Elon Musk's xAI has agreed to sell compute resources to Anthropic for $1.25 billion per month. This partnership...

TechCrunch AI
Sam Altman makes ‘mic drop’ offer to every Y Combinator startup
Startups & FundingOpenAI

Sam Altman makes ‘mic drop’ offer to every Y Combinator startup

Sam Altman announced that OpenAI will invest in every startup in the current Y Combinator class in exchange for tokens...

TechCrunch Startups
You don’t need to be an AI startup to raise. Lucra has $20M to prove it. 
Startups & Funding

You don’t need to be an AI startup to raise. Lucra has $20M to prove it. 

Slapping “AI” on your startup’s pitch deck is basically table stakes right now. When a founder raised $20 million from...

TechCrunch Startups
Digital Banking Startup Mercury Lands $200M At $5.2B Valuation Amid Fintech Funding Uptick
Startups & Funding

Digital Banking Startup Mercury Lands $200M At $5.2B Valuation Amid Fintech Funding Uptick

Digital banking startup Mercury has raised $200 million in a Series D round at a $5.2 billion valuation, the company...

Crunchbase News
OpenAI barrels toward IPO that may happen in September
Startups & FundingOpenAI

OpenAI barrels toward IPO that may happen in September

OpenAI is reportedly preparing for an IPO that could occur in September, following the dismissal of Elon Musk's lawsuit...

TechCrunch AI
OpenAI barrels towards IPO that may happen in September
Startups & FundingOpenAI

OpenAI barrels towards IPO that may happen in September

OpenAI is reportedly preparing for an IPO that may occur in September, following the dismissal of Elon Musk's lawsuit...

TechCrunch AI
Alibaba Aims for Independence with New AI Chips, Model
Startups & Funding

Alibaba Aims for Independence with New AI Chips, Model

Alibaba is developing its own AI chips and models as part of a full-stack AI strategy to reduce dependence on Nvidia's...

AI Business
AI search startups are blowing up
Startups & Funding

AI search startups are blowing up

AI search has emerged as one of the most attractive areas in consumer AI, with multiple startups targeting this market....

TechCrunch AI
How Lucra raised $20M as an eSports play when every VC only wants AI
Startups & Funding

How Lucra raised $20M as an eSports play when every VC only wants AI

Slapping “AI” on your startup’s pitch deck is basically table stakes right now. When a founder raised $20 million from...

TechCrunch Startups
NanoClaw creator turns down $20M buyout offer, raises $12M seed instead
Startups & Funding

NanoClaw creator turns down $20M buyout offer, raises $12M seed instead

NanoCo, creator of NanoClaw (an OpenClaw alternative), declined a $20 million acquisition offer and instead raised $12...

TechCrunch AI
Flurry of Deals Reaffirms Sizzling AI Market
Startups & Funding

Flurry of Deals Reaffirms Sizzling AI Market

Multiple prominent generative AI brands are involved in a series of recent deals, indicating continued momentum and...

AI Business
Embodied AI Fuels Record Robotics Funding In China As IPO Momentum Builds
Startups & Funding

Embodied AI Fuels Record Robotics Funding In China As IPO Momentum Builds

China-based robotics companies have raised $5.6 billion across 176 deals through mid-May, matching the entire 2021...

Crunchbase News
From teen hacker to Iron Dome researcher, this founder raised $28M to fight AI phishing
Startups & Funding

From teen hacker to Iron Dome researcher, this founder raised $28M to fight AI phishing

Ocean, an agentic email security platform, raised $28M in funding to combat AI-powered phishing and impersonation...

TechCrunch AI
Startups & FundingOpenAI

Introducing OpenAI for Singapore

OpenAI announces a multi-year AI partnership initiative in Singapore focused on expanding AI deployment, developing...

OpenAI Blog
Blackstone to Invest $5B in AI Cloud Company Using Google TPUs
Startups & FundingGoogle

Blackstone to Invest $5B in AI Cloud Company Using Google TPUs

Blackstone is investing $5 billion in an AI cloud company that utilizes Google TPUs, marking a new business venture for...

AI Business
Prominent AI researcher Andrej Karpathy picks Anthropic over former home OpenAI to get back into frontier LLM research
Startups & FundingAnthropic

Prominent AI researcher Andrej Karpathy picks Anthropic over former home OpenAI to get back into frontier LLM research

Andrej Karpathy, a prominent AI researcher formerly at OpenAI and Tesla, has joined Anthropic to focus on frontier LLM...

The Decoder
Sub-Sea AI Data Center is Operating in China
Startups & Funding

Sub-Sea AI Data Center is Operating in China

The project comes amid a search for alternatives to land-based data centers.

AI Business
Stilta raises $10.5M from a16z and YC to help companies rediscover the patents they forgot they had
Startups & Funding

Stilta raises $10.5M from a16z and YC to help companies rediscover the patents they forgot they had

Stilta, an AI platform that automates research and analytical work for intellectual property cases, raised $10.5M in...

TechCrunch Startups
Mistral AI acquires Viennese physical AI startup Emmi AI
Startups & FundingMistral

Mistral AI acquires Viennese physical AI startup Emmi AI

Mistral AI, a French AI company, has acquired Vienna-based physical AI startup Emmi AI to expand its industrial client...

The Decoder