Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more
Europe’s ‘Made in EU’ rules start at 5%, and they do not mention software
Airbnb’s CEO says nobody builds AI for normal people. He is on Y Combinator’s board
Accel raised $3.5bn. Europe now gets the same fund as the US
Legora is reportedly chasing a $10bn valuation, barely a season after its last raise
Beyond algorithms: Booker Loud on building social platforms people trust
Megadeals took 87.5% of US venture dollars, and the rest of the market is priced by vintage
China would not let Meta keep Manus. Users have until 24 August to save their work
The man who built Qwen has a new lab, and the Shanghai government is an investor
‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder
WindBorne’s AI beats the government’s weather forecasts. Making money from them is the harder problem
Google may spend $1.5bn on a 35-person startup to catch up on AI coding
A startup that slashes AI agent bills just raised $35M. Anthropic is a backer.
Google named the new boss of Gemini 4. Both of Gemini’s co-leads quit the same day
Moove raises $250m at a $2.1bn valuation to run robotaxi fleets
Cracken opens self-serve access to its AI-powered offensive cybersecurity platform
Deel acquires deepfake-detection startup Clarity as fake hire problem grows
Bending Spoons is buying Airtable for $1.285bn: “We’re committed for the long run”
Nvidia and Dell back AI cloud startup Volta at a $2.4bn valuation
The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil.
The danger isn’t the AI model. It’s the agent acting on its own, and Zenity raised $125m to watch it.
A startup that lets AI hack your own network just tripled to $2bn, days after AI models hacked networks for real.
A startup says the AI bottleneck isn’t compute. It’s memory, and it ditched the GPU to prove it.
Yellow.ai is going public to buy the call centres it wants to replace with AI
Index Ventures raised $2bn to bet harder on AI. Its own co-founder says the winnings should be handed back.
SpaceX’s record IPO is pulling a wave of space startups into orbit
The web was built for us. The machines want their own.
Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public
Everyone else is shrinking satellites. K2 raised $500m to build giant ones, and put AI in orbit.
The unsexy layer AI agents actually need: DataBahn raises $40m to sell it
The chips that wire GPUs together are the new prize. Xsight raised $300m to sell an open one.
Everyone hated Friend’s AI necklace, so it came back at double the price
To find out what customers think, this $2bn startup asks their AI twins
Scale AI hired a cloud salesman as CEO. That tells you where it’s going.
Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.
AI agents are about to run the enterprise. Onyx raised $113M to keep a human in the loop.
The AI race built faster chips. Now the chips are too fast for their own wires.
OpenAI is giving 100,000 scientists free AI. Here’s how it can afford to.
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