High costs and thin margins threatening AI coding startups
Coding assistant startups are highly unprofitable, says a source familiar with Windsurf financials.
Tavily raises $25M to connect AI agents to the web
The one-year-old startup raised a Series A led by Insight Partners.
Clay confirms it closed $100M round at $3.1B valuation
The AI sales automation startup raised fresh funds, led by CapitalG, just months after its last round.
Venture firm CRV raises $750M, downsizing after returning capital to investors
The 55-year-old VC firm announced its twentieth fund.
More details emerge on how Windsurf’s VCs and founders got paid from the Google deal
VCs and founders took much of the $2.4B, but money was left for a payout to all employees, sources say.
Kleiner Perkins-backed Ambiq pops on IPO debut
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
Anthropic reportedly nears $170B valuation with potential $5B round
The new round is being led by Iconiq Capital, with the possibility of a co-lead investor joining.
AI data analyst startup Julius nabs $10M seed round
The seed round for Julius AI was led by Bessemer Venture Partners.
VC Victor Lazarte is leaving Benchmark to launch his own firm
Lazarte has only been at Benchmark for two years. He backed startups like Mercor, HeyGen, and Decart AI.
Chime backer Lauren Kolodny bets on AI to revolutionize estate processing
Acrew Capital’s Kolodny led a $20 million Series A in Alix, a startup that uses AI to automate estate processing.