Castelion hits $13B valuation to mass-produce hypersonic missiles
The $1 billion Series C was co-led by Andreessen Horowitz, Carlyle, and JP Morgan Chase.
Early Cerebras investor Adit Singh joins Mayfield as infrastructure partner
At Mayfield, Singh will focus on semiconductor, cybersecurity, and physical AI investments.
DOJ’s probe into Andreessen Horowitz over board seats baffles VCs
Since portfolio companies often pivot and expand into competing markets, investors view occasional conflicts of interest as unavoidable for large VC firms.
Anthropic’s annualized revenue surges to $65B
The model maker added $18 billion in annualized revenue in two months.
Klaviyo acquires Elias Torres’ Agency in full-circle reunion for tech founders
The serial entrepreneur joins the e-commerce company as CPO to lead its AI agents.
Fresh off its Wiz payout, Index Ventures raises $2B across three funds
The new funding brings Index’s total available investing capital to $3.5 billion.
Samsung expects memory shortage to worsen through 2027 and last until 2028
AI data center demand is fueling a multi-year chip shortage, pushing up component costs and retail device prices.
Smallest.ai raises $13M to build ultra-fast voice AI that sounds genuinely human
The startup is building voice models designed to make AI phone calls pass the Turing test.
AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares
The former OpenAI researcher’s fund was forced to unwind public equities after leveraged public bets plummeted. But he still has cards to play.
Cyera agrees to acquire Oasis Security for $1B to safeguard proliferating AI agents
The deal is Cyera’s third acquisition this year.