Oratomic raises $300M to build a viable quantum computer that needs only 20K qubits
The massive round was co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures.
Lovable reportedly in talks to double its valuation to $13.2B
The $300 million round is expected to be led by Menlo Ventures, Sifted reported.
Prime Intellect raises $130M Series A to help enterprises build their own AI agents
The round, led by Radical Ventures, values the two-year old startup at $1 billion.
These AI startups are growing revenue at faster and faster rates
There are a lot of fast-growing AI startups, but some are growing even faster, they say.
Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections
Selby’s VC firm Copper Sky Capital is currently raising a $300 million second fund, according to a regulatory filing.
Bending Spoons defies SaaS slump, surges 40% on first day of trading
The company has grown rapidly by acquiring and revamping last-generation tech brands like AOL, Eventbrite, Evernote, Meetup, and Vimeo.
Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller
The actor and investor is joining forces with Morgan Beller, who was previously a GP at NFX, to invest in early-stage startups.
Wayve launches $85M employee tender offer at $8.5B valuation
Wayve’s offering is part of a growing trend of AI startups using employee tenders as a strategic tool to attract and retain talent.
Arena, the AI leaderboard everyone uses, is now a $100M business
The startup, which runs a popular free AI leaderboard, launched its commercial service just last September.
FTC gives Musk the OK to acquire SpaceX alumni startup Mesh
Mesh came out of stealth in February with a $50 million Series A.