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Funding & deals

Industry tag484 stories

  1. AI toolsReach 51

    Fish Audio drops S2.1 Pro, takes aim at ElevenLabs with $52M seed

    Fish Audio just secured $52M in seed funding and launched S2.1 Pro, a new voice cloning model that requires just five seconds of sample audio. The startup claims it runs twice as fast as Cartesia at one-sixth the cost of ElevenLabs, featuring word-level control over pacing and emotion. Frontier AI firms like HeyGen and LiveKit are already running it in production.

  2. IndustryReach 62

    Nvidia pours billions into Ilya Sutskever's Safe Superintelligence

    Nvidia just forged a massive multibillion-dollar partnership with Safe Superintelligence, the stealth lab founded by former OpenAI chief scientist Ilya Sutskever. The deal provides SSI with Nvidia's Vera Rubin GPU platform, boosting its compute power by an order of magnitude and phasing out Google TPUs. Why it matters: Nvidia is securing long-term loyalty from the most elite AI safety researchers, while Ilya bets that brute-force GPU scaling is still the true path forward.

  3. AI toolsReach 52

    Midjourney buys astrology app Co-Star to finally build real apps

    Midjourney just acquired personalized astrology app Co-Star to kickstart its mobile app efforts. Co-Star founder Banu Guler is joining as chief design officer to help build Midjourney's first standalone apps, including a dedicated image generation tool. It marks a big shift for an AI heavyweight currently confined to Discord and the web.

  4. ResearchReach 31

    Microsoft backs DOE's AI science moonshot with $60M

    Microsoft just pledged $60 million to the Department of Energy's Genesis Mission, aiming to double U.S. research productivity over the next decade. The commitment provides $40 million in Azure compute, $20 million in engineering services, and launches a hub called SPARK to connect 17 National Laboratories.

  5. IndustryReach 47

    Reddit and publishers weigh blocking Google over AI traffic drops

    Major publishers including Reddit and Politico are considering blocking Google's web crawler as AI search summaries slash web traffic and ad revenue. Semrush data shows outlets like CNN and Business Insider seeing search visits drop by 31%. With existing training data deals nearing expiration, publishers are actively reassessing whether feeding Google's Gemini models is still worth the trade-off.

  6. RoboticsReach 33

    World Labs snaps up robotics startup SceniX

    Spatial intelligence startup World Labs just acquired robotics company SceniX to bring its models into physical systems. The team argues the next robotics breakthrough relies on combining spatial intelligence, world models, and real-world learning loops. Detailed capabilities from SceniX will be shared soon.

  7. AI modelsReach 52

    Moonshot’s Kimi K3 aims for Opus 4.8 parity

    Moonshot AI is reportedly preparing to launch Kimi K3, a massive open-weight model with up to 3 trillion parameters meant to rival Anthropic’s Opus 4.8. The Chinese lab is also raising capital at a $31.5 billion valuation as enterprises increasingly weigh open-weight alternatives against pricey closed models.

  8. IndustryReach 41

    Microsoft launches $2.5B Frontier Company

    Microsoft just launched Frontier Company, a new business backed by a $2.5 billion investment to embed 6,000 engineering experts directly at customer sites. The initiative helps enterprises build custom AI workflows across models from OpenAI, Anthropic, and open source, while guaranteeing proprietary data is never used to train shared models.

  9. IndustryReach 44

    OpenAI offers Uncle Sam a 5% cut

    OpenAI just floated giving the US government a 5% ownership stake to smooth over tensions with the Trump administration and dodge heavy-handed regulations. Based on the startup's latest $852B valuation, that cut is worth roughly $42.6B. Altman pitched it as a way for the public to share the upside, though talks are still in early stages.

  10. IndustryReach 49

    DeepMind gets cinematic with A24

    Google DeepMind just announced a first-of-its-kind research partnership with indie movie powerhouse A24, embedding its tech directly into filmmakers' creative workflows. Rather than handing creators off-the-shelf models, the deal lets directors and artists guide DeepMind's tool development from the ground up—backed by a fresh investment from Google. Why it matters: It is a rare push toward tech labs building creative AI hand-in-hand with top Hollywood storytellers.

  11. IndustryReach 52

    OpenAI loses enterprise sales head Barret Zoph after just 5 months

    OpenAI's head of enterprise sales, Barret Zoph, just announced his exit via an internal Slack message after only five months on the job. Zoph had rejoined OpenAI in January after leaving Mira Murati's startup Thinking Machines Lab, where he was co-founder and CTO. It marks his second high-profile departure in under a year.

  12. IndustryReach 71

    SpaceX acquires Cursor in all-stock AI deal

    SpaceX just exercised its option to acquire AI coding assistant Cursor in an all-stock transaction. The two companies have spent the past few months jointly training a model that will roll out to Cursor and Grok Build soon, tapping SpaceX's Colossus supercomputer to supercharge their AI ambitions.

  13. IndustryReach 40

    OpenAI launches Partner Network with $150M enterprise push

    OpenAI just launched the OpenAI Partner Network backed by a $150M fund to help businesses deploy frontier AI. The program features three partner tiers and aims to certify 300,000 consultants by the end of 2026. The move signals that enterprise adoption hurdles are no longer about raw model power, but workflow integration.

  14. IndustryReach 60

    Elon Musk becomes the world's first trillionaire after SpaceX IPO

    Elon Musk just became the world's first trillionaire after SpaceX went public, with shares of SPCX opening at $150. Beyond personal wealth, SpaceX's S-1 filing outlines an ambitious plan for "orbital AI compute," launching AI data center servers into space via reusable rockets.

  15. IndustryReach 35

    What really happened to Rewind AI

    Rewind AI, the buzzy startup behind the memory-tracking Mac app and Pendant wearable, was acquired by Meta in 2025 and officially shut down on December 19, 2025. Its original domain has now found a second life under an unaffiliated team, hosting a catalog of 400+ free AI tools that require no account.

  16. IndustryReach 36

    Meta cuts operational ties with Manus

    Meta has fully cut operational ties with AI startup Manus after authorities ordered the companies to unwind their $2 billion acquisition deal. Meta halted all data sharing with Manus and barred employees from using the startup's AI tools internally, following regulatory orders in April revoking the transaction.

  17. IndustryReach 51

    Jeff Bezos's $41B bet on an AI engineer for the real world

    Jeff Bezos and former Verily co-founder Vik Bajaj just raised $12 billion for their physical AI startup, Prometheus, reaching a massive $41B valuation. The company is developing an "artificial general engineer" designed to automate the manufacturing of complex hardware like jet engines and drugs. Bezos also dismissed AI job theft fears, arguing the technology will actually cause a labor shortage.

  18. IndustryReach 47

    SpaceX pulls off historic $75B IPO

    SpaceX just pulled off the largest IPO in history, raising $75B at a $1.77T valuation after selling 555.6M shares at $135 apiece. The massive raise blows past Saudi Aramco’s 2019 record and makes Elon Musk the world’s first paper trillionaire. Investors backed the money-losing giant on high hopes for Starlink, orbital data centers, and Mars.

  19. IndustryReach 44

    OpenAI buys Ona to keep Codex agents running in the cloud

    OpenAI is acquiring Ona to integrate its secure cloud execution tech into Codex, allowing agents to run for hours or days inside an enterprise's own infrastructure. Codex now counts over 5 million weekly users. Basically, organizations can now let agents do long-running work even when laptops are closed without compromising on security or data governance.

  20. IndustryReach 35

    Electrify backs AI newsletter giant The Rundown

    Media investment firm Electrify just invested in and partnered with The Rundown, the daily AI newsletter with over 2 million subscribers founded by Rowan Cheung. Cheung's team keeps full editorial control while Electrify provides operational backing to expand into new formats and products.