AI startup Perplexity has made an unsolicited proposal to purchase Google’s Chrome browser for $34.5 billion in cash, according to a company spokesperson. The bid comes after growing regulatory pressure on Google, with a federal judge previously ruling that the company holds an illegal monopoly in internet search. The U.S. …
Read More »DeepSeek, a Chinese AI Startup, Shocks Silicon Valley With Low-Cost AI Model
The US tech giants believed their lead in AI was unassailable, at least in the short term. Today, they’re reassessing that assumption, which could lead to major upheaval in the burgeoning AI tech ecosystem. Chinese startup DeepSeek has exploded in popularity with a model that cost almost nothing to build …
Read More »Cultured Meat Startup
If meat-eating humans already tend to be on the fence about lab-cultivated meats, this one’s sure to complicate their feelings even further. An Australian startup has produced what it says is the world’s first woolly mammoth meatball by combining mammoth DNA sequences with existing species’ stem cells. The startup is …
Read More »LinkedIn Acquires Oribi for $80M-90M
LinkedIn — the social network for people looking to connect with others in their professional fields and find work with upwards of 810 million users — has a long-standing business in marketing and advertising on its own platform; today it is announcing an acquisition that could point to its ambitions …
Read More »Throw Satellites into Orbit
Getting into space is hard, and one of the reasons is that it takes a lot of energy to break free of Earth’s gravity. So far, the only way we’ve found to do that reliably is with rockets, but a startup called SpinLaunch has something else in mind. Using a …
Read More »Humane A Stealthy Hardware Startup
A stealthy startup co-founded by a former senior designer from Apple and one of its ex-senior software engineers has picked up a significant round of funding to build out its business. Humane, which has ambitions to build a new class of consumer devices and technologies that stem from “a genuine …
Read More »SpaceX Buys ‘Nano Satellite’ Startup Swarm
SpaceX is the world’s largest satellite operator with thousands of Starlink internet nodes in its orbital constellation, and you can add 150 more to the tally. SpaceX has informed regulators that it’s buying a satellite internet startup called Swarm. This firm focuses on so-called “nano satellites” for IoT applications, but …
Read More »Billion Dollar Startup
Greenlight Financial Technology, the fintech company that pitches parents on kid-friendly bank accounts, has raised $215 million in a new round of funding. The round gives the Atlanta-based startup a $1.2 billion valuation thanks to backing from Canapi Ventures, TTV Capital, BOND, DST Global, Goodwater Capital and Fin VC. It’s …
Read More »The Shed Is A Startup
Reducing consumption by expanding the notion of the rental economy and giving people access to tools and equipment has been something of a startup holy grail for some time. It’s a model that’s worked famously well for fashion and accessories (just ask investors in Rent the Runway), but has …
Read More »YC’s Startup Raised $16M
Trove, a startup that sells a suite of internal compensation tools to other startups, has quietly graduated from this summer’s Y Combinator batch with millions in venture capital and a whopping valuation. A16z and Trove did not immediately respond to a request for comment. The deal likely began after the …
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