Discover cutting-edge insights, strategies, and success stories to inspire innovation.
Software Development
Anysphere, the company behind the popular AI coding assistant Cursor, has unveiled a new $200-per-month subscription tier called Ultra, offering a major upgrade for power users. Announced in a blog post Monday, the Ultra plan provides 20 times more usage of leading AI models from OpenAI, Anthropic, Google DeepMind, and
Health
Digital health startup Sword Health has secured a fresh $40 million in funding at a $4 billion valuation, marking a 33% increase from its $3 billion valuation just a year ago. The round was led by returning backer General Catalyst, with participation from Khosla Ventures, Comcast Ventures, and several other
Military & Defense
Rising defense tech startup Mach Industries has raised $100 million in a new funding round, bringing its valuation to $470 million. The announcement follows a period of rapid growth and technological development for the company, which was founded just two years ago by Ethan Thornton, who dropped out of MIT
Military & Defense
OpenAI has been awarded a $200 million contract by the U.S. Department of Defense to deliver advanced artificial intelligence capabilities for national security, marking a significant new chapter in the company’s government-facing work. Announced on Monday, the one-year agreement is the first contract between OpenAI and the Pentagon
Artificial Intelligence (AI)
Groq, a fast-rising startup in the artificial intelligence inference space, has announced two major moves that signal a direct challenge to the dominance of cloud behemoths Amazon Web Services, Google, and Microsoft. The company unveiled support for the massive Qwen3 32B language model — including its unprecedented 131,000-token context window
Artificial Intelligence (AI)
Chinese AI startup MiniMax has made a bold move in the global AI race with the release of its newest large language model, MiniMax-M1. Known in the West for its photorealistic AI video model Hailuo, the company is now turning heads with a large language model that not only pushes
Funding
Japan has unveiled an ambitious ¥100 billion ($693 million) initiative aimed at turning the country into a global hub for scientific research by luring top researchers from abroad—especially those in the United States disheartened by recent political and funding decisions under the Trump administration. As global competition intensifies for
Sales
Clay, a fast-growing sales automation startup, has raised a Series C funding round that values the company at approximately $3 billion, according to three sources familiar with the deal. The round was led by Capital G, Alphabet’s independent growth fund. Both Clay and Capital G declined to comment. The
Artificial Intelligence (AI)
Spanish startup Multiverse Computing has raised a staggering €189 million (~$215 million) in a Series B round, driven by excitement around its breakthrough in artificial intelligence model compression — a technology it calls CompactifAI. CompactifAI is a quantum-computing inspired compression method that can shrink large language models (LLMs) by up to
Robotics
Coco Robotics, the Los Angeles-based startup revolutionizing last-mile delivery, has secured $80 million in fresh funding, further fueling its mission to transform urban logistics through zero-emissions robots. The funding round, announced Wednesday, saw participation from returning angel investors Sam Altman and Max Altman, along with prominent venture firms including Pelion
Energy
Fervo Energy, a leader in advanced geothermal technology, has secured $206 million in new financing to accelerate development of what could become the world’s largest enhanced geothermal power plant. The announcement, made Wednesday, underscores growing investor confidence in enhanced geothermal energy as a viable, scalable clean power source—particularly
Artificial Intelligence (AI)
Vast Data, a fast-growing innovator in AI-optimized data storage, is seeking to raise a new funding round at a sharply higher valuation—targeting as much as $25 billion. This marks a significant leap from its $9 billion Series E valuation secured in December 2023. Though the deal is not yet