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Starcloud has added $250 million to its March funding round, doubling its valuation to $2.3 billion. The money will support spacecraft production, Nvidia engineering work, and launch reservations in a tightening rocket market.
Despite massive computational breakthroughs, AI isn’t close to curing cancer. The real bottleneck isn’t algorithmic power—it’s the fragmented, siloed nature of clinical data.
Anthropic added $18 billion in annualized revenue over two months, pushing its total run rate to $65 billion driven by enterprise API adoption and Claude 3.5 advancements.
Stripe is reportedly acquiring AI gateway startup OpenRouter for over $7B, aiming to become the definitive payment and routing infrastructure for enterprise AI workloads.
SpaceX officially closes its acquisition of AI coding startup Cursor, bringing advanced developer tools in-house to accelerate aerospace software engineering.
OpenAI’s latest release provides a blueprint for startups to build faster, more cost-efficient AI agents using GPT-5.6’s smarter model selection and the Responses API.
Startup Discovered Materials has raised $9 million to deploy AI in the search for novel materials that can solve the thermal management crisis in advanced AI chips.
AI-focused hedge fund Situational Awareness has committed $400 million to chip startup Source Foundry, signaling a major bet on specialized hardware despite recent investor redemptions.
OpenAI has acquired NextSlide, with the startup’s team now integrated into ChatGPT to advance the AI assistant’s presentation and document generation features.
Klaviyo has acquired Agency, the AI startup founded by Elias Torres, bringing the serial entrepreneur back to the e-commerce platform as Chief Product Officer to lead its AI agents division.