Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B
The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion.
Julie Bort
Source-attributed coverage written by this author across active feeds.
OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO
AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. Its relationship with OpenAI is deep and rich.
Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says
Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO.
Parallel Web Systems hits $2B valuation five months after its last big raise
The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.
Another customer of troubled startup Delve suffered a big security incident
TechCrunch has confirmed that Delve was the compliance company that performed the security certifications for Context AI, the AI agent training startup that last week disclosed a security incident.
Databricks co-founder wins prestigious ACM award, says ‘AGI is here already’
Matei Zaharia has won the top honor from the Association for Computing Machinery. Now he's working on AI for research and says AGI is simply misunderstood.
I can’t help rooting for tiny open source AI model maker Arcee
Arcee is a tiny 26-person U.S. startup that built a high-performing, massive, open source LLM. And it's gaining popularity with OpenClaw users.
The reputation of troubled YC startup Delve has gotten even worse
Delve faces new allegations that it violated the open source license of its customer, Sim.ai, by taking the customers's tool and passing it off as its own.
Yupp.ai shuts down after raising $33M from a16z crypto’s Chris Dixon
Less than a year after launching, with checks from some of the biggest names in Silicon Valley, crowdsourced AI model feedback startup Yupp.ai is closing its business, the company said Tuesday.
Delve whistleblower strikes again, with alleged receipts about ‘fake compliance’
Shortly after Delve's founder published a lengthy denial of allegations, while promising changes, the accuser came forward with more alleged details.
Defense startup Shield AI lands $12.7B valuation, up 140%, after U.S. Air Force deal
In one year, Shield AI's value has leaped 140%. This after it won a contract to be the software provider to Anduril's Fury fighter jet for the U.S. Air Force.
Databricks bought two startups to underpin its new AI security product
With an overflowing war chest from its recent $5 billion raise, Databricks is buying startups and looking for more. It acquired Antimatter and SiftD.ai.
Startup Gimlet Labs is solving the AI inference bottleneck in a surprisingly elegant way
Gimlet Labs just raised an $80 million Series A for tech that lets AI run across NVIDIA, AMD, Intel, ARM, Cerebras and d-Matrix chips, simultaneously.
Why Garry Tan’s Claude Code setup has gotten so much love, and hate
Thousands of people are trying Garry Tan's Claude Code setup, which was shared on Github. And everyone has an opinion: even Claude, ChatGPT, and Gemini.
Frore Achieves Unicorn Status with $1.64 Billion Valuation
Frore has achieved unicorn status with a valuation of $1.64 billion following a successful funding round of $143 million. The company's advancement in liquid-cooling technology for chips, inspired by Nvidia CEO Jensen Huang, has been pivotal to its growth.