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Thrive Capital Bets $100M on Shopify as AI Transforms E-Commerce
Thrive Capital, Joshua Kushner's investment firm, has purchased approximately $100 million in Shopify shares, according…
Wirestock raises $23M to supply multimodal data to AI labs
Wirestock, which pivoted to data provision in 2023, has raised $23 million to expand its supply of multimodal datasets…
Ackman Bets on Microsoft's AI Upside as Stock Slides
Bill Ackman's Pershing Square has built a stake in Microsoft, with Ackman arguing on X that the company's roughly 15%…
Fervo's $2B IPO Bets on Geothermal for AI Power
Fervo Energy, a leader in enhanced geothermal systems, raised nearly $2 billion in its initial public offering. The…
Clio hits $500M ARR as legal tech rides AI adoption wave
Clio, a legal tech platform, has reached $500 million in annual recurring revenue, marking a significant milestone for…
Anthropic Eyes $300M Stainless Acquisition to Own AI Agent Tooling
Anthropic is in advanced talks to acquire Stainless, a four-year-old developer tools startup, for at least $300…
OpenAI Bets Billions on Cerebras as Nvidia Grip Loosens
On Christmas Eve 2025, OpenAI committed billions of dollars to purchase chips from Cerebras, a startup that…
Circle Raises $222M for Arc Blockchain at $3B Valuation
Circle, the stablecoin issuer behind USDC, raised $222 million for Arc, a planned blockchain focused on stablecoin…
OpenAI Cuts Microsoft Payments by Billions in Renegotiated Deal
OpenAI has renegotiated its revenue-sharing agreement with Microsoft, significantly reducing its financial obligations…
Kuaishou Pursues External Funding for Kling AI Video Unit
Kuaishou Technology confirmed via regulatory filing that its board is evaluating a restructuring of Kling, its AI video…
Vapi hits $500M valuation with Amazon Ring win
Vapi, an AI voice platform startup, has reached a $500M valuation after winning Amazon Ring as a customer, beating out…
Capital, Not Compute, is the Real AI Bottleneck
AI infrastructure financing is becoming the primary bottleneck in the AI build-out, not compute itself. With single…
OpenAI Launches $10B Deployment JV, Acquires Tomoro
OpenAI announced a $10 billion private-equity joint venture called the OpenAI Deployment Company, designed to help…
Cursor Staff Visit xAI as Musk Moves to Integrate Coding Startup
Cursor staff have begun visiting xAI offices to meet with employees and discuss their work, weeks after Elon Musk's…
Accel's Dan Levine Steps Back From Active Investing
Dan Levine, a partner at Accel known for backing Scale AI and Vercel, is stepping back from the venture capital firm…
Kuaishou to Spin Off Kling AI Video Unit at $20B Valuation
Kuaishou Technology, a Chinese social media platform, is planning to spin off its Kling AI video generation unit ahead…
Nvidia commits $40B to AI equity deals in 2026
Nvidia has committed $40 billion to equity investments in AI companies during 2026 so far, underscoring its strategy to…
Wispr Flow's Hinglish bet pays off in India voice AI market
Wispr Flow reports accelerated growth in India following its Hinglish language rollout, demonstrating early traction in…
TCI Cuts $8B Microsoft Stake Over AI Disruption Concerns
Hedge fund TCI Fund Management cut nearly its entire $8 billion stake in Microsoft, citing concerns about the company's…
inMusic Acquires Native Instruments in Music Tech Consolidation
inMusic, the parent company of Akai Professional, Moog Music, and Numark, is acquiring Native Instruments, the music…
Six-Week-Old AI Startup Targets $4B Valuation in Latest Funding Blitz
Core Automation, a six-week-old AI model startup founded by ex-OpenAI researcher Jerry Tworek, is raising $300 million…
CoreWeave's $35B Bet: The Math Behind AI Infrastructure
CoreWeave reported Q1 2026 revenue of $2 billion, doubling year-over-year, but the AI cloud infrastructure startup is…
Voi Founders Launch AI Startup Pit with $16M a16z-Led Round
Pit, a new AI startup founded by the co-founders of European scooter company Voi, has raised $16 million in seed…