Category:Business & Startups

Stephen Ward spent years chasing hackers for the Secret Service, then spent 18 months clearing his own name after one of them tried to implicate him. Now the ex-federal agent, former CISO and venture investor is raising a second cybersecurity…

OpenAI has reportedly secured $11 billion in new funding at a valuation of $1.25 trillion, a deal that underscores how much investor appetite for artificial intelligence remains intact even as broader market sentiment around the sector turns more cautious. The…

Companies are using more AI than ever, but Ramp’s latest data suggests they are not spending proportionally more on it. The payment company’s report shows AI token spending flattened in late summer even as usage volumes kept rising, a sign…

Dropbox is moving deeper into AI infrastructure with a $350 million acquisition of Tigris Data, a cloud storage company whose technology is meant to help businesses keep data closer to the compute that needs it. The deal, announced Thursday, appears…

Ballistic Ventures, the cybersecurity-focused venture capital firm co-founded by former Kleiner Perkins partner Ted Schlein, is seeking to raise $490 million across two new funds at a time when artificial intelligence is reshaping both the threat landscape and the startup…

OpenAI’s latest funding round appears to be moving more slowly than earlier reports suggested, with new coverage indicating the company has lowered its target from the headline figures previously tied to the deal. Multiple reports now point to a smaller…

After eight years building AI at Meta, Rohit Patel is leaving to launch Ndoc, a startup he says could replace Microsoft Office and Google Workspace with an AI-native workspace. The former director at Meta Superintelligence Labs is pitching the product…

Anthropic’s new IPO filing offers a clear look at how the company is trying to make Claude harder for enterprises to leave: by tying its core models, developer tools and first-party apps together into a growing ecosystem. The strategy appears…

Anthropic is running into a familiar problem for fast-growing AI companies: it needs vast amounts of cloud capacity, but its biggest infrastructure suppliers are increasingly also its rivals. A leaked S-1 filing, reported by The Wall Street Journal, says the…

Otter.ai has landed a $320 million commitment from General Catalyst’s Customer Value Fund, a financing structure that gives startups capital without taking an equity stake in the traditional sense. The company says the money will help it push deeper into…

Munich-based CedarDB is betting that the old split between transactional and analytical databases is becoming less useful, especially as AI agents push companies to ask more questions of their data, more quickly. The startup says its database engine can handle…

Pluto Security has raised $42 million as enterprises scramble to manage a new kind of risk: employees rapidly adopting AI tools that can create exposed apps, risky connectors and other security gaps before IT teams fully understand them. The startup…

Restate has raised $20 million in fresh funding as AI agents push more companies to rethink how they build resilient software. The Berlin-based startup says its durable workflow infrastructure, originally designed for crash-resistant multistep execution, is now a natural fit…

British AI neocloud Nscale has lined up $3.36 billion in convertible financing as it moves toward a U.S. initial public offering later this year, a sign of how much capital is now required to build the infrastructure behind the AI…

Superhuman is adding a meeting notetaker to its productivity stack, but instead of building one from scratch, the company is acquiring Y Combinator-backed Fathom. The deal reflects a broader shift in productivity software, where companies are racing to turn meeting…

Crusoe, the data center developer that counts Meta, Microsoft and OpenAI among its customers, has reportedly closed a new $3 billion financing round at a $30 billion valuation, according to Bloomberg. The deal underscores how quickly the company has moved…

AI security startup AIR has emerged from stealth with $50 million in seed funding to help companies monitor the growing ecosystem of skills, plug-ins, MCP servers, and other add-ons that AI agents use to interact with enterprise systems and the…

Nvidia is deepening its push into the physical infrastructure behind the AI boom, announcing a partnership with data center developer Cloverleaf Infrastructure on Friday. The move adds another layer to the chipmaker’s expanding role in the financing and development of…

Adit Singh, the early investor who helped bring Cerebras into the world at Foundation Capital, has found a new home at Mayfield. On Thursday, Singh said he has joined the 57-year-old venture firm as an infrastructure partner, where he will…

Groq has raised $350 million as it deepens a rapid pivot from making its own AI chips to becoming a neocloud provider focused on Nvidia-powered AI infrastructure. The new funding, led by Disruptive with planned participation from Nvidia, values the…