Investors and funding

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TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

TSMC posted record second-quarter revenue of over $40 billion, up 36% year on year, with net income rising 77%. The result should have been a triumph. Instead, shares fell 4%, dragging the Nasdaq 100 down 1.4% on Thursday and compounding losses from the day before. The problem was not the earnings but the spending. TSMC […]

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TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith. Read More »

Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion

Apple overtook Nvidia on Friday to become the world’s most valuable company for the first time since April 2025. Apple closed at roughly $4.88 trillion as its shares held steady, while Nvidia fell 3.5% to approximately $4.86 trillion. Nvidia had held the top spot for nearly a year after becoming the first company to surpass […]

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Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion Read More »

Agentic AI is moving from drafting doctors’ notes to routing their patients. Bunkerhill just raised on it.

A healthcare AI startup has raised fresh funding to push AI agents deeper into hospital operations. Bunkerhill Health closed a Series B led by Khosla Ventures, bringing total funding to $55m, HIT Consultant reports. The pitch is a platform, not a product. Its Carebricks system lets health systems build and run their own AI agents, rather […]

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Agentic AI is moving from drafting doctors’ notes to routing their patients. Bunkerhill just raised on it. Read More »

a16z is backing Runta, a startup that wants to ‘parent’ your AI agents

AI agents can now book travel, write code and spend money on your behalf. That power is also the problem. A new startup called Runta has raised $20 million to keep those agents from doing damage. Andreessen Horowitz (a16z) led the round, which values Runta at more than $100 million, The Information reported. ‘Parenting’ AI […]

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a16z is backing Runta, a startup that wants to ‘parent’ your AI agents Read More »

French startup Syntetica raised $30M to recycle the nylon fashion throws away

A French startup has raised $30 million to tackle one of fashion’s hardest waste problems. Syntetica recycles nylon, and it can process two grades at once that the industry has long struggled to pull apart, its founder told TechCrunch. The Ecotechnologies 2 fund, managed by France’s public bank Bpifrance, led the round, worth €26.1 million. […]

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French startup Syntetica raised $30M to recycle the nylon fashion throws away Read More »

AI was supposed to kill the travel agent. Instead it just minted a billion-dollar one.

Fora, a platform that lets ordinary people become travel agents and gives travellers a way to find them, has raised a $60m Series D at a $1bn valuation led by Forerunner and Tactile Ventures. It has 15,000+ advisors (97% new to the profession) who have booked over $3bn in travel, an accelerating curve. Fora is […]

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AI was supposed to kill the travel agent. Instead it just minted a billion-dollar one. Read More »

SWISSto12 raised $70M, and it is that rare thing: a profitable space startup

Most space-hardware startups raise money because they are burning it. SWISSto12 raised $70m while turning a profit, an unusual thing in the satellite business. The Swiss company closed the €61m round days after ESA member states put $84.8m into its HummingSat programme, it said. That is more than $150m of fresh capital in a month. […]

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SWISSto12 raised $70M, and it is that rare thing: a profitable space startup Read More »

Sable raised $45 million from Sequoia to build an AI that runs product demos instead of humans

Sable has raised $45 million from Sequoia Capital and 8VC to build an AI system called Aidan that runs live product demonstrations, answers customer questions in real time, and switches between languages mid-conversation. The company, which is less than a year old, calls Aidan an AI employee designed to replace not just chat support but […]

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Sable raised $45 million from Sequoia to build an AI that runs product demos instead of humans Read More »

Bunkerhill Health raised $55M to put AI agents to work inside hospitals

The hard part of medical AI was never the model. It was getting a hospital to actually run it. Bunkerhill Health has raised fresh money to close that gap. The startup closed a $25m Series B led by Khosla Ventures, it told Fortune in an exclusive. That takes its total funding to $55m. Sequoia, Felicis, […]

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Bunkerhill Health raised $55M to put AI agents to work inside hospitals Read More »

Applied Computing raises $20m to build a foundation model for the refinery

A single refinery can carry thousands of sensors measuring temperature, pressure, velocity, and viscosity. According to Applied Computing, operators make decisions using less than 8% of what those sensors tell them. The London startup has raised a $20m Series A to close that gap, led by engineering giant KBR with Databricks Ventures participating. Founded in 2023, it […]

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Applied Computing raises $20m to build a foundation model for the refinery Read More »

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