Startups and technology

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Raindrop hits $50m in funding to catch AI agents failing in production

“Agents now run for hours, call thousands of tools, and handle real money, real health data, and real customers,” said Zubin Koticha, chief executive of Raindrop. “When an agent fails, it does the wrong thing convincingly at scale until someone happens to notice.” Raindrop has raised a Series A led by CRV. That takes total […]

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Beacon buys Haize Labs to stop its AI agents going wrong

“The Fortune 500 will have no shortage of AI,” said Leonard Tang, co-founder and chief executive of Haize Labs. “The harder problem is making AI useful for the businesses that power the rest of the economy, where most humans work and receive value.” Tang said that in a statement confirming that Beacon Software has bought […]

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Crusoe raises $3.9bn and starts trucking data centres to spare power

“Getting there means controlling the infrastructure from electrons to tokens,” said Chase Lochmiller, co-founder and chief executive of Crusoe. He was describing what he called an era of abundance brought by AI. The Denver company announced the initial closing of a $3.9bn Series F on 17 September, in a statement. It puts the post-money valuation […]

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Comp AI raises $34m to turn compliance into continuous monitoring

“Security software shouldn’t just track the work. It should understand the business, perform the work, and act as risk changes,” said Lewis Carhart, chief executive and co-founder of Comp AI. The Miami company has raised a $34m Series A led by Roo Capital and Grand Ventures, it announced on 17 September. It has raised $37.5m […]

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Treble raises $18m to give physical AI a sense of hearing

“AI models and devices that perform well in a laboratory can struggle when they encounter reverberation, background noise, or an unfamiliar physical environment,” said Finnur Pind, co-founder and chief executive of Treble Technologies. The Reykjavík company has raised $18m, about €15m, in a Series A-2 round, it announced on 17 September. Paladin Capital Group led […]

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Factory raises $200M at a $5B valuation for its AI coding agents

“Across the world’s largest enterprises, we are seeing a move from individual coding agents to software factories that serve as the core foundation from which an entire software company operates,” said Matan Grinberg, co-founder and CEO of Factory. The San Francisco company has raised $200 million at a $5 billion valuation, it said in a […]

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Arcee AI built Trinity for about $20m, and investors now value it at $1bn+

“Organizations should not have to choose between the capabilities of a frontier model and the ability to control the technology at the center of their work,” said Mark McQuade, co-founder and chief executive of Arcee AI. The San Francisco company builds open-weight AI models. It has raised a Series B round that values it at […]

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“We’re way past vibes”: Lovable’s Anton Osika on who should build software

“We’re way past vibes,” Lovable co-founder and chief executive Anton Osika said at Salesforce’s Dreamforce conference in San Francisco. He was answering critics who say software built with AI by people outside engineering is a security risk. Osika spoke with TIME’s Ayesha Javed in a TIME100 session at Salesforce’s Dreamforce 2026. The title was “The […]

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When software starts shaping family memory

There is a particular kind of question that families postpone for years. It is difficult not because the answer is secret, but because the question is too large: Tell me about your life. Faced with it, even a willing storyteller may retreat into generalities. A childhood becomes “happy”. A marriage was “good”. A migration, a […]

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OpenAI buys camera startup Glass Imaging for over $300m, WSJ reports

OpenAI has bought Glass Imaging, a startup that uses AI to improve smartphone cameras, in a deal that values it at more than $300m. The Wall Street Journal reported the purchase on 14 September, citing people familiar with the matter. According to the WSJ, OpenAI bought the company quietly in recent months. Neither company has […]

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