Startups and technology

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Meta launched Pocket in the US, and the app it came from shut down the same day

Meta has launched Pocket across the United States. The app it is based on shut down the same day. Pocket had been testing quietly in Brazil since July. It is now available to everyone in the US. Pocket lets people type a prompt and get back a small interactive thing, which Meta calls a gizmo. […]

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Anthropic’s enterprise venture has bought its second consultancy in four months

Ode, the enterprise AI company Anthropic set up with Blackstone, has bought an AI consultancy called Casper Studios. Casper helps companies put Claude to work inside software their staff already use, Ode said on Thursday. The announcement gives no price. It is the second consultancy Ode has absorbed in four months. The company Anthropic built […]

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Astromech raised $20mn at $3.8bn to forecast how biology breaks

Astromech has raised $20mn at a $3.8 billion valuation to build AI that predicts how living systems will change. The company says its models learn from 3.8 billion years of biological history. The valuation and the training window are the same number, and nobody has said whether that is a coincidence. Bob Nelsen led the […]

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Starcloud raised $250mn to buy rockets it cannot yet book

Starcloud has raised $250mn to put AI compute in orbit, and a large part of the money is earmarked for rockets it cannot yet book. The Series A extension values the company at $2.3bn post-money, the company said. Its total raised now stands at $450mn. Starcloud was founded in 2024, and its March round valued […]

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Nvidia pays Poolside $6bn to license its model factory and hire 109 staff

Nvidia has agreed to pay Poolside $6bn to license the software the startup used to build AI models, and to offer jobs to 109 of its staff. It is also investing $1bn in what remains, at a $12bn pre-money valuation. The terms come from a letter Poolside sent its investors, first reported by Newcomer. The […]

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Castelion raises $1bn at $13bn to scale hypersonic weapon production

Castelion has raised $1bn at a $13bn valuation. Three SpaceX executives founded the company in 2022 to build missiles. Its first product is Blackbeard, a hypersonic strike weapon designed for quantity rather than craft. The structure repays a close read. The round is $800m in equity plus $250m of committed financing for a revolving credit […]

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EliseAI is in talks to raise $300mn at a $3.7bn valuation

EliseAI is in talks to raise $300mn at a $3.7bn valuation, according to Business Insider. Katie Roof reported the round on Tuesday, citing sources familiar with it. Andreessen Horowitz and Bessemer Venture Partners are in talks to lead it. The details are not settled. Roof wrote that the numbers could still change. EliseAI, a16z and […]

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Space raises $2.4M to abolish the hard drive with an AI-native filesystem for humans and agents

Every few years, someone promises to abolish the hard drive. The latest is Space, a San Francisco startup coming out of stealth with $2.4m in pre-seed funding and an unusually literal pitch: a distributed filesystem that lets people and AI agents work across petabytes of live data while using, the company claims, zero local disk […]

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Cursor Origin is on by default for paid users, and its data terms are unpublished

Cursor started rolling out Origin, its own code hosting platform, on Monday morning. About three and a half hours later GitHub fell over. The order matters, because most of the internet reversed it. Matt Palmer works at Cursor. He quote-tweeted his own company’s launch with a line that then travelled further than the product. Cursor […]

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Wispr raised $280mn at $2bn to argue the text box is finished

Wispr has raised $280mn at a $2bn valuation. Menlo Ventures led the round, having led the last one too. Total funding now stands at $361mn. The company makes Wispr Flow, a dictation app that turns speech into cleaned-up text in whatever application your cursor happens to be in. Reuters reports the previous round valued it […]

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