Startups and technology

Auto Added by WPeMatico

Bending Spoons is buying Airtable for $1.285bn: “We’re committed for the long run”

Bending Spoons has agreed to buy Airtable for $1.285bn. Its chief executive is selling the deal as a long-term bet. “Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows,” said Luca Ferrari, the Italian company’s CEO and co-founder. He added that Bending Spoons is “committed to investing in Airtable for […]

This story continues at The Next Web

Bending Spoons is buying Airtable for $1.285bn: “We’re committed for the long run” Read More »

Nvidia and Dell back AI cloud startup Volta at a $2.4bn valuation

A new company wants to be the one that pays for everyone else’s AI chips. Volta Infra Holdings has raised $300m in venture funding and lined up a further $5bn in financing to help a broader range of tech firms afford Nvidia’s costly hardware, in a round that values it at $2.4bn. The raise was […]

This story continues at The Next Web

Nvidia and Dell back AI cloud startup Volta at a $2.4bn valuation Read More »

The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil.

People tell the AI boom as a story about chips and models. Underneath it is metal. Every data centre, chip, power line and robot starts with copper and a handful of other minerals. The United States has quietly lost control of where they come from. A two-year-old startup just raised $310m to change that. Mariana […]

This story continues at The Next Web

The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil. Read More »

The danger isn’t the AI model. It’s the agent acting on its own, and Zenity raised $125m to watch it.

Most of the money spent guarding AI has gone to the model and the prompt. Zenity has just raised $125m on a different argument: both miss the real danger. That danger is the AI agent that acts on its own. The Israeli startup secures what agents do once a company lets them loose inside its […]

This story continues at The Next Web

The danger isn’t the AI model. It’s the agent acting on its own, and Zenity raised $125m to watch it. Read More »

A startup that lets AI hack your own network just tripled to $2bn, days after AI models hacked networks for real.

A company whose product is an AI that hacks your network has just tripled in value. It did so in the same week that AI hacking stopped being hypothetical. Horizon3 has raised a $250m Series E at a valuation above $2bn, up from $650m a year ago. The timing is the story. Days earlier, OpenAI […]

This story continues at The Next Web

A startup that lets AI hack your own network just tripled to $2bn, days after AI models hacked networks for real. Read More »

A startup says the AI bottleneck isn’t compute. It’s memory, and it ditched the GPU to prove it.

The AI hardware conversation is stuck on one word: compute. A startup out of Tel Aviv wants to change the word to memory. Majestic Labs, founded in 2023 by former Google and Meta engineers, has unveiled a server it says can do the work of a rack of Nvidia GPUs. It does so by attacking […]

This story continues at The Next Web

A startup says the AI bottleneck isn’t compute. It’s memory, and it ditched the GPU to prove it. Read More »

Yellow.ai is going public to buy the call centres it wants to replace with AI

Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing operators it aims to automate. The deal folds Yellow.ai into Bluerock Acquisition […]

This story continues at The Next Web

Yellow.ai is going public to buy the call centres it wants to replace with AI Read More »

A two-year-old battery startup just hit $13bn by turning American homes into grid capacity.

A home-battery company that did not exist three years ago is now worth $13bn. Base Power has raised $1bn in a Series D and launched its own battery, Base Core. The bet behind the number is blunt: the grid cannot keep up with America’s power demand, and thousands of home batteries can. The round values […]

This story continues at The Next Web

A two-year-old battery startup just hit $13bn by turning American homes into grid capacity. Read More »

A Korean chip startup just quadrupled to $2.2bn, betting AI’s next money is outside the data centre.

A South Korean chip designer few outside the industry have heard of just became a $2.2bn company. DeepX has signed the first tranche of a Series D round that values it at roughly four times its previous mark. And it is not finished raising. The first slice is about $29m, from existing backers BNW Investment […]

This story continues at The Next Web

A Korean chip startup just quadrupled to $2.2bn, betting AI’s next money is outside the data centre. Read More »

Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public

The AI boom needs colossal amounts of electricity. That has turned fusion, forever mocked as “30 years away,” into one of the hottest bets in tech. The best-funded player just raised another $1 billion. Commonwealth Fusion Systems, based in Massachusetts, said the round takes its total to $4 billion, roughly 30% of all the money […]

This story continues at The Next Web

Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public Read More »

Shopping Cart