AI coding startup Cognition raises $1B at $25B pre-money valuation |

In Brief Posted: 9:00 AM PDT · May 27, 2026 Cognition, the makers of the autonomous AI software engineer namedDevin, has raised more than $1…

Tech CEOs are apparently suffering from AI psychosis |

There is a certain wildness in the tech industry these days that both mimics previous eras of large changes, like cloud computing (runaway costs in…

OpenRouter more than doubles valuation to $1.3B in a year |

In Brief Posted: 11:33 AM PDT · May 26, 2026 Popular AI gateway maker OpenRouter, founded in 2023, has raised a hefty $113 million Series…

Amazon fulfillment competitor Stord raises $250M at $3B valuation |

In Brief Posted: 5:00 AM PDT · May 26, 2026 E-commerce logistics company Stord has raised a $250 million round at a $3 billion valuation,…

The pitch trick that helped an eSports startup raise $20M when VCs only wanted AI |

Earlier this year, Lucra Sports founder and CEO Dylan Robbins did something that no one else has ever done. He landed famed public investor Cathie…

Sam Altman makes ‘mic drop’ offer to every Y Combinator startup |

During a Y Combinator event on Tuesday night, Sam Altman had what YC partner Tyler Bosmeny called a “mic drop moment.” Altman offered $2 million…

OpenAI barrels toward IPO that may happen in September |

In Brief Posted: 10:24 AM PDT · May 20, 2026 A day after Elon Musk lost his lawsuit that threatened OpenAI’s structure, leadership, and finances,…

NanoClaw creator turns down $20M buyout offer, raises $12M seed instead |

NanoCo, the company behind security-focused OpenClaw alternative NanoClaw, has raised an oversubscribed $12 million seed round following a viral launch, its founders tell TechCrunch. The…

$60B AI chip darling Cerebras almost died early on, burning $8M a month |

Today, Cerebras Systems is a public company that sells AI chips for inference to giants like OpenAI and AWS. It held a blockbuster IPO on…

Anduril raises $5B, doubles valuation to $61B |

7:44 AM PDT · May 13, 2026 Another year, another massive influx of capital for Anduril: The funding round that was rumored to be in…