For over a century, fire protection has been limited to water and chemicals. And while they can prevent catastrophic fires, the cleanup bills can be…
Category: Business
Higgsfield raises $400M Series B, quadrupling its valuation in 8 months to $5.4B |
Higgsfield announced Monday that it has raised a $400 million Series B at a $5.4 billion valuation. This new round is just eight months after…
Terra Industries closes $52M seed round to build defense infrastructure for the Global South |
In Brief Posted: 8:06 AM PDT · August 17, 2026 African defense tech company Terra Industries on Monday announced an additional $18 million in funding,…
Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+ |
Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg. OpenRouter helps customers to select different AI models to perform…
SpaceX officially closes its Cursor acquisition |
AI coding startup Cursor is now officially a part of SpaceX, according to an announcement on the Cursor blog. Elon Musk’s SpaceX — which also…
Kog is going deeper to squeeze more inference out of GPUs |
The race for faster AI inference is on, and markets gave Cerebras and its purpose-built chips a warm welcome in its IPO debut in May.…
Investors sue Selena Gomez alleging fraud tied to her mental health startup |
In Brief Posted: 3:12 PM PDT · August 13, 2026 Singer and actress Selena Gomez and her mother are being sued over their mental health…
Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. |
There’s a funny kind of game that the latest of late-stage startups must play when raising money. They often have to sell more shares than…
AI coding startup Cognition reportedly already in talks to raise at $40B valuation |
In Brief Posted: 11:19 AM PDT · August 12, 2026 Cognition, makers of the AI coding agent Devin, is reportedly already talking to investors about…