The iron-core transformer is the 140-year-old technology that props up both the electrical grid and AI companies. The devices are clunky but reliable, which explains…
Category: Business
Legora reaches $5.55 billion valuation as AI legal tech boom endures |
Legora, an AI platform for lawyers, is now valued at $5.55 billion following a $550 million Series D set to fuel its growth in the…
AI network startup Eridu emerges from stealth with hefty $200M Series A |
Drew Perkins has been inventing computer network tech and building startups since the dawn of the internet age. Now he’s back as a co-founder and…
Uzbekistan’s Uzum valuation leaps over 50% in seven months to $2.3B |
Uzbekistan fintech Uzum has reached a $2.3 billion valuation — about 53% higher than just seven months ago — as investors place growing bets on…
Yann LeCun’s AMI Labs raises $1.03 billion to build world models |
AMI Labs, the new venture cofounded by Turing Prize winner Yann LeCun after he left Meta, has raised $1.03 billion at a $3.5 billion pre-money…
Bluesky CEO Jay Graber steps down |
12:32 PM PDT · March 9, 2026 Bluesky CEO Jay Graber is stepping down from the top leadership position and transitioning to a new role…
Palmer Luckey’s retro gaming startup ModRetro reportedly seeks funding at $1B valuation |
In Brief Posted: 2:26 PM PDT · March 8, 2026 ModRetro, the vintage gaming startup by Palmer Luckey, is in talks to raise funding at…
Robinhood’s startup fund stumbles in NYSE debut |
Retail investors are famously locked out of the startup world. Robinhood is attempting to change that by allowing the general public to invest in a…
Anthropic’s Pentagon deal is a cautionary tale for startups chasing federal contracts |
10:09 AM PST · March 6, 2026 33 min The Pentagon has officiallydesignatedAnthropica supply-chain riskafter the two failed to agree on how much control the…