Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation
The hard part of electrifying a motorcycle in Lagos or Nairobi was never the motorcycle, it was the charging. A rider who earns by the trip cannot afford to sit for hours waiting for a battery to fill, which is why Spiro built its business around swapping instead: pull in, trade a flat pack for […]<br /> This story continues at The Next Web [...]
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Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China
China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]
Bunkerhill Health raised $55M to put AI agents to work inside hospitals
The hard part of medical AI was never the model. It was getting a hospital to actually run it. Bunkerhill Health has raised fresh money to close that gap. The startup closed a $25m Series B led by Kho [...]
Healthcare’s $97bn staffing problem just won an AI training startup a $55M round
America’s hospitals are spending around $97bn a year renting staff they cannot train fast enough. Stepful thinks AI can fix the supply side, and investors have just handed it $55mn to try. The New Y [...]
An F1 aerodynamicist just raised $55m to teach factory robots, using footage of people doing chores
Bercan Kilic got his dream job in 2023, designing aerodynamics for Red Bull Racing while it was winning everything. He found the engineering magnificent and the point of it thin. His Munich startup, m [...]
Deepseek nears $45 billion valuation as China's state chip fund leads round
Deepseek is close to a funding round that could value the Chinese AI lab at roughly $45 billion, according to the Financial Times.<br /> The article Deepseek nears $45 billion valuation as China [...]
Claude company Anthropic nears a trillion-dollar valuation after raising $65 billion in Series H
Anthropic raises $65 billion in a Series H round at a $965 billion valuation. Annualized revenue tops $47 billion, according to CFO Krishna Rao. The company plans to invest in safety research, computi [...]
Obsidian Security hits a $1.1bn valuation as AI reshapes the threat
Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn va [...]
SEC lawsuit claims Musk gained over $150 million by delaying Twitter stake disclosure
After a more than two-year investigation, the Securities and Exchange Commission has sued Elon Musk over his delayed disclosure of the Twitter stock he amassed before announcing his intention to acqui [...]