41 results found
Europe's tech sector saw substantial funding from March 30-April 5, led by Mistral AI's $830M debt for AI compute. The week highlighted a strategic European focus on building foundational infrastructure across AI, quantum, and deep tech, aiming for increased technological autonomy and global influence.
Compliance startup Delve has been removed from Y Combinator's portfolio amidst accusations of fake compliance, misleading clients, and data issues. This follows Insight Partners' earlier distancing. Delve's leadership attributes the claims to a malicious attack and has apologized, outlining steps to restore customer trust.
Meta has indefinitely paused its collaboration with data vendor Mercor due to a significant security breach that could expose proprietary AI training data. The incident, confirmed by Mercor on March 31, is linked to the TeamPCP hacking group and impacts crucial information for major AI labs like OpenAI and Anthropic. This supply chain attack highlights the vulnerabilities in the AI ecosystem and the sensitive nature of data used for model development.
In a decisive move signaling its intent to build an AI empire independent of OpenAI, Microsoft has unveiled three proprietary AI models: MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2. Released on April 3, 2026, these
Gateway Capital, founded by Dana Guthrie, has completed the first close of its $25 million target Fund II, enabling immediate investment operations. The Milwaukee-based firm plans to back at least 20 Midwest-focused companies with average checks between $500,000 and $600,000, targeting sectors like supply chain, logistics, and manufacturing AI.
Nomadic secures $8.4 million in seed funding, valuing the AI startup at $50 million. Its platform transforms vast autonomous vehicle and robot video data into structured, searchable datasets, critical for AI training and identifying crucial edge cases.
Mantis Biotech has secured $7.4 million in seed funding to advance its platform for creating 'digital twins' of humans. These physics-based, predictive models aim to solve the critical data availability issues in biomedical research, especially for rare diseases, by generating synthetic datasets. Currently, Mantis is applying its technology in professional sports to predict athlete performance and injury, with plans to expand into preventative healthcare and pharmaceutical research.
Europe's tech sector saw over $1.1 billion in funding and fund closes from March 23-29, with significant investments flowing into deep tech, AI infrastructure, and a diverse range of sectors including biotech, space, and defense. This highlights a strategic continental focus on foundational innovations and long-term technological advancements.
All eleven co-founders of Elon Musk's artificial intelligence company, xAI, have reportedly departed, culminating in a complete overhaul of its founding team. This exodus follows Musk's admission that xAI's products were "not built right" and comes amidst a $250 billion acquisition by SpaceX and a highly competitive AI talent market.
Smartsheet has announced four C-suite changes, including two new hires and two promotions, as CEO Rajeev Singh continues to build his leadership team after recent layoffs. Separately, fashion rental startup Armoire has appointed Morgan Cundiff as head of product and machine learning. Additionally, long-time Microsoft director Javier Páramo has launched AIQLinea, a new Redmond-based startup focused on guiding companies through AI adoption strategies.
Aetherflux, founded by Robinhood co-founder Baiju Bhatt, is reportedly raising a Series B round of $250M-$350M at a $2 billion valuation, with Index Ventures leading. The startup has strategically pivoted from space solar power to developing space data centers for AI, aiming to launch its first orbital data center by 2027. This move places Aetherflux in a competitive emerging market alongside other major space companies.
Utrecht, Netherlands – Laigo Bio, a pioneering Dutch biotech firm, has successfully concluded an oversubscribed €17 million seed funding round. The substantial capital infusion, which saw an additional €5.5 million
Blossom Health, a New York-based telepsychiatry startup, has raised $20 million in combined seed and Series A funding. The capital will scale its AI-powered platform, which uses clinical copilots and automated administrative support to help psychiatrists address the severe U.S. mental health care shortage. The company aims to improve access and efficiency while maintaining clinical quality.
A Los Angeles jury found Meta and Google (YouTube) liable for intentionally building addictive social media platforms that harmed a young woman's mental health, awarding $3 million in compensatory damages. This landmark verdict is the first of its kind in the US, establishing a crucial legal precedent for over 1,500 similar cases against tech giants.
Insight Partners has removed a key article about its Series A investment in compliance startup Delve, following whistleblower allegations of "fake compliance" and fabricated audit evidence. The move by the prominent venture capital firm suggests a potential distancing from Delve, which denies the claims, asserting it provides an automation platform and templates, not reports.
Compliance startup Delve, a prominent Y Combinator-backed company with a recent $32 million Series A funding round valuing it at $300 million, is currently facing serious accusations of misleading hundreds of customers
Compliance startup Delve, a Y Combinator-backed company that raised a $32 million Series A last year at a $300 million valuation, is facing serious allegations of providing “fake compliance” services. An anonymous
Nvidia's GTC conference featured CEO Jensen Huang projecting $1 trillion in AI chip sales by 2027, unveiling an 'OpenClaw strategy,' and emphasizing Nvidia's foundational role in AI and robotics, impacting startups.
K2 Space, a startup founded by former SpaceX engineers Karan and Neel Kunjur, is set to launch its inaugural high-powered satellite, Gravitas, this month aboard a SpaceX Falcon 9 rocket. The ambitious mission aims to
Voting is officially open for the 18th annual GeekWire Awards, celebrating the Pacific Northwest's top tech innovators and entrepreneurs. With 50 finalists across 10 categories, the community is invited to cast their ballots by April 10 ahead of the May 7 live event in Seattle.
Vilnius-based WhiteBridge AI, a people-search and digital identity platform, has secured a $3 million seed round led by FIRSTPICK VC. The capital will boost data integrations, enhance verification infrastructure, and further develop its comprehensive search and research platform, empowering both businesses and individuals with clearer online identity management.
The U.S. Army announced late Friday a landmark 10-year contract with defense technology startup Anduril, a deal that could be valued at up to $20 billion. This significant agreement is set to streamline the Army's
New York-based financial operations giant Ramp has acquired Stockholm fintech Billhop, gaining crucial regulatory licenses to launch its corporate spend management platform in the UK and European markets this summer. This strategic move, announced March 13, 2026, allows Ramp to directly serve businesses across the European Economic Area and the UK. The acquisition comes as Ramp's US rival, Brex, is being acquired by Capital One, positioning Ramp for significant global expansion.
India's prominent neobank, Fi, is discontinuing all banking services on its platform, over four years after launching them in collaboration with Federal Bank. The Bengaluru-based fintech, founded by former Google Pay
NVIDIA has announced a multiyear strategic partnership and a significant investment in Mira Murati's AI startup, Thinking Machines Lab. The deal includes a commitment for Thinking Machines to deploy at least a gigawatt of NVIDIA's next-gen Vera Rubin systems, reportedly worth tens of billions of dollars, fueling the AI compute race.
