Pablo Palafox likes to say his company is “getting started” even as its valuation just crossed ten figures. HappyRobot, the startup that builds AI agents to run the phone calls, emails, and scheduling that keep supply chains moving, just raised a $150 million Series C at a $1.2 billion valuation, Fortune learned exclusively. Prysm Capital
Palantir CEO Alex Karp took a victory lap over the company’s explosive growth, saying it managed to boost its commercial business using a “miniscule and shrinking” sales team. In the shareholder letter accompanying Monday’s second-quarter results, Karp said it was another case of Palantir ignoring the norms of growing a business. “On a quarter-by-quarter basis,
Thank you for subscribing to Fortune Gulf Brief and joining our community. Given the significant news flow from the Gulf early in the week, going forward, we’re moving the newsletter from Tuesday to Wednesday to give you a fuller picture of the trends and stories that matter. Fortune Exclusive: The inside track on the UN-backed plan to reopen
Kalshi’s CEO says the scrutiny his company is facing is just part of a cycle that most disruptive startups must go through. Tarek Mansour, the prediction market’s cofounder, spoke on CNBC on Monday about the lawsuits Kalshi is facing from multiple states. “I think the more interesting thing that’s at play here is that you
Craigslist founder Craig Newmark vowed to give away his fortune to his passions: combatting disinformation, election security, cybersecurity, and… pigeons. And now OpenAI cofounder Greg Brockman and his wife, Anna, have donated $5.5 million to a fundraiser to buy land slated for development near some very famous eagles’ nest. The birds in question are Jackie
Washington and Tokyo’s rare joint intervention to support the yen has put renewed focus on Japan, the largest foreign holder of US Treasurys. Early on Tuesday, the dollar-yen pair traded at around 157 against the dollar after rebounding from a nearly four-decade low of around 164, following intervention by US and Japanese authorities on Friday.
