The latest multi-billion dollar AI startup isn’t for writing code or generating images. It’s for answering your landlord. New York-based property and housing management company EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation, including $300 million in financing. Andreessen Horowitz and Bessemer Venture Partners are in talks
Stripe’s multi-billion-dollar pursuit of AI model marketplace startup OpenRouter isn’t just creating one of the biggest AI acquisitions of the year; it’s minting venture capital firms’ speedy wins. Andreessen Horowitz and Menlo Ventures are poised to turn investments made less than two years ago into payouts worth nearly $2 billion combined if Stripe acquires the
Whatnot is proving that there is still room for consumer startups in the age of AI. Live shopping startup Whatnot is in talks to raise financing at a valuation of about $20 billion, according to people familiar with the matter. This would be a significant jump from the $11.5 billion valuation at which the company
As AI chips become more powerful (and hotter), data centers are turning to liquid instead of air to cool servers. For newer AI systems, fans alone cannot remove enough heat. That change has created a new problem: preventing the coolant from degrading or becoming contaminated. Omen AI announced a $31 million funding round in June
Michael Burry took a break from commenting on the stock market to focus his attention on booming prediction markets like Kalshi. In short: not impressed. The investor, made famous by Michael Lewis’ crisis-era saga “The Big Short,” shared his pessimistic assessment as prediction platforms withstand criticism over how ordinary users are faring and claims that
Jeff Bezos’ Blue Origin is raising $10 billion as the rocket startup aims to catch up to Elon Musk’s SpaceX. In a memo sent to employees on Wednesday and seen by Business Insider, Blue Origin CEO Dave Limp said the company would raise funds at a valuation of $130 billion. “We are entering a period
