Jeff Dean spent 27 years helping build Google. Now, investors could be betting $1 billion that he can build the next big thing in AI outside it. The legendary Google engineer has been in discussions for $1 billion in financing at a valuation of around $10 billion for his new AI startup, Discovery Loop, people
Cybersecurity startup Horizon3 has raised a $250 million Series E at a $2 billion valuation, more than tripling its valuation in 14 months. The San Francisco-based firm drew backing from returning investors NightDragon and NEA. The funding arrives as two major AI research labs disclosed last week that their models had breached systems outside their
Elon Musk’s tunneling startup The Boring Company is in talks to raise a $4 billion funding round at a $20 billion valuation, according to The Wall Street Journal. The deal has not been finalized and the terms could change, says the WSJ. At $20 billion, the valuation would be a significant increase over The Boring
Defense technology company Anduril is said to be raising a new round of capital that may increase its valuation to between $40 billion and about $100 billion, Reuters reported, citing unnamed sources. The company, which raised $5 billion in May at a valuation of $61 billion (roughly double the $30.5 billion valuation it garnered in
Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth as a unicorn, betting that artificial intelligence is changing the way companies protect employee devices. The Palo Alto-based startup said Wednesday it raised $180 million in an all-equity Series A funding round that valued it at $1.2 billion, with backing from
When de-extinction startup Colossal Biosciences revealed last year that it was attempting to “resurrect” the dire wolf from genetic material found in fossils, we argued that, despite the controversy surrounding the project, the company was building valuable technologies that justify its $10.2 billion valuation. Now, about 16 months later, the startup is in talks to