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India’s Snabbit seeks fresh funding at a $400M valuation, sources say Snabbit has scaled rapidly, crossing one million jobs in March, amid growing investor interest. Snabbit has scaled rapidly, crossing…

Lachy Groom to back India startup Pronto at a $200M valuation, sources say This round, should it occur, would double the house-help startup's valuation in a matter of weeks. This…

Steve Ballmer blasts founder he backed who pleaded guilty to fraud: ‘I was duped and feel silly’ Steve Ballmer wrote a fiery letter in the sentencing of disgraced founder Joseph…

Palantir is reportedly helping the IRS investigate financial crimes The IRS has used Palantir's software since at least 2018, The Intercept reports. The IRS has used Palantir's software since at…

Cohere acquires, merges with German-based startup to create a ‘transatlantic AI powerhouse’ Cohere, the Canada-based AI company that makes AI tools for businesses in regulated industries, announced Friday it would…

Two college kids raise a $5.1 million pre-seed to build an AI social network in iMessage Series, a social networking app that's grown popular on college campuses, announced a $5.1…

Meta’s loss is Thinking Machines gain Meta has been poaching talent from Thinking Machines Lab. But it's a two-way street. Meta has been poaching talent from Thinking Machines Lab. But…

X-energy stock pops 27% on first day of trading following upsized IPO Investors flocked to nuclear power startup X-energy in its first day of public trading on the Nasdaq. Investors…

ComfyUI hits $500M valuation as creators seek more control over AI-generated media ComfyUI, whose tools give creators more control over AI image, video, and audio generation, just raised $30M. ComfyUI,…

X launches standalone XChat app on iOS X's new app promises private chats, disappearing messages, audio and video calls and more. X's new app promises private chats, disappearing messages, audio…