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Amagi Media Labs, a Bengaluru-headquartered company that sells cloud software used to run and monetize TV and streaming channels, saw its shares slide in its India market debut after raising ₹17.89 billion (about $196 million) in an IPO — a deal that stands out in a market still dominated by consumer companies going public. Shares…
The AI industry entered 2025 with strong momentum. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “mega-round,” and seven companies raised rounds that were $1 billion in size or larger. The industry didn’t slow down in 2025. While less companies raised rounds larger than $1 billion, four — Anthropic raised…
Database provider ClickHouse secured $400 million at a $15 billion valuation, Bloomberg reported, representing about a 2.5x increase from its $6.35 billion valuation last May. The round was led by Dragoneer Investment Group, the startup said, with participation from investors including Bessemer Venture Partners, GIC, Index Ventures, Khosla Ventures, and Lightspeed Venture Partners. ClickHouse, which…
ElevenLabs, the AI voice generation startup, crossed $330 million in annual recurring revenue (ARR), CEO Mati Staniszewski said in an interview with Bloomberg. “Really, what this [growth in ARR] shows is that trajectory across the company. We started the company in 2022 and launched the first product in 2023. It took us 20 months to…
Articul8, an enterprise AI company spun out of Intel in early 2024, has secured more than half of a planned $70 million funding round at a $500 million pre-money valuation, according to its CEO, as it looks to capitalize on growing demand for AI systems in regulated industries. The Series B funding round is structured…
A couple of weeks after Merriam-Webster named “slop” as its word of the year, Microsoft CEO Satya Nadella weighed in on what to expect from AI in 2026. In his classic, intellectual style, Nadella wrote on his personal blog that he wants us to stop thinking of AI as “slop” and start thinking of it…
Concerns about how AI will affect workers continue to rise in lockstep with the pace of advancements and new products promising automation and efficiency. Evidence suggests that fear is warranted. A November MIT study found an estimated 11.7% of jobs could already be automated using AI. Surveys have shown employers are already eliminating entry-level jobs…
Enterprises have been piloting and testing different AI tools for the past few years to figure out what their adoption strategy will look like. Investors think that period of experimentation is coming to an end. TechCrunch recently surveyed 24 enterprise-focused VCs and an overwhelming majority predicted enterprises will increase their budgets for AI in 2026…
It’s been three years since OpenAI released ChatGPT and kicked off a surge in innovation and attention on AI. Since then, optimists have regularly claimed that AI will become a critical part of the enterprise software industry, and so enterprise AI startups mushroomed on the back of immense amounts of investment. But enterprises are still…
Enterprise software company ServiceNow agreed to acquire nine-year-old cybersecurity startup Armis for $7.75 billion in cash. The deal is a massive valuation jump for the company. Just last month, Armis raised a $435 million pre-IPO funding round, which valued the company at $6.1 billion. Armis co-founder and CEO Yevgeny Dibrov had told TechCrunch last month…