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ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into global financial services. The company has invested $40 million in BusinessNext, valuing the 24-year-old Indian firm at $700 million and taking a roughly 5% stake….
As Chinese open-weight AI models grow in capability and popularity, arguments about what should be done about them have once again reached a fever pitch. There’s talk that the Trump administration might try to ban them (though it hasn’t yet acted on the idea). Meanwhile, proprietary model makers, particularly OpenAI and Anthropic, appear increasingly concerned…
Cascade, a startup building a platform to help architecture, engineering and construction firms find and win projects, has raised a $3.5 million seed round from Andreessen Horowitz Speedrun, Ada Ventures, and Snowball VC. Launched in 2025, Cascade is a result of its founders, Hannia Zia and Joana Ferreira, witnessing first-hand the difficulty construction businesses face…
Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth as a unicorn, betting that artificial intelligence is reshaping how enterprises secure employee devices. The Palo Alto-headquartered startup on Wednesday said it raised $180 million in an all-equity Series A funding round that valued it at $1.2 billion, with backing from…
For years, Synthesia’s pitch was to use AI to help enterprises create interactive training videos, in minutes, for a fraction of the cost normally associated with developing corporate educational materials. The startup’s newest product is making a different bet — that the real moat in enterprise AI isn’t just generating content, but in proving that…
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, roughly 16 months later, the startup is in talks to…
AI infrastructure company Infinity announced a $15 million raise at a $100 million valuation on Monday from investors including Touring Capital, Principal VC, and researchers from companies such as OpenAI and Anthropic. The startup is building software to make it easier for AI chips to run AI models. One big reason Nvidia became the top player is not just its…
Valar Atomics, a startup building small modular nuclear reactors (SMRs) — essentially miniaturized, factory-built power plants designed to be cheaper and faster to deploy than traditional reactors — is in talks to raise a new round of capital, according to three sources familiar with the company. The three-year-old company is seeking a valuation of about…
The window is almost shut. On August 19, eight startups will take the stage at Stripe Tour Sydney in front of investors, global press, and the Australian tech community. One startup walks away with automatic entry into TechCrunch Disrupt in San Francisco — no application, no further competition, a guaranteed spot on the world’s most…
Databricks on Thursday announced a new round of funding that values the company at $188 billion. The round was led by Coatue. Databricks didn’t disclose exactly how much it raised; it said the money isn’t in its hands yet and that the round will close later in this summer. (Other outlets have since reported the…