OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, its largest funding round to date as the company is expected to hit the public markets this year.
The round will add to OpenAI’s war chest as it spends enormous amounts of money on AI chips, data center buildouts, and hiring top talent.
SoftBank co-led the round alongside Andreessen Horowitz, D.E. Shaw Ventures…
Sometimes an apparently good idea, a big raise from a big-name VC, and a sea of well-connected angel investors is not enough.
Less than a year after launching, Yupp is closing its business, co-founders Pankaj Gupta and Gilad Mishne announced on Tuesday.
Yupp offered a…
Meta’s natural gas binge could power South Dakota
April 2, 2026
Data centers have gotten so large that their power demands now rival entire U.S. states. Take Meta’s Hyperion AI data center, for example. When completed, the new AI data center will draw as much electricity as South Dakota.
Last week, Meta announced it would fund…
To build the autonomous machines of the future, sometimes your model needs a model.
Companies developing self-driving cars, robots manipulating the physical environment, or autonomous construction equipment collect thousands, if not millions, of hours of video data for evaluation and training.
Organizing and cataloging that video is now a job for humans, who have to watch all of it. Even…
Exclusive: Runway launches $10M fund, Builders program to support early-stage AI startups
April 1, 2026
Runway is moving beyond building AI video models and into shaping what gets built on top of them.
The AI video-generation startup has launched a $10 million venture fund to invest in early-stage companies building across AI, media, and world simulation, the company’s…
With now more than 100 million cameras in the field, Amazon-owned Ring is ready to take advantage of its sizable footprint with the launch of a new app store that will expand its cameras’ capabilities. Focused initially on areas like elder care, workforce analytics…
Fresh off a successful Series C funding round in November, the South Korean fabless AI chip startup Rebellions has raised an additional $400 million.
The latest funding infusion, which comes before a planned IPO later this year, was led by Mirae Asset Financial Group and the Korea National Growth Fund. It also comes at the same time that the company is engaging in an aggressive expansion effort…
As AI coding tools generate billions of lines of code each month, a new bottleneck is emerging: ensuring that software works as intended. Qodo, a startup building AI agents for code review, testing, and governance, is betting that verification will define the next phase of…
Starcloud’s latest funding round values the space compute company at $1.1 billion, making it one of the fastest startups to reach unicorn status after graduating from Y Combinator.
The company’s Series A, which closed 17 months after its demo day presentation…
While there’s been plenty of debate about the tendency of AI chatbots to flatter users and confirm their existing beliefs – also known as AI sycophancy – a new study by Stanford computer scientists attempts to measure how harmful that tendency might be.
The study, titled “Sycophantic AI decreases prosocial intentions and promotes dependence” and recently published in…
