Two-Person AI Startup Attracts 400,000 Users in Just One and a Half Months, Endorsed by Musk

Sequoia-backed AI startup Listen Labs raises $27M to disrupt market research

Listen Labs, an AI-powered market research company backed by Sequoia Capital, has secured $27 million in funding to revolutionize the market research industry.

New York AI Startup 1Fort Raises $7.5 Million to Modernize Commercial Insurance for Small Businesses

New York-based AI startup 1Fort announced a $7.5 million seed funding round to improve the process of small businesses obtaining commercial insurance through its AI-powered platform. The company, which saw 200% revenue growth in 2024, aims to automate cumbersome and outdated manual processes, helping millions of underserved small businesses address insurance gaps. The funding round was led by Bonfire Ventures, with participation from Draper Associates.

Figma and AI Startup Lovable Clash Over 'Developer Mode' Trademark

Figma has issued a cease and desist letter to Lovable, demanding the AI startup stop using the term "Developer Mode." Figma claims the term was successfully trademarked last year. US Patent and Trademark Office records show Figma does have a feature called "Developer Mode" in its design tool and the term is trademarked. However, the dispute is not straightforward. The term "Developer Mode" is a common standard expression in numerous software products. Apple's iOS, Google's C…

SignalFire Raises Over $1 Billion to Focus on Applied AI Startups

Venture capital firm SignalFire announced it has secured over $1 billion in funding to support next-generation early-stage technology startups, particularly those innovating in applied artificial intelligence (AI). This capital will be allocated across multiple programs including SignalFire's Seed, Early, XIR (High-Retention), and Opportunity programs. The firm stated that this funding will be used to back founders pursuing disruptive innovations with the potential to 'reshape entire categories'. Image note: Image generated by AI, image licensing provided by Midjourney.

Mira Murati's New AI Startup Aims for Historic $20 Billion Seed Round

Thinking Machines Lab, a new AI startup from former OpenAI CTO Mira Murati, is reportedly pursuing one of the largest seed funding rounds in history. According to Business Insider, the company has doubled its seed funding target to $20 billion. If successful, this round would value the company at least $10 billion. Thinking Machines Lab has only recently emerged from stealth mode and currently has no publicly available products.

SandboxAQ, Quantum AI Startup, Raises $450 Million with Google and Nvidia Investment

Quantum artificial intelligence startup SandboxAQ announced the successful completion of its Series E funding round, raising $450 million. This round attracted investment from industry giants including Google, Nvidia, and BNP Paribas, bringing SandboxAQ's total funding to $950 million. The company stated that the funds will be used to accelerate the development of its large quantum models and foster collaborations across various industries. Image note: Image generated by AI, image licensing provider Midjourney.

OpenAI Executives Depart to Launch Materials Science AI Startup

Baichuan Intelligent Co-founders Jiao Ke and Chen Weipeng Depart, Joining the AI Startup Boom

Nvidia's AI Investment Surge: 49 Deals in 2024 Exceed Past Years!

In the midst of the AI revolution, no company is better positioned than Nvidia. Since ChatGPT ignited the market over two years ago, the high-performance GPU giant's revenue, profitability, and cash reserves have skyrocketed, driving its stock price higher. Fueled by its growing wealth, Nvidia is aggressively expanding its investments in AI, particularly in startups. According to PitchBook data, Nvidia significantly increased its venture capital activity in 2024, participating in 49 rounds of AI-related funding.

Google's Secret Stake: 14% Ownership in Anthropic Revealed, Total Investment Exceeds $3 Billion

Court documents obtained by The New York Times reveal a closer-than-expected relationship between Google and San Francisco-based AI startup Anthropic. The filings show Google currently holds a 14% stake in Anthropic and plans to invest a further $750 million this year through a convertible debt agreement. This brings Google's total investment in Anthropic to over $3 billion. Image caption: Image generated by AI, licensed through Midjourney.