Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round

The Y Combinator-backed AI-native insurance carrier closed its Series A in January at a $630m valuation. The Series B doubles that figure and funds expansion beyond startup insurance into trucking, wh [...]

The UK Is Betting on a Billion-Dollar AI Supercomputer to Kick Its Addiction to US Tech

The British government thinks a state-backed infrastructure initiative will help supercharge homegrown chip startups. [...]

Jeff Bezos’s representative just left the board of a startup that raised $1.4 billion on his name. The first truck has not been built.

  The person who connected Jeff Bezos to one of the most ambitious electric vehicle startups in America has left its board. Melinda Lewison, who manages the Bezos family office and was listed as a di [...]

Software engineering’s bottleneck is no longer code

For most of the history of software, planning was sacred. You had to plan before anyone touched a keyboard, because the cost of building the wrong thing could be so punishing, especially for startups, [...]

Intercom, now called Fin, launches an AI agent whose only job is managing another AI agent

The company formerly known as Intercom just did something that no major customer service platform has attempted at scale: it built an AI agent whose sole job is to manage another AI agent.Fin Operator [...]

AI startup revenue hits $80 billion, but Anthropic and OpenAI take almost all of it

Anthropic and OpenAI now capture 89 percent of revenue among top AI startups, according to an analysis by The Information.<br /> The article AI startup revenue hits $80 billion, but Anthropic an [...]

Eli Lilly is acquiring three vaccine startups as it makes a push into infectious disease

The deals give Lilly vaccines targeting shingles, bacterial pathogens, and Epstein-Barr virus as it expands beyond weight loss drugs [...]

Amazon, Google, Meta, and Microsoft are backing a new clean-tech push for data centers

Nonprofit investor Elemental Impact will deploy up to $5 million per project in as many as 10 startups through 2027 [...]

20 Snap alumni launched an angel fund for the next generation of social media. They think “social” and “media” have split.

Twenty Snap alumni have launched Ghost Angels, an angel fund backing the next generation of social media and consumer AI startups. The fund has invested in at least five companies and plans to deploy [...]