2025-06-06
Cursor AI Rockets to $9.9 Billion Valuation with Massive $900 Million Raise
In a striking show of investor confidence in the future of AI-powered software development, Anysphere, the company behind the AI code editor Cursor, has announced a monumental $900 million funding round, pushing the startup’s valuation to $9.9 billion. The round was led by Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global — […]
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2025-08-01
OpenAI has reportedly raised $8.3 billion at a $300 billion valuation
According to the NYT, OpenAI has closed $8.3 billion in new funding, pushing the company's valuation to $300 billion and marking a new milestone in the AI boom.<br /> The article OpenAI has [...]
2025-07-25
Cognition is seeking over $300 million in new funding at a $10 billion valuation
According to Forbes, the AI startup Cognition is negotiating with investors for funding of over 300 million US dollars at a valuation of 10 billion US dollars.<br /> The article Cognition is see [...]
2025-07-18
Perplexity's valuation soared to $18 billion after its latest funding round
Perplexity's valuation has jumped to $18 billion, up from $14 billion just two months ago, according to the Financial Times.<br /> The article Perplexity's valuation soared to $18 bill [...]
2025-03-18
AI coding startup Cognition AI behind Devin hits $4 billion valuation
Cognition AI has secured hundreds of millions in new funding at a nearly $4 billion valuation, with venture capital firm 8VC leading the round.<br /> The article AI coding startup Cognition AI b [...]
2025-05-02
Apple could spend $900 million on tariffs over the next quarter
In an earnings call for the quarter ending in March, Apple CEO Tim Cook said the company expects to pay around $900 million for US tariffs for the months of April to June. Apple saw limited impacts fr [...]
2025-03-03
Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
Anthropic secures $3.5 billion in Series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry [...]
2025-06-20
NYC proposes 5 percent raise for rideshare drivers in a bid to appease Uber and Lyft
New York City's Taxi and Limousine Commission (TLC) have settled on new minimum-wage rules for rideshare drivers, Bloomberg reports. Drivers will receive a five percent raise under the new propos [...]