Gritt uses robots to install 4,000 solar panels a day
Gritt emerged from stealth with a field-first physical AI system for solar construction, reporting 4x output and contracts covering 2.8GW of solar capacity.
AI startups News and Analysis
20 verified stories covering AI startups, product updates and industry developments.
Qwen veteran Lin Junyang raises at $2B valuation
The former Alibaba Qwen lead is building a new lab around world models and embodied AI instead of another chatbot.
Radical Numerics raises $50M to model biology across layers
The Evo team is building general biological intelligence that reads DNA, RNA and proteins together, while keeping future models closed.
Bezos-backed Prometheus reaches a 41 billion dollar valuation
Prometheus is raising huge sums for engineering AI, betting that model-driven design can reshape manufacturing and complex physical products.
Coram raises 35 million dollars for AI physical security
Coram is applying autonomous video investigation to cameras, access logs and visitor data, moving security systems from recording evidence to answering questions.
PointFive raises $60 million to cut AI cloud bills
The Israeli startup says AI Efficiency OS and TokenShift can expose waste in GPU, cloud and coding-agent usage as FinOps teams rush to control AI spending.
Terra AI raises $20M to speed mineral exploration
Terra AI models underground geology to improve drill targeting for copper, gold and rare earth exploration, with BHP Ventures joining the round.
Real-Time World Model Startup Raises $59M, Near-Zero Frame Latency
Reactor, a stealth startup founded by ex-Apple engineers, has raised $59 million in Series A funding to build a real-time world model platform that generates interactive video with near-zero latency.
Corgi doubles valuation to $2.6B in three weeks
AI insurance startup Corgi raised $106 million at a $2.6 billion valuation, doubling its valuation in just three weeks.
AI startups inflate ARR: $50M claimed, $42M real
AI startups are using a metric called CARR to inflate revenue figures, with VCs complicit in the practice.
Mercury Raises $200M at $5.2B Valuation After Securing Bank Charter
Mercury completed a $200 million funding round at a $5.2 billion valuation, up 49% in 14 months, after receiving preliminary approval for a national bank charter from the OCC.
OpenAI Offers $338M in API Credits to 169 YC Startups
OpenAI is giving $2 million in API credits to each Y Combinator startup in exchange for equity via uncapped SAFE notes, locking in a generation of AI startups.
RADAR raises $170M, becomes first AI unicorn in physical retail
RADAR discussed $170 million in Series B funding, reaching a $1 billion valuation, with its RFID and AI platform cutting order cancellation rates to 3%.
Manifest OS raises $60M to build an AI-native law firm
Manifest OS is using Arizona ABS rules to own the service layer, not just sell AI tools to lawyers.
Military AI Company Shield AI Raises $2 Billion, Valuation Doubles in a Year
Shield AI, a military AI company founded in 2015, has raised approximately $2 billion in a Series G round, pushing its valuation to $12.7 billion. The funding will support its Hivemind autonomous drone software, which is already deployed in Ukraine, and its acquisition of simulation firm Aechelon Technology.
MiniMax Surges 470%, Zhipu AI 570% on Hong Kong Stock Exchange
Chinese AI startups MiniMax and Zhipu AI have seen their share prices soar by 470% and 570% respectively since their Hong Kong IPOs in January, defying heavy losses and outperforming expectations.
26-Person Team Builds 40-Billion-Parameter Open-Source Reasoning Model
Arcee AI, a 26-person startup, spent $20 million and 33 days training Trinity-Large-Thinking, a 40-billion-parameter open-source reasoning model that tops agent benchmarks and rivals proprietary models.
OpenAI alumni launch the Zero Shot venture fund
OpenAI alumni launch the Zero Shot venture fund. The story explains the announcement, the strategic context and the practical risks for the people or companies affected.
Cohere Hits $240M ARR, Prepares for IPO
Cohere, the enterprise AI startup, reached $240 million in annualized revenue in 2025 with over 50% quarterly growth. Now valued at $7 billion, it is preparing for an IPO as the AI listing window opens.
Perplexity drops search for Computer, monthly revenue up 50%
Perplexity has shifted from a search engine to selling an orchestration product called Computer that automates multi-step workflows, driving annualized revenue to $450 million in March 2026, up 50% month-over-month.