๐ฅ Thrive Just Raised $2 Billion to Buy Boring Companies โ Then Rewire Them With AI
OpenAI-backed Thrive Holdings raised $2B at a $12B valuation to buy accounting and IT firms and rewire them with AI.
OpenAI-backed Thrive Holdings raised $2B at a $12B valuation to buy accounting and IT firms and rewire them with AI.
Lenovo posted a record $26.94B quarter, up 43% on booming AI server demand โ but a $1.69B non-cash warrant charge flipped it to a $609M reported loss.
Uber pledged more than $10 billion to autonomous vehicles and a goal of 120,000 driverless cars on its network โ without building a single one. Inside the bet to own the app, not the car.
Erebor, Palmer Luckey's crypto-friendly startup bank, nearly quadrupled deposits to $4.05B in a quarter and is raising $1.5B at an $8B valuation. The SVB-shaped hole, filled fast.
Base Power raised $1B at a $13B valuation to bury US-made batteries in Texas backyards and run them as one giant virtual power plant.
Socure raised $156M at a $5.2B valuation and bought agentic-AI startup Fravity to fight machine-speed fraud with AI agents of its own.
๐ฅ Gigabyte Just Dropped a $400 WOLED Gaming Monitor and It Changes Everything...
The AI chip company Cerebras Systems โ the most prominent challenger to Nvidia's GPU empire โ hit the Nasdaq on Thursday under the ticker CBRS and...
> In 2025, startups discovered AI. In 2026, the winners figured out which tools to use and when. Here's the stack the smartest founders are runni...
Bending Spoons is buying Airtable for $1.285 billion in all cash โ about 89% below the productivity startup's $11.7B pandemic-era peak, and its first deal since going public.
The FDA cleared Revolution Medicines' daraxonrasib, the first broad RAS-targeted pill for metastatic pancreatic cancer, doubling median survival to 13.2 months at a $477,000-a-year list price.
The FDA cleared GENGLYCOS, Ultragenyx's first gene therapy: a one-time $2.7 million infusion targeting the root cause of glycogen storage disease type Ia.
AusperBio raised $120M to push AHB-137, an antisense drug that cleared hepatitis B in 68% of a small trial, toward the first functional cure for a disease 240 million people live with.