Startup Fortune

Five Takeaways From the Times Investigation Into Larry Ellison’s A.I. Gamble

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What smart people are saying about Lilian Weng's departure from Thinking Machines Lab

Lilian Weng’s July 28 exit from Thinking Machines Lab fuels debate on AI safety, burnout and leadership turnover

After Losing 40% Of His Net Worth In A Month, Elon Musk Attempts To Raise $4 Billion For Another Company

Musk’s tunneling venture launches a $4 billion raise aiming for a $20 billion valuation after a steep dip in his personal fortunes.

Claude AI Shared Chats Reportedly Exposed in Google Search Results

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Traders Are Getting a New Tool to Wager on the Biggest US Stocks

CME Group has relaunched cash-settled single-stock futures for more than 50 major US companies, expanding leveraged trading options for retail investors.

The 3 types of people who will excel in the AI agent era, according to tech leaders

Tech leaders are identifying the specific professional profiles and skills required to succeed as agentic AI transforms industry operations.

Top Democrat says Trump administration is worsening chip shortage

A top Democrat is challenging the Trump administration over policies allegedly exacerbating the global semiconductor and AI memory shortages.

Midjourney acquired the astrology app Co-Star

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Nvidia is sending GPUs to the moon

Nvidia is expanding its AI footprint beyond Earth as its GPU chips are set for deployment on the lunar surface.

Alexa Plus is getting an AI update to handle more complicated instructions

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American Open-Source Labs Think They Can Beat China’s Best AI Startups

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Here are the 30,000 songs Sony is suing Udio’s AI music generator over

Sony Music Entertainment has initiated a second lawsuit against AI startup Udio, targeting over 30,000 sound recordings.

China weighs tighter export controls on AI models and chips

China is evaluating new restrictions on AI technologies, including chip access and the overseas distribution of models like Qwen and Doubao.

Singapore weighs hedge fund tax cuts to rival Hong Kong

Singapore is considering tax relief for hedge fund managers to compete with Hong Kong's zero-tax offerings for wealth management.

Hermes agent maker Nous Research in talks for new funding at $1.5B valuation

Nous Research is seeking over $75 million in new funding for its open-source Hermes AI agent at a $1.5 billion valuation.

Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation

European defense tech firm Helsing has secured $1.8 billion in Series E funding, reaching a valuation of $18 billion.

Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market

Amazon's workforce reductions are intensifying pressure on the U.S. tech job market and remaining employees.

While Musk's Neuralink drills into skulls, China's BrainCo bets the future of brain tech is wearable

A growing divide in the brain-computer interface market pits surgical implants against non-invasive wearable technology.

AI Training Startup Mercor Discusses $20 Billion Valuation

6 news sources are covering this Business story right now — Newsylist is tracking how fast it spreads.

Goldman Sachs limits prediction market betting for employees

Major Wall Street firms are restricting employee participation in prediction markets as compliance scrutiny intensifies.

Claude Fable 5 isn’t permanently leaving subscriptions, Anthropic says

China's Momenta kicks off Hong Kong IPO, targets up to $751 million

Autonomous driving startup Momenta is seeking up to $752 million in a Hong Kong IPO backed by major industry players like GM, Mercedes-Benz, and BYD.

AI Startup Firmus to Build Indonesia Data Center With Nvidia

AI startup Firmus is partnering with Nvidia to establish a massive data center project in Indonesia.

Databricks’ former AI chief thinks he can cut AI’s power bill by 1,000x

Unconventional AI, led by a former Databricks AI chief, aims to reduce AI energy consumption by 1,000x with its new Un0 model.

Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions