The round, led by Radical Ventures, values the two-year old startup at $1 billion.
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Wednesday, July 8, 2026
Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups
Paradigm, the VC firm founded in 2018 to back crypto startups, raised a $1.2 billion Fund III.
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Another massive data breach exposed millions of driver’s license numbers
The cyberattack targeting a U.S. insurance giant is the largest known breach of driver's license numbers so far in 2026.
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These AI startups are growing revenue at faster and faster rates
There are a lot of fast-growing AI startups, but some are growing even faster, they say.
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Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.
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Apple to produce Made in America wireless chips with Broadcom
Apple has signed a $30 billion+ multiyear deal with Broadcom to design and produce more than 15 billion U.S.-made custom wireless connectivity chips for Apple products.
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Blue Origin reportedly raising $10B at $130B valuation
Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself and other big-name investors, the New York Times reported.
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Venus Aerospace raises $90M Series B to build a new kind of rocket engine
Build a new kind of rocket engine, and the world will beat a path to your door.
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Venus Williams-backed WeWard can now lock your apps until you hit your steps
With funding from tennis star and angel investor Venus Williams, the French app WeWard says that it increases walking time by almost 25%.
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Former OpenAI exec Kevin Weil is now on the board of Stoke Space
Kevin Weil's new role at Stoke Space suggests reusable rockets are the next hot thing in Silicon Valley.
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Hot French startup ZML releases free product to speed inference across lots of AI chips
ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make running AI less costly.
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AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI chip maker SambaNova has raised at an $11B valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
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Tuesday, July 7, 2026
Meta rolls out Muse, a new AI image generator
The new image-generating model has numerous use cases, including advertising, decorating and creator-based opportunities.
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Final extension: Startup Battlefield Australia applications now close July 20
If you're building something ambitious, this is a fast track to the people who can move your startup forward.
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Microsoft joins AI cost-cutting trend by relying more on its own models
Microsoft is the latest Silicon Valley giant to cut back on its AI spending.
Posted from: this blog via Microsoft Power Automate.