Luna reached teenage girls by setting up activations at Taylor Swift concerts and getting feedback directly from UK schools. Untapped Solutions became the “LinkedIn for the formerly incarcerated” by embedding in prison tablet systems.
Yann LeCun, one of the founding figures of modern AI and Meta’s chief AI scientist, announced he’s leaving the company to start his own AI startup. The move comes amid major restructuring in Meta’s AI division and philosophical differences over AI development approaches. Meta will partner with LeCun
Farmgirl Flowers founder Christina Stembel built a media darling business that hit $60 million during the pandemic, then lost $5.5 million. After multiple pivots and a personal $3.5 million loan, she’s running a profitable company without pursuing an exit. Her story reveals the brutal reality behind
Saudi Arabia is leading a massive $900 million investment in US video startup Luma AI through its AI-focused venture Humain. The deal values Luma at over $4 billion and will be announced at this week’s US-Saudi Investment Forum in Washington. This represents part of Saudi Arabia’s plan to spend $50
French crypto-banking platform Deblock has secured €30 million in Series A funding to fuel European expansion. The round was led by Speedinvest with participation from CommerzVentures and existing investors. Deblock combines traditional banking with self-custody crypto wallets for its 300,000 client
The Boulder-based company sold 9.1 million shares at $8 each, below its marketed range. Gloo connects churches with technology solutions and recently hired former Intel CEO Pat Gelsinger.
Amazon founder Jeff Bezos is reportedly taking on co-CEO duties at Project Prometheus, a new AI startup that’s raised $6.2 billion. The company will focus on AI for engineering and manufacturing across computers, aerospace, and automobiles.
Sakana AI just secured $135 million in Series B funding, valuing the Tokyo-based AI startup at $2.65 billion. The company focuses on building AI models specifically optimized for Japanese language and culture. This signals growing investor appetite for regional AI solutions beyond the U.S. giants.
Indian renewable energy company Hygenco Green Energies is reportedly in talks to sell a 49% stake for $125 million. The consortium includes the World Bank’s IFC, Siemens AG, and Fullerton Fund Management. The deal would help fund Hygenco’s ambitious goal of developing 10 gigawatts of green hydrogen
Lovable, the vibe coding startup, is reportedly in talks to raise at a $6 billion valuation. The company reached $100 million in annualized revenue in just eight months and now has 8 million active users. This would triple its valuation from July’s $1.8 billion mark.
