Krieger's departure and any forthcoming design tools will be another data point for investors who fear the SaaSpocalypse — that the largest AI labs will come to dominate software businesses, a thesis that has rocked public markets at times this year.

Antioch raised an $8.5 million seed round to create simulation tools for a new generation of robot builders.

Parasail raised $32 million in a Series A, signaling a fractured future of models and compute.

The device could help address multiple neurological conditions if it proves successful. One early use could be delivering gentle electrical stimulation to damaged brain or spinal cord cells to encourage healing.