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Venture Capital & Startup Funding Roundup, June 24, 2026

It’s Wednesday, June 24, 2026, and today’s funding tape was not a broad-based venture rebound. It was a concentrated bet on production AI: systems that make real decisions, move money, route patients, govern agents, search the live web for machines […]

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Elon Musk loses trillionaire status as Tesla and SpaceX drops, net worth falls to $957 billion

Elon Musk’s stay in the trillionaire club didn’t last long. Less than two weeks after becoming the first person to cross the $1 trillion mark, Musk has fallen back below it after a sharp market sell-off hit the two companies […]

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KuCoin Pay Expands Crypto Payments in Bangladesh, Mexico, and Zambia With Local Bank and Mobile Money Rails

KuCoin Pay is linking crypto and stablecoins to local payment rails in Bangladesh, Mexico, and Zambia, giving users access to services such as bKash, Nagad, SPEI bank transfers, and MTN and Airtel mobile money networks. For years, one of crypto’s […]

The post KuCoin Pay Expands Crypto Payments in Bangladesh, Mexico, and Zambia With Local Bank and Mobile Money Rails first appeared on Tech Startups.

Trovy raises $15 million Series A to replace high-interest debt with home equity financing

American homeowners are sitting on trillions of dollars in home equity. At the same time, many of them are still paying credit card rates north of 20% to cover everyday expenses, home repairs, medical bills, and family purchases. Trovy thinks […]

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OpenAI unveils Jalapeño, its first custom AI chip built with Broadcom to power ChatGPT and cut inference costs

OpenAI has built its own chip. On Thursday, the company unveiled Jalapeño, its first custom AI accelerator, developed with Broadcom as part of a broader push to control more of the infrastructure behind ChatGPT, Codex, its API business, and the […]

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Qualcomm acquires AI startup Modular in $4 billion deal to challenge Nvidia’s CUDA dominance

Qualcomm is making a nearly $4 billion bet that the next big AI fight will not be won by chips alone. The company said Wednesday it plans to acquire AI startup Modular in an all-stock deal valued at about $3.92 […]

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China unveils its own rival to Anthropic’s Mythos as AI cyberwar race intensifies

China has built its clearest answer yet to Anthropic’s Mythos, turning what started as a U.S. cybersecurity tool into the latest front in the AI arms race. At a cybersecurity conference in Beijing on Wednesday, Chinese security firm 360 Security […]

The post China unveils its own rival to Anthropic’s Mythos as AI cyberwar race intensifies first appeared on Tech Startups.

The Fintech Blueprint: How Nordic Startups Eliminated Digital Friction to Accelerate Growth

The Nordic region has produced a disproportionate number of the world’s most successful fintech companies. That success is not accidental. Across Sweden, Finland, Denmark, and Norway, startups have consistently tackled the same core problem: too many steps between a user […]

The post The Fintech Blueprint: How Nordic Startups Eliminated Digital Friction to Accelerate Growth first appeared on Tech Startups.

Meta reportedly building prediction markets app called Arena to challenge Polymarket and Kalshi

Meta wants a piece of the prediction market boom. Mark Zuckerberg has reportedly assigned a small team inside Meta to build a smartphone app modeled on prediction platforms like Polymarket and Kalshi, according to a New York Times report published […]

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Meta suffers global outage as Instagram, Facebook, and WhatsApp disrupt users

For a stretch of Tuesday evening, Meta’s apps started breaking in a way that felt familiar. Instagram feeds stopped loading. Facebook profiles appeared blank. WhatsApp users struggled to send messages. Across the U.S., Europe, parts of Asia, and other regions, […]

The post Meta suffers global outage as Instagram, Facebook, and WhatsApp disrupt users first appeared on Tech Startups.

Venture Capital & Startup Funding Roundup, June 23, 2026

It’s Tuesday, June 23, 2026, and the last 12 hours of startup financing did not look like a broad market rebound. They looked like a market making a narrower, harder-edged bet. Capital went to software that sits inside real operating […]

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Anthropic launches Claude Tag in Slack, bringing its AI agent into team chats as workplace AI battle heats up

Anthropic is pushing deeper into the workplace with a new Slack-based AI agent that it hopes will turn Claude from a one-on-one chatbot into more of a teammate. On Tuesday, the company launched Claude Tag, a new tool inside Salesforce’s […]

The post Anthropic launches Claude Tag in Slack, bringing its AI agent into team chats as workplace AI battle heats up first appeared on Tech Startups.

SpaceX stock falls below $150 IPO price after $1 trillion sell-off before rebounding

SpaceX’s post-IPO euphoria just ran into gravity. After roaring out of the gate less than two weeks ago, Elon Musk’s space and AI company briefly slipped below the $150 price of its first trade on Tuesday, a sharp reversal for […]

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Halo raises $7M to launch HaloBraid, a device that makes braiding 5x faster for stylists

For millions of people, braiding is part of everyday life, culture, and routine. It is one of the most common protective hairstyles in the textured hair market. It is also one of the most time-consuming salon services. A single appointment […]

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Apple hit with $4 billion UK iCloud lawsuit as 40 million users join class action

Apple is facing a fresh legal fight in the UK after Britain’s competition tribunal approved a £3 billion, or roughly $4 billion, lawsuit accusing the company of locking millions of users into its iCloud storage service. The ruling clears the […]

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Oracle cuts 21,000 jobs, citing AI adoption amid broader tech layoff wave

Oracle is cutting thousands of jobs and telling investors exactly why. The software giant said in its annual filing Monday that it reduced its workforce by 21,000 roles over the past year, bringing its full-time headcount down to 141,000 as of […]

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Top Tech News Today, June 23, 2026

It’s Tuesday, June 23, 2026, and another day where artificial intelligence didn’t just iterate; it forced real-world consequences at unprecedented scale. Oracle cut 21,000 roles explicitly because of AI deployment. China seized the global supercomputing lead with domestically built hardware. […]

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Engram raises $98 million to help companies lower AI token costs with smarter memory models

AI is getting smarter, but for companies paying to run it, it’s getting a lot more expensive. As businesses look for ways to control rising token costs and curb unchecked AI use by developers, AI startup Engram says it has […]

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Venture Capital & Startup Funding Roundup, June 22, 2026

It’s Monday, June 22, 2026, and the venture market did not spend the day spraying checks across the startup stack. It did what it has been doing more often in 2026: concentrating capital into the infrastructure, semiconductor, and workflow layers […]

The post Venture Capital & Startup Funding Roundup, June 22, 2026 first appeared on Tech Startups.

Google stock drops 7% as loss of top AI talent to OpenAI and Anthropic deepens investor concerns

Google’s AI spending spree was supposed to reassure Wall Street that the company could keep its edge in the race against OpenAI, Anthropic, and Microsoft. Instead, investors got a very different signal this week: two of the company’s most prominent […]

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SpaceX lands $6.3 billion AI compute deal With Reflection AI to power open-source models

SpaceX has signed a multiyear AI compute agreement with Reflection AI worth up to $6.3 billion, giving the open-source startup access to Nvidia GB300 chips and giving investors another look at how Elon Musk’s company plans to turn Colossus into […]

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Upscale AI raises $190M from Nvidia, Salesforce Ventures for AI networking infrastructure, hits $2B valuation

Upscale AI, a startup building networking infrastructure for large AI clusters, has raised $190 million in fresh funding from backers including Nvidia and Salesforce Ventures, pushing its valuation to $2 billion as investors pour money into one of the least […]

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Tesla driver using autopilot crashes into Texas home, killing woman inside

A Tesla Model 3 crashed into a home in Katy, Texas, on Friday night, killing a 76-year-old woman who was inside and setting off a new investigation into Tesla’s driver-assistance technology. Authorities say the driver, Michael Butler, told investigators an […]

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ITG targets $429 million IPO as AI data center boom fuels broadband infrastructure demand

The rush to cash in on the AI infrastructure buildout is no longer limited to chipmakers, cloud giants, and data center developers. It is now pulling in the companies that build and maintain the physical networks carrying all that traffic. […]

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