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The hidden debt behind the AI boom: How Meta and xAI are quietly raising billions to finance AI investments

The race to dominate artificial intelligence is pushing tech giants into uncharted financial territory. Behind the scenes, a quiet revolution is reshaping how companies fund their massive AI ambitions. Instead of piling debt directly onto their books, firms like Meta […]

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Getty Images strikes photo licensing deal with AI startup Perplexity to power AI search; shares jump 50%

Getty Images just scored a major win in the AI race. The stock soared 50% on Friday after the photo distributor announced a global multi-year licensing agreement with Perplexity, one of the fastest-growing AI startups. The deal gives Perplexity access […]

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OpenAI is hemorrhaging billions: Microsoft filing reveals OpenAI lost $11.5B last quarter amid AI bubble hype

Just a few weeks ago, we wrote about how OpenAI became the $500 billion hub of the AI ecosystem — the company at the center of everything, and potentially the industry’s single point of failure. Now, fresh filings from Microsoft […]

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Nvidia CEO: AI has reached a ‘virtuous cycle’ and ushered in a new era of computing

Artificial intelligence, according to Nvidia’s Jensen Huang, has entered a self-sustaining phase — a “virtuous cycle” that’s reshaping how the world builds and profits from technology. Speaking at the APEC CEO Summit in South Korea, Huang said the progress in […]

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Nvidia to invest up to $1 billion in Poolside, valuing the AI startup at $12 billion

Nvidia, the trillion-dollar chipmaker fueling today’s AI boom, is reportedly preparing one of its biggest startup bets yet. According to Bloomberg, the company plans to invest as much as $1 billion in Poolside, a Paris-based AI startup building software that […]

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Top 10 Startup and Tech Funding News – October 30, 2025

It’s Thursday, October 30, 2025, and we’re back with the top startup and tech funding news stories making waves today. From billion-dollar AI bets to fintech, space tech, and deep-tech innovation, investors showed no signs of slowing down as capital […]

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Palantir sues former engineers for allegedly stealing trade secrets to build rival AI startup Percepta

Palantir, the controversial data analytics company known for its close ties to U.S. intelligence agencies, has taken two of its former engineers to court — accusing them of stealing its “crown jewels” to build a competing AI firm. In a […]

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China approves TikTok deal, clearing path for U.S. ownership transfer and algorithm retraining

After many months of negotiations, political wrangling, and back-and-forth between Washington and Beijing, China has finally approved the long-delayed agreement for the transfer of TikTok’s U.S. operations. Reuters reported on Thursday that U.S. Treasury Secretary Scott Bessent confirmed the move, […]

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Archy raises $20M in Series B Funding from TCV and Bessemer to put dental practices on autopilot with AI

Running a dental office isn’t just about fixing teeth—it’s a daily grind of scheduling, insurance calls, billing errors, and retraining new staff on outdated systems that can barely talk to each other. That’s the headache Archy wants to end. The […]

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Meta loses 12% market cap after $70B AI spending plan sparks investor doubts despite strong quarter

Meta Platforms’ stock took a sharp hit on Thursday, sliding more than 12% as investors grew uneasy about CEO Mark Zuckerberg’s massive new spending plans for artificial intelligence. The drop wiped out tens of billions in market value in a […]

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Chegg lays off 45% of workforce, blames ‘new realities of AI’ and plunging traffic

Chegg, once a darling of the online education boom, is laying off nearly half of its employees as the company struggles to stay afloat in an era reshaped by artificial intelligence and collapsing web traffic. The company announced on Monday […]

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OpenAI eyes $1 trillion IPO as Sam Altman prepares to take the AI giant public

OpenAI is reportedly preparing for a stock market debut that could value the company at up to $1 trillion, according to an exclusive report from Reuters, citing people familiar with the matter. If it happens, it would be one of […]

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Top 10 Startup and Tech Funding News – October 29, 2025

It’s Wednesday, October 29, 2025, and we’re back with the top startup and tech funding news stories making waves today. From billion-dollar AI rounds to breakthroughs in biotech, climate tech, and fintech infrastructure, investors continue to back transformative ideas across […]

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