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Meta plans to lay off 8,000 staff, or 10% of its workforce, starting May 20 as AI push reshapes jobs

Meta is preparing a new round of layoffs, setting May 20 as the starting point for cuts that will affect roughly 8,000 employees, or about 10% of its global workforce, according to an exclusive report from Reuters. The move marks […]

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Cursor in talks to raise $2B at $50B valuation as revenue surges and AI coding wars heat up

Cursor is back in the spotlight—and this time, the numbers are hard to ignore. The AI coding startup is in talks to raise at least $2 billion in fresh funding at a $50 billion valuation, according to Bloomberg, citing people familiar […]

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DeepSeek seeks $300M in first fundraise at $10B+ valuation as AI costs surge

DeepSeek is preparing to raise outside capital for the first time, a move that could value the Chinese AI startup at more than $10 billion as the cost of building advanced models continues to climb. The company, which shook Silicon […]

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Flock Safety hits $8.4B valuation as AI-powered police tech sparks nationwide protests

Flock Safety is growing fast. The backlash against it is growing just as quickly. The Atlanta-based police tech startup has reached an $8.4 billion valuation following a recent funding round, according to a publicly filed corporate charter and people familiar […]

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AI chip startups raise billions to challenge Nvidia’s dominance in inference race

The AI boom is entering a new phase, and the shift is happening faster than many expected. The race is no longer just about training bigger models. It’s about running them efficiently at scale. That shift is pulling billions of […]

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Top Startup and Tech Funding News – April 16 2025

It’s Thursday, April 16, 2026, and we’re back with today’s top startup and tech funding news. Today’s rounds reflect a clear shift toward AI-native infrastructure, financial operating systems, and domain-specific platforms that move beyond surface-level automation into core workflows. From […]

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Zum raises $100M from TPG at $1.7B valuation to fix America’s broken school transportation system

Every morning, millions of families rely on a system that still runs as it did decades ago—late buses, missing updates, and little visibility into where children are or when they’ll arrive. Zum is betting that doesn’t have to be the […]

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FinanceWire Partners with Symex Economics to Bring Targeted Investor Distribution to Euronext Paris Companies

Tel Aviv, Israel, April 16, 2026 — FinanceWire: FinanceWire has entered into a strategic partnership with Symex Economics to bring targeted financial news distribution and investor engagement tools to the French market, opening a direct channel between Euronext-listed companies and global […]

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Charles Schwab to launch Bitcoin and Ethereum trading in bid to compete with Robinhood and crypto-native platforms

Charles Schwab plans to roll out direct spot trading for Bitcoin and Ethereum through a new platform called Schwab Crypto, the company said Thursday. The launch marks a clear shift from indirect exposure to full ownership inside its ecosystem. The […]

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Wealth.com raises $65M to bring AI-powered estate and tax planning to 50,000+ financial advisors

Wealth management is getting rebuilt from the inside out, and the shift is happening faster than most firms expected. Wealth.com, a platform focused on estate and tax planning, has raised $65 million in an oversubscribed Series B round to power […]

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U.S. Navy Drone Tests Fail After Starlink Outage, Exposing Pentagon’s Reliance on SpaceX

A routine Navy exercise off the California coast turned into a quiet stress test of the Pentagon’s tech stack. When SpaceX’s Starlink network went down during a global outage last August, more than two dozen unmanned surface vessels lost contact […]

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Top Startup and Tech Funding News – April 15 2025

It’s Wednesday, April 15, 2026, and we’re back with today’s top startup and tech funding news. Today’s rounds highlight a clear shift toward AI infrastructure, agentic systems, next-generation therapeutics, and space-based intelligence. As capital continues to concentrate around platforms that […]

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Parasail raises $32M to build ‘AI Supercloud’ that deploys and scales AI agents in minutes

The race to control AI infrastructure is shifting fast, and Parasail wants to sit right in the middle of it. The AI startup says it has raised $32 million in Series A funding, bringing its total to $42 million. The […]

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Snap lays off 1,000 employees, or 16% of workforce, as AI takes over 65% of coding work

Snap is cutting deeper into its workforce as artificial intelligence takes a larger role inside the company. Snap Inc. said Wednesday it will lay off about 1,000 employees, roughly 16% of its full-time staff, marking one of its largest job […]

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NanoTech raises $29.4M Series A to protect U.S. infrastructure from extreme heat and wildfires

Extreme heat is no longer a seasonal inconvenience. It’s becoming a structural problem for buildings, roads, and public assets across the U.S. At the same time, wildfire risk continues to climb, pushing infrastructure owners to rethink how they protect what […]

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Allbirds pivots from shoes to AI after 99% collapse, stock surges 300% on NewBird AI plan

Allbirds is attempting one of the wildest reinventions in recent memory. The sneaker company that once became a Silicon Valley favorite, reached a valuation of more than $4 billion, and turned sustainability into a brand identity, is now abandoning shoes […]

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Wayve raises $60M from chip giants Qualcomm, AMD, Arm to challenge Waymo with mapless autonomous driving AI

Wayve just pulled more of the semiconductor world into its orbit—and it’s not a vanity move. The London-based autonomous driving startup said Wednesday it secured $60 million in fresh backing from Qualcomm, AMD, and Arm Holdings, adding three of the […]

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