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AI Didn’t Kill Coding Jobs. It Created a New Industry

The rise of AI slop refactoring is creating new demand for experienced engineers to turn AI-generated prototypes into production-ready software. For nearly four years, the tech industry has been flooded with predictions that artificial intelligence would replace software developers. The […]

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Nobel prize-winning AI researcher John Jumper leaves Google DeepMind for Anthropic

The battle for elite AI talent just claimed another major name. John Jumper, the Nobel Prize-winning researcher behind AlphaFold, announced Friday that he is leaving Google DeepMind after nearly nine years to join AI startup Anthropic. His departure marks one […]

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Architect Labs emerges from stealth with $24M in funding to make custom silicon accessible to everyone

The AI boom has created an uncomfortable reality for the semiconductor industry: demand for custom chips is outpacing companies’ ability to design them. Training large AI models, running robotics systems, operating autonomous machines, and building next-generation computing platforms all require […]

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SpaceX stock plunges 20% from peak, leaving the average post-IPO buyer underwater

Just days after Wall Street crowned SpaceX one of the most valuable companies on the planet, the stock’s gravity-defying rally is starting to look a lot less certain. Shares of SpaceX fell another 3.6% on Thursday, extending a sharp retreat […]

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Venture Capital & Startup Funding Roundup, June 18, 2026

It’s Thursday, June 18, 2026, and the clearest signal from today’s funding tape is not that venture investors are spending widely. It is that they are concentrating capital around a narrow set of problems that look hard to commoditize: sovereign […]

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Meta strikes new 1.6-gigawatt AI computing deal with data center startup Crusoe

The AI race has reached a point where success is measured in gigawatts. Meta has signed new agreements with AI infrastructure startup Crusoe that will give the company access to roughly 1.6 gigawatts of computing capacity across two data centers […]

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Manus original investors seek to buy back AI startup from Meta for $2 billion as revenue nears $500 million

Meta’s $2 billion acquisition of AI startup Manus may be heading for an unusual reversal. The early investors who backed Manus before its sale to Meta are now exploring a plan to buy the company back at the same $2 […]

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‘xAI Is a Failure’: AI Godfather Warns of Trouble for Musk’s AI Startup and a Bigger AI Bubble

Since its launch three years ago, Elon Musk has pitched xAI as a challenger to OpenAI, Anthropic, and Google in the race to build the most advanced artificial intelligence systems. One of the field’s most influential researchers is not convinced. […]

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Venture Capital & Startup Funding Roundup, June 17, 2026

It’s Wednesday, June 17, 2026, and venture capital is increasingly shifting away from consumer-facing AI applications toward the infrastructure layers that power them. Today’s funding activity was concentrated in AI deployment infrastructure, regulated financial systems, cybersecurity, enterprise automation, and biotech […]

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Jeff Bezos backs AI materials startup CuspAI in $400M round at $2.6 billion valuation

CuspAI, a UK startup using artificial intelligence to discover new materials, is reportedly raising $400 million in funding at a $2.6 billion valuation, according to the Financial Times. The round includes participation from Jeff Bezos’ family office, Bezos Expeditions, and […]

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Z.ai’s open-source GLM-5.2 beats GPT-5.5 on coding benchmarks at one-sixth the cost

The 753-billion-parameter model outperformed GPT-5.5 on several software engineering benchmarks, offers a 1-million-token context window, and is available under an unrestricted MIT license. Since ChatGPT’s launch in November 2022, the AI industry’s most capable models have largely come from a […]

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Allbirds rebrands as Smartbird, names Nvidia-linked AI executive as CEO after AI pivot

What happens when a struggling shoe company decides it wants to become an AI infrastructure business? Investors are about to find out. Just two months after abandoning its footwear identity in favor of artificial intelligence, Allbirds announced Wednesday that it […]

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KLIPY raises $3.8 million, joins Google’s AI Futures Fund to build the AI-powered expression layer

Text is no longer the dominant language of the internet. Memes, GIFs, stickers, and short video clips have become a primary way people communicate online, especially among younger users. AI is pouring fuel on that trend, turning millions of consumers […]

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Odyssey raises $310 million at $1.45 billion valuation to build AI that simulates the real world

Odyssey, a startup building what researchers call “world models,” announced Wednesday that it has raised $310 million in Series B funding at a $1.45 billion valuation. The round was led by Natural Capital and included participation from Amazon, AMD Ventures, […]

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Venture Capital & Startup Funding Roundup, June 16, 2026

It’s Tuesday, June 16, 2026, and venture capital investors are sending a clear message: the race to build the infrastructure behind the AI economy is far from over. Capital did not fan out evenly today. It clustered around three ideas: […]

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