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Polymarket paid influencers to fake winning bets in 140 million-view marketing campaign, WSJ investigation finds

A Wall Street Journal investigation has found that crypto prediction market platform Polymarket paid dozens of social media creators to post videos showing what appeared to be large, profitable bets on its platform, even though many of those trades never […]

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Kling AI raises $2.8B at $15B valuation with backing from Alibaba, Tencent, and Baidu

China’s AI investment boom just got another major vote of confidence. Kling AI, one of the country’s most popular AI video generation platforms, has secured more than $2.8 billion in fresh funding from a group of investors led by tech […]

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AI voice startup ElevenLabs eyes $22B valuation through employee stock sale

AI voice startup ElevenLabs is exploring a secondary share sale that could value the company at about $22 billion, less than six months after raising $500 million at half that valuation. The proposed deal would give employees a chance to […]

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German drone startup Quantum Systems raises $1.2B at $8B valuation as investors pour billions into AI defense

The race to build autonomous military systems just produced another massive winner. German drone startup Quantum Systems has raised $1.2 billion in a Series D funding round, pushing its valuation to about $8 billion and cementing its place among Europe’s […]

The post German drone startup Quantum Systems raises $1.2B at $8B valuation as investors pour billions into AI defense first appeared on Tech Startups.

LinqAlpha raises $22M Series A to build AI agents for institutional investors and public market research

Finding an edge in public markets has become harder than ever. Earnings calls, policy decisions, supply chain disruptions, social media chatter, and macroeconomic events can reshape investment theses within hours. For many institutional investors, the challenge is no longer collecting […]

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Microsoft launches Frontier Company, a $2.5B AI consulting firm to help enterprises get better returns from AI

Microsoft is making a major shift in its enterprise AI strategy. The company is launching a new business with $2.5 billion in backing to help customers choose the best mix of AI models for their needs, whether those models come […]

The post Microsoft launches Frontier Company, a $2.5B AI consulting firm to help enterprises get better returns from AI first appeared on Tech Startups.

OpenAI proposes giving the U.S. government a 5% stake as AI companies face growing scrutiny, FT reports

OpenAI has discussed giving the U.S. government a 5% stake in the company, according to a Financial Times report, a move that would mark a major shift in the relationship between Washington and the companies building the most valuable AI […]

The post OpenAI proposes giving the U.S. government a 5% stake as AI companies face growing scrutiny, FT reports first appeared on Tech Startups.

Wultra raises €6.8M to help banks fight AI identity fraud with post-quantum authentication

Banks are facing a new security challenge. AI can now generate convincing deepfakes, clone voices, and help attackers bypass traditional identity checks at a time when organizations are already preparing for a future in which quantum computers could break today’s […]

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Meta makes cloud push to sell excess AI compute, following SpaceX’s playbook as Big Tech seeks returns on AI spending

For the past two years, Big Tech has poured hundreds of billions of dollars into AI chips, data centers, and computing infrastructure with one goal in mind: to build enough capacity to stay ahead in the AI race. Now, a […]

The post Meta makes cloud push to sell excess AI compute, following SpaceX’s playbook as Big Tech seeks returns on AI spending first appeared on Tech Startups.

Anthropic restores Claude Fable 5 and Mythos 5 after Trump administration lifts U.S. export controls

Less than three weeks after Washington forced Anthropic to pull two of its newest AI models from much of the market, the company is bringing them back. The U.S. Department of Commerce has lifted the export controls that halted access […]

The post Anthropic restores Claude Fable 5 and Mythos 5 after Trump administration lifts U.S. export controls first appeared on Tech Startups.

Raja Koduri’s AI startup Oxmiq raises $35M to build AI chip architecture that cuts the cost of custom AI silicon

Former Intel architect Raja Koduri’s AI startup Oxmiq raises $35 million to reshape custom AI chip design and lower the cost of AI infrastructure. Building a new AI chip has become one of the most expensive bets in technology. It […]

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Abu Dhabi’s MGX closes record $49 billion AI fund to invest in AI infrastructure and AI companies after backing OpenAI, Anthropic, and xAI

The race to finance artificial intelligence just reached another milestone. Abu Dhabi investment firm MGX has closed a record $49 billion AI fund, MGX Fund 1, creating one of the largest investment vehicles dedicated to artificial intelligence at a time […]

The post Abu Dhabi’s MGX closes record $49 billion AI fund to invest in AI infrastructure and AI companies after backing OpenAI, Anthropic, and xAI first appeared on Tech Startups.

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