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DeepSeek eyes $74 billion valuation in new funding round ahead of planned IPO

Chinese AI startup DeepSeek is seeking a 500 billion yuan ($74 billion) valuation in a new fundraising round as it quietly prepares for a mainland stock market debut, according to multiple people familiar with the discussions. The move comes only […]

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Advisory Firms for Business Transformation and Digital Innovation

Boards keep asking the same thing this year: hire internally or bring in people who’ve already done this elsewhere? AI rewrites roadmaps faster than most teams can staff, and budgets haven’t kept up with the hype. That’s the gap advisory firms […]

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Hadrius raises $27 million to build AI-powered compliance infrastructure for financial services

Artificial intelligence is creating a new problem for Wall Street. AI can generate emails, marketing campaigns, research, and trading activity in seconds. Compliance teams still have to review all of it. That gap is growing, and legacy compliance software was […]

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Meta used AI to target disabled workers for layoffs, lawsuit claims

A group of 26 former Meta employees has sued the company, alleging that artificial intelligence played a central role in deciding who lost their jobs during the latest round of layoffs and that the system unfairly penalized workers with disabilities, […]

The post Meta used AI to target disabled workers for layoffs, lawsuit claims first appeared on Tech Startups.

Ex-SpaceX engineers raise $115 million for construction startup TerraFirma to build infrastructure on Mars

The race to build humanity’s future beyond Earth is creating a new generation of startups. TerraFirma, a construction tech startup founded by two former SpaceX engineers, has raised $115 million from a group of high-profile investors to bring SpaceX-style speed […]

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Guthrie AI raises $4 million to automate construction bidding, helping glass contractors bid 70% more with virtual bid assistants

Chicago Ventures leads the seed round as Guthrie AI expands its platform to recruit, train, and manage Virtual Bid Assistants, helping commercial glass contractors shorten bid cycles and take on more work without adding full-time estimating staff. Every missed bid […]

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SpaceX loses nearly 40% from its $225.64 post-IPO peak, erasing $1 trillion in market value

The stock has fallen from a post-IPO high of $225.64 to around its $135 offering price, wiping out roughly $1 trillion in market value as investors reassess the company’s heavy spending on Starship and Starlink. The market’s excitement over SpaceX’s […]

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European AI defense startup Helsing raises $1.8 billion at $18 billion valuation

The German startup’s latest funding round underscores growing investor confidence in AI-powered defense companies as Europe ramps up spending on military technology and sovereign capabilities. European defense startup Helsing has raised $1.8 billion in fresh funding, pushing its valuation to […]

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Why Building a SaaS Is the Worst Startup Idea for Most First-Time Founders

Recurring revenue, high margins, and unlimited scalability have made SaaS the dream startup for aspiring entrepreneurs. SaaS has produced some of the world’s most valuable companies. It has also produced thousands of startups that never reached meaningful revenue. Revenue data, […]

The post Why Building a SaaS Is the Worst Startup Idea for Most First-Time Founders first appeared on Tech Startups.

GPT-5.6 vs. Claude Fable 5: Which AI Model Is Better? The Ultimate 2026 Comparison

OpenAI and Anthropic are once again competing for the top spot in enterprise AI, with both companies unveiling their most advanced models within weeks of each other. On June 10, Anthropic introduced Claude Fable 5, bringing its once-restricted Mythos-class AI […]

The post GPT-5.6 vs. Claude Fable 5: Which AI Model Is Better? The Ultimate 2026 Comparison first appeared on Tech Startups.

Google’s AI Search produces millions of wrong answers every day despite 90% accuracy

A new analysis found Google’s AI Overviews answered factual questions correctly about 90% of the time, yet more than half of those correct responses weren’t fully supported by the sources Google cited. Google’s AI-powered search is getting better at answering […]

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Tencent leads $2B buyback of Manus after China forces Meta to unwind AI startup acquisition

China’s intervention in Meta’s $2 billion acquisition of AI startup Manus is opening the door for one of the country’s biggest technology companies to step in instead. Tencent is in talks to become the largest shareholder in Manus after Chinese […]

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Meta launches Muse Spark 1.1, an agentic AI coding model with an API to challenge OpenAI and Anthropic

Meta has opened public developer access to Muse Spark 1.1 just days after OpenAI introduced GPT-5.6, intensifying the race among leading AI labs to win developers with more capable coding models, agentic AI, and lower-cost APIs. The release marks Meta’s clearest […]

The post Meta launches Muse Spark 1.1, an agentic AI coding model with an API to challenge OpenAI and Anthropic first appeared on Tech Startups.

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