$60B AI chip darling Cerebras almost died early on, burning $8M a month
Cerebras Systems was 2026’s biggest tech IPO so far. But years ago, it burned through hundreds of millions working on a chip many believed impossible.
Cerebras Systems was 2026’s biggest tech IPO so far. But years ago, it burned through hundreds of millions working on a chip many believed impossible.
AI-powered marketing platform Nectar Social announced Thursday that it raised a $30 million Series A round led by Menlo Ventures and its Anthology Fund, which was created alongside Anthropic.
Investing in the real world was lonely for Lior Susan 10 years ago. Now his firm finds itself at the center of the tech world’s action.
“There’s a common refrain among [young] people in this world that it’s easier to raise money for a startup right now than to get an internship. Which is remarkable, right?”
Stilta is an AI platform designed to automate the research and analytical work behind intellectual property cases — the kind of labor-intensive work that has historically made patent litigation slow and expensive.
“Status is built on the premise that the next generation doesn’t want to watch stories,” CEO and co-founder Fai Nur said. “They want to engage with the stories and even live inside them.”
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Altman offered to have OpenAI invest in every single startup in this Y Combinator class: tokens for equity.
Biotech company Imperagen announced on Thursday a £5 million ($6.7 million) seed round led by PXN Ventures, with participation from IQ Capital and Northern Gritstone.
Beauty and wellness booking marketplace Fresha says it has raised $80 million investment from KKR’s Next Generation Technology Growth fund, KKR’s growth equity arm.