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Elon Musk’s xAI raises $10 billion to fuel Grok AI and build a supercomputer to challenge OpenAI

Just two weeks after reports said Elon Musk’s AI startup xAI was aiming to raise $4.3 billion in equity on top of a $5 billion debt deal, Morgan Stanley confirmed Tuesday that the company has secured $10 billion in total […]

The post Elon Musk’s xAI raises $10 billion to fuel Grok AI and build a supercomputer to challenge OpenAI first appeared on Tech Startups.

Top 10 Startup and Tech Funding News – June 30, 2025

It’s Monday, June 30, 2025. I hope you had a restful weekend. We’re back with your daily breakdown of startup and tech funding moves, the last for the month of June. Today’s lineup offers a sweeping look at the capital […]

The post Top 10 Startup and Tech Funding News – June 30, 2025 first appeared on Tech Startups.

Apple is considering Anthropic or OpenAI to power Siri’s AI future in major shift

Apple is about to break one of its golden rules: building everything itself. According to a new Bloomberg report, Apple is now seriously considering offloading some of Siri’s brainpower to external partners like Anthropic or OpenAI. It’s a bold shift for […]

The post Apple is considering Anthropic or OpenAI to power Siri’s AI future in major shift first appeared on Tech Startups.

Robinhood launches tokenized stocks in Europe, letting EU users trade U.S. shares including OpenAI and SpaceX

Robinhood is breaking new ground in its global crypto push — and this time, it’s giving retail investors access to names that were once off-limits. The company announced Monday that it has launched tokenized versions of over 200 U.S. stocks […]

The post Robinhood launches tokenized stocks in Europe, letting EU users trade U.S. shares including OpenAI and SpaceX first appeared on Tech Startups.

Advent acquires $1B stake in LayerZero to power the AI data center boom

Private equity firm Advent International is making a billion-dollar bet on the infrastructure behind AI. Advent announced on Monday that it’s acquiring a majority stake in LayerZero Power Systems, a company based in Aurora, Ohio, that builds critical power equipment […]

The post Advent acquires $1B stake in LayerZero to power the AI data center boom first appeared on Tech Startups.

Nvidia executives dump $1 billion in stock amid AI boom: What do they know that we don’t?

Nvidia is riding high on the AI wave, and its stock is on fire. The AI chipmaker has surged over 17% this year and regained its spot as the most valuable company on the planet, leapfrogging Microsoft and Apple. But […]

The post Nvidia executives dump $1 billion in stock amid AI boom: What do they know that we don’t? first appeared on Tech Startups.

Cato Networks raises $359M in funding at $4.8B valuation ahead of potential 2025 IPO

Israeli cybersecurity startup Cato Networks has raised $359 million in fresh funding, pushing its valuation past $4.8 billion, the company reported on Monday. The round, led by Vitruvian Partners and ION Crossover Partners, brings the company’s total raised to over […]

The post Cato Networks raises $359M in funding at $4.8B valuation ahead of potential 2025 IPO first appeared on Tech Startups.

The risks of stablecoins: What JPMorgan and Big Tech won’t tell you about their stablecoins

On May 11, 2022, the TerraUSD (UST) stablecoin collapsed overnight, losing more than 99% of its value and wiping out billions, leaving investors with nothing. It was a top-10 crypto project just weeks earlier, before its founder, Do Kwon, went […]

The post The risks of stablecoins: What JPMorgan and Big Tech won’t tell you about their stablecoins first appeared on Tech Startups.

Top Startup and Tech Funding News for the Week Ending June 27, 2025

It’s Friday, June 27, 2025, and the week ends on a strong note as global tech investors continue placing bold bets across AI, infrastructure, defense, and enterprise automation. While headlines were dominated by Thinking Machines Lab’s jaw-dropping $2 billion seed […]

The post Top Startup and Tech Funding News for the Week Ending June 27, 2025 first appeared on Tech Startups.

Meta poaches three OpenAI researchers with $100M bonuses as Zuckerberg escalates AI talent war

Meta isn’t slowing down in its effort to dominate AI. Just days after dropping $15 billion into Scale AI and hiring its CEO Alexandr Wang to lead a new “superintelligence” division, Meta has now lured away three top researchers from […]

The post Meta poaches three OpenAI researchers with $100M bonuses as Zuckerberg escalates AI talent war first appeared on Tech Startups.

DeepSeek under fire: Germany tells Apple and Google to ban app over data transfers to China

Just a few months after it sent shockwaves through the tech industry with its low-cost AI model, Chinese startup DeepSeek is now under scrutiny in Europe. German authorities are calling out the company over privacy concerns and pushing Google and […]

The post DeepSeek under fire: Germany tells Apple and Google to ban app over data transfers to China first appeared on Tech Startups.

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