Articles from www.forbes.com

Articles from www.forbes.com

Alex Karp calls US reliance on AI labs for military tech “effing insane”, pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies (www.forbes.com)
3 days ago AI Nvidia

Australian payments startup Airwallex raised $320M led by Lee Fixel's Addition at an $11B valuation, and is incubating blockchain payments startup Metal (www.forbes.com)
9 days ago Blockchain Australia Startup

Pi, whose “security brain” AI agent helps companies assess vulnerabilities to prioritize and patch, raised $35M at a $100M valuation; sources: xAI is a customer (www.forbes.com)
24 days ago AI

Source: Cursor, which is prepping for an expected acquisition by SpaceX, passed $4B in annualized revenue in the last week, up from $3B in April and $2B in Feb. (www.forbes.com)
26 days ago SpaceX

Sources: AI coding startup Lovable is in talks to raise funding at a $12B valuation, up from $6.6B in December 2025 (www.forbes.com)
29 days ago Startup AI

Collate, whose AI tools automate paperwork for life sciences companies, raised $95M led by Redpoint at a ~$1B valuation, bringing its total funding to $125M (www.forbes.com)
2026-6-4 AI

Apple plans to open an Apple Developer Center in Berlin in 2026, its first center in Europe and fifth globally, offering in-person developer access and sessions (www.forbes.com)
2026-6-3 Germany Europe Apple

Thrive Holdings, a spinoff of Thrive Capital, commits $1B to acquire local accounting firms through its subsidiary, Current, and use AI to automate them (www.forbes.com)
2026-6-3 AI

Pittsburgh-based Gray Swan, which stress-tests AI models for top frontier AI labs, raised a $40M Series A at a $200M valuation co-led by Wing VC and Madrona (www.forbes.com)
2026-5-29 AI

NYC-based Pace, whose AI agents automate back-office operations for insurance companies, raised a $46M series B led by Thrive and Sequoia at a $375M valuation (www.forbes.com)
2026-5-28 AI Insurance

Opendoor Co-Founder Eric Wu's NavigateAI, which is building an expert AI coach for construction workers, raised a $25M seed led by Elad Gil at a $225M valuation (www.forbes.com)
2026-5-28 AI

Sources: Zyphra, which trains and runs inference for its open-weight models on AMD hardware, is raising a $500M Series B at a valuation of at least $5B (www.forbes.com)
2026-5-20 AMD

A profile of SAS CEO Jim Goodnight, the 83-year-old who co-founded the 50-year-old analytics firm and holds a ~67% stake worth $13.3B, as AI tests SAS' strategy (www.forbes.com)
2026-5-17 AI

Shenzhen-listed RoboTechnik, which claims to be the largest silicon photonics tool maker and whose stock is up 340% over the past year, files for a HK listing (www.forbes.com)
2026-5-16 Shenzhen

Sources: xAI co-founder Igor Babuschkin plans to raise up to $1B at an up to $5B valuation for a new AI research startup, with General Catalyst possibly leading (www.forbes.com)
2026-5-15 Startup AI

Havoc, which offers autonomous boats and software to control thousands of vessels at once, raised a $100M Series A led by Cobalt and Boardman Bay (www.forbes.com)
2026-5-13

A look at Janitor AI, a romantic fantasy roleplay chatbot site run by three men that claims 2.5M DAUs and 15M total users, with 70% to 80% identifying as women (www.forbes.com)
2026-5-11 AI chatbot

Tessera Labs, which uses AI agents to automate enterprise IT migrations and ERP transformations, raised a $60M Series A led by a16z at a $320M valuation (www.forbes.com)
2026-5-8 AI ERP

Corgi, which provides insurance for startups and uses AI to generate quotes, manage claims, and more, raised a $160M Series B led by TCV at a $1.3B valuation (www.forbes.com)
2026-5-7 Startup AI Insurance

A profile of music AI startup Suno, valued at ~$2.5B with 2M+ paying users and $300M annualized revenue as of February, as it battles record labels and artists (www.forbes.com)
2026-5-4 Startup AI

New York-based Actively, which offers AI sales agents for account management, raised a $45M Series B co-led by TCV and First Harmonic at a $250M valuation (www.forbes.com)
2026-4-29 AI New York

A profile of Anthony Fujiwara, who industrialized “clipping” for social media video marketing and has contributed to the rise of crypto casinos like Stake (www.forbes.com)
2026-4-27

Mistral, which once aimed for top open models, now leans on being an alternative to Chinese and US labs, says it's on track for $80M in monthly revenue by Dec. (www.forbes.com)
2026-4-19 China

What some leaders think of using universal income to mitigate AI-fueled layoffs: Musk calls it the “best way”, OpenAI's policy doc mentions a Public Wealth Fund (www.forbes.com)
2026-4-18 AI Layoffs

AI labs are buying Slack, Jira, and email archives from defunct startups to build “reinforcement learning gyms” and train AI agents in simulated workplaces (www.forbes.com)
2026-4-17 Startup AI Slack

Former Mercor staffers describe “operational mishaps” at the $10B startup, including employee fraud, a security breach, and suspected North Korean infiltration (www.forbes.com)
2026-4-16 Korea Startup

Mintlify, which uses AI to help companies generate software documentation, raised a $45M Series B led by a16z and Salesforce Ventures at a $500M valuation (www.forbes.com)
2026-4-15 AI Salesforce

AfterQuery, which sells coding and finance training data to AI labs, says it raised a $30M Series A at a $300M valuation, and has hit a $100M+ annual run rate (www.forbes.com)
2026-4-10 AI

Luminai, an AI-native platform for automating administrative healthcare workflows, raised a $38M Series B led by Peak XV, bringing its total funding to $60M (www.forbes.com)
2026-4-10 AI

Generalist, which raised $140M at a $440M valuation in 2025, releases GEN-1, an AI model to help robots handle high-dexterity tasks typically done by humans (www.forbes.com)
2026-4-4 AI Robot

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