AI hardware startup Tsavorite has secured more than $100 million in pre-orders for its Omni Processing Unit chips. The company, founded by Intel veterans, expects to deliver its AI appliances by next year to support agentic AI workflows.
Airbuds has become a viral hit with younger users by automatically sharing what friends are listening to. The app just raised $5 million from Reddit cofounder Alexis Ohanian’s VC firm and has been downloaded over 15 million times. Here’s why it’s resonating with the TikTok generation.
Tokyo is pushing forward with commercial urban air taxi service by 2030. The plan involves major eVTOL players like Archer Aviation and Joby Aviation in a multi-phase implementation project. Demonstration flights over Tokyo Bay are scheduled to begin in the 2025-2027 timeframe.
BillionToOne’s Nasdaq debut defied market trends with shares jumping 80% to $109. The diagnostics company, founded by Stanford PhD Özhan Atay, has seen explosive revenue growth from its genetic testing technology.
OpenAI CFO Sarah Friar hinted at potential U.S. government guarantees for AI financing. Sam Altman separately called for government to become “insurer of last resort” for AI projects. The comments come amid concerns about AI bubble and compute constraints.
Ventures Platform has secured $64 million toward its $75 million target for African startups. The Nigerian government’s participation marks its debut VC investment, signaling strong local support for the continent’s tech ecosystem.
Europe’s most promising AI startups are backed by over 700 investors, but a small group dominates. Seedcamp leads with 13 portfolio companies, while US investors participate in 40% of European AI deals.
Nscale won £500m from Nvidia and a key role in the UK’s AI infrastructure plans. But internal chaos, a botched acquisition and losing a copyright lawsuit raise serious questions about its capability to deliver.
Anthropic’s aggressive enterprise strategy is paying off with projections showing $70 billion in revenue by 2028. The company expects to generate $17 billion in cash flow that year while rival OpenAI anticipates massive losses.
Microsoft and NVIDIA have teamed up to launch the Agentic Launchpad initiative targeting AI startups in the UK and Ireland. The program offers selected companies access to NVIDIA’s GPU infrastructure and Microsoft’s cloud ecosystem, plus expert mentorship and training resources.
