How a former hedge fund analyst transitioned into a job as a partner in venture capital focused on AI
4 min read
A startup plans to make money from reviving the woolly mammoth. Here's how.
Colossal Biosciences has raised over $400 million to bring the woolly mammoth back from extinction, and is betting on lucrative spinoff innovations.
5 min read
This startup says AI is better when it doesn't pretend to be human. See the pitch deck it used to raise $7 million.
Alta is building AI sales agents that handle prospecting, outreach, and scheduling. It raised $7 million from investors using this pitch deck.
3 min read
Swap raises $40 million to streamline e-commerce logistics with its AI-powered platform
With $40 million in fresh funding led by ICONIQ Growth, Swap aims to enhance e-commerce logistics with AI and international market expansion.
3 min read
Checking in on Big Tech's original headquarters
In this Sunday edition of BI Today, we're checking in on what's happening in Silicon Valley.
6 min read
A new anti-swiping dating app wants to be like Pokémon Go for finding love
Left Field, a new dating app, has launched in New York City and aims to combat swipe fatigue with location-based notifications.
3 min read
We went to one of tech's most exclusive conferences, where Prince Harry and Kamala Harris mingled
Though the theme of the Upfront Summit was ostensibly basketball, the more overriding one was the uneasy duality of the current tech market.
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The rise of Sam Altman, OpenAI's billionaire CEO who's embroiled in a lawsuit with Elon Musk
OpenAI CEO Sam Altman is now a household name after the release of OpenAI's groundbreaking AI model, ChatGPT.
21 min read
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Check out the pitch deck these ex-Googlers used to raise $3.25 million for their AI sales agent startup
Launched by two ex-Googlers, Breakout's AI sales rep does everything from show live demos to offer personalized insights to customers.
2 min read
Social-media startups target a new set of investors: their users
Social startups like Diem and Spill are offering community rounds via WeFunder, a platform where everyday people can invest in early-stage companies.
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Money manager VanEck is backing an under-the-radar AI fintech to boost its ETF business
VanEck invests in fintech startup FinChat to give its ETF business an edge with AI-powered research tools.
4 min read
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These engineers raised $8.1 million for a new healthcare AI startup after OpenAI acquired their last company. See the 11-slide pitch deck they used.
Charta Health's founders left Rockset before OpenAI acquired it to launch a healthcare AI startup with funding from Bain Capital Ventures.
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Mira Murati's new AI startup is set to be valued at $9 billion, sources say
Last week, OpenAI's former CTO, Mira Murati, debuted Thinking Machines Lab, a research and product lab focused on making AI more accessible.
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Kapta Space launches with $5 million in seed funding to build out its satellite radar technology
Kapta Space plans to innovate space radar technology, enhancing precision and reducing imaging costs with electronically steerable antennas.
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This 23-year-old AI startup founder raised $7 million from investors like Google's Gradient and General Catalyst
Cyril Gorlla's startup, CTGT, allows enterprise companies to take an off-the-shelf foundation model and imbue it with their brand voice and data.
3 min read
ScorePlay, which supports sports organizations like Major League Soccer, raises $13 million from VCs and athletes
ScorePlay has raised $13 million in Series A funding from VCs and pro athletes. The company offers AI-powered content tools for sports teams and leagues.
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A startup has raised $3.9 million from Nat Friedman and Daniel Gross to solve AI's unstructured data bottleneck
Founded by former software developers at Tesla and Nvidia, Pulse specializes in unstructured data preparation for machine learning models.
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The wait is finally over. Mira Murati announces new startup, Thinking Machines Lab.
The former OpenAI CTO launched Thinking Machines Lab, set to focus on human-AI collaboration and making AI more accessible.
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Customer data startup Hightouch raises new funding at $1.2 billion valuation in round led by Sapphire Ventures
With its $80 million funding round, Hightouch becomes a startup unicorn. It uses AI to transform marketing and sales, rivaling Salesforce and Twilio.
3 min read
AI startup Groq once almost ran out of money, so the CEO took a page from World War II fundraising
CEO Jonathan Ross said that it took the company years to find product-market fit, which led to a cash crunch before a funding round.
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Some secondary buyers are finally showing interest in X, formerly known as Twitter, to ride the Trump wave
Some secondary buyers are inquiring about buying shares of X at $54.20 per share, marking an increase in interest in the company compared to last year.
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Mistral's CEO Arthur Mensch tells BI that DeepSeek is a win for the open-source ecosystem
Arthur Mensch told Business Insider that DeepSeek was the "Mistral of China," with its new R1 models a "great moment for open source."
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Here are the OpenAI employees who are joining Mira Murati's new startup
The former OpenAI CTO is swiftly raising capital and hiring top talent from AI leaders like OpenAI and Google DeepMind for her new startup.
4 min read
AI chip startup EnCharge has secured a $100 million Series B led by Tiger Global using this pitch deck
EnCharge is developing in-memory chip technology to run AI operations more efficiently so computations can take place on local devices.
2 min read
Why this AI agent startup founder believes her creativity and passion give her a competitive edge
Saumya Bhatnagar says that her background in the arts has made her a better engineer and a more creative founder.
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A software engineer built an app for tracking her weight-loss shots. In 8 months, it's crossed 100,000 downloads and has $2 million from VCs.
Aja Beckett quit her job after her app for tracking weight-loss shots, Shotsy, took off on Reddit.
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Glean's latest AI release lets customers build digital agents that work while they sleep
Glean has dropped a new suite of tools for customers to build, deploy, and manage digital agents.
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Inside my exhausting double life as a tech worker making 6 figures and an erotic audiobook founder
Working a six-figure tech job during the day and late nights on his erotic audio-book startup, Michael Albertshauser ended up crashing and burning.
6 min read
The contest to build the dominant AI-powered search engine is now being waged on college campuses
In the past year, AI search startups Perplexity, You.com, and Liner have recruited hundreds of students to promote and endorse their apps.
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Bain Capital Ventures-backed startup Index raises $2 million to build product management tools
The Australia-based startup gets seed funding to enhance product management tools, facilitating idea tracking and roadmap creation.
3 min read
These 11 startups are making AI more energy and cost-efficient, according to top VCs
From data center cooling to novel chip design, VCs are pouring cash into startups making AI more cost-efficient and environmentally-friendly.
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A startup building a platform to prove you're human and not AI just raised $7.3 million
The San Francisco-based startup will use the funding to develop its tools for verifying human and AI identities.
2 min read
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Pharmacy benefit management unicorn Capital Rx hits $3.5 billion in revenue with a different approach to drug pricing as Congress targets middlemen
Healthcare startup Capital Rx seeing revenue surge as Congress seeks to regulate the PBM giants that profit from high drug costs.
4 min read
VCs are eager to back a new wave of AI-powered robots. Here are 12 startups in the space to watch.
The next wave of AI robotics startups transforming healthcare and logistics will include these 12 companies that have raised VC money last year.
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The stakes for a healthcare IPO are higher than ever
After a series of public market collapses, investors and bankers have strict standards for healthcare startups hoping to IPO this year.
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OpenAI cofounder John Schulman leaves Anthropic months after joining
OpenAI cofounder John Schulman has left rival artificial intelligence firm Anthropic, a job he held for about six months.
2 min read
A new social music platform just hit 1 million users. Here's the pitch deck it used to close its $8 million seed round.
Hangout, a social music platform, launched in November as a new way to listen to music with friends and strangers.
7 min read
OpenAI challenger Mistral launches revamped AI life and work assistant
Mistral's cofounder and CEO, Arthur Mensch, told BI that he uses le Chat to generate documents and for thinking about strategy.
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Y Combinator's Spring 2025 application deadline is approaching. Here's what the startup accelerator is looking for in AI ideas — from AI agents to data centers.
Y Combinator's Spring 2025 batch is open for applications, targeting AI agents, AI infrastructure, and security enhancements
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AI search unicorn Glean just became a $100 million business, and it has plenty of room to grow
Glean, a maker of search chatbots and agents for businesses, has more than doubled its customer base in the past year alone, CEO Arvind Jain said.
3 min read
Nutrition startup Fay just landed $50 million in Series B funding at a $500 million valuation led by Goldman Growth Equity
General Catalyst-backed Fay landed the Series B fundraise at a valuation around $500 million.
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Anthropic-backed startup Alma debuts an AI-powered nutrition app that tracks and analyzes eating habits
Alma, backed by Menlo Ventures and Anthropic's Anthology Fund, introduces an AI-powered nutrition app that analyzes eating habits and suggests foods.
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OpenAI-backer Fidelity marked up its stake in Anthropic by 25% after acquiring shares in FTX bankruptcy
Mutual fund giant Fidelity acquired a stake in Anthropic in 2024 in bankruptcy proceedings for FTX.
2 min read
I went to the US and was shocked by how different the culture toward entrepreneurship was from the UK. Here are the main differences.
A British founder who traveled to the US for a business workshop shares his reflections on how differently the countries approach entrepreneurship.
6 min read
Richard Kramlich, a godfather of modern venture capital and cofounder of New Enterprise Associates, dies at 89
Charles Richard "Dick" Kramlich, co-founder of VC firm New Enterprise Associates, was one of the earliest investors in Apple.
5 min read
A Fidelity fund is now valuing its stake in SpaceX at more than $2.7 billion
Fidelity's Contrafund values its SpaceX stake at over $2.7 billion, a significant increase in the company's valuation since its 2015 Series G.
2 min read
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Roboforce makes AI robots that can do manual labor. Here's the pitch deck the startup used to raise $10 million.
AI robotics startup Roboforce secured $10 million to scale its team and robot development, with funding led by economist Myron Scholes.
2 min read
I dropped out of Harvard after 8 months to pursue entrepreneurship. I've never been happier, but I did miss out on the college experience.
Steven Wang had been studying at Harvard for eight months when he decided to drop out to work on Dub — his copy-trading platform — full time.
6 min read
This startup is bringing AI agents to banks and money managers including UBS, Blue Owl Capital, and T. Rowe Price. Here's the deck it used to raise $8 million.
Auquan's technology has saved 20 different clients a collective 50,000 hours worth of work producing thousands of due diligence reports.
4 min read