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Daniel Levi @ Startups News · 06/17/2026 12:49 EDT

Z.ai’s open-source GLM-5.2 beats GPT-5.5 on coding benchmarks at one-sixth the cost

The 753-billion-parameter model outperformed GPT-5.5 on several software engineering benchmarks, offers a 1-million-token context window, and is available under an unrestricted MIT license. Since ChatGPT’s launch in November 2022, the AI industry’s most capable models have largely come from a ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/17/2026 11:51 EDT

Allbirds rebrands as Smartbird, names Nvidia-linked AI executive as CEO after AI pivot

What happens when a struggling shoe company decides it wants to become an AI infrastructure business? Investors are about to find out. Just two months after abandoning its footwear identity in favor of artificial intelligence, Allbirds announced Wednesday that it ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/17/2026 10:37 EDT

KLIPY raises $3.8 million, joins Google’s AI Futures Fund to build the AI-powered expression layer

Text is no longer the dominant language of the internet. Memes, GIFs, stickers, and short video clips have become a primary way people communicate online, especially among younger users. AI is pouring fuel on that trend, turning millions of consumers ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/17/2026 09:48 EDT

Odyssey raises $310 million at $1.45 billion valuation to build AI that simulates the real world

Odyssey, a startup building what researchers call “world models,” announced Wednesday that it has raised $310 million in Series B funding at a $1.45 billion valuation. The round was led by Natural Capital and included participation from Amazon, AMD Ventures, ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/17/2026 08:58 EDT

Top Tech News Today, June 17, 2026

It’s Wednesday, June 17, 2026, and today’s biggest tech moves show that shift in real time: Washington is funding AI-driven chip materials, Europe is racing to build sovereign AI, G7 leaders are sitting down with frontier model CEOs, and companies from ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/17/2026 08:24 EDT

Big tech-backed Frontier adds $915 million for carbon removal, bringing total commitments to $1.8 billion

As AI data centers, factories, airlines, and heavy industries consume more energy, one question keeps resurfacing: How will the world remove billions of tons of carbon dioxide already in the atmosphere? A coalition backed by some of the biggest names ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/16/2026 18:25 EDT

Venture Capital & Startup Funding Roundup, June 15, 2026

It’s Tuesday, June 16, 2026, and venture capital investors are sending a clear message: the race to build the infrastructure behind the AI economy is far from over. Capital did not fan out evenly today. It clustered around three ideas: ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/16/2026 15:50 EDT

Rivian lays off hundreds of employees as EV maker pushes for profitability ahead of R2 SUV launch

Rivian is cutting hundreds of jobs as the electric vehicle maker enters one of the most important chapters in its history. The layoffs, announced Tuesday, affect less than 2% of Rivian’s workforce and come just days after the company began ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/16/2026 13:46 EDT

Databricks acquires Panther Labs in cybersecurity push to take on CrowdStrike and Splunk

Databricks announced Tuesday that it has agreed to acquire Panther Labs, a cybersecurity startup known for helping organizations collect, analyze, and act on security data at scale. Financial terms of the deal were not disclosed. The acquisition comes as cybersecurity ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/16/2026 13:13 EDT

The 7 Most Valuable Companies in the World, Ranked by Revenue and Profit: One Generates $717 Billion a Year. Another Is Losing Money

Amazon generates the most revenue. Nvidia earns some of the highest profits. SpaceX loses money. Yet all three rank among the world’s most valuable companies, revealing how investors are valuing businesses in the AI era. On Friday, SpaceX made history ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/16/2026 11:04 EDT

Limitless Labs raises $20M to scale physical AI for precision manufacturing and CNC automation

AI has transformed how people write code, create content, and analyze data. Manufacturing remains a different challenge. Factories still depend on experienced CNC programmers who spend years learning how to machine complex aerospace, defense, medical, and industrial parts. Much of ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/16/2026 09:50 EDT

Top Tech News Today, June 16, 2026

It’s Tuesday, June 16, 2026, and today’s global tech agenda shows just how quickly the next phase of the industry is taking shape — from DeepSeek’s massive China AI funding round and Qualcomm’s chip ambitions to AI security, streaming consolidation, ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/16/2026 08:33 EDT

SpaceX to acquire Cursor in $60 billion deal, SEC filing shows

SpaceX is acquiring Cursor, the world’s fastest-growing software startup, for $60 billion in an all-stock deal, making a bold move beyond rockets, satellites, and AI models. According to a Form 8-K filed with the U.S. Securities and Exchange Commission on ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/16/2026 08:15 EDT

DeepSeek raises $7.4 billion at $50 billion+ valuation in landmark AI funding round

The global AI race just entered a new phase, and one of China’s most closely watched startups is making its biggest move yet. DeepSeek has raised more than 50 billion yuan, or about $7.4 billion, at a valuation exceeding $50 ... Read more ›

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