Browsing: Startups

Brynn Putnam and Tristan Walker have already done something that most founders only dream about: created companies so compelling that bigger outfits bought them. Putnam, a trained ballerina with a small chain of boutique studios, built the connected-fitness company Mirror and sold it to Lululemon for $500 million in cash less than three years later.…

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Benchmarking has become the industry norm for how AI companies validate their models’ capabilities and, when the metrics swing in their favor, stand out from competitors and advertise their superiority. In other words, good benchmarks pretty much always mean good PR.

These days, it’s rare to hear of a startup founded in 2019, or one not focused on AI agents, raising a hefty Series C. But health insurance startup Angle Health announced Friday that it raised a $200 million Series C, alongside a $400 million tender offer, at a $2.7 billion valuation. The round was led…

Four years ago, a startup lab launched that wasn’t quite an incubator, accelerator program, or venture firm. UP.Labs, as it was called then, built startups designed to solve problems for corporate customers such as Alaska Airlines and Porsche, as well as for the outside world.

You have an AI product to build. Do you choose a proprietary frontier model and get moving quickly? Build on an open model and gain greater control? Fine-tune your own version? Run locally? Use multiple models? Change strategy six months from now when the economics and capabilities shift again?

The app you use to trade stocks increasingly wants to be the app you use to manage your financial life.

Jeff Lawson has already helped build a company with more than $4 billion in revenue and 300,000 customers worldwide. After scaling Twilio into a public company, his next challenge reaches well beyond software: bringing fusion power to the grid as co-founder and CEO of Inertia.

If AI lab PrismML isn’t on your radar yet, it should be — not because it’s raised gobs of money (it hasn’t yet, just a $22.25 million seed round), but because of the technical minds involved and the potentially industry-changing tech it’s developing.