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AI Safety and Financing Worries Mount as Nvidia, Meta and Startups Keep Racing Ahead

AI safety and financing concerns are mounting even as Nvidia, Meta and startups like Reflection AI push ahead with new models.

Amazon's Bee AI Wearables, Booking's Vayo AI Travel Startup, and LinkedIn's Seattle Startup List

Booking Holdings is launching Vayo, an AI travel venture based in Seattle led by Mike Fridgen.

Anthropic CEO Dario Amodei Spends Up to 40% of His Time on Company Culture Ahead of Possible $2 Trillion IPO

Anthropic CEO Dario Amodei says he spends a third to 40% of his time making sure the company's culture is good.

How Alexandr Wang Won Mark Zuckerberg's Trust and a $100 Billion-Plus AI Bet at Meta

Mark Zuckerberg tapped Alexandr Wang to lead Meta Superintelligence Labs after a 44-minute call and a memo.

RapidCanvas raises $29M Series B to build custom enterprise AI applications

RapidCanvas raised $29 million in a Series B round led by Vertex Ventures SEA & India.

Inrix to sell substantially all assets to Allstate's Arity after 22 years

Bellevue, Wash.-based traffic data company Inrix has agreed to sell substantially all of its assets to Arity.

10KC Co-Founder on Engineering an Exit and Spotting Fake Term Sheets

10KC co-founder David Wilkin said the bootstrapped Toronto startup was two weeks from a sale in 2020 when the deal collapsed.

Modal Labs Leads Week's 10 Biggest Funding Rounds With $750M Series D

Modal Labs raised $750M in a Series D led by Accel at a $15.75B valuation, topping the week's 10 largest US startup rounds. Icon followed with $200M for robotic construction.

Vinci4D raises $250M Series B to bring physics models to chip design

Vinci4D closed a $250 million Series B at a $1.5 billion valuation, co-led by Advent International.

Same story, shown in Top Deals《Vinci raises $250M Series B to speed chip design with physics-driven AI》

Elorian releases Glimpse, a visual reasoning model trained on a few hundred GPUs

Elorian released its first model, Glimpse, as a research preview with API access and a waitlist-only chat interface. Glimpse uses a visual scratch space to crop.

Vinci pushes chip design boundaries with physics AI

Vinci4D Inc. is applying physics AI to semiconductor engineering.

Tressfecta builds Plait Pilot to ease hair braiding for stylists

Tressfecta is building Plait Pilot, a device that separates hair from packs before braiding begins.

Nvidia Robotics Veteran Amulya Vishwanath Launches Techable VC to Back Physical AI

Amulya Vishwanath, who led product marketing for Nvidia's robotics platforms for seven years.

Nvidia robotics alum Amulya Vishwanath says robotics is still in its "Lego era"

Amulya Vishwanath, who led product marketing for Nvidia's robotics platforms for seven years.

Bolt Graphics Seeks $100M at $700M Valuation for Zeus GPU to Challenge Nvidia and AMD

Bolt Graphics is seeking about $100M at a roughly $700M valuation for its Zeus GPU.

Stuut raises $52.5M Series B led by Insight Partners for order-to-cash AI

Stuut raised a $52.5M Series B led by Insight Partners, with Andreessen Horowitz.

AI safety worries multiply as Anthropic, OpenAI and Nvidia keep racing ahead

AI safety concerns are mounting as multiple states sue OpenAI over harms to children and 400 scientists call for global oversight. Anthropic told investors its revenue grew 45% sequentially to $16.8B in Q3, though that marked a slowdown ahead of its IPO. Meta released 816B-parameter Muse Spark and Muse Wonder models, while Nvidia expanded its Nemotron LLM family.

Veritas expands its anti-counterfeit chip to jewelry, trophies, and fragrance bottles

Veritas launched a second-generation anti-counterfeit chip that works on metal surfaces and can be scanned through glass.

Maritime Launch Services Conditionally Approved to List on Toronto Stock Exchange

Maritime Launch Services has been conditionally approved to list its shares on the Toronto Stock Exchange under the symbol $MAXQ.

Does a Robot Cost $2 or $35 an Hour? Physical AI's Trillion-Dollar Market Hinges on Utilization

Robot hourly costs range from $2 (Roland Berger) to $10-$12 (JPMorgan) to over $35 in early industrial deployments.

Anthropic IPO Could Be the Biggest Ever, Backer Says, as Enterprise AI Spending Explains the Valuation

A longtime Anthropic investor expects its IPO to price around $1.8 trillion and trade at $2.3 trillion to $2.4 trillion.

Intuit acquires a16z-backed UK fintech Sequence in reported $200M deal

Intuit has acquired Sequence, a London- and New York-based fintech that uses AI to automate business billing.

Jensen Huang on Rogue AI Agents and AI Doomers

Jensen Huang told Fortune that recent AI agent incidents, including OpenAI agents attacking Hugging Face.

Alef Aeronautics Flies Electric Car Over Tesla Roadster on 1,000th Flight

Alef Aeronautics flew its electric flying car over Tesla's new Roadster on its 1.

AWS to Test European Sovereign Cloud Independence by Cutting Global Network on 24 October 2026

AWS will disconnect its European Sovereign Cloud in Brandenburg, Germany, from the AWS Global Network backbone for several hours on 24 October 2026.

Aerium raises $2.5M USD seed to bring AI agents to industrial manufacturers

Toronto-based Aerium, founded last year by two former McKinsey analysts.

London's Unravel Health raises €2.96M for at-home hormone testing device

London-based Unravel Health raised €2.96 million led by Conduit EIS Impact Fund and Wrightwood.

CoreWeave investor explains how the loss-making AI neocloud plans to repay its debt

Neostellar Capital's Evan Schlossman argues CoreWeave can service its $52 billion in debt and lease commitments because $103.7 billion of remaining performance obligations.

Nvidia Backs 9 European and UK Startups in One Week

Nvidia announced planned minority investments in nine European startups, four in France and five in the UK.

Goodweek raises €10.69M seed to become AI Manager for SMBs

Goodweek, a Strasbourg-founded, Los Angeles-headquartered startup.

Ramp raises $1.85B at $60B valuation as annualised revenue tops $2B

Ramp raised $1.85B in primary financing at a $60B valuation, up from $44B in June.

Same story, shown in Top Deals《Ramp raises $1.85B at $60B valuation as it pushes deeper into AI》

North.cloud raises $60M Series B led by PeakSpan Capital to rein in cloud and AI costs

North Cloud Holdings raised $60 million in a Series B round led by PeakSpan Capital.

Marissa Mayer Says Anyone Claiming to Know How AI Will Play Out Is 'Lying or Arrogant or Both'

Marissa Mayer said at Fortune's Most Powerful Women Summit that anyone claiming to know how AI will play out is "either lying or arrogant or both.

Cal AI's viral success came from paying a small army of influencers

Cal AI, the AI calorie tracking app founded in 2024 by 19-year-old Zach Yadegari.

Mueon raises $65M Series A to develop 3D computing modules

Data center hardware startup Mueon raised $65 million in a Series A led by Maverick Silicon.

TriMagnetix raises $1M to build radiation-resistant, ultra-low-energy chips for space

Seattle-based TriMagnetix raised $1M from Acequia Capital.

Ramp raises $1.85B at $60B valuation to expand beyond finance software

Ramp Business Corp. raised $1.85 billion in a Series G round led by Dragoneer, valuing the corporate credit card and software provider at $60 billion.

Same story, shown in Top Deals《Ramp raises $1.85B at $60B valuation as it pushes deeper into AI》

Proofpoint to buy Varonis for $6.3B in cash

Thoma Bravo-owned Proofpoint agreed to acquire data security company Varonis for about $6.3 billion in cash.

Supermicro names Mark Long CFO after $2.5B smuggling case and cofounder arrest

Supermicro appointed Mark Long, 59, as CFO effective Wednesday, nearly two years after it pledged to replace David Weigand. Long.

North.cloud Raises $60M Series B, Scuba $34M, Fragment $12M, Fission Labs $10M in NYC Funding

North.cloud raised $60M in Series B funding led by PeakSpan Capital, bringing its total to $67.6M. Scuba.