Articles from www.forbes.com

Articles from www.forbes.com

Traversal, which provides AI agents for site reliability engineering, raised $120M co-led by Kleiner Perkins, Redpoint, and Khosla at a $1B valuation (www.forbes.com)
19 hours ago AI

Tutor, which is training a frontier robot foundation model and builds AI warehouse robots, raised a $75M Series B led by a16z, taking total funding to $117M (www.forbes.com)
2 days ago AI Robot

Elon Musk says the cost of serving Grok Bot was “unsustainably high relative to revenue”, following subscriber complaints regarding rapid usage limit depletion (www.forbes.com)
2 days ago Elon Musk

Data analytics provider Hex Technologies, which says it has rebuilt its platform for AI agents, raised a $100M Series D led by Peak XV at a $1.2B valuation (www.forbes.com)
2 days ago AI

Infisical, which helps companies use AI agents without handing over their private credentials, raised a $40M Series B led by Elad Gil at a $600M valuation (www.forbes.com)
7 days ago AI

Anthropic's IPO outlines an unusual succession plan: confidential, ranked lists of up to ten successors per founder, subject to approval from five cofounders (www.forbes.com)
8 days ago IPO

A look at OpenAI's Project Daybreak, which lets vetted partners use its top hacking models to find and fix vulnerabilities and helped uncover PHP2Shell RCE bugs (www.forbes.com)
11 days ago

Maxinsights, which creates training data for robots using first-person footage from cameras worn by 5,000+ contractors, raised a $30M seed led by Peak XV (www.forbes.com)
13 days ago Robot

Xona, which plans to deploy a 258-satellite low-Earth orbit constellation as a commercial alternative to GPS, raised a $250M Series D at a $2.45B valuation (www.forbes.com)
13 days ago GPS

Dream Labs, which offers an API for its Dream-1 robot foundation model trained on human videos, raised a $90M seed led by B Capital and Kindred Ventures (www.forbes.com)
15 days ago Robot

Albert Invent, which launched an AI model trained on chemical patents and data about 15M molecules, raised a $55M Series B, a source says at a $340M valuation (www.forbes.com)
21 days ago AI

Sources and internal docs: TikTok cut the violations for which an advertiser could be immediately banned from 37 to 13 last fall, leading to a surge in scams (www.forbes.com)
25 days ago

Sabi, which is building a baseball cap that uses 100K non-contact neuro-sensors to convert neural signals into text prompts for AI systems, raised a $50M seed (www.forbes.com)
26 days ago AI

Valon, which makes software to help US mortgage companies cut red tape and costs, raised a $150M Series D from Ribbit, a16z, and others at a $2.3B valuation (www.forbes.com)
30 days ago mortgage

Sources: AI training data startup Micro1 raised $100M+ at a $4B valuation, up from $500M in September 2025 (www.forbes.com)
2026-9-23 Startup AI

Apple unveils Apple Music Hall, a live music venue in London's Battersea Power Station with a capacity of up to 600 people and two recording and mixing studios (www.forbes.com)
2026-9-22 Apple London

Vercel, Cloudflare, and others quickly add Jev, as it makes AI tool selection much faster and cheaper; TypeSafe: Jev matches GPT-5.6 and Sonnet 5 workflow evals (www.forbes.com)
2026-9-21 AI

TypeSafe AI, which is developing a model that outputs numerical responses with probability estimates to help businesses assess reliability, raised a $40M seed (www.forbes.com)
2026-9-20 AI

Antioch, which creates high-fidelity simulations to reduce the need for hardware validation in physical AI training, raised a $32M Series A led by Greylock (www.forbes.com)
2026-9-9 AI

Sources: neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+ valuation; in July, the company announced a $750M round at a $7.5B valuation (www.forbes.com)
2026-9-3

Sources: AfterQuery, which sells coding and finance training data to AI labs, has hit a valuation of $3.2B, up from $300M in April, and is profitable (www.forbes.com)
2026-9-2 AI

Filing: in 2025, TikTok posted its first net profit of $702.5M in Europe, Africa, and Latin America on $9.1B in revenue, up 45.7% YoY (www.forbes.com)
2026-8-21 Europe U.S. Africa Latin America

A profile of DDN, a managed data storage company whose annual revenue is expected to grow from $300M pre-AI boom to $1B by year's end, fueled by AI partnerships (www.forbes.com)
2026-8-7 AI

Docs: US data labeling companies, like Surge AI and Mercor, that sell training datasets to US AI labs and the government are also selling them to Chinese labs (www.forbes.com)
2026-8-7 China AI

London-based robotics startup Humanoid raised a $152M Series A led by Prime Movers Lab at a $1.35B post-money valuation, bringing its total funding to $270M (www.forbes.com)
2026-7-22 Startup Robot London

Poolside launches Laguna S 2.1, an 118B open-weight model built for agentic coding and long-horizon work, that it says competes with larger open models (www.forbes.com)
2026-7-22

Cadence unveils AuraStack AI Super Agent, an AI platform for PCB and advanced chip packaging design, with Nvidia, TSMC, and Schneider Electric among early users (www.forbes.com)
2026-7-16 AI Nvidia

Alex Karp calls US reliance on AI labs for military tech “effing insane”, pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies (www.forbes.com)
2026-7-2 AI Nvidia

Australian payments startup Airwallex raised $320M led by Lee Fixel's Addition at an $11B valuation, and is incubating blockchain payments startup Metal (www.forbes.com)
2026-6-25 Blockchain Australia Startup

Pi, whose “security brain” AI agent helps companies assess vulnerabilities to prioritize and patch, raised $35M at a $100M valuation; sources: xAI is a customer (www.forbes.com)
2026-6-11 AI

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