Browsing: billion

Technology

Chinese AI startups raised $16.2 billion in Q1 2026, up 185% year-on-year, led by top AI labs including Moonshot, Z.ai and MiniMax (Karen Tian/South China Morning Post)

By Stacey D. WallsMay 22, 2026

Featured Podcasts Access: Substack CEO talks AI slop, free speech and taking over YouTube A show about the inside conversations…

Technology

Source: Cursor reached $3 billion in annualized revenue at the end of April and now has more than 3,000 customers paying at least $100,000 each for its software on an annualized basis (Rachel Metz/Bloomberg)

By Stacey D. WallsMay 21, 2026

Rachel Metz / Bloomberg: Source: Cursor reached $3 billion in annualized revenue at the end of April and now has…

Technology

Source: Smart ring maker Oura has confidentially filed for a US IPO, expected later in 2026; Oura, based in SF and Finland, had a valuation of $11 billion as of September 2025 (Mark Gurman/Bloomberg)

By Stacey D. WallsMay 21, 2026

Mark Gurman / Bloomberg: Source: Smart ring maker Oura has confidentially filed for a US IPO, expected later in 2026;…

Technology

Commure, which offers AI, revenue cycle management and workflow automation tools for healthcare providers, raised $70 million led by GC at a post-funding valuation of $7 billion (Paige Minemyer/Fierce Healthcare)

By Stacey D. WallsMay 21, 2026

Featured Podcasts Channels with Peter Kafka: Vox Media’s Jim Bankoff explains why he’s selling to James Murdoch Media and technology…

Business & Money

Fintech company Mercury hits $5.2 billion valuation after funding round

By Stacey D. WallsMay 20, 2026

Immad Akhund, CEO and co-founder of startup Mercury.Courtesy: Mercury TechnologiesMercury, a financial technology company that provides banking services to startups,…

Technology

Exa, which offers a search engine designed for AI agents, raised $250 million led by a16z at a valuation of $2.2 billion, up from $700 million in September 2025 (Bloomberg)

By Stacey D. WallsMay 20, 2026

Bloomberg: Exa, which offers a search engine designed for AI agents, raised $250 million led by a16z at a valuation…

Technology

Analysis based on the current valuations of OpenAI and Anthropic suggests that approximately $370 billion in philanthropic assets tied to the two AI companies are close to becoming liquid (Nan Ransohoff/Nan’s Substack)

By Stacey D. WallsMay 20, 2026

Featured Podcasts Training data: Rebuilding computing from the ground up for the AI era: Serval’s Jake Stauch Sequoia Capital partners…

Technology

Sources detail growing concerns within SoftBank over Masayoshi Son’s more than $60 billion bet on OpenAI, which some fear will concentrate too much capital in one company (Bloomberg)

By Stacey D. WallsMay 19, 2026

Featured Podcasts Training data: Rebuilding computing from the ground up for the AI era: Serval’s Jake Stauch Sequoia Capital partners…

Technology

Decart, which offers real-time generative video and GPU optimization technology, raised $300 million at a valuation of approximately $4 billion, up from $3.1 billion after raising $153 million in August 2025 (Robbie Whelan/Wall Street Journal)

By Stacey D. WallsMay 18, 2026

Robbie Whelan / Wall Street Journal: Decart, which offers real-time generative video and GPU optimization technology, raised $300 million at…

Technology

Baidu Reports First Quarter Revenue Down 1.1% YoY to ~$4.7 Billion, Above Estimate of ~$4.5 Billion, and Net Profit Down 55% YoY to ~$506.6 Million, Above Estimate of ~$462.5 Million, Amid Slow AI Gain (Tracy Qu/Wall Street Journal)

By Stacey D. WallsMay 18, 2026

Tracy Qu / Wall Street Journal: Baidu reports first quarter revenue down 1.1% YoY to ~$4.7B, above estimate of ~$4.5B,…

What does Quad’s new monitoring initiative mean for Indian Ocean security? – The diplomat

Military buildup triggers housing crisis in Guam, outpacing residents’ prices – Radio Free Asia

When Buddhist robes meet Sri Lankan law – The Diplomate

How Beijing is disrupting both developing and advanced economies – The Diplomat

Rethinking the ‘absolute bar’ on India’s Scheduled Caste status – The Diplomat

Replimune to Resubmit Melanoma Drug After Makary Leaves FDA

Asian grocery brands are moving beyond the “ethnic aisle”

Disney’s ABC Files for Early Renewal of FCC Broadcast Licenses

American Eagle (AEO) First Quarter 2026 Results

Gap result (GAP) Q1 2026

Democrats are about to kill Trump’s entire Senate agenda

Power To The People protest festival will be final pre-midterm nail in Trump’s coffin

How Trump’s Texas Disaster Could Cost Republican Senate Seats Nationwide

Between two naps, Trump blames Biden for the Lincoln Memorial

Trump let the truth slip while claiming he is in perfect health

Microsoft faces backlash after blog post implicates criminal firing and legal action against security researcher Nightmare Eclipse over public bug disclosures (Lorenzo Franceschi-Bicchierai/TechCrunch)

Microsoft is working on an application that will include GitHub Copilot, Copilot chat, Copilot Cowork and a new agent workflow tool called Autopilot (Sebastian Herrera/Fortune)

An episode of BBC Question Time featured a panel with AI-generated historical figures like Churchill, intended to show the “hyper-real and compelling” nature of AI images (Holly Bishop/The Independent)

Allegations that China is behind protests against U.S. data centers draw criticism from AI industry allies, who say the industry and politicians are in denial (Evan Halper/Washington Post)

Lenovo’s stock is up 105% in May, marking its biggest monthly gain since 1999, after earnings showed AI-related revenue helped offset rising memory costs (Bloomberg)

Browsing: billion

Chinese AI startups raised $16.2 billion in Q1 2026, up 185% year-on-year, led by top AI labs including Moonshot, Z.ai and MiniMax (Karen Tian/South China Morning Post)

Source: Cursor reached $3 billion in annualized revenue at the end of April and now has more than 3,000 customers paying at least $100,000 each for its software on an annualized basis (Rachel Metz/Bloomberg)

Source: Smart ring maker Oura has confidentially filed for a US IPO, expected later in 2026; Oura, based in SF and Finland, had a valuation of $11 billion as of September 2025 (Mark Gurman/Bloomberg)

Commure, which offers AI, revenue cycle management and workflow automation tools for healthcare providers, raised $70 million led by GC at a post-funding valuation of $7 billion (Paige Minemyer/Fierce Healthcare)

Fintech company Mercury hits $5.2 billion valuation after funding round

Exa, which offers a search engine designed for AI agents, raised $250 million led by a16z at a valuation of $2.2 billion, up from $700 million in September 2025 (Bloomberg)

Analysis based on the current valuations of OpenAI and Anthropic suggests that approximately $370 billion in philanthropic assets tied to the two AI companies are close to becoming liquid (Nan Ransohoff/Nan’s Substack)

Sources detail growing concerns within SoftBank over Masayoshi Son’s more than $60 billion bet on OpenAI, which some fear will concentrate too much capital in one company (Bloomberg)

Decart, which offers real-time generative video and GPU optimization technology, raised $300 million at a valuation of approximately $4 billion, up from $3.1 billion after raising $153 million in August 2025 (Robbie Whelan/Wall Street Journal)

Baidu Reports First Quarter Revenue Down 1.1% YoY to ~$4.7 Billion, Above Estimate of ~$4.5 Billion, and Net Profit Down 55% YoY to ~$506.6 Million, Above Estimate of ~$462.5 Million, Amid Slow AI Gain (Tracy Qu/Wall Street Journal)