Warby Parker shares surged around 16% after Google announced a $150 million partnership to develop stylish smart glasses, with the first line set to launch after 2025 using Google's Android XR operating system and AI assistant.
Builder.ai, a Microsoft-backed AI software company once valued over $1B, is entering insolvency proceedings due to financial strain, leadership turmoil, and alleged inflation of sales figures, despite raising over $450M in funding and promising simplified app development.
Moonvalley, an AI video startup, has raised $53 million from 14 investors, bringing its total funding to $124 million, as it aims to create generative video tools for filmmakers and creative professionals while addressing copyright concerns and ethical issues in the space.
Trump inks $2.2 trillion tech and chip deals with Gulf states, boosting their AI ambitions in exchange for massive investments, positioning Saudi Arabia, UAE, and Qatar as emerging AI superpowers and key U.S. tech allies.
The University of California awarded $18 million to fund ambitious AI research projects in genomics, quantum materials, and geothermal energy, bringing together expertise from UC campuses and national labs to accelerate scientific breakthroughs and innovation at unprecedented scale.
CoreWeave, an AI cloud computing startup specializing in GPU infrastructure, saw its stock soar over 50% after securing a $7 billion lease deal with Applied Digital, cementing its position as a major player in the rapidly growing AI industry.
Hedra, an AI video platform startup, raised $32 million to build omnimodal foundation models like Character-3 that generate lifelike character videos from text, audio, and image inputs, empowering creators and marketers to produce narrative-driven content at scale.
Granola, an AI-powered notetaking app that just raised $43M at a $250M valuation, unveils collaborative features enabling users to share transcripts and notes with teammates, leveraging AI to surface insights from a broader pool of information.
AI powerhouse Harvey raises $100M at a $1.5B valuation, backed by Google Ventures, OpenAI, and top VCs, to supercharge its AI-powered technology for professional services across business functions globally.
Meta, Hugging Face, and Scaleway have joined forces to launch an AI startup accelerator at STATION F, offering housing, events, and comprehensive startup programs to support and nurture promising AI ventures.