Dream raises $260m at $3bn, tripling its value in 16 months
Dream raises $260m at $3bn, tripling its value in 16 months

Sixteen months ago, Dream was a billion-dollar company. This week it is worth three. The Israeli AI and cybersecurity firm has raised $260m in a round that valued it at $3bn, nearly tripling the $1.1bn it commanded in February 2025, a pace of revaluati…

A Colombian AI startup wants to assist half of Latin America’s doctors. Andreessen Horowitz just backed it.
A Colombian AI startup wants to assist half of Latin America’s doctors. Andreessen Horowitz just backed it.

Telepatia, an AI clinical assistant built for Latin American healthcare, has raised $33 million in a Series A led by Andreessen Horowitz. The company wants to reach half of the region’s 1.9 million doctors by the end of 2027. Total funding is now $42 m…

Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform

Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acqu…

Apple investors are running out of patience with its AI promises
Apple investors are running out of patience with its AI promises

Apple investors are losing patience with the company’s AI strategy. The stock is coming off its worst week since February after the annual Worldwide Developers Conference failed to convince Wall Street that a long-promised upgrade cycle is any closer t…

Allbirds sells its shoes, renames itself Smartbird, and says it is now an AI infrastructure company
Allbirds sells its shoes, renames itself Smartbird, and says it is now an AI infrastructure company

Allbirds, the sustainable footwear company that went public at a $4.1 billion valuation in 2021, has officially renamed itself Smartbird and appointed a new chief executive to lead its pivot into AI compute. Shares surged more than 50% on Wednesday mor…

Gary Marcus warns OpenAI’s IPO could drag Nvidia, Oracle, and CoreWeave down with it
Gary Marcus warns OpenAI’s IPO could drag Nvidia, Oracle, and CoreWeave down with it

Gary Marcus has spent years warning that the AI industry is building on shaky foundations. Now he sees a specific chain of dominoes: if OpenAI’s IPO underperforms, the fallout will not stop at one company. “Their values rely to a significant degree on …

SpaceX’s surging stock just turned its valuation into an acquisition weapon
SpaceX’s surging stock just turned its valuation into an acquisition weapon

SpaceX priced its IPO at $135 a share on 12 June. Five days later, the stock has climbed nearly 50%, pushing SpaceX past Amazon to become the fifth most valuable public company in the world at roughly $2.66 trillion. That surge is not just making share…

Arcade raised $60M to fix the real wall blocking enterprise AI agents: what they’re allowed to do
Arcade raised $60M to fix the real wall blocking enterprise AI agents: what they’re allowed to do

The problem with letting an AI agent loose inside a company is not that it might forget who it is. It is that it has no reason to hold back. A human employee is restrained by the fear of being fired. An agent, as one investor in Arcade.dev put it, “wil…

The bottleneck in geothermal moved from the drill to the turbine. This SpaceX alum raised $22M to fix it
The bottleneck in geothermal moved from the drill to the turbine. This SpaceX alum raised $22M to fix it

The race to power artificial intelligence has a problem that solar panels and wind turbines cannot fix on their own: the electricity has to be there at 3am, in still air, under cloud. Critical Energy, a Los Angeles startup founded by a former SpaceX en…

Poland bought a stake in ElevenLabs to grow its next AI champion
Poland bought a stake in ElevenLabs to grow its next AI champion

Poland produced one of the world’s most valuable AI companies almost by accident. Now it is spending public money to make sure the next one stays closer to home. Vinci, the venture arm of Poland’s state development bank BGK, has taken an $11mn stake in…