Anthropic just closed a $65 billion Series H at a $965 billion valuation. The same week, one of its enterprise customers accidentally spent $500 million in a single month on its models after failing to set spend limits. The gap between those two number…
In today’s software market – especially in the AI cycle – capital is flowing into an unusually broad set of categories. Many of them are being funded, scaled and valued as if they can produce billion-dollar outcomes. But a recurring pattern suggests o…
Y Combinator’s latest batch reveals the next phase of AI, with startups building the infrastructure, trust and systems needed to bring AI agents into production.
Bot traffic has surpassed humans on the Internet. The winners in the next infrastructure cycle are the companies building trust rails for machines: agent identity, intent verification, API-native content delivery.
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new…
Anthropic and OpenAI are racing toward trillion-dollar valuations as foundation model funding absorbs 14% of global venture capital. The question is whether foundation labs have built enough application-layer lock-in to avoid the structural fate of the…
While most venture capital fled early-stage medical devices, Catalyst Health Ventures stayed, and built a disciplined model that keeps producing exits.
AI dominates venture capital research and investments — but the next big startups often break the rules. Human judgment still matters.
Helmed by billionaire Michael Dell’s Son, Base Power is manufacturing its own home batteries to provide back up electricity in regions where the grid fails to serve people reliably.
From Alibaba and Meta to OpenAI and SpaceX, these are the startups that generated the greatest venture returns and defined 25 years of the Forbes Midas List.