Latest Startups & Entrepreneurship News
Nvidia Strikes $20B Deal with AI Chip Startup Groq
Nvidia has acquired assets from AI chip startup Groq in a record $20 billion licensing and asset deal, acqui-hiring founder Jonathan Ross. This follows Groq's $750M funding round in September 2025 valuing it at $6.9B, signaling a new era for AI hardware. The move positions Nvidia to dominate AI inference amid intensifying competition.
Waymo Eyes $110B Valuation with $15B Funding Push
Alphabet's Waymo seeks over $15B in new funding to reach $110B valuation, leading the robotaxi market with plans for 2026 launches in over a dozen cities including London. It recorded 14M trips in 2025 and built an Arizona plant for self-driving Jaguar SUVs. Expansion aims for major revenue by 2027.
Scribe Raises $75M Series C at $1.3B Unicorn Valuation
Workflow software startup Scribe raised $75M in Series C funding led by StepStone, achieving unicorn status at $1.3B valuation. The platform helps companies document processes and adopt AI, serving 44% of Fortune 500 including T-Mobile and LinkedIn. Funds accelerate Optimize rollout and new products.
Neural Concept Secures $100M Series C for AI Engineering
Swiss AI firm Neural Concept raised $100M in Series C led by Goldman Sachs Alternatives to revolutionize product development with AI-native engineering. It accelerates design cycles and reduces late-stage changes. The funding fuels innovation in efficiency for engineering teams.
MoEngage Boosts Funding to $280M, Eyes IPO at $850M Val
Customer engagement platform MoEngage added $180M to its Series F, totaling $280M led by ChrysCapital, valuing it at $850M. Funds target AI suite Merlin expansion, global growth, and acquisitions. Cited across 12 tech media for IPO preparations.
Runway Tops Video AI Leaderboards, Beats Google and OpenAI
100-person startup Runway's Gen-4.5 became the world's #1 video AI model, surpassing Google Veo 3 and OpenAI Sora 2 Pro with superior physics and audio. Released GWM-1 for interactive simulations. CEO highlights outcompeting trillion-dollar giants.