Neko Health raises $700M at nearly $7bn and heads to New York
Neko Health raises $700M at nearly $7bn and heads to New York

Neko Health, the body-scanning startup from Spotify’s Daniel Ek, has raised $700m and is now worth about $7bn. It is heading to New York, backed by Mark Zuckerberg, Maria Sharapova, and will.i.am. “We’ve gone into markets where health care is free, and…

Emergent hits a $1.5bn valuation as vibe coding mints another unicorn
Emergent hits a $1.5bn valuation as vibe coding mints another unicorn

Emergent’s vibe coding platform hit a $1.5bn valuation a year after launch. Its founder says most businesses do not need software, they need a way to turn how they work into it. “Most businesses don’t need any software. They need a way to turn how they…

Chai Discovery raises $400M at $3.8bn as AI drug discovery moves from promise to deployment
Chai Discovery raises $400M at $3.8bn as AI drug discovery moves from promise to deployment

Chai Discovery’s $400m raise triples its value to $3.8bn in seven months. It is the latest sign that AI drug discovery has moved from promise to deployment. AI drug discovery just minted another fast-rising star. Chai Discovery has raised a $400m Serie…

Reflection signs a $1bn AI compute deal with Nebius, its second big capacity grab in a month
Reflection signs a $1bn AI compute deal with Nebius, its second big capacity grab in a month

Reflection AI has locked in more computing power. The US startup signed an AI compute deal worth more than $1bn with Nebius, the Amsterdam-based cloud provider, according to Bloomberg. The agreement runs through 2029. It gives Reflection access to Nvid…

DeepSeek is preparing an IPO and chasing a $71bn valuation, weeks after its first raise
DeepSeek is preparing an IPO and chasing a $71bn valuation, weeks after its first raise

DeepSeek is getting ready to go public. The Chinese AI lab has started laying the groundwork for an initial public offering, according to Bloomberg. It could file as soon as this year, with a debut targeted for 2027. First, though, it wants to raise mo…

Apple is in talks with the startup shrinking a 27B AI model onto an iPhone
Apple is in talks with the startup shrinking a 27B AI model onto an iPhone

Apple is in early talks with PrismML, a startup that shrinks large AI models to run directly on a phone. The company’s on-device AI pitch could help Apple keep more of Siri’s work off the cloud. PrismML chief executive Babak Hassibi told CNBC that Appl…

Velocity raises $38M to move business money with stablecoins
Velocity raises $38M to move business money with stablecoins

London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds trea…

Zipline is launching healthcare drone delivery with Cleveland Clinic. It hired Tesla and Waymo veterans to scale.
Zipline is launching healthcare drone delivery with Cleveland Clinic. It hired Tesla and Waymo veterans to scale.

Zipline said the number of businesses offering delivery through its app grew 13 times during the first half of 2026. The autonomous drone delivery company has now completed more than 2.5 million commercial deliveries, including one million in the last …

Delaware wants to give AI agents their own legal identity
Delaware wants to give AI agents their own legal identity

Delaware wants to give AI agents something no one has offered them before: a legal identity of their own. The proposed Delaware AIC would let an autonomous system run a company, sign contracts, and face lawsuits in its own name, all inside a supervised…

Paramount says it will take the Warner Bros merger to the Supreme Court if states block the deal
Paramount says it will take the Warner Bros merger to the Supreme Court if states block the deal

Paramount Skydance is still aiming to close its roughly $110 billion acquisition of Warner Bros Discovery by the end of September despite a lawsuit filed by 12 state attorneys general seeking to block the deal on antitrust grounds. Jeffrey Kessler, Par…