Cover Genius has acquired Friendsurance, the Berlin company that invented peer-to-peer insurance. The deal took effect immediately, and neither side disclosed a price. Friendsurance built its name on a simple idea. Small groups of policyholders pool to…
A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the venture arm of the European Bank for Reconstruction …
Roku has raised prices on its entire US streaming hardware lineup, with increases ranging from $10 to $50 per device, as the global memory shortage driven by AI data centre demand reaches a product category that had been one of the last bastions of aff…
Waymo has notified Uber that it plans to launch its own app in Austin and Atlanta in January 2028, ending the exclusivity arrangement that has kept its robotaxis available only through Uber in both cities. An Uber spokesperson confirmed the notice to C…
Millions now choose products through ChatGPT, Gemini, and Perplexity, and Google AI Overviews appear in nearly half of all search queries. According to Muck Rack, 84% of AI citations come from media outlets, the same outlets where SEO specialists have …
Stripe wants a foothold in AI, and it is willing to pay dearly for it. The payments company is in talks to buy OpenRouter for about $10 billion, the Wall Street Journal reported. That is a staggering price for a startup valued at just $1.3 billion in M…
World Foundation has raised $52 million through a locked token sale to expand the reach of World ID, its iris-scan-based system for proving someone is a real human online. Pantera Capital led the initial close, joined by Bain Capital Crypto, Eightco Ho…
Patreon is cutting a fifth of its staff. Its founder wants you to know it is not because of AI. On Thursday the creator-payments company laid off 93 people, about 20% of its workforce, as 404 Media first reported. Chief executive Jack Conte called the …
Silicon Valley does not usually gang up on its own. This week it did. Nearly 200 US startups have urged the Trump administration not to block American access to Chinese open-weight AI models. A ban, they warn, would gut the next wave of US companies. T…
Gravis Robotics, an ETH Zurich spinout, fits autonomy kits to excavators. A tie-up would extend Masayoshi Son’s robotics buying spree from the factory floor to the building site. SoftBank is weighing a deal for Gravis Robotics, a Swiss startup that fit…