Fintech startup Parker files for bankruptcy

Parker, a well-funded startup offering corporate credit cards and banking services, has filed for bankruptcy and is widely reported to have shut down.

Nvidia has already committed $40B to equity AI deals this year

Nvidia continues to be a big investor in the AI ecosystem.

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Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B

The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion.

Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%

The company made a series of other announcements during earnings, including a new commercial contract, a pilot program in Canada, and a collaboration.

Voi founders’ new AI startup Pit has become the latest rising star out of Stockholm

AI startup Pit is led by the cofounders of European scooter giant Voi and backed by a16z, which is leading the startup’s $16 million seed round.

Gusto hits $1B revenue, a figure that brings it closer to public markets

Gusto has shared an impressive milestone on its actual revenue, not an ARR number that estimates future income.

Could Lovable’s automatic 10% pay raise be the cure for toxic cultures?

Stockholm-based vibe coding platform Lovable it is offering employees an automatic 10% raise as a way to sidestep classic corporate politics.

Kalshi doubles valuation in 5 months, hitting $22B

Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue.