Meesho’s public market debut was a smash hit, with shares soaring 46% from the issue price. The Indian e-commerce platform, built for small merchants and value-focused shoppers, is now valued at nearly $8.7 billion.
A brand-new AI chip startup, Unconventional AI, just landed $475 million in seed funding, valuing the company at $4.5 billion after only two months of existence. The round was led by Andreesen Horowitz and Lightspeed and includes Jeff Bezos. The company is betting on brain-inspired, analog neuromorp
Evertrust, a profitable French cybersecurity firm, just secured €10 million in Series A funding from US VC Elephant. The company is one of only four global vendors with a unified PKI and CLM platform, and it’s planning a major European expansion.
A new startup called Casera is spinning out of Pioneer Square Labs to tackle hospital bottlenecks. Its AI software aims to automate the work of case managers, chasing down tasks like insurance approvals to get patients home faster.
The European Commission has been hit with a massive €120 million fine by X for deceptive ad practices. In a dramatic escalation, Elon Musk then terminated the EU’s own advertising account on the social network.
Planning for 2026 feels impossible with today’s uncertainty over tariffs, rates, and inflation. Three founders explain how they’re building flexible roadmaps and focusing on what they can control.
Bank of America is doubling down on Carvana, significantly raising its price target following the company’s upcoming inclusion in the S&P 500 index. The analyst sees continued growth and potential to overtake CarMax in unit sales by 2026. Shares have nearly doubled in 2024.
Two massive tech and media stories broke. Apple’s silicon architect Johny Srouji is reportedly mulling an exit, potentially for the CTO role. Separately, Netflix is said to be pursuing an $82 billion acquisition of Warner Bros. Discovery.
According to a report from Fortune, SpaceX is discussing a new tender offer that would value the company between $750 billion and $800 billion. This would shatter the previous record for a private company, set by OpenAI at $500 billion, and marks a near-doubling of SpaceX’s own valuation from just J
SpaceX is reportedly in talks for a secondary share sale that would value the company at a staggering $800 billion. This would double its recent valuation and make Elon Musk’s rocket firm the most valuable private company in the U.S., surpassing OpenAI.
