Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion – almost double that of the previous year.$6.6 billion The valuation the company achieved last December, investigation and report submitted. Menlo Ventures, a firm that announced its latest 3 billion dollar fund It is expected to lead…
When it comes to achieving artificial general intelligence (AGI), large language models don’t have what it takes. Models like ChatGPT and Cloud are great at text, but they are less adept at understanding how things actually move through space and time – an essential skill for generating generalized intelligence. It turns out that this gap…
Crypto VC firm Paradigm has raised $1.2 billion – its third venture fund and fourth overall – with the aim of investing across the “tech frontier,” says the firm’s founder Matt Huang. announced Wednesday. For Paradigm, the technological frontier will extend beyond its cryptocurrency investing roots. The fund is expected to expand its investment focus…
Vermillion Cliffs Ventures announced the closing of a $25 million Fund II on Wednesday. The firm was founded in 2023 by operator-turned-investor Ashley Smith, who runs it as one of the few solo female GPs in venture capital. Speaking to TechCrunch, Smith said the fund will continue the firm’s thesis of supporting tech founders, particularly…
Apple signs $30 billion+ multiyear deal deal With Broadcom to design and produce more than 15 billion US-made custom wireless connectivity chips for Apple products. As part of the deal, Apple will make $1.5 billion in capital expenditure investments to help expand Broadcom’s manufacturing facility in Fort Collins, Colorado. The collaboration builds on Apple’s existing…
AI law startup Norm on Tuesday Said It has raised $120 million in a Series C funding round led by Khosla Ventures, valuing the nearly three-year-old startup at $1.2 billion. Norm has created an AI-native law firm, called Norm Law, which uses the company’s own AI agents, hires human lawyers to supervise them, and provide…
Chemistry Ventures, VC firm launched two years ago Bessemer is raising $500 million for its second fund, led by Index Ventures and Andreessen Horowitz alumni. According to the SEC filing. Founded by Mark Goldberg, Ethan Kurzweil, and Christina Shen, Chemistry launched with $350 million in funding and invests in early-stage startups building AI, including infrastructure…
Figma is trying to become more than a design platform by adding more AI and bringing the coding and prototyping layer closer to its canvas. Toward this end, it has acquired the team behind the Vibe-coding and AI agent platform bud (formerly Orchid). Kevin Lu, CEO of Bud, said, “Figma is one of, if not…
Google is preparing for its Made by Google launch event, which is set to take place on August 12 in New York City, it was announced on Tuesday. We are expecting this event to be a short one stingy Compared to last year, which included Jimmy Fallon and other celebrities including Stephen Curry and the…
Apple reportedly plans to release several new iPad Pros and a new MacBook Pro in the first half of next year. The company is currently working on four models of new tablets with faster chips, Bloomberg informed. The outlet writes that it is also developing a new “entry-level” MacBook Pro, internally called the K104. The…
