AI Startups Are Borrowing Billions to Avoid Selling Equity—And the Loans Are Getting Bigger
Late-stage venture debt hit a decade high in Q1 2026 with $10.8M median deals. AI companies burning cash fast are turning to lenders instead of investors…
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Late-stage venture debt hit a decade high in Q1 2026 with $10.8M median deals. AI companies burning cash fast are turning to lenders instead of investors…
VCs funneled $18.8 billion into AI startups founded since 2025, as top researchers exit Meta, Google, and OpenAI. Ineffable Intelligence, AMI Labs, and Ricursive Intelligence lead…
Former DeepMind researcher David Silver raised $1.1B for Ineffable Intelligence at a $5.1B valuation. His bet: reinforcement learning beats the LLM data treadmill — and he'll…
OpenAI missed 1B weekly user and revenue goals. CFO Friar warned the company can't afford its compute contracts without faster growth. SoftBank fell 11.3%.
Google commits up to $40B in Anthropic at $350B valuation—$10B now, $30B on milestones. The deal locks 5 GW of TPU compute, tying cloud revenue to…
OpenAI can now deploy on any cloud after renegotiating its Microsoft deal. The AGI clause is dead, revenue share is capped, and $250B in Azure spending…
DeepSeek V4 Pro shipped 12 hours after GPT-5.5 at 2% of the price, on Huawei silicon, with a 1.5-billion-token "distillation corpus" Washington calls industrial-scale theft. The…
Meta struck a deal with AWS to deploy hundreds of thousands of Graviton chips for agentic AI workloads. The agreement gives Meta access to Amazon's custom-designed…
Tens of thousands of Samsung Electronics workers rallied in South Korea demanding a larger share of AI profits. Union members cite competitor SK hynix offering employees…
Microsoft and Meta are cutting nearly 25,000 jobs combined while promising 'efficiency.' Anthropic research shows AI makes workers work more, not better.