Startups

The $15 billion ad-powered AI startup your doctor may already be using

Ars Technica Oct 21, 2026, 6:14 PM (4 hours ago)

OpenEvidence is booming despite questions about accuracy and ads.

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Startups

Meta ordered to pay $25 billion in penalties over the Cambridge Analytica scandal

The Cambridge Analytica scandal has come back to haunt Meta after a New Mexico judge ordered it to pay $25 billion in penalties for more than 43 million violations of the state’s unfair practices law.

The Verge 16 minutes ago

Startups

Legal AI startup Legora raises $550M Series E at $8.8B valuation

Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion.

TechCrunch 27 minutes ago

Startups

AI lab Flapping Airplanes is now worth $6B, four times its January value

Flapping Airplanes, a San Francisco AI research lab founded in late 2025, has raised $1B at a $6B valuation, led by Index Ventures and Lux Capital, Bloomberg reported. Its valuation has quadrupled since January. It is working on ways to train AI with less data and compute, and has no product yet.

The Next Web 1 hour ago

Startups

BioWare is closing down and Mass Effect 5 is cancelled, months after Saudi Arabia’s $55bn EA buyout

After over three decades of iconic RPGs, developer BioWare is closing down and its in-development Mass Effect game is no more. The move comes just months after corporate owner EA was bought out by a group of investment firms for $55 billion.

Eurogamer 1 hour ago

Startups

Blacksmith hits unicorn valuation after Sequoia leads Series C

Blacksmith, a platform that lets companies build and test AI code more effectively, just announced a $66 million Series C round led by Sequoia that values the company at $1 billion.

TechCrunch 2 hours ago

Startups

Photon Bridge raises €10M to mass-produce lasers for AI data centres

Eindhoven-based Photon Bridge has raised €10M, co-led by the Amadeus APEX Technology Fund and 360 Capital, to build laser light sources for the optical links inside AI data centres. It plans first samples in 2027 and volume production from 2028.

The Next Web 2 hours ago