Crunchbase News (2 hours ago)
Enterprise AI companies relying on armies of forward deployed engineers are disguising labor-intensive services as scalable software, inflating recurring revenue and valuations while falling short of autonomy claims, argues Anurag Gurtu, co-founder and CEO of Airrived.
Read the full story on Crunchbase News.
Claims that Uber misled TfL over its licence were thrown out because they were brought too late.
Tenstorrent, the AI chip company run by Jim Keller, has closed a $1.5bn Series E round at a $6.2bn post-money valuation, it announced on Monday. Trace Capital and Innovation X led the round. New and existing investors also took part.
Some investors are pushing back on the roughly $30bn valuation that British AI cloud company Nscale is seeking in its planned New York listing, Bloomberg reported on Sunday. A valuation of $16bn to $19bn would be more likely to attract buyers, a group of investors told Bloomberg.
A continued boom in late-stage and growth funding combined with a surge in seed-stage funding helped buoy venture investment in Latin America for the third quarter of 2026, Crunchbase data shows.
Norway’s Bulk Infrastructure Group wants a Canadian partner to own most of a planned subsea cable between Europe and Canada. The cable would avoid the US. Bulk’s founder, Peder Nærbø, set out the plan to Bloomberg on Monday.
Opaque Systems has developed technology that lets AI systems use sensitive data while keeping it protected by the underlying hardware.
Startup investors aren’t exactly hitting pause, but they did scale back on giant rounds this past week, with just two startup financings in the multiple hundreds of millions.
Overall, investors put $38.5 billion into reported seed- through growth-stage financings for Asian startups in Q3, per Crunchbase data. Of that, a majority went to AI-focused companies, echoing the trends we’ve seen globally.
As AI enables smaller, faster teams, companies should hire curious, adaptable people who challenge established practices and can be trusted to make independent decisions, according to guest author Eric Francia, who writes that giving employees real responsibility, encouraging questions and…
For the third quarter of 2026, global cybersecurity- and privacy-focused startups pulled in a total of $6.8 billion, per Crunchbase data. That’s up about 50% from the prior quarter and tied for the highest quarterly tally in years.
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