Business Expansion

Aerospace

SpaceX in talks to raise funding at $400 billion valuation

SpaceX, the aerospace giant founded by Elon Musk, is reportedly preparing to raise new capital in a move that could push its valuation to around $400 billion. According to Bloomberg, the company is planning to sell new shares to insiders while also conducting a tender offer that would allow employees

Artificial Intelligence (AI)

Mistral is reportedly seeking $1 billion in funding

French artificial intelligence startup Mistral is in advanced discussions to secure up to $1 billion in new equity funding, according to a Bloomberg report citing people familiar with the matter. The potential funding round is said to involve Abu Dhabi’s MGX fund, a $100 billion government-backed initiative focused on

Transportation

Waymo begins robotaxi tests in Philadelphia and NYC

Waymo, Alphabet’s self-driving technology subsidiary, is taking its autonomous vehicle (AV) testing to the Northeast. On Monday, the company kicked off two new “road trips” to Philadelphia and New York City, marking the latest step in its nationwide push to refine its AI driver and eventually expand commercial robotaxi

Cloud Computing

CoreWeave buys Core Scientific in $9 billion stock deal

Cloud infrastructure provider CoreWeave announced Monday its acquisition of Core Scientific, a data center infrastructure company, in a $9 billion all-stock transaction. This move marks one of the largest consolidation efforts in the AI infrastructure space, as demand for compute power continues to skyrocket. With this acquisition, CoreWeave gains access

Military & Defense

Castelion raises $350M to scale hypersonic missiles

Hypersonic weapons startup Castelion is accelerating its mission to reshape the U.S. defense landscape. The company has secured a massive $350 million Series B funding round, led by Lightspeed Venture Partners and Altimeter Capital, according to documents viewed by TechCrunch. This latest funding values Castelion in the billions and

Software Development

AI startup Lovable is raising $150M at a $2B valuation

Swedish AI startup Lovable, a standout in the rapidly growing world of “vibe coding,” is reportedly raising over $150 million in fresh funding at a valuation nearing $2 billion, according to the Financial Times. This marks a dramatic leap from just a few months ago, when the company closed a

Food

China’s top coffee chain takes on Starbucks with first U.S. stores

Luckin Coffee, the Chinese chain that skyrocketed to popularity by outpacing Starbucks in its own strongest international market, is officially entering the U.S. — and it's not being subtle about it. The fast-growing brand launched its first two American stores on Monday in New York City, signaling a

Artificial Intelligence (AI)

xAI raises $10 billion to expand its Grok chatbot

Elon Musk’s artificial intelligence venture, xAI, has secured a massive $10 billion in combined debt and equity financing, according to a statement from Morgan Stanley. The raise—split evenly between secured notes and term loans, and strategic equity investments—is one of the largest ever for an AI startup

Design

Figma files for IPO, aiming to raise $1.5 billion

Figma, the collaborative design software powerhouse, took a major step toward going public on Tuesday by filing its S-1 with the SEC. While the filing stops short of revealing how many shares will be offered or at what price, it provides the most comprehensive look yet into Figma’s financial

Tech Insights

Grammarly acquires AI email app Superhuman

Grammarly has announced its acquisition of Superhuman, a premium email client known for its fast, AI-powered user experience. The strategic deal, unveiled on Tuesday, marks Grammarly’s latest move to expand its AI-driven productivity suite. While financial terms of the acquisition were not disclosed, the implications are significant: Grammarly is

Cybersecurity

Cybersecurity firm Cato Networks raises $359 million

Israeli cybersecurity firm Cato Networks announced it has raised $359 million in a fresh funding round, boosting its valuation to over $4.8 billion. The significant investment underscores growing investor confidence in AI-driven cybersecurity solutions, as companies face an escalating wave of sophisticated digital threats. The round was led by

Retail

Home Depot buys GMS for $4.3 billion to target more home pros

Home Depot has announced a definitive agreement to acquire GMS Inc., a major building products distributor, for approximately $4.3 billion in cash, intensifying its push to serve professional contractors and tradespeople. The acquisition, expected to close by early 2026, will be executed through Home Depot’s SRS Distribution subsidiary,