Salesforce to acquire AI customer service platform Fin for $3.6B
Salesforce announced it will acquire AI customer service platform Fin for $3.6 billion, a deal expected to close in the final quarter of its 2027 fiscal year.
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Startups & Funding
801 storiesSarvam hits $1.5 billion valuation as India pushes for sovereign AI
Sarvam has raised $234 million at a $1.5 billion valuation, positioning the Indian startup to advance sovereign AI capabilities.
Fox to acquire Roku in $22 billion deal
Fox is acquiring streaming platform Roku in a stock and cash deal valued at around $22 billion, with the transaction expected to close in the first half of 2027.
NewCore raises $66M to secure AI agent identities
NewCore emerged from stealth with $66 million to provide identity and governance for AI agents, which the company believes could soon outnumber human employees.
Orbio raises $21 million to automate frontline worker management
Orbio raised $21 million in Series A funding to deploy AI agents that automate hiring and management processes for frontline workers in industries like retail and healthcare.
Meta begins unwinding $2B Manus acquisition
Meta has begun dismantling its $2 billion acquisition of Manus, complying with a divestiture order issued by Beijing on national security grounds roughly two months ago.
Andrew Yang bets on startups that lower the cost of living
Andrew Yang is launching startups like Noble Mobile to lower consumer costs, arguing that while AI dominates investment, there is a market for essential, affordable services.
Mistral AI reportedly in talks to raise €3 billion
Mistral AI is reportedly in early discussions to raise about €3 billion, a move that would value the French startup at around €20 billion.
Equal AI raises $30M to automate call screening
Equal AI raised $30 million in Series B funding to expand its call-screening assistant, which has more than a million monthly active users in India.
Prometheus raises $12 billion to build physical AI systems
Prometheus, a physical AI startup co-founded by Jeff Bezos, has raised $12 billion at a $41 billion valuation to develop its "artificial general engineer" software.
Endurance Energy raises $54M for ocean-based geothermal power
Endurance Energy raised $54 million to develop technology that eventually plans to harness terawatts of geothermal energy from the ocean floor.
Amazon borrows $17.5 billion following $14 billion bond sale
Amazon has secured roughly $31.5 billion in new financing over roughly 48 hours, including a loan of some $17.5 billion, to fund general corporate purposes.
Warner Music Group acquires AI attribution startup Sureel AI
Warner Music Group is acquiring AI attribution startup Sureel AI to better track how its artists' work is used in AI-generated content and training models.
Jedify raises $24M to build context graphs for AI agents
New York-based Jedify raised $24 million in Series A funding to build a context graph that helps AI agents navigate enterprise data and business relationships.
How Sabertooth Capital bypasses traditional VC funds to back startups
Justin Ernest’s Sabertooth Capital has deployed nearly $500 million across 10 startups using SPVs, offering family offices an alternative to traditional venture capital funds.
Sandstone raises $30M to automate in-house legal workflows
Sandstone raised $30 million in Series A funding to build workflow automation tools specifically for in-house legal teams at small and mid-sized businesses.
Evotrex raises $30M to bring hybrid RVs to market
Evotrex has raised $30 million in Series A funding to support its plans to build and sell hybrid RV travel trailers, targeting 1,000 units annually.
Waymo acquires Arizona proving ground from Apple for $220 million
Waymo has acquired a 5,500-acre Arizona proving ground from an Apple-linked shell company for $220 million to expand its autonomous vehicle testing capabilities.
Supabase valuation doubles to $10B on AI-driven growth
Supabase raised a $500 million Series F round at a $10 billion pre-money valuation, bringing its total valuation to about $10.5 billion amid rapid AI-driven growth.
StrictlyVC Los Angeles to host defense tech and AI leaders on June 18
StrictlyVC Los Angeles will convene investors and founders on June 18 at The Aerospace Corporation Campus to discuss defense technology, AI, and venture capital trends.