Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by …

Venture capitalists have placed increasingly bigger bets on AI startups, investing over half a trillion dollars into the sector over the last five years. But these days, the smartest AI investment might be in energy, according to a report by Sightline Climate. Researchers found that up to 50% of data …

Well, the data is out. AI startups accounted for 41% of the $128 billion in venture dollars raised by companies on Carta last year — a record-high annual share. In a sense, though, we knew that. Investors last year were voracious in deploying capital to AI startups, to the point …

AI scientist, entrepreneur, and investor Rana el Kaliouby is worried that AI could become another “boys’ club” in the tech industry. At the SXSW conference in Austin on Sunday, el Kaliouby shared her view that a lack of diversity in the field could lead to economic disadvantages for women in …

There is a new key term to know as part of this artificial intelligence revolution, at least according to Antonio Gracias, the founder of Valor Equity Partners. While chatting at this year’s Upfront Summit in Los Angeles, he spoke about the term he coined — proentropic — a descriptor for …

Many artificial intelligence startup ideas are still little more than superficial “wrappers” built on top of existing models. But as the AI model makers add more features, investors are wary of startups that could become so easily unnecessary. Case in point: when reviewing more 4,000 applications for the joint AI …

According to Index Ventures Partner Shardul Shah, cybersecurity startup Wiz sits “at the center of three tailwinds: AI, cloud, and security spend. ” Those tailwinds powered what just became the largest venture-backed acquisition in history — Google’s $32 billion deal, finalized after a declined 2024 offer, antitrust review on both …

AI agents are expected to soon start making autonomous purchasing and scheduling decisions on behalf of humans. But Michael Fanous, a UC Berkeley computer science graduate and former machine learning engineer at CareRev, argues that these agents are currently missing a critical piece of the puzzle: the full context required …

When Max Brodeur-Urbas co-founded Gumloop in mid-2023, his vision was to help non-technical employees automate repetitive tasks using AI. At that time, the concept of AI agents was still largely experimental and prone to errors. As AI technology has matured, so has Gumloop’s offering. The company claims that it now …

Robotics company Sunday has raised a new funding round that has valued the company at unicorn status, meaning over $1 billion, it announced on Thursday. Sunday says it has raised $165 million at a $1. 15 billion valuation in a Series B round led by Coatue Management. Other investors in …