Venture Chronicles

07/01/2025

Levelpath, a procurement software startup founded by the duo behind Scout RFP, has raised $55 million in Series B funding led by Battery Ventures as the company looks to quadruple its revenue this year.

The investment signals confidence in Levelpath's fast growth and its potential to disrupt a market dominated by legacy players.

06/24/2025

Wall Street's main indexes opened higher on Tuesday as President Donald Trump announced a ceasefire between Israel and Iran, calming investor nerves after the 12-day conflict hurt global risk assets and fanned inflation concerns.

06/23/2025

Cidara Therapeutics (CDTX) stock doubled on Monday after the company presented a promising update for its universal flu shot.

The midstage study hit all its goals, representing a "best case" scenario.

06/17/2025

Particularly in this dawning era of generative AI, cloud costs are at an all-time high. But that’s not merely because enterprises are using more compute — they’re not using it efficiently.

Akamai needed a Kubernetes automation platform that optimized the costs of running its core infrastructure in real time on several clouds.

06/16/2025

India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029.

India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to

06/09/2025

The IPO market is heating up as high-profile companies move ahead with their stock market listings in a calmer period after tariff-related volatility stifled deal activity earlier this year.

Cancer diagnostic firm Caris Life Sciences said on Monday it is targeting a valuation of up to $5.35 billion in its initial public offering in the United States.

06/04/2025

On the stock market today, CoreWeave stock hit an intraday high of 144.80. In midday trading, shares were up nearly 19% at 143.10.

CoreWeave stock popped to a new all-time high on Tuesday. Nvidia-backed CoreWeave on Monday signed a long-term data center leasing deal with Applied Digital.

05/27/2025

Nvidia finds itself making yet another calculated move to stay relevant in China’s lucrative AI market.

Nvidia launches budget Blackwell AI chip for China at $6,500-$8,000 to bypass US export restrictions

05/23/2025

“We fully intend that Gemini will be the very first AGI,” said Google co-founder Sergey Brin, who made a surprise, unscheduled appearance at what was originally planned as a solo fireside chat with Demis Hassabis, CEO of DeepMind, Google’s AI research powerhouse.

Google co-founder Sergey Brin makes surprise appearance at Google I/O, declaring "Gemini will be the very first AGI," revealing philosophical tensions with DeepMind CEO Hassabis who urges scientific caution in the high-stakes AI race.

05/22/2025

Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period.

Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another $200 million into its coffers through

05/20/2025

Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said.

05/13/2025

Sometimes, fast and correct answers are absolutely crucial, such as when a CT scan is needed to interpret a stroke.

AI has become a tool that more and more people are using to create both text and images. But AI can also help a pressured healthcare system.