Justin Ernest Funds $500M in Startups Without Traditional VC Fund
Justin Ernest's firm Sabertooth Capital has invested nearly $500 million into 10 high-profile startups, including Anthropic and SpaceX, through special purpose vehicles.
Business
249 articles
The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
LATEST NEWS
-
-
Google Cuts Google AI Plus Price to $4.99
Google slashed the price of its Google AI Plus subscription to $4.99, doubling storage to 400 gigabytes, as it intensifies competition in the AI market.
-
MANGOS to Replace FAANG as Tech Giants Prepare for IPOs
Tech industry leaders are shifting from FAANG to MANGOS as major companies prepare for IPOs in 2026, according to a viral trend on social media.
-
Cheaper AI Models Gain Traction as Cost Pressures Rise
Cost-conscious model-shopping is reshaping AI economics, with some tasks shifting to cheaper models within 12-18 months, according to Coinbase's Brian Armstrong.
-
Sandstone Raises $30M to Bring AI to In-House Legal Teams
Sandstone secured $30 million in Series A funding to develop AI tools tailored for in-house legal teams, six months after raising $10 million in seed funding.
-
Lovable Hits $500M Annualized Revenue With 1M New Projects Weekly
Lovable, a vibe coding platform, has surpassed $500 million in annualized revenue, with over 1 million new projects created weekly, according to the company.
-
Apple's Siri AI runs on Google servers with privacy promises
Apple confirmed its Siri AI uses Google's Gemini models and Nvidia hardware, while maintaining user privacy claims.
-
Google DeepMind Launches Robotics Accelerator for European Startups
Google DeepMind has selected 15 European robotics startups for a three-month accelerator program to integrate AI into their products.
-
Wipro Explores Hybrid Human-AI Workforce with Ema
Wipro, in partnership with Ema, is integrating agentic AI to cut HR response times from 48 hours to five seconds, boosting productivity by 98%.
-
OpenAI Files Confidentially for IPO Amid AI IPO Race
OpenAI announced it has filed confidentially for an IPO, joining Anthropic in the AI public market race. The filing follows a $122 billion funding round in March.
-
Arcee AI Chooses Hugging Face for Exclusive Model Storage
Arcee AI, a U.S. AI lab, has signed a multi-million dollar partnership with Hugging Face to store all its models and datasets on the Hugging Face Hub.
-
OpenAI Uncertain About Going Public Timing
OpenAI has filed an S-1 registration for a potential IPO, but remains unsure about the timing of its public offering.