Cognition's $48B valuation signals AI agent startups' $1B+ unicorn surge
AI agent startups like Cognition, Sierra, and Harvey attract massive investments, with one in five unicorns now in the space.
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California's $366B VC boom leaves 86% to AI giants, starving disruptors
California's $366B VC funding surge favors AI giants like Anthropic and OpenAI, leaving smaller startups like Sierra and Faivelo underserved.
SoftBank's $65B OpenAI bet reshapes its $6B loan strategy
SoftBank Group commits $65B to OpenAI, trims $6B loan, and launches AI agent service in Japan.
Mercor's $2B revenue leap in 4 months exposes AI's unprecedented growth
Mercor and Anthropic report record revenue growth, with Mercor hitting $2B in 4 months and Anthropic reaching $47B in run-rate revenue.