#startups

Benchmark's partners admit AI is eroding VC's rule against backing rivals. Khosla Ventures backs both Factory and Cognition, and that feud already went public.

Ramp reportedly raised $1.85B at a $60B valuation, up from $44B in June. Its old rival Brex sold to Capital One for $5.15B. Same market, roughly a 12x gap.

OpenAI has confidentially filed an S-1, a step toward a listing reported to target up to $1 trillion. The catch: on an adjusted basis it lost $1.22 for every dollar of revenue in Q1 2026.

Israeli AI startup Decart just raised $300M to let developers run models on any chip. NVIDIA joined the round — because sometimes you have to bet on your own disruption.

All 11 of xAI's co-founders have now left. More than 50 researchers and engineers followed. Here's how a $250B AI lab is being hollowed out from the inside.

Recursive Superintelligence just raised $650M to build AI that autonomously rewrites itself. Here's why this is the most consequential bet in tech right now.