Skip to content
  • News
  • Events
  • Lists
  • Life
  • Magazine
  • 30 Under 30
  • Sign-in
  • Subscribe

Rashi Shrivastava, Forbes Staff

Traversal cofounders Anish Agarwal, Raj Agrawal, Raaz Dwivedi and Ahmed Lone

The billion-dollar business of fixing what AI builds

Traversal has raised $120 million in funding to help companies like American Express and Pepsi troubleshoot site outages.

  • By Rashi Shrivastava
A man with curly dark hair and glasses, in a navy pinstripe jacket and white shirt, leaning on a black reflective table

Inside Silicon Valley’s love-hate relationship with Anthropic

Startups rely on Anthropic to offer the best AI capabilities to their own customers. But they’re often walking a tightrope, wary that the 800-pound gorilla will dictate the terms of million-dollar contracts and could cut into their market with competitive products.

  • By Rashi Shrivastava

Anthropic relies on Claude to build Claude. Why that’s risky

Anthropic is increasingly using its own AI to build future models. That’s both a competitive game-changer and a serious risk as the company heads toward an IPO, according to its newly released S-1 filing.

  • By Rashi Shrivastava

Inside the mega-deals behind Europe’s AI billionaire boom

A spate of AI fundraising deals has made way for a new wave of young European billionaires. Meet the sweet 16 whose fortunes got big boosts of late.

  • By Rashi Shrivastava

Asides

Why this startup is strapping cameras to housekeepers’ heads in India

Twenty-four-year-old founder Anjali Sardana wants to give domestic workers in India a share in the AI gold rush by sending them into people’s homes to collect training data for U.S. AI companies.

  • By Rashi Shrivastava

This AI startup’s army of 15,000 hackers pressure test Claude, GPT-5 and Gemini

Gray Swan works with every major frontier AI lab. Now it’s raised $40 million as it expands to sell security tools to enterprises building AI agents.

  • By Rashi Shrivastava

We have no clue what goes on inside AI’s brain. This $1.25 billion startup is trying to find out.

Founded in 2024, Goodfire is trying to fix AI’s black box problem — increasingly important as AI systems take on high-stakes tasks in cybersecurity and finance.

  • By Rashi Shrivastava

This $1.3 billion AI startup’s software watches employees as they work

Cofounded in 2019 by former consultant Jennifer Smith, Scribe’s software helps hundreds of thousands of companies record what their employees do so AI agents can take over repetitive tasks in the future.

  • By Rashi Shrivastava

Racist videos and payment problems: The dark side of this AI startup’s super-fast growth

Influencer marketing helped AI video company Higgsfield hit $300 million in annual revenue run rate in just 11 months. But misleading marketing tactics and a shock-based social media strategy has led to backlash.

  • By Rashi Shrivastava
Cursor cofounders Aman Sanger, Arvid Lunnemark, Sualeh Asif and Michael Truell (left to right) met at MIT and decided to build Cursor, an AI coding tool that's now valued at $29.3 billion. The cofounders are newly minted billionaires thanks to its latest fundraise, according to Forbes estimates.

Four cofounders of popular AI coding tool Cursor are now billionaires

The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.

  • By Rashi Shrivastava
1 2 3 4 Older Posts
We use cookies to help us to deliver our services and provide personalised experiences. By using this website you agree to use our cookies. Cookie Policy

The best of Forbes, delivered to your inbox

I accept Forbes Australia's Terms and Privacy Policy

All set

Please check your inbox to confirm your subscription. Welcome to the Forbes community

 

  • Sections
    • News
    • Events
    • Lists
    • Life
  • Company
    • About us
    • Contact us
    • Careers
    • Advertise with Forbes Australia
    • Media
    • FAQ
  • Explore
    • Billionaires
    • Entrepreneurs
    • Innovation
    • Leadership
Social
  • Facebook
  • LinkedIn
  • Instagram
  • Twitter
  • YouTube

Magazines covers

Get the magazine delivered with a Premium membership, find it at all good newsagents, or purchase previous issues online.

© 2026 Success Publishing Pty Ltd including content reproduced under license from Forbes IP (HK) LTD. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • News
  • Events
  • Lists
  • Life
  • Magazine
  • 30 Under 30
  • Sign-in
  • Subscribe