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.
Traversal has raised $120 million in funding to help companies like American Express and Pepsi troubleshoot site outages.
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.
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.
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.
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.
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.
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.
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.
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.
The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.