search
Startup Fortune
Trends
- 1AMD buys Fei-Fei Li's AI startup for $8.2 billion●AMD acquires startup cofounded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion
AMD has acquired the startup cofounded by Fei-Fei Li, the Stanford AI researcher often called the 'godmother of AI', in a deal valued at $8.2 billion, according to Fortune. The move marks one of the largest AI acquisitions to date and signals AMD's push to deepen its position in artificial intelligence against rivals like Nvidia.
- 2Gen Z founder builds $3.7 billion defense tech startup▼How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia
Fortune profiles a young Gen Z entrepreneur who has built a defense technology startup valued at $3.7 billion, with backing from venture capital giant Sequoia. The story traces how the founder grew the company amid rising investor interest in defense tech. The item highlights the growing trend of young founders winning major funding in the sector.
- 3Blocked from ChatGPT at school, 17-year-old now runs AI startup▼Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users
A 17-year-old high school senior has launched an AI startup that now has around 1,000 users, Fortune reports. The story began when her school blocked ChatGPT, prompting her instead of deterring her from working with the technology. The item highlights how younger entrepreneurs are building AI businesses even as schools restrict access to chatbots over cheating concerns.
- 4Matt Mullenweg ousts board that fired him using supermajority vote▼Matt Mullenweg used his supermajority vote to fire the board that fired him
Matt Mullenweg has used his supermajority voting power to remove the board of directors that had voted to fire him, according to a Fortune report. The move reverses his own dismissal and underlines his controlling stake in the company. The power struggle has drawn attention across the startup and tech community, with observers weighing in on governance implications of a founder able to overrule and dismiss the very board that removed him.
- 5AI designs working chip in two weeks without human help●An AI system designed a working chip in two weeks with no human help below the spec
An AI system has reportedly designed a fully functional computer chip in just two weeks, with no human involvement, and performed below the required specification. The claim, reported by Startup Fortune, points to a milestone in autonomous chip design, a field where AI tools have so far mainly assisted human engineers rather than replacing them. Details about the company, chip type and verification remain sparse, but the story is drawing attention across the semiconductor industry.
- 6
Ethereum co-founder Vitalik Buterin said the network is evolving into a cryptographic world computer, a decentralized platform able to run applications and verify computations globally. The comment, reported by Fortune, frames Ethereum's long-term ambition beyond payments and smart contracts, drawing attention from the crypto and startup communities about the platform's future direction.
- 7Cognition crosses $1 billion in annualized revenue▼Cognition tops $1 billion in annualized revenue as Devin adoption doubles
AI startup Cognition has topped $1 billion in annualized revenue, with adoption of its Devin coding agent doubling, according to a report by Fortune. The milestone places the company among the fastest-growing AI startups, reflecting strong enterprise demand for autonomous software engineering tools and intensifying competition in the AI coding agent market.
- 8Startup DaVoice sues Perplexity AI over wake word technology▼Startup DaVoice sues Perplexity AI over stolen wake word technology
Startup DaVoice has filed a lawsuit against Perplexity AI, alleging the company stole its wake word technology, according to Fortune. The case centres on voice-activation software that lets devices respond to spoken commands. The legal fight adds to growing tensions in the AI industry over intellectual property, as competition among voice-assistant and AI startups intensifies.