Staff writer @Forbes covering tech and artificial intelligence. I write The Prompt, a newsletter on all things AI. Tips: [email protected] or Signal: rashis.17.
Rashi Shrivastava
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EliseAI started building AI tools back when it wasn't cool. Today it's AI answers phones, responds emails and manages systems for 90% of the largest residential communities in the country. The startup has crossed $200 million in ARR.
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Excited to reveal the 2026 Forbes AI 50 List, which spotlights the most promising privately-held AI companies in the world.
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Scoop: Home battery startup Base Power, founded by Zach Dell, son of billionaire Michael Dell, is in talks to raise around $1 billion at a $12 billion valuation, sources told Forbes. With @annatonger.bsky.social and @iainmartin.bsky.social.
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“It’s like these alien intelligences have crash landed on earth and they're incredibly smart, but nobody knows how they work,” says Eric Ho, CEO of $1.25 billion startup Goodfire, which has built tools that allow researchers to peek under the hood of AI models.
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NEW: Scribe develops AI software that records employees while they work to help businesses find inefficiencies and workflows for automation. The $1.3 billion startup crossed $100 million in ARR, the company tells Forbes.
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AI music startup Suno is battling record labels and angry artists as it upends how millions of people create songs. It's become smash-hit success with some $150 million in estimated 2025 revenue, as the tide starts to turn in its favor.
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Every major frontier lab including OpenAI, Anthropic and Google DeepMind uses Gray Swan's software to pressure test its AI models. Now Gray Swan has raised $40 million at a $200 million valuation to sell to large enterprise.
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Tim Cook to step down as Apple CEO in September; hardware veteran John Ternus to take the helm. Ternus faces an immediate challenge: fixing Apple’s lagging AI strategy as the company trails rivals in the generative AI race.
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Another day. Another neolab fundraise. xAI cofounder Igor Babuschkin is in talks to raise up to $1 billion at an up to $5 billion valuation for a new AI startup, sources tell Forbes.
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Mercor reached $1 billion in annualized revenue run rate earlier this year. Run by the youngest-ever self made billionaires, the startup is facing a wave of challenges: employee fraud, North Korean infiltration and cultural growing pains.
With Anna Tong.
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The Forbes 2026 AI 50 List spotlights the most promising artificial intelligence businesses. See the leaders driving the future of AI.
Helmed by billionaire Michael Dell’s Son, Base Power is manufacturing its own home batteries to provide back up electricity in regions where the grid fails to serve people reliably.
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 futu...
www.forbes.com
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.
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.
www.forbes.com
John Ternus, the tech giant’s freshly appointed CEO, has been a central figure inside the company, leading multiple product launches. Next up: helping Apple find its footing in the AI age.
He’s the latest superstar AI researcher to take advantage of the wave of investment dollars going into so-called ‘neolabs,’ which have no product or revenue.
www.forbes.com
Founded in 2023 by 20-somethings, data labeling startup Mercor exploded to $1 billion in annualized revenue run rate earlier this year. Now it's confronting a wave of challenges, including an employee...
The music AI startup is battling record labels and angry artists as it upends how millions of people create songs. Now, some of its critics are starting to get on board.
