New: AI insurance company Corgi has doubled its valuation to $2.6 billion with a $106 million fundraise, just weeks after raising $160 million and becoming a unicorn.
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New: Cursor hit $4 billion in annualized revenue, up from $3 billion in late April. The new figure comes ahead of an expected acquisition by SpaceX after its IPO. With @annatonger.bsky.social www.forbes.com/sites/richar...
Corgi, an AI insurance startup, just raised $160 million at a $1.3 billion valuation. Its employees work 7 days a week, it owns and operates a 24/7 cafe and has a company-owned Corgi named Trudy, which employees walk and feed with the help of an AI bot. www.forbes.com/sites/richar...
Elon Musk’s rocket and AI company is expected to acquire the buzzy AI coding startup shortly after it goes public.
Vercel, the web hosting and deployment company, hit run rate revenue of $340 million at the end of February. And its $300 million funding round in September has made founder Guillermo Rauch a billionaire, worth an estimated $2.1 billion.
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Here’s a fun one: The next big AI dataset is…Google’s garbage. The company is partnering with Mill, which makes a smart trash bin, to train the startup’s AI on food waste from Google’s campus. www.forbes.com/sites/richar...
I chatted with AWS CEO Matt Garman, who says the company is “bullish” on the Middle East, despite recent drone strikes that have damaged data centers. He also touched on the OpenAI deal, hoping it will improve Amazon’s Trainium chips
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This year I’m taking over our Next Billion-Dollar Startups list. We want to highlight the best up-and-comers. If your company’s valuation is under $1B, apply here!
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Richard Nieva
After Cerebras’ long-awaited IPO, CEO Andrew Feldman is now a billionaire worth an estimated $3.4 billion. Check out my story, which involves a secret dance floor and Halloween candy from a Nobel Prize winner. www.forbes.com/sites/richar...
Phoebe Liu
Richard Nieva
Richard Nieva
Richard Nieva
The next-gen chipmaker first filed for its IPO in September 2024. Now, after snags that held up its debut, it’s a public company.
Welcome to the frenzied world of AI, where a two-year-old startup founded by a 26-year-old can have a company-owned dog, run a 24-hour cafe and raise $106 million about a month after becoming a unicor...
New: I chatted with Alexandr Wang and new Scale CEO Jason Droege about the company post-Meta deal. Scale says revenue last year was just shy of $1B, and expects it to top $1B this year. (But Meta will account for nearly half of annual revenue) www.forbes.com/sites/richar...
One of the most popular ways to view the Epstein Files, an interface called Jmail that mimics a Gmail inbox, is hosted on Guillermo Rauch’s $9 billion unicorn Vercel.
Named after the company-owned dog, Corgi embodies the sometimes-absurd San Francisco startup scene. And it just raised $160 million at a $1.3 billion valuation.
For the 12th annual Forbes Next Billion-Dollar Startups list, we’re on the hunt for 25 fast-growing companies most likely to become unicorns — and thrive well beyond that.
The search giant had previously created a machine learning data set out of food scraps from its kitchens. Now it’s partnering with Mill, which makes a high-tech trash bin, to use that data to train it...
Matt Garman, who rose from intern to Amazon Web Services boss, also hopes the company’s recent deal with OpenAI will help improve the e-commerce giant’s Trainium chips.
