Category: Startups

xAI will be dissolved as a separate company. It will become part of SpaceX — Mask The artificial intelligence company xAI will cease to exist as a separate organization.  This was announced by Ilon Mask on the social network X. Instead, xAI will be transformed into the SpaceXAI division, which

Anthropic vs European AI Powered by WPeMatico https://sifted.eu/articles/anthropic-vs-european-ai-podcast

Fidelity quietly shuts down VC arm, sources say Powered by WPeMatico https://sifted.eu/articles/fidelity-shuts-down-vc-arm

DeepL cuts 250 jobs in push to stay ahead in AI race Powered by WPeMatico https://sifted.eu/articles/deepl-cuts-250-jobs

A16z leads $16m seed round in Voi cofounder’s new AI startup Pit Powered by WPeMatico https://sifted.eu/articles/a16z-leads-16m-seed-in-voi-cofounders-new-ai-startup-pit

Quantum Motion raises $160m Series C as quantum sector heats up Powered by WPeMatico https://sifted.eu/articles/quantum-motion-series-c

Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37% The company made a series of other announcements during earnings, including a new commercial contract, a pilot program in Canada, and a collaboration. Powered by WPeMatico https://techcrunch.com/2026/05/07/kodiak-ai-raises-100m-at-a-steep-discount-sending-its-stock-tumbling-37/

OpenAI launches new voice intelligence features in its API The new features could be handy for customer service systems, but OpenAI says they have applications that work across a variety of other fields, including education and creator platforms. Powered by WPeMatico https://techcrunch.com/2026/05/07/openai-launches-new-voice-intelligence-features-in-its-api/

Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion. Powered by WPeMatico https://techcrunch.com/2026/05/07/ramp-in-talks-to-hit-40b-valuation-6-months-after-reaching-32b/

Disney looking to make a unified ‘super app,’ report says Disney CEO Josh D’Amaro, who took over for Bob Iger earlier this year, has emphasized his intent to streamline the Disney experience. Powered by WPeMatico https://techcrunch.com/2026/05/07/disney-looking-to-make-a-unified-super-app-report-says/