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Business Tech

Home - Business Tech

Apple’s $5.7 Billion Haptics Verdict Is a Record Built to Be Appealed
Posted inBusiness Tech

Apple’s $5.7 Billion Haptics Verdict Is a Record Built to Be Appealed

Yesterday at about 1:15 in the afternoon Pacific time, a federal jury in San Diego handed down the largest patent verdict in US history, $5,721,961,750, against Apple over the haptics…
Posted by Mark Grantt September 27, 2026
Snorkel AI Just Became a $3.5B Data Factory With a Human Problem
Posted inBusiness Tech

Snorkel AI Just Became a $3.5B Data Factory With a Human Problem

Snorkel AI closed a $350 million Series E on Tuesday at a $3.5 billion valuation, nearly triple the $1.3 billion it carried in May 2025. The number is the story…
Posted by Mark Grantt September 23, 2026
Crusoe’s $30.9 Billion Valuation Is a Bet on Electrons, Not Chips
Posted inBusiness Tech

Crusoe’s $30.9 Billion Valuation Is a Bet on Electrons, Not Chips

Crusoe closed a $3.9 billion Series F on September 17 at a $30.9 billion post-money valuation, and the easy take is that another AI data center giant just got richer.…
Posted by Mark Grantt September 19, 2026
YC’s Buzziest Demo Day Startup Wants to Float Nuclear Data Centers at Sea
Posted inBusiness Tech

YC’s Buzziest Demo Day Startup Wants to Float Nuclear Data Centers at Sea

Y Combinator's Summer 2026 Demo Day wrapped in San Francisco on Thursday with roughly 200 companies pitching, and the startup investors kept circling back to doesn't ship an app. Atomarine…
Posted by Mark Grantt September 14, 2026
Anthropic’s Alignment Lead Admitted There’s No Plan for Superintelligence
Posted inBusiness Tech

Anthropic’s Alignment Lead Admitted There’s No Plan for Superintelligence

Jacob Coxon lasted about two months at Anthropic. He joined the lab in July, drawn by the safety reputation that separates it from OpenAI in the public mind, and this…
Posted by Mark Grantt September 10, 2026
Wonderful’s $5B Series C Is a Wager on Forward-Deployed Engineers
Posted inBusiness Tech

Wonderful’s $5B Series C Is a Wager on Forward-Deployed Engineers

Wonderful closed a $550 million Series C this week at a $5 billion valuation, and the raw numbers do most of the talking. Four priced rounds in roughly fourteen months.…
Posted by Mark Grantt September 6, 2026
OpenAI’s $1 Billion Ad Business Is Growing Faster Than Its Numbers Can Prove
Posted inBusiness Tech

OpenAI’s $1 Billion Ad Business Is Growing Faster Than Its Numbers Can Prove

OpenAI says ChatGPT Ads crossed a $1 billion annualized revenue run rate on Monday, fewer than 200 days after the US pilot launched in early February. Google needed roughly four…
Posted by Mark Grantt September 2, 2026
Nvidia’s $12.9 Billion Hugging Face Bid Buys the Store, Not the Shelves
Posted inBusiness Tech

Nvidia’s $12.9 Billion Hugging Face Bid Buys the Store, Not the Shelves

Nvidia agreeing to pay $12.9 billion for a company with roughly $150 million in annualized revenue is either the wildest multiple in tech history or the cheapest strategic insurance ever…
Posted by Mark Grantt August 29, 2026
Oura’s $16B IPO Rests on a $5.99 Monthly Habit
Posted inBusiness Tech

Oura’s $16B IPO Rests on a $5.99 Monthly Habit

If you want to understand Oura's march toward a $16 billion valuation, don't start with the ring. Start with the calendar. Inside a single week, the company launched the Ring…
Posted by Mark Grantt August 25, 2026
Unitree’s 542% IPO Surge Prices a Robot Future That Hasn’t Arrived Yet
Posted inBusiness Tech

Unitree’s 542% IPO Surge Prices a Robot Future That Hasn’t Arrived Yet

On August 19, 2026, Unitree Robotics opened on Shanghai's STAR Market and promptly went vertical. The Hangzhou-based maker of backflipping humanoids and robot dogs saw its shares spike as much…
Posted by Mark Grantt August 21, 2026
Thrive Holdings Just Raised $2 Billion to Buy the Enterprise, Not Sell to It
Posted inBusiness Tech

Thrive Holdings Just Raised $2 Billion to Buy the Enterprise, Not Sell to It

Everyone is talking about the $2 billion. SoftBank, D1 Capital, Altimeter, a $12 billion valuation. But the number that actually matters is seventy. Thrive Holdings already owns and operates more…
Posted by Mark Grantt August 17, 2026
Lovable at $13.3B Is Not a Code Editor. It Is a Power Shift.
Posted inBusiness Tech

Lovable at $13.3B Is Not a Code Editor. It Is a Power Shift.

Another day, another nine-figure AI round. Except this one doubles a valuation in eight months flat. Lovable closed a $400 million Series C at a $13.3 billion post-money valuation, led…
Posted by Mark Grantt August 13, 2026
OpenAI Bought NextSlide Quietly. What It Really Wants Is the Team, Not the Decks.
Posted inBusiness Tech

OpenAI Bought NextSlide Quietly. What It Really Wants Is the Team, Not the Decks.

When NextSlide founder Ahmed Beshry finally posted on the company site that his company had been acquired by OpenAI, he admitted the announcement was "a few months late." The deal…
Posted by Mark Grantt August 9, 2026
SpaceX Doubled Revenue and Wall Street Still Doesn’t Understand What It Bought
Posted inBusiness Tech

SpaceX Doubled Revenue and Wall Street Still Doesn’t Understand What It Bought

SpaceX posted $7.8 billion in Q2 revenue last night, a 92% jump from the same quarter last year, and its first set of public earnings since the IPO. The headlines…
Posted by Mark Grantt August 5, 2026
Okta’s $200M Permiso Acquisition Admits the Real Threat Is Already Inside
Posted inBusiness Tech

Okta’s $200M Permiso Acquisition Admits the Real Threat Is Already Inside

Okta built its empire on the front door. For years, the company’s value proposition was simple: manage who gets access to what, and make that login experience as smooth as…
Posted by Mark Grantt August 1, 2026
Elon Musk is now the world’s richest man
Posted inBusiness Tech

Elon Musk is now the world’s richest man

Elon Musk the South African-born entrepreneur has surpassed Amazon.com CEO Jeff Bezos to become the richest person on the planet. Musk is currently the CEO of electric carmaker Tesla as…
Posted by Mark Grantt January 9, 2021
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