26 h. ago Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR

Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by a returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel and DST Global. The massive round is Anysphere’s third fundraise in less than a year. The three-year-old startup secured its […]

Politics

26 h. ago Circle IPO soars giving hope to more startups waiting to go public

Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid […]

Technology

27 h. ago Immigrants fearful as ICE nabs at least 15 in S.F. — including toddler

Immigrants fearful as ICE nabs at least 15 in S.F. — including toddler  Mission Local

Events

32 h. ago Anduril raises $2.5B at $30.5B valuation led by Founders Fund

Defense tech startup Anduril raised $2.5 billion in a round that included a $1 billion investment from lead backer Founders Fund.

Economics

36 h. ago United States Clinical Laboratory Services Market is Poised to Reach Valuation of US$ 144.3 Billion By 2033 | Astute Analytica

United States Clinical Laboratory Services Market is Poised to Reach Valuation of US$ 144.3 Billion By 2033 | Astute Analytica  Yahoo Finance

Economics

40 h. ago Profitable African fintech PalmPay is in talks to raise as much as $100M

PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy […]

Economics

41 h. ago Trump proposes policies that would increase the soaring national debt

Trump proposes policies that would increase the soaring national debt  The Washington Post

Politics

54 h. ago Fears of soaring debt and unregulated AI put Trump megabill at risk

Fears of soaring debt and unregulated AI put Trump megabill at risk  Los Angeles Times

Politics

55 h. ago Alaska’s reputation soars as nation backs resource development and energy future, new survey shows

Alaska’s reputation soars as nation backs resource development and energy future, new survey shows  Must Read Alaska

Politics

59 h. ago Bolttech closes Series C at $147M with a $2.1B valuation to bolster its embedded insurance offerings

Singapore-based embedded insurance startup Bolttech has closed a $147 million Series C round of funding at a $2.1 billion valuation.

Politics

3 d. ago San Francisco Police Nab Notorious Shoplifter Under New Theft Law, Faces Multiple Felony Charges

San Francisco Police Nab Notorious Shoplifter Under New Theft Law, Faces Multiple Felony Charges  Hoodline

Events

3 d. ago Irish fintech NomuPay lands $40M at a $290M valuation from SoftBank

As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants […]

Economics

4 d. ago Daily Digest: Chime's valuation falls with IPO, Longtime S.F. diner shutters

Daily Digest: Chime's valuation falls with IPO, Longtime S.F. diner shutters  The Business Journals

Politics

4 d. ago Trump's 50% steel tariff could see prices tank in Europe — and soar in the U.S.

Trump's 50% steel tariff could see prices tank in Europe — and soar in the U.S.  CNBC

Politics

4 d. ago Aluminium premium for US buyers soars after Trump doubles tariffs

Aluminium premium for US buyers soars after Trump doubles tariffs  Reuters

Politics

6 d. ago Gavin Newsom proposes $2,000 asset eligibility test to control soaring state Medi

Gavin Newsom's budget proposal includes reinstating an asset test for Medi-Cal to address rising costs with the program for low-income, disabled and elderly Californians.

Politics

6 d. ago Navy veteran's $500M defamation lawsuit against Associated Press advances with first hearing

U.S. Navy Veteran Zachary Young seeks nearly $500 million in a defamation suit against the AP, arguing the term "smuggling" implies criminality despite a court ruling otherwise.

Events

7 d. ago Alaska Permanent Fund to trim real estate portfolio by $500m

Alaska Permanent Fund to trim real estate portfolio by $500m  IPE Real Assets

Politics

8 d. ago Smokey Robinson hits back with $500M lawsuit against sexual assault accusers

Smokey Robinson filed a $500 million cross-complaint against former employees accusing him of sexual assault, claiming extortion and slander in a legal battle.

Events

8 d. ago A decade in, bootstrapped Thinkst Canary reaches $20M in ARR without VC funding

Reflecting on 10 years since its launch, the honeypot maker explains why the company did not take on any VC funding.

Politics