Startups

General Fusion fires up its newest steampunk fusion reactor

General Fusion announced on Tuesday that it had successfully created plasma, a superheated fourth state of matter required for fusion, inside a prototype reactor. The milestone marks the beginning of a 93-week quest to prove that the outfit’s steampunk approach to fusion power remains a viable contender. The reactor, called Lawson Machine 26 (LM26), is

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Infinite Uptime bags $35M to help factories optimize equipment usage

Infinite Uptime, an Indian startup that offers predictive maintenance solutions for factories, has raised $35 million in a Series C funding round to expand its footprint in the U.S. and other markets. The manufacturing industry has lagged many industries in its adoption of tech, and much of the world’s heavy industry still depends on machines,

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Open web initiatives Project Liberty and Solid could be teaming up

Two initiatives to create a more open web, where users are in control of their own digital identities and data, may be coming together. At SXSW 2025, entrepreneur Frank McCourt, whose Project Liberty is developing open internet infrastructure (and is throwing its hat in the ring as a potential buyer for TikTok), announced that his

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Cursor in talks to raise at a $10B valuation as AI coding sector booms

Investor interest in AI-coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a pre-money

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Google removes ‘underrepresented’ language from its grant website

Just weeks after Google said it would review its diversity, equity, and inclusion programs, the Google for Startups Founders Fund webpage is peppered with changes. Most notably Google is now using past tense to describe all of its fund programs for underrepresented founders.  This is a change that took place after December, according to the internet

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