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Features
Anthropic and Gates Foundation Commit $200 Million to AI for Public...
Anthropic and the Bill & Melinda Gates Foundation are putting $200 million toward AI tools designed for some of the world’s hardest-to-reach needs, from neglected disease research to classroom support and economic mobility. The four-year partnership combines grant funding, Claude usage credits, and technical support for programs in the U.S. and abroad, with a focus on areas that often attract less commercial investment despite their public impact...
Markets & Trends
AI Veteran Richard Socher Raises $650 Million for Self-Improving Software Startup
AI pioneer Richard Socher has emerged from stealth to launch Recursive Superintelligence, a San Francisco-based startup backed by $650 million in initial funding. The new venture aims to construct a recursively self-improving AI model capable of autonomously identifying its own operational weaknesses and redesigning its architecture without human intervention...
Strategy
Indian Travel-Fintech Platform Scapia Secures $63 Million to Accelerate AI Product...
On the heels of an eightfold increase in hotel bookings, Indian travel-fintech startup Scapia has secured $63 million in a Series C funding round led by General Catalyst. The fresh equity, which included participation from existing backers Peak XV Partners and Z47, values the Bengaluru-based company at over $500 million—more than doubling its valuation from last year. The capital injection arrives as transaction volumes spike across India's Tier-2 and Tier-3 cities, cementing Scapia's position as a dominant comprehensive travel ecosystem...
Capital & Transactions
Mercury Hits $5.2 Billion Valuation Following $200 Million Series D Funding...
After capturing one in three U.S. startups as customers, banking platform Mercury has reached a $5.2 billion valuation following a $200 million Series D funding round. Led by investment firm TCV, the round marks a nearly 50% jump from the company's $3.5 billion valuation just last year. As first reported by Inc., the massive capital influx coincides with a dramatic spike in demand, with Mercury's customer applications surging 2.5 times in the first quarter of 2026 compared to the same period a year earlier...
Health & Wellness
Commure Secures $70 Million at $7 Billion Valuation to Automate Administrative...
A recent $70 million financing round has propelled healthcare AI platform Commure to a $7 billion post-money valuation. General Catalyst led the investment, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. The new funding targets administrative expenses in healthcare, an operational cost center that consumes an estimated $1 trillion annually in the U.S. alone...



































