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Together AI $800M, Turakhia $30M, Venice unicorn

Founders · 2026-07-02

Funding & VC
Turakhia pours $30M of his own money into AI‑native office suite Neo2 MIN

Serial entrepreneur Bhavin Turakhia is bootstrapping Neo with $30 million of his own cash, betting AI‑first workplace software can wrest market share from Microsoft and Google. Neo bundles docs, project management and AI‑driven assistants in a single platform, targeting mid‑market knowledge‑work firms. Even a modest 2‑5 % share would dwarf his prior exits.

Together AI lands $800M Series C, pushing open‑source model infra to $8.3B3 MIN

Together AI sealed an $800 million Series C at an $8.3 billion valuation, the round led by Aramco Ventures. The funding backs its neocloud platform that lets enterprises run open‑source models up to 60 times cheaper than closed alternatives, unlocking a new wave of AI development.

Venice AI hits unicorn status with $65M Series A, betting on privacy‑first AI3 MIN

Venice AI, profitable with over $70 M ARR, raised a $65 M Series A at a $1 B valuation, marking its first external funding. The startup’s privacy‑focused platform lets users run 200+ AI models with end‑to‑end encryption and no data stored on its servers, positioning it for rapid growth amid rising demand for private AI services.

Kutcher teams with Beller to fund AI infrastructure, not just AI apps1 MIN

Actor‑investor Ashton Kutcher is exiting Sound Ventures to start a new VC with former Andreessen Horowitz partner Morgan Beller. The firm will target early‑stage AI infrastructure, energy and deep‑tech startups, the layers that power headline AI labs. Their move hints that capital is moving from betting on AI models to building the hardware and energy backbone.

Lime goes public, raising $167M to tackle $1B debt4 MIN

Lime raised $167 million in its IPO, valuing the scooter‑bike firm at $1.66 billion and giving it cash to address about $1 billion of looming liabilities. After nine years of private turmoil and a push for profitability, the Nasdaq debut signals the micromobility sector’s first durable survivor.

Building the Company
Meta pivots excess AI compute into a commercial cloud service7 MIN

Meta Platforms is converting its overbuilt AI compute capacity into a new cloud service, aiming to rent hardware and Llama models to developers. The move pits Meta against AWS, Azure and Google Cloud, turning excess spend into recurring revenue and signalling a strategic shift toward a hyperscale cloud business.

Growth & GTM
Why an LED mask and AI strawberries expose a new growth‑marketing playbook5 MIN

Two wildly different ads, a near‑infrared LED face mask and Dyson’s AI‑powered British strawberries, show how brands stack contradictory symbols to hijack desire and claim authority. The analysis unpacks why mixing tech hype, local pride, and health cues forces consumers to fill the meaning gap, a tactic growth teams can weaponize.

Leadership & Lessons
AI tools make senior devs feel 20% faster yet slow them 19%5 MIN

A randomized trial with 16 seasoned open‑source developers showed they reported feeling about 20% faster using current AI coding tools, yet objective timing revealed they were roughly 19% slower. The mismatch vanishes for junior or greenfield work, warning leaders that perceived velocity can be misleading when scaling AI adoption.

Market & Trends
AI agents turn APIs into the new product core8 MIN

AI agents are reshaping software consumption: they ignore UIs and care only about a service's core capability, its API. This forces companies to treat their API as the product itself, turning developer‑focused primitives into market‑winning offerings.

Cloudflare forces AI bots to pay for ad‑supported content starting September 1513 MIN

From Sept 15, Cloudflare will default‑block crawlers that train AI or act as agents on pages with ads, while still allowing search indexing. Publishers can now opt‑in to receive compensation when their content is used in AI answers, reshaping the economics of AI data harvesting.

Honda repurposes Ohio EV battery plant for AI data‑center storage1 MIN

Honda has begun outputting lithium‑ion batteries for AI data‑center energy‑storage systems at its Ohio plant, shifting from EV production after demand cooled. The move lets Honda monetize the fast‑growing ESS market and flexibly switch between hybrid‑car and data‑center batteries as electrification trends evolve.

Digital twins are the next high‑frequency trading edge10 MIN

High‑frequency traders won by turning millisecond market data into a usable representation. Today a new wave of firms is doing the same for factories, grids and other physical assets, building digital twins that unlock predictive pricing, financing and insurance markets.

AI Recruiting Tools: UI Beats Search, but Reliability Still Lags3 MIN

A hands‑on review of five AI recruiting platforms shows that sleek, conversational UI trumps raw search power. Jack & Jill’s dashboard keeps users engaged, while Serra and Juicebox stumble on bugs and clunky design. The lesson: hiring‑tech startups must nail usability before scaling.

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