Startup news, funding and growth across every stage and industry.
Theranos founder Billy Evans is raising millions for a new company that sounds eerily similar to her failed lab. Rain AI, an upstart chipmaker backed by Sam Altman, is exploring a sale; OpenAI is among multiple suitors. Storage systems from Cloudian, cofounded by an MIT alumnus, help businesses feed data-hungry AI models and agents at scale. MIT spinout Tissium has FDA marketing authorization for its nerve repair platform. Foundation Alloy is using solid-state metallurgy to develop high-performance metals.