June 18, 2026
General Intuition in talks to raise $300M at around $2B valuation
General Intuition is reportedly negotiating a $300 million funding round at a $2 billion valuation, with notable backers including Jeff Bezos. This potential investment underscores the growing interest in AI startups focusing on advanced reasoning capabilities, highlighting the competitive landscape and investor appetite for innovative AI solutions.
New Funding Rounds
New Product Launches
Companies Out of Stealth
Industry Moves
Roelof Botha joins SpaceX's board of directors, marking a significant addition to the company's leadership following its historic IPO. Meanwhile, DeepL expands its capabilities with the acquisition of Mixhalo, enhancing its live-event audio streaming and translation offerings.
Policy & Regulation
Anthropic faces challenges due to unexpected export rules, highlighting the complexities of international AI regulations. Additionally, world leaders express concerns about reliance on American AI technologies, fearing potential access restrictions.