Tagged

ai

27 stories

Austin venture funding hits an all-time high, led by AI and robotics

Crunchbase data shows the city's startups raised record capital, with AI, robotics and advanced manufacturing leading the pack.

NationalJordan Vance · Jun 3

Trump signs AI executive order pushing federal control over state rules

A June order adds voluntary pre-release model assessments and advances a strategy to preempt a patchwork of state AI laws.

AIDev Okonkwo · Jun 2

Why Austin keeps showing up on the AI-chip startup map

From analog inference at Mythic to open-architecture silicon at Tenstorrent, the city is quietly stacking AI-hardware talent.

NationalJordan Vance · May 29

Anthropic raises $65B, leapfrogs OpenAI as the most valuable AI startup

The Series H values Anthropic at $965 billion post-money and arrives days before a confidential IPO filing.

NationalJordan Vance · May 21

Nvidia posts $81.6B quarter as Huang says AI demand has 'gone parabolic'

The chipmaker's profit tripled year over year, and it pointed to $1 trillion in confirmed AI chip demand through 2027.

NationalJordan Vance · May 20

Google reimagines Search and ships Gemini 3.5 Flash at I/O 2026

The company called it the biggest change to its Search box in over 25 years and introduced an agentic Gemini model.

AIDev Okonkwo · May 12

The Austin corridor is becoming Texas' data center magnet

A $1.44 billion EdgeConneX campus in Bastrop County is one of several AI compute projects clustering around Austin and San Antonio.

AIDev Okonkwo · Apr 30

Colossal Biosciences, Austin's de-extinction decacorn, keeps raising

The genetic-engineering company is past a $10 billion valuation as it pushes mammoth, dire wolf and bluebuck programs forward.

AIDev Okonkwo · Apr 27

Avoca hits $1B valuation selling AI voice agents to plumbers and HVAC shops

The startup's agents answer calls, book jobs and chase estimates for service businesses — and it's on track to book $1 billion in work this year.

AIDev Okonkwo · Apr 24

Samsung's Taylor fab moves toward making Tesla's next AI chips

Equipment is going in at the $44B Central Texas plant as Samsung preps 2-nanometer production for Tesla's AI5 and AI6.

StartupsMara Whitfield · Apr 21

AI clinical-trials startup Biorce opens a U.S. office in downtown Austin

The Barcelona-founded health-tech company picked Austin for its second U.S. base, citing the city's mix of deep-tech and healthcare talent.

AIDev Okonkwo · Apr 15

Google commits $40 billion to three new AI data center hubs in Texas

The investment, running through 2027, deepens Big Tech's concentration of compute in the state.

NationalJordan Vance · Apr 10

Q1 venture funding hits a record $300B as AI swallows the market

Four of the five largest venture rounds ever recorded closed in a single quarter, and AI took the vast majority of the dollars.

AIDev Okonkwo · Mar 31

Saronic raises $1.75B at a $9.25B valuation to build autonomous warships in Texas

The Austin defense startup more than doubled its valuation as the Pentagon leans on cheaper, software-defined naval hardware.

AIDev Okonkwo · Mar 26

Meta sixfolds its El Paso AI data center bet to $10 billion

The campus is targeting 1 gigawatt of capacity by 2028 as hyperscalers pour capital into Texas.

NationalJordan Vance · Mar 2

Stargate expands with five new sites, anchoring more capacity in Texas

OpenAI, Oracle and SoftBank pushed the data-center venture toward 7 gigawatts and more than $400 billion in planned investment.

AIDev Okonkwo · Feb 23

Circuit pulls $30M angel round to put AI on the factory floor

Silicon Labs veterans bet that AI can capture the institutional know-how walking out the door as experienced workers retire.

AIDev Okonkwo · Feb 18

Apptronik leans on Google DeepMind's Gemini to give Apollo a brain

The Austin robotics maker is building its next humanoids on DeepMind's Gemini Robotics models — and Google is now an investor too.

FundingMara Whitfield · Feb 13

Apptronik's Series A swells past $935 million as humanoid-robot race heats up

A February extension co-led by B Capital and Capital Factory, with Google participating, pushed the Austin robotics company's Series A near $1 billion total.

AIDev Okonkwo · Feb 5

Crusoe and partners pour $15 billion into the Abilene Stargate site

The wind-powered campus is being built to host 400,000 Nvidia GPUs as Stargate scales in West Texas.

FundingMara Whitfield · Feb 4

Saronic raises $600 million Series C at $4 billion valuation for autonomous warships

The Austin defense-tech company's round, led by Elad Gil, quadrupled its valuation as it builds an autonomous shipyard called Port Alpha.

AIDev Okonkwo · Jan 30

Oracle to spend $40B on Nvidia chips to power OpenAI's Texas megacenter

The cloud provider will buy roughly 400,000 GB200 GPUs for the Abilene data center under a 15-year deal.

AIDev Okonkwo · Jan 27

Serve Robotics buys Austin's Diligent, pushing sidewalk delivery into hospitals

The ~$25.7M deal hands Serve the Moxi hospital robot and its first beachhead in indoor mobile manipulation.

PeopleSloane Reyes · Jan 15

Amir Husain returned to UT to tell the class of 2025 what he learned building an AI unicorn

The serial entrepreneur who founded SparkCognition addressed the graduates of the school where his AI career began.

NationalJordan Vance · Jan 9

xAI raises $20B and pushes Colossus toward 2 gigawatts in Memphis

Musk's AI company closed its Series E above target and bought a third Memphis building to expand the world's largest single-site training cluster.

FundingMara Whitfield · Dec 17

Mythic raises $125 million to challenge Nvidia with analog AI chips

The Austin chip company, led by DCVC with Honda and Lockheed Martin participating, capped a turnaround with an oversubscribed round.

FundingMara Whitfield · Nov 19

Function Health hits $2.5 billion valuation with $298 million Series B

The Austin preventive-health testing company raised an oversubscribed round led by Redpoint Ventures and launched a medical intelligence lab.

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