50
Travis Kalanick’s Atoms might be getting into the robotaxi business
Travis Kalanick's Atoms, which raised $1.7B led by Andreessen Horowitz with $100M from Uber, is reportedly exploring robotaxi technology and acquisitions.
Atoms raised a $1.7 billion round led by Andreessen Horowitz earlier in the summer, and Uber has invested $100 million. The Financial Times reports the startup is preparing a hiring spree and acquisitions to become a major autonomous vehicle player, and has discussed Uber using its robotaxi technology. Atoms previously acquired Pronto, an autonomous mining startup led by Anthony Levandowski, Uber's former self-driving chief.
38
30
Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market
Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.
Cognition raised $2 billion at a $48 billion valuation, four months after a $26 billion round, led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir. Its annualized run-rate revenue grew from $492 million to $900 million since May, with projected $4-5 billion by end of 2026, while compute costs could push 2026 burn to $800 million. The startup, founded by Scott Wu, counts Mercedes-Benz, NASA, Goldman Sachs, and Citi as customers and is training its own model to cut reliance on OpenAI and Anthropic.
60
New CISO appointments 2026
Companies including Mistral AI, Trellix, Marriott, and ANZ appointed new CISOs in July-September 2026 amid high security-leadership turnover.
CSO Online's rolling column tracks senior security appointments, noting many companies are hiring a CSO/CISO for the first time. Notable moves include Thomas Coudray leaving Ledger to become Mistral AI's CISO, David Soto joining Trellix from Amazon, and Daniel Dubowski becoming Marriott International's SVP and CISO. Other appointments span ANZ, Gigamon, Axonius, Tricentis, Remitly, Allied Universal, and the State of California.
14
XDOF, just 3 months out of stealth, is in talks for a Series B at a $1.2B valuation
Robotics data startup XDOF is in talks for a Series B at a $1.2B valuation led by 8VC, three months after emerging from stealth.
XDOF, co-founded in 2024 by UC Berkeley researchers Philipp Wu and Fred Shentu, collects real-world teleoperation data for training general-purpose robots. It raised a $70M Series A in June from Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital, and annualized revenue is approaching $50 million. The company is partnering with UC Berkeley's AI Research lab to release the ABC robot training dataset and already serves about 20 customers, including several frontier AI labs. Terms of the Series B are not final.
50
Apple’s Ternus era begins as Nvidia bets on the whole AI stack
Apple's John Ternus becomes CEO as Tim Cook steps down; Nvidia expands across the AI stack while a16z launches a $1.1B Machine Age fund.
Tim Cook stepped down as Apple CEO, handing the company to former hardware chief John Ternus, with Cook staying as Executive Chairman focused on policy relationships. TechCrunch's Equity podcast also unpacks Nvidia's moves to own the entire AI stack, including its Hugging Face acquisition, a MediaTek investment, and deeper compute deals. Other items include robotaxi competition (Tesla Cybercab, Waymo expansion, Zoox paid rides), Andreessen Horowitz's new $1.1 billion 'Machine Age' fund, and the $285 million GoPro acquisition.
70
Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation
Thinking Machines, Mira Murati's AI lab, is in talks to raise $1 billion at a $40 billion valuation, with Accel reportedly leading.
Thinking Machines, the AI lab founded by former OpenAI CTO Mira Murati, is negotiating a $1 billion round at a valuation of at least $40 billion, below the $50 billion it reportedly sought last year. The company's annual revenue run rate exceeds $100 million, mostly from usage-based compute fees for its open-weight Inkling model adapted on the Tinker platform. Its prior $2 billion seed round, led by Andreessen Horowitz with Nvidia, GV, Lightspeed, and Conviction Partners, valued it at $12 billion. Several co-founders, including Lilian Weng and Luke Metz, have since returned to OpenAI.
60
30
30
30
30
30
Massachusetts hits data centers with new clean power rules
Massachusetts executive order requires data centers over 25 MW to supply 100% clean power, fund nearby generation, or pay a ratepayer protection fund.
Governor Maura Healey's executive order requires developers building data centers larger than 25 megawatts of peak demand to bring their own power that meets 100% of the state's clean energy standard, fund new generation nearby, or pay into a ratepayer protection fund. Massachusetts is the third state in three months to restrict data center development, following Texas utility audits (ERCOT) and New York's pause on 50 MW-plus projects. The state is also pausing applications for a data center sales tax exemption and directing communities to avoid non-disclosure agreements. Pro-AI super PAC Leading the Future, funded by Marc Andreessen, Ben Horowitz, and Greg Brockman, is running ads ahead of midterms as industry pushes back.
58