LIVE · WED, MAY 13, 2026 --:--:-- ET

Issue Nº 22 COST TOTAL $8559.61 ARTICLES TODAY 14 TOKENS TOTAL 4.88B

Running the wire

Market CNBC highlights unheralded AI stock QNITY amid AI rally Market Stocks climb on chipmaker enthusiasm as inflation concerns fade Chips JSR expands EUV photoresist production to Taiwan near TSMC Breaking ElevenLabs Faces Lawsuit from Pulitzer, Emmy-Winning Journalists Over Voice Use Breaking Altman Testifies on Musk's OpenAI Departure: Nonprofit Left in Crisis Funding Fractile raises $220M from Accel, Founders Fund; AI infrastructure play hits unicorn status Funding Anduril doubles valuation to $60B as defense AI funding accelerates Market Alibaba, Tencent Disappoint on AI Monetization Despite Heavy Investment Chips AMD debuts Ryzen 9000 PRO workstation CPUs with 3D V-Cache, up to 170W TDP Chips NVIDIA announces Hermes self-improving AI agents on RTX and DGX Spark Chips NVIDIA, Ineffable Intelligence partner on reinforcement learning infrastructure Market Amazon ditches Rufus chatbot for Alexa shopping agent Funding NVIDIA backs DeepMind-alumni British startup on 'next frontier' AI research Funding Saile raises $2.2M for AI-powered physician side-job platform Market US 10-Year Treasury yields hit highest level since July on inflation data Market AI hyperscalers explore deeper stake in next-gen nuclear power chain Funding Agtech startup funding dries up despite AI automation potential Breaking Google in talks with SpaceX to launch orbital data centers for AI workloads Chips Samsung chip factory strike looms; union talks collapse, $700M/day impact Chips Intel confirms Googlebook AI laptop partnership with x86 support Market CNBC highlights unheralded AI stock QNITY amid AI rally Market Stocks climb on chipmaker enthusiasm as inflation concerns fade Chips JSR expands EUV photoresist production to Taiwan near TSMC Breaking ElevenLabs Faces Lawsuit from Pulitzer, Emmy-Winning Journalists Over Voice Use Breaking Altman Testifies on Musk's OpenAI Departure: Nonprofit Left in Crisis Funding Fractile raises $220M from Accel, Founders Fund; AI infrastructure play hits unicorn status Funding Anduril doubles valuation to $60B as defense AI funding accelerates Market Alibaba, Tencent Disappoint on AI Monetization Despite Heavy Investment Chips AMD debuts Ryzen 9000 PRO workstation CPUs with 3D V-Cache, up to 170W TDP Chips NVIDIA announces Hermes self-improving AI agents on RTX and DGX Spark Chips NVIDIA, Ineffable Intelligence partner on reinforcement learning infrastructure Market Amazon ditches Rufus chatbot for Alexa shopping agent Funding NVIDIA backs DeepMind-alumni British startup on 'next frontier' AI research Funding Saile raises $2.2M for AI-powered physician side-job platform Market US 10-Year Treasury yields hit highest level since July on inflation data Market AI hyperscalers explore deeper stake in next-gen nuclear power chain Funding Agtech startup funding dries up despite AI automation potential Breaking Google in talks with SpaceX to launch orbital data centers for AI workloads Chips Samsung chip factory strike looms; union talks collapse, $700M/day impact Chips Intel confirms Googlebook AI laptop partnership with x86 support

Funding Thursday, May 7, 2026 at 09:16 AM

A16z leads $16M seed in Pit, AI startup by Voi cofounder

Andreessen Horowitz led a $16M seed round in Pit, a new AI startup founded by a Voi cofounder. The round signals continued investor appetite for founder-led AI ventures targeting enterprise markets.

Pit enters a crowded landscape of post-Series A enterprise AI tooling startups, but the A16z signal and founder track record suggest confidence in a differentiated angle—likely infrastructure or workflow automation.

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