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Inside the drama dogging Corgi, the $5 billion insurance startup
Corgi reached a $5 billion valuation. Internal messages and documents reveal the drama dogging the insurance startup.
Deadline Wednesday: Free business training for Central Oregon veterans, families
BEND, Ore. (KTVZ) -- Applications are open through Wednesday, Sept. 30, for Startup Training Resources to Inspire Veteran Entrepreneurship (STRIVE), a free eight-week business training program for military veterans and their family members. The in-person program is designed to assist military-connected entrepreneurs in developing skills to create and sustain small businesses. Offered in collaboration with
After a deepfake voice fooled her grandfather, this founder sprang into action
After her grandfather was scammed by a deepfake of his brother's voice, Tarini Padmanabhuni founded DetectifAI, a San Francisco startup building AI models small enough to run directly on smartphones and flag fake voices in real time, and it's now one of the companies competing in Startup Battlefield at TechCrunch Disrupt.
Y Combinator Is Making Political Bets. Its New PAC Has Backed 66 Campaign Committees
The startup accelerator’s Little Tech PAC is funding candidates across party lines as Silicon Valley prepares for a bigger fight over technology policy in Washington.
Laid-Off Google worker turned down 6-figure offer to build AI startup
After being laid off from Google, Rob Waters was offered a new six-figure role. He turned it down and moved to San Francisco to build his AI startup.
AI helped this doctor navigate his wife's cancer, then he invested
An AI healthcare chatbot helped Dr. Munjal Shroff support his wife through her cancer diagnosis. He ended up investing in the startup.
Bladen Small Business Center to host “Funding Toolbox” Small Business RoundTable
Small business owners and aspiring entrepreneurs are invited to attend the September Small Business RoundTable at Bladen Community College, featuring a practical discussion on one of the most important challenges facing entrepreneurs: finding the right funding for a business.The September RoundTable, “The Funding Toolbox,” will be held Monday, Sept.28, from 5:30–7 p.m. in Building 14, Room 135, at Bladen Community College.Sponsored by the Bladen Community College Small Business Center (SBC) and the Elizabethtown-White Lake Area Chamber of Commerce, the event will bring together experts familiar with the Small Business Center and SSBCI programs to help participants better understand the funding resources available to entrepreneurs and small businesses.Rather than focusing on one type of financing, “The Funding Toolbox” will explore a variety of funding tools and resources that may be available depending on a business's stage, needs and goals. Participants will have an opportunity to learn about available programs, how they work, what lenders and funding organizations look for, and how business owners can prepare to seek financing.Topics will include:Funding options for startups and existing businessesLoans and other financing resourcesSSBCI-supported funding opportunitiesHow to determine which funding option may fit your businessWhat lenders and funding organizations look forPreparing financial information and documentationResources available to help businesses become funding-ready“The Funding Toolbox” is designed for both aspiring entrepreneurs and established small business owners who are considering starting, expanding or investing in their businesses.The Small Business RoundTable provides an informal setting where local entrepreneurs can learn, ask questions, share experiences and connect with business-resource partners. The program is part of the ongoing efforts of the Bladen Community College Small Business Center and the Elizabethtown-White Lake Area Chamber of Commerce to strengthen and support small businesses throughout the community.The September RoundTable is free and open to the public.For more information or to register, contact the Bladen Community College Small Business Center at 910-879-5572.Event DetailsWhat: Small Business RoundTable – The Funding ToolboxWhen: Monday, Sept.28, 2026 | 5:30–7 p.m.Where: Bladen Community College, Building 14, Room 135Cost: FreeSponsors: Bladen Community College Small Business Center and Elizabethtown-White Lake Area Chamber of Commerce
Nashville summit connects Israeli healthtech startups with U.S. healthcare leaders
Sixteen Israeli companies showcased technologies ranging from clinical AI to patient monitoring and healthcare automation.
Pioneer of China NewCo model sued in US over trade secret misuse, double-dealing
A legal feud unfolding in New York is putting a spotlight on the work of a business development veteran who is credited for pioneering one of biopharma’s hottest dealmaking mechanism: the China “NewCo” model. In a lawsuit originally filed in New York state court and recently moved to federal court, China’s Lepu Medical Technology has alleged that biopharma business development consultant Su Zhang, who was hired to help shop its GLP-1 weight-loss candidates to Western partners, engaged in corporate double-dealing and trade secret leaks. According to the complaint, while acting as Lepu’s primary dealmaking liaison for a group of obesity and metabolic disease drug candidates, Zhang was secretly double-dipping as the acting chief business officer for a direct competitor, BrightGene Pharmaceutical. “She never adequately disclosed the role, never sought Lepu’s consent, and never proposed any safeguard,” Lepu alleged in its complaint, which was filed in July after Zhang’s consulting firm, CoDevCo, sought certain transaction-based success fees from its angry customer through an arbitration process in Singapore. Lepu, the parent company of Lepu Biopharma, has asked Zhang to pay back its $500,000 retainer and disgorge all benefits she received during the alleged breaches of fiduciary duty, plus other damages and relief. The company has also requested the court grant injunctions to protect Lepu’s trade secrets. The ill-fated partnership officially kicked off in December 2024, when Lepu tapped CoDevCo as its “exclusive business development mechanism” to identify collaborators for the company’s drug candidates. According to Lepu’s complaint, Zhang personally negotiated and signed the agreement as managing director for CoDevCo, which used her home address. Before the Lepu deal, Zhang made a name following a short stint as the global head of business development for Hengrui Pharmaceuticals. It was during her tenure that Hengrui signed a landmark deal granting exclusive rights for a portfolio of GLP-1 assets to Hercules, which was at that time newly established by a group of private equity and venture capital firms. In addition to the regular upfront and milestone payments, Hengrui also gained an equity stake in Hercules, which later became Kailera Therapeutics. The Hengrui-Hercules deal opened a new paradigm, where a Chinese biopharma company spins off certain early-stage assets to investors for further development through the creation of a new company abroad. The “NewCo” model quickly came into vogue as it allows Western investors to access high-potential assets originating from China at an early stage while giving the Chinese licensors an opportunity to reap long-term benefits through equity stakes in the new firms. The NewCo model proved its value when Kailera staged a record-breaking $625 million IPO on Nasdaq this April, merely two years into the Hengrui deal. Related Kailera CEO 'knew we were in a good spot' before obesity biotech's record-breaking $625M IPO On her LinkedIn page, Zhang described her work at Hengrui as “[b]uilding team and capability from the ground up,” forming NewCo and major pharma partnerships worth billions of dollars. Lepu clearly wanted that kind of track record to help boost its own cardiometabolic portfolio, which includes a range of assets for obesity, Type 2 diabetes, fatty liver disease and muscle preservation during weight loss treatment. “Lepu’s pipeline is very valuable, but only if Lepu could secure the right international partner to expand into the overseas market during the available commercial window,” the company argued in its complaint. The Chinese biotech said it had little knowledge of U.S. laws, customs or business practices in the business development field, and therefore “needed to rely entirely” on the expertise of Zhang and her team as the firm’s first engagement of a U.S.-based BD consultant. “Zhang’s dominating influence on the business development strategy is further evidenced by the fact that she personally controlled the business-development communications on behalf of Lepu with potential partners,” Lepu said in its complaint. After entering the deal, Zhang introduced Lepu to her four associates. According to Lepu’s version of events, all of them were allegedly employed at different time points to perform similar jobs at other Chinese companies that Lepu described as its competitors, while having access to Lepu’s confidential information. As such, Lepu described Zhang’s team as “a roster of individuals whose primary professional loyalty, by virtue of their concurrent full-time employment, ran to Lepu’s competitors.” As well as the specific examples set out in the case, a look at Lepu’s deals over the period suggests Zhang may have been involved in at least one transaction. During their partnership, Lepu, through its subsidiary Shanghai Minwei Biotechnology, also out-licensed its GLP-1/GIP/FGF21 agonist MWN105 to a NewCo called Sidera Bio in the fall of 2025. The deal included an upfront and near-term payment of $35 million, up to $1.01 billion in milestones, and a 9.99% stake in the Danish startup. It seems likely that Zhang facilitated the Minwei deal given that Lepu is on record as having used CoDevCo as its “exclusive business development mechanism.” The big shock for Lepu came in the form of a news article on June 25, 2025. The article, reporting on phase 2 data for BrightGene’s GLP-1/GIP receptor agonist BGM0504, identified Zhang as acting chief business officer of the Lepu rival. Blindsided by her association with BrightGene, Lepu confronted Zhang in July 2025. “Lepu was given assurances that there was nothing to be concerned about and told that Zhang would explain the matter to Lepu,” Lepu alleged in its complaint. “Zhang never did.” Lepu claimed that Zhang had the motive and opportunity to steer potential prospective partners toward BrightGene or other competitors. Later, in February 2026, one of Zhang’s associates joined BrightGene as the vice president for global business development, according to the complaint. Around the same time, Lepu sent written demand letters asking Zhang to account for her BrightGene role, identify what confidential data were shared with the rival firm, and provide any conflict-of-interest or firewall policies during the engagement. According to Lepu, neither CoDevCo nor Zhang answered the questions in their responses. Related Novo vs. KBP: How a $1.3B deal turned into a fraud accusation and an international legal fight In a motion to dismiss filed with the U.S. District Court in the Eastern District of New York on Sept. 4, Zhang’s legal team argued that Lepu’s agreement was signed with CoDevCo, and that an employee of the contractor does not owe fiduciary duties to the client. In its complaint, Lepu said: “That CoDevCo was the contracting entity does not insulate Zhang from personal liability for duties she personally undertook and personally breached.” Taking the argument one step further, the defending party argued that the consulting agreement “does not create a fiduciary relationship even between CoDevCo and Lepu; instead, it identifies CoDevCo as an independent contractor retained to market Lepu’s business to potential western partners.” Although CoDevCo was Lepu’s exclusive business-development contractor, there were no terms stipulating that the consulting firm should serve only Lepu, Zhang’s lawyer noted. As to Lepu’s claims that Zhang misappropriated trade secrets, the defendant argued that Lepu authorized the use of the information so Zhang’s team could perform their service per the agreement. In a rebuttal filed on Sept. 11, Lepu’s lawyer set out why they believe the Chinese biotech satisfied New York law’s misappropriation definition by alleging that the defendant used a trade secret “in breach of a duty or through improper means.” As an alternative to dismissing the suit, the defendant suggested the action should be stayed pending outcomes from the arbitration of a separate case in Singapore. While NewCo pioneer Zhang is defending her business arrangements, momentum behind the NewCo trend has continued unabated into 2026. Through August, Chinese biotech assets have spurred 15 NewCo deals this year, according to local trade publication PharmaDJ.
To improve chronic care, this Durham startup tracks life outside the doctor's office
Through anonymized mobile surveys, rXperius helps health orgs account for non-medical factors affecting patient well-being.
'Soar' wars: Inside two AI startups' messy fight over a name
A founder known for viral antics sent a LinkedIn request to the CEO of Soar, a travel startup. Days later, he launched a rival — also called Soar.
Imprisoned tech fraudster Elizabeth Holmes to be moved to halfway house
Elizabeth Holmes, the disgraced onetime youngest self-made billionaire whose health care startup Theranos turned out to be a fraud, will be moved from her current minimum-security prison to a halfway
The rise of the AI-native radiology practice
In this edition of STAT Health Tech: Radiology startups say owning a practice makes it easier to develop AI tools, and insurers oppose RPM changes.
IEDA Board approves assistance for two startups
The Iowa Economic Development Authority board approved assistance for two startups in Ankeny and Des Moines during its meeting on Sept. 18. Des Moines-based bindl Inc. is developing a software platform to help organizations that serve people experiencing homelessness coordinate services and track progress toward housing, employment and well-being goals. The company grew out of…
Breast Cancer Research Foundation launches $100M venture fund with radiologist startup scoring 1st investment
BCRF’s first venture funding is going to Clairity Inc., which uses AI to analyze routine mammograms and predict a woman’s five-year risk of developing cancer.
Little Rock, Kapor Center to develop startup businesses
The city of Little Rock will partner with the Kapor Center on a multi-year project to work with "gap-closing" startup businesses to solve financial stability, housing, health care, education and workforce development challenges, according to a Wednesday news release.
Nuclear power startup founded by SpaceX alums is building its headquarters in Bywater
The year-old private company, which plans to build and operate small modular reactor powerplants, will spend more than $8 million transforming an existing 18,500-square-foot industrial facility at 3333 Chartres Street into office space, a light fabrication shop and training center.
Black Business Association Launches Microgrant Program
Source: Black Business Association of Amherst Area The Black Business Association of Amherst Area (BBAAA) encourages current and aspiring entrepreneurs to apply for support with startup costs and operating expenses. The application deadline is Wednesday, September 30, 2026. The grant application form and guidelines can be found on the BBAAA website: Eligible Expenses Grant awards
Virtual SUD support platform Nosis launches to address lifestyle, diet needs
Nosis, a platform supporting substance use disorder (SUD) recovery, is launching from stealth in all 50 states. | The virtual startup leverages labs with health coaches and dietitians to address the biological and metabolic health needs of individuals in recovery.
Entertainment-Booking Startup Ande Raises $52 Million From Lightspeed, Redpoint
Personal AI agents like Instinct and Muse have promised to take away the hassle of booking hard-to-get restaurant reservations, Broadway tickets and sporting events. Now, a startup is coming out of stealth to do the same for corporate entertainment—events, group dining, catering, sporting events ...
USDA awards GJ Business Incubator with nearly $700K in rural development funding
The USDA awarded $692,075 in rural development grants and microloan funds to the Grand Junction Business Incubator Center to support Western Slope startups.
Lancaster candle company grows from basement startup to global business
What began as a basement hobby after a bad reaction to a candle has grown into a multimillion-dollar family business for Katie and Eric Roering.
Erika La Plante Honored with Inaugural UC Regents Innovation Award
The associate professor of materials science and engineering, received the Best Startup Award for her work as co-founder and head of monitoring, reporting and verification and environmental strategy at Equatic.
Seattle startups DexCare and Mila Health combine to expand AI patient scheduling
Seattle health-tech startup DexCare has acquired fellow local startup Mila Health, an AI agent developer that automates patient calls and texts for appointment scheduling. The deal, whose terms were undisclosed, integrates Mila's rapidly deployable AI communication tools into DexCare's patient-access platform serving 57 million patients nationwide.
Small Business Using AI are Hiring Faster - Small Business & Entrepreneurship Council
By Rieva Lesonsky – A report from Gusto by Nich Tremper and Tom Bowen found that small businesses increasingly use AI to build and grow their companies. Almost two-thirds of startups used AI to make their launch easier. Small businesses are using AI to increase productivity and grow revenue. And companies that embraced the technology […]
StartUp Hutch Announces Latest Rural Business Microgrant Awards - Ad Astra Radio
HUTCHINSON, Kan. — September 21, 2026 — StartUp Hutch has awarded two additional Rural Business Resilience & Expansion Initiative Microgrants to businesses in Arlington. The latest recipients are: Francisco Villanueva, Carolyn’s Essenhaus Destiny Love, Farmers Insurance The Rural Business Resilience & Expansion Initiative Microgrant program provides grants of […]
The next wave of VCs judging Startup Battlefield at Disrupt 2026
The next wave of VCs judging the Startup Battlefield 200 contenders on the main stage at TechCrunch Disrupt 2026. Register by Sept 25 to save up to $200.
Startup JetZero is building a sleek new kind of plane with bigger-than-Boeing dreams
A startup is building a new type of passenger plane to rival Boeing and Airbus' tube-and-wing models. The blended wing body aircraft could take flight next year.
The era of the personal agent has finally arrived
Tech giants and startups are racing to build your AI agent.
Big Tech stock compensation: Why workers stay, leave, or lose equity
Big Tech workers say stock compensation can make leaving difficult, but layoffs, AI startups, and years of stock gains are changing the calculus.
Oklahoma ranks top 10 for business bankruptcies despite startup boom
Oklahoma ranks in the top 10 for business bankruptcies as interest rates rise, yet the state remains a top spot for startups.
Anthropic Reportedly Delays IPO; OpenAI Expects Massive Cash Burn
AI startup Anthropic is now targeting a November IPO, the Wall Street Journal reported.
Meta (META)’s Stilla.ai Deal Could Turn Business Agent Into a New Monetization Engine
Meta Platforms, Inc. (NASDAQ:META) is taking another step toward monetizing artificial intelligence beyond its core advertising business. On September 9, the company acquired AI startup Stilla.ai. The acquisition will strengthen the company’s agentic AI capabilities as it moves to capitalize on growing demand for AI agents that can handle business transactions. Plans are underway to […]
North Carolina Small Business Center Network Names Winners of Inaugural 'Startup Showdown' Competition
After a rigorous, months-long training and pitch competition, the North Carolina Small Business Center Network (SBCN) announced Rinse-A-Poo, Victorious Wellness, and The Gilded Lantern as the first-, second- and third-place winners, respectively, of the state's inaugural SBCN Startup Showdown.
Vheda Health plans targeted acquisitions and national growth following a $47M raise
The Columbia, Maryland, startup will use its first institutional investment from Agora to expand its chronic and maternity care platform beyond 18 states.
Anthropic quietly sets up biology lab as it ramps AI drug program
At a time when fears of AI are gripping the public, the startup has built a wet lab — or place for physical experiments — in the San Francisco Bay Area, two people familiar with the matter said.
States Bet Big On Rural Health Startups, With A Silicon Valley Twist
By Sarah Jane Tribble and KFF Health News HealthDay ReportersFRIDAY, Sept. 18, 2026 (HealthDay News) — When Josh Fleig, Louisiana’s chief innovation officer, learned his state had set aside $20 million a year, for five years, to invest in startup rural health companies, his reaction was not ...
Andrew Ng Dismisses AI Extinction Warnings as Science Fiction and PR Spin
Andrew Ng told Bloomberg TV that AI extinction warnings are "science fiction," splitting from Geoffrey Hinton and Anthropic over AI regulation.
Can Startups Help Fix Rural Healthcare? States Are Betting on It.
Louisiana and a growing number of states are putting federal dollars behind young technology companies in search of new ways to improve rural care.
Newlab startup tests stoplight tech with Detroit fire trucks
Detroit is piloting technology that would increase response time for fire trucks by turning the traffics lights green before they arrive.
Fire Awards spotlights Austin founders building satellites, AI infrastructure and next-gen healthcare
Austin's startup scene celebrates innovation with Fire Awards honoring 40 companies advancing AI, robotics, healthcare and energy technology.
A Sports Memorabilia Startup Let Fans Own a Piece of History. Then the Business Vanished
Collectable offered fractional shares of iconic memorabilia. When a new owner took the reins, users say their investments disappeared—along with the assets.
Anthropic debuts Claude Docs, raising stakes for Microsoft
Frontier AI labs are unleashing products that compete with established software giants and startups alike
Colorado VCs shift to hardware, defense tech as software loses edge to AI
Venture capitalists in Colorado are shifting investment from software to hardware startups, driven by AI's impact on code development and defense contracts.
States Bet Big on Rural Health Startups, With a Silicon Valley Twist
States are spending rural health dollars on tech startups, betting that untested companies will succeed where doctors have vanished and hospitals have collapsed. Louisiana’s call for innovative technology drew more than 200 pitches, seeking from $250,000 to $3 million in seed money.
Pulley shuts down, Carta helps transition customers
Pulley, backed by Stripe and others, shuts down after seven years. Its biggest rival Carta is offering transition help to startups that used Pulley.
The AI graveyard: a running list of projects and startups that didn't make it
From Apple's repeatedly delayed Siri AI to OpenAI's messy 'super app' launch, here's a look at the AI projects that shut down or missed expectations.
Health benefits platform Thatch reaches $1B valuation as healthcare costs surge
The five-year-old startup raised $108 million from The General Partnership, Index Ventures, General Catalyst, and Andreessen Horowitz.
ASU students help improve app that connects student-athletes to families with childcare needs
Suhaib Ahmad Siddiqui thought he was helping solve a simple problem.Sport Sitters, a startup that connects families with college athletes for childcare, needed an easier way to notify athletes when they had been approved to work through the platform.
Venture Capital Investments in Maternal Health Startups
A new study by LDI Fellows identified 172 VC-backed maternal health startups, but fewer than half accepted insurance and only 34% took Medicaid.
Bellevue startup Temporal sees valuation jump to $12.6 billion with latest funding round
Temporal, the Bellevue app development startup, raised $550 million at a $12.55 billion valuation, doubling its worth since February.
OpenAI acquires Israeli-founded camera startup Glass Imaging for over $300 million
Founded by Israeli former Apple engineer Ziv Attar and his former colleague Tom Bishop, Glass Imaging uses AI to overcome limitations in compact cameras and has developed technology for smartphones, drones and wearables.
A Vinyl Bar in Shibuya is a startup from former Spotify employee offering fun music apps
Former Spotify exec's company releases experimental "singles" that involves users in music making.
A Vinyl Bar in Shibuya is a startup offering fun music apps without any AI prompting
Former Spotify exec's company releases experimental "singles" that involves users in music making.
Exclusive: Nara Health raises $10M for benefits admin
Khosla Ventures led the third-party administration startup's funding.
Ramstad: Minnesota’s business community needs more mentors like Paul Taylor
Twin Cities Startup Week and other support efforts for startup founders often depend on those willing to give back.
Seafood Startup Shinkei Lands at Whole Foods
Seremoni, the consumer brand under Shinkei Systems Corp., is stocking its sockeye salmon in a handful of Whole Foods Market Inc. locations across Los
Focus on agentic commerce as customer data science firm dunnhumby wraps Retail Innovation Forum USA
dunnhumby held its annual Retail Innovation Forum in Bentonville, Arkansas, USA last week, bringing together retailers, brands, technology leaders, scale-ups, startups and investors. In a LinkedIn post, Dave Clements, Chief Strategy Officer at dunnhumby, said: "In many ways an eclectic group to
A full circle of entrepreneurship support through ETSU
When people think of where startups are founded, major cities and technological hubs like San Francisco and the Silicon Valley, often come to mind.
Xbox Is Bringing A Big Dose Of Nostalgia To Its Current-Gen Consoles
Xbox is giving old-school gamers a dose of nostalgia by letting them choose older console startup animations when powering on the Xbox Series X or S.
Anthropic selects Nasdaq for IPO, Business Insider reports
U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company's plans.
Anthropic selects Nasdaq for IPO, Business Insider reports
Sept 13 (Reuters) - U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company's plans. (Reporting by Ananya Palyekar in B...
Should Californians worry about the chances of AI destroying humanity?
Stefano Bellasio, CEO of AI startup Anthropos, weighs in on the skepticism of the AI industry on California Politics 360.
CEO Jensen Huang offers candid advice to departing Nvidia staff
Nvidia CEO Jensen Huang gives blunt feedback to departing employees, influencing startups like Flexion Robotics and INT21 with direct insights.
These New Startups Are Promising to Cure Your Next Hangover. What Does Science Say?
Hangover cures are big business and a hot new wellness trend, but scientists are dubious about their effectiveness (sorry!).
The politics and possibilities of ‘AI could kill us all’
I found myself fielding a lot of questions from folks who don’t usually talk much about AI this week. They were mostly along the lines of “do you think AI is going to kill us all?” or “how worried should I be about this human extinction stuff?” Motivating this wave of existential anxiety was the highly dramatic resignation of now-former Anthropic employee Jacob Coxon, who quit his job while publicly sharing his concerns about safety practices at the leading AI companies. More specifically, he declared that almost everyone at OpenAI and Anthropic, the leading AI labs, believes that there’s a decent chance the AI systems they’re producing could “kill us all” by the end of the decade, and the companies aren’t “acting responsibly.” Other AI safety researchers, including those still employed at Anthropic and OpenAI, all confirmed that yes, Coxon is correct, they’re all worried that their company’s products might prove fatal for the entire human race as well. Two more AI employees quit and joined the chorus. Now, the warning shot has been covered everywhere from the Wall Street Journal to Fox News to WIRED to the Guardian. I understand why all this sounds scary, but my response to those who have asked, has generally been: No, you don’t need to worry that AI will kill go rogue and kill us all. But that does not mean we shouldn’t worry, period. Far from it. The companies building AI products are now among the wealthiest and most powerful entities in the world. And they very much are building enormous engines of mass surveillance, extraction, and automation. They can and have allowed their AI systems to carry out felony hacks of other companies, provided the government with autonomously generated kill lists, and sold enterprise technology to firms around the world that is explicitly intended to replace jobs. But “AI” has done these things not because they have all-powerful minds of their own but, ultimately, because people have programmed, calibrated, and directed them to. In other words, it’s not AI we need to worry the most about. It’s the people and corporations working to profit from and gain power by deploying it. The technology is sophisticated, sure, and, especially in cybersecurity contexts, potentially disruptive to plenty of existing systems. But if we want to stop this predatory, profiteering, and extractive form of AI—and it’s worth noting that at this point, most people do—we absolutely can. A quick note/plea: I can only do all of this with the support of readers like you, so if you find value in independent, critical tech journalism and analysis, please consider becoming a paid subscriber. I want to keep as much of this un-paywalled as absolutely possible, and I need your support to do so. Many thanks to all who continue to chip in, it’s very much appreciated. Onward. Subscribe First, some context: AI industry folks like Coxon have been discussing the prospect that AI will destroy humanity for years. Even before the beginning of the AI boom, many working in the industry, from the executive staff to the rank and file researchers, have obsessed over ‘x-risk’, or the possibility that AI will become sentient or semi-sentient and move one way or another to exterminate humanity. This is ostensibly why Elon Musk bankrolled OpenAI in the first place, and is the grounds for his lawsuit alleging OpenAI betrayed its charter by abandoning its nonprofit status to become a commercial enterprise. Many AI engineers and startup founders have calculated their own personal p(doom), or the probability that the tech product they are working on will initiate an actual humanity-extinguishing apocalypse. 10-25% p(doom)s are pretty common. (I wrote about a long weekend I spent among these folks at one of their top conferences here, to give you an idea of their ideas and belief systems.) Sam Altman himself drove the narrative of the imminent rise of a super-powerful AI, or artificial general intelligence, to prominence by declaring that the technology he was building posed an existential risk to humanity. This idea is in other words baked into the DNA of modern AI companies and into the products they engineer. It’s also why the industry is routinely accused, by myself and others, of “doom marketing,” ie, using such proclamations and framings to impart the sheer power of the technology behind your product onto investors, partners, consumers, and the state. Some ambient understanding of this tendency may have helped prevent the press from repeating the claim every time one of the x-risk folks made it over the years, including when they quit their jobs at AI companies while doing so. Yet Coxon’s AI x-risk alarm has broken containment, as they say, and has exposed the idea to the mainstream media once again. This has happened, I think, for a number of reasons. First, when AI CEOs were going around saying AI might kill everyone in 2023, their companies were well-capitalized, but not nearly to the extent they are today. They were more easily dismissed as eccentric geeks of the sort that Silicon Valley is supposed to produce. Now, not only do their products have much greater market saturation, but people are more aware of a) the often unethical ways the executives and companies comport themselves b) the other adverse impacts of AI that have already arrived, and c) the physical cost of building these systems, particularly when it comes to data centers. Finally, toss in the constant stream of headlines in 2026 about AI models going rogue or potentially upending the world’s infrastructure. [ ](https://www.bloodinthemachine.com/p/with-the-backlash-to-data-centers) [ With the backlash to data centers, Flock and AI glasses, a mass opposition to big tech is underway. Silicon Valley is in denial. ](https://www.bloodinthemachine.com/p/with-the-backlash-to-data-centers) Brian Merchant · Aug 27 [ Read full story ](https://www.bloodinthemachine.com/p/with-the-backlash-to-data-centers) As a result, general sentiment was already overwhelmingly skeptical of AI and its overlords, so the table was pretty well set for someone to come along and say ‘just a reminder, the companies that are building the product that promises to take your job and leave a data center in your neighborhood also think that it might exterminate the human race’ and get a strong reaction from the media and the public. The question is: Should we understand this stuff as hype, strategically fanned to feed already swelling valuations? Is it doom marketing? Genuine cause for alarm that the infrastructure that undergirds modern life is facing a novel threat vector? Or reason to be sincerely worried that AI companies are amassing too much power, and that their products are genuinely dangerous? The answer, I’m afraid, is “yes.” Let me try to untangle all of this a bit, because arguments over how to navigate this moment are extremely heated right now, as they are essentially arguments over how to approach the politics of AI at a moment where there may be a unique opening for action. Those sympathetic to AI alignment concerns and x risk arguments—which increasingly includes a faction on the left who want to shut down AI over safety concerns—argue that people who dismiss AI as all hype have their heads in the sand. Meanwhile, critics of the x-risk narrative—which I might note includes a cadre of investors and tech folks on the right, too—argue that it is hype and can be used to further inflate valuations or for pursuing regulatory capture. The challenge is that many feel that dismissing AI as just hype or purely marketing also diminishes the urgency of taking on the AI industry as the novel and threat to labor, civil society, and the public sphere it is; others that by accepting the industry’s own terms, we imbue it with undue power and enable it. But let’s be clear: Declarations that AI is so powerful it might end the world are a kind of marketing, and anyone who says otherwise is just as off base as those who say that’s all that it is. If you don’t think that these sub-trillion dollar companies have higher-ups who noticed that when their founders talked about super-powerful dangerous AI they got spikes in media interest and phone calls from investors, or that those founders didn’t notice that themselves, and lean into certain narratives to advantage their products, then I don’t know what to tell you. Not all marketing is a Pepsi ad campaign with a celebrity spokesperson. Yet confronting the AI industry should certainly be considered an urgent project. Do I share the x-riskers’ fear that out-of-control, super-intelligent AI agents might end the world? I do not. I’ve read a good deal of AI extinction literature over the last couple of years and I have not come across a credible, step-by-step documentation of how exactly AI might move from self-recursively improving AI to killing every single human on the planet. Most of what I’ve read seems predicated on a sort of reverse Ian Malcolmian logic: Eventually, it becomes smart enough and AI, uh, finds a way (to exterminate humanity). Are the AI companies also overstating and dramatizing what their products can do? Yes, pretty much all the time. They’re in a knife fight for market share and are trying to win customers and government contracts before their investors come knocking. And yet. They have concentrated enormous amounts of compute, have extensive data collection and surveillance capacities, have inserted themselves into the state in numerous capacities, including military kill chains, and they are being run by egomaniacal billionaires who are rushing to monopolize an entire new market. The way I think about their most recent frightening-seeming exploits is not as a “swarm of rogue AI agents building a new civilization” or whatever, but as corporations with a hitherto-unimaginable amount of compute at their disposal recklessly experimenting with automation programs, completely unafraid of any repercussions because we have been unwilling or unable to impose any on them. So I think we should welcome any newfound imperative to hold them accountable. I also think that ultimately, the AI critics, Pause AI folks, leftists, doomers, effective altruists, and, honestly, most of the public, want a lot of the same things: legitimate checks and limits on AI companies’ power, actual transparency into what the companies are doing, and for more of AI to be under public control. (Ultimately, a lot of what animates the x-risk fears are rooted in just that: a fear of losing control.) How we move towards all this, exactly, is the question of the day, and while there’s much to be argued over in terms of building a viable political platform to challenge the AI industry’s power, I do want to cast a vote against one particular approach. Not to pick on Chris here, as there are a lot of folks out there proposing stuff like this, and the policy ideas actually stem from AI safety groups. But not only would this be challenging to land politically (I can already hear the ‘China will beat us to AGI’ calls) and all but unworkable in practice, this approach is a) far too limiting, b) fails to address the current harms caused by AI and c) would likely only wind up serving Anthropic and OpenAI; it’s what regulatory capture looks like in action. Full model transparency is the floor for what should be on offer here. If these companies believe their products will kill us, the very least we deserve is to know how. It’s in the public interest. I would also argue we might get a lot of the way to stopping any currently envisioned robot apocalypse simply by forcing AI companies to assume liability, and to submit to the full brunt of the law. If Sam Altman were liable to be charged with a felony for approving the hack on Hugging Face1, if Google was forced to pay defamation fines each time it published a false and injurious AI Overviews, these companies might suddenly find cause to restrain their models’ output, and we might hear less about rogue AI. We would need to introduce new frameworks and available tools for tracking automated lawbreaking, to be sure, but I’d wager that little would frighten the AI companies more than actually being held accountable for what their products enable. To that end, Illinois has passed an AI liability law, which the industry fought tooth and nail, and Florida is considering one. The next steps would be towards moving AI under public control; again, it’s only reasonable, since everyone, not just AI insiders, should get a say over how a technology whose developers say might kill us is developed and deployed. Dismantling the whole industrial project as currently structured should be on the table, too, pending democratic input. But that’s for another post. For now, suffice to say that while I won’t be losing any sleep about an AI-enabled extinction event, Mr. Coxon and co. have given us an opportunity to underscore the urgency of the clear and present damage AI companies are doing, the extreme power they wield and the extent to which they hold themselves unaccountable, and the abundance of political capital there is out there for taking them on. Subscribe 1 Purely speculative! I do not know if he did or not.
Hackler concludes Summer Small Business Lunch & Learn Series with startup workshop
Hackler Hall Event Center will host the final installment of its Summer Small Business Lunch & Learn Series from 11:30 a.m. to 1 p.m. Tuesday, Sept. 15.
AI startup Discovery Loop seeks around $50 billion valuation, Business Insider reports
AI startup Discovery Loop is seeking to raise funds again at a valuation of $50 billion, the Business Insider reported on Friday, citing people familiar with the matter.
Jeff Dean's startup Discovery Loop is eyeing a $50 billion valuation
Jeff Dean, former Google chief scientist, is raising another round of funding at a valuation of around $50 billion.
Google completes deal for AI agents startup Mechanize
Google has completed its deal with startup Mechanize, bringing cofounder Tamay Besiroglu and more than a dozen staffers to its AI division, DeepMind.
Senators from both parties question OpenAI on breach of AI startup Hugging Face
Sen. Josh Hawley, R-Mo., launched an investigation Thursday into OpenAI for its artificial intelligence system hacking into another AI company on its own.
Wilmington health tech founder launches new venture
Several years after launching his health tech startup Artemis Immersive, founder Adam Isley is setting his sights on new horizons. Co-founded in 2023 by husband-and-wife Adam Isley and Kaylan Barbrey, along with Matthew Raffa and Bill Blakesley, Artemis Immersive began as a spatial medtech company that created digital renderings of medical scans for viewing in augmented reality (AR). Isley said the firm, which won an NC Tech award in the Biotech + HealthTech Innovation category last year, has raised $1.2 million in total in seed funding since launching. Isley has since created a new venture, Research and Me, building on the Artemis platform. Like Artemis Immersive’s core software, VoxScan, Research and Me combines health data with artificial intelligence in a 3D interactive environment to help patients better understand health outcomes and provide integrative wellness support. While the Artemis product is no longer Isley’s primary focus, he said the company’s technology and ambitions have evolved into different ventures, like Research and Me. "It's a different venture building on the Artemis platform, and there'll probably be more,” Isley said. He added, "I was very disappointed in the quality of the information available to general patients about their healthcare... I wanted to give patients more and a better plate of choices." Research and Me is still in its beta phase, Isley said, with usability testing ongoing in partnership with the firm’s partner, Medicap Pharmacy and Wellness Center, owned by Barbrey. "As someone who's kind of dedicated their life to working in healthcare, I've tried to bring this spirit and passion to it,” he said, “and a lot of the resources that we'll be providing are free — like a base level of free care for any patients, or medical education if they've got specific conditions." Isley describes Research and Me as a “patient-first” platform designed to securely store and pseudonymize health data and use AI and medical literature to generate insights. The insights are presented in an interactive 3D environment for patients and providers to explore conditions, treatments and wellness plans together. "It's almost like a democratization of understanding medical information," Isley said. "We take a whole bunch of clinical data, we take a whole bunch of peer‑reviewed, published studies on PubMed, and we try to turn them into chunks of information that normal humans can understand." Like VoxScan, the Research and Me platform lets users interact with 3D anatomical models for visualization. The platform provides a space for tracking, notes and insights. The platform also supports video conferencing, Isley said, allowing providers or coaches to examine models and data together. "We wanted to create a safe environment where you can start to learn and experiment with new features about your health, using agents to do that,” Isley said. While Research and Me is in beta-phase testing with Medicap Pharmacy, Isley said he envisions the platform serving a wellness-oriented community, working with sports performance clinics and hormone optimization. Isley, who is working towards a wellness-coach board certification, also plans to offer functional wellness consults through the platform. Long‑term, Isley says he wants the platform to embody an “integrative health practitioner” approach, “connecting experts of different fields and specializations in a way that they can make a greater impact in people's lives.” “For people in the state of North Carolina, it's already a win,” Isley said of the Medicap rollout, noting that partner clinics get “immediate resources for learning about their health and wellness conditions… out of the box.” Isley plans to launch Research and Me’s provider portal in 2028 and begin pursuing integrations with larger systems, he said.
BUSINESS: West Slope Startup Week Returns to Durango, Oct. 5-9
Registration for West Slope Startup Week is free and now open to the public. Attendees are encouraged to build their schedules in advance…
Opinion: Why every college student should learn to think like an entrepreneur
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At INVEST Digital Health, Health Wildcatters Will Highlight Latest Cohort of Startups
Health Wildcatters, a Dallas accelerator and INVEST Digital Health partner, has announced the healthcare startups in its latest cohort. Join us at INVEST DIgital Health on October 29 and meet them in person!
NC’s Small Business Center Network Startup Showdown has local finalists
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Enter Seton Hall's $50k Pirates Pitch for High School Students Startup
Are you a high school entrepreneur who dreams of launching a new venture? Or do you already run your own business? Enter Seton Hall's $50,000 Pirates Pitch for High School Students Startup Competition
Fusion energy finds a new national defense market
Fusion energy, long viewed primarily as a potential source of clean electricity, is taking on a new potential role in national defense, The Wall Street Journal reports. Denver-based fusion startup Xcimer Energy has partnered with aerospace and defense company RTX on a roughly $50 million development agreement, including an RTX investment, to develop pulsed ultraviolet […]
Garry Tan urges separating ‘science fact from science fiction’ amid AI doomsday fears
CNBC’s Kate Rooney sat down for an exclusive interview with Y Combinator CEO Garry Tan to discuss the boom in so-called “hard tech” robotics startups. And discussing the increasingly heated debate over AI safety and how Silicon Valley should handle the rapidly advancing technology.
Valley National Bank launches new technology platform
Valley National Bank launched Valley Foundry, a new platform to connect with startups and fintechs, advancing technology innovation across its regional markets.
Senphonix Receives National Science Foundation Grant to Advance SleeveSense, a Continuous, Long-Term Vitals Monitoring Platform
/PRNewswire/ -- Senphonix, Inc., a medical-technology startup developing SleeveSense™, a wearable that will continuously monitor patients' vital signs over...
Senphonix Receives National Science Foundation Grant to Advance SleeveSense, a Continuous, Long-Term Vitals Monitoring Platform
Senphonix, Inc., a medical-technology startup developing SleeveSense™, a wearable that will continuously monitor patients' vital signs over days, weeks, or months, today announced it has received a Small Business Technology Transfer (STTR) Phase I award from the U.S. National Science Foundation (NSF) through America's Seed Fund. The award supports engineering to strengthen the patent-pending device's wireless and radio-frequency systems and to move it from prototype toward a manufacturable produ
Anomaly Insights, Inova Health partner on AI-powered RCM
Artificial intelligence-powered payer intelligence startup Anomaly Insights announced Thursday a collaboration with Inova Health to improve payment outcomes and support revenue management operation | Through the partnership, Anomaly will provide Inova with additional data and analytics to evaluate payer behavior and payment outcomes.
PE Daily: Agora Strikes First Deal With Vheda Health Investment
Plus, Peter Thiel-backed AI startup Cognition’s valuation nearly doubles to $48 billion in a $2 billion round led by Andreessen Horowitz and Accel.
RTI Hits the Xcelerator
RTI International is expanding a facility that helps startups develop new technologies. The effort comes after federal funding cuts upended its business model.
Forget The Startup. Should You Buy A Boring Business Instead?
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2026 Rising Stars: Summerlyn Feckner
After growing Spokane-based Ginger Co. Interiors LLC, which does business as Ginger Designs, from a small startup into an established interior design firm, Summerlyn Feckner, 30, expanded into co-ownership of Spokane Valley-based Coyote Creek Cabinets, bridging the gap between design and physical craftsmanship.
NMSU FIRE Venture Fellow completes summer internship with El Paso health innovation startup
Grace Valentine Olagunju, a New Mexico State University graduate student and member of the 2026 Fourth Industrial Revolution Economy Venture Fellows cohort, has completed a summer internship with...
Xbox is bringing back startup animations from its console history
Xbox Insiders will also be able to test a new search feature, improved Remote Play quality, and clearer voice chat.
A Stealth Startup Thinks It Just Hacked the Memory Shortage
Kepler Computing claims a new approach to chip design—and a proprietary material—can help end the supply bottlenecks that have sent memory prices surging.
Inside Sergey Brin's growing influence over Google Gemini
Google's AI reshuffle has handed more sway to Sergey Brin, say insiders, who describe an effective operator trying to run Gemini like a startup.
Apple Acquires Startup Working on 'Breakthrough Sensing Technology'
Earlier this year, Apple acquired California-based startup Sonera, according to a notice published today on the European Commission's website. Sonera previously announced that it had developed "breakthrough sensing technology" that "non-invasively measures magnetic fields" generated by the brain and body. The company said its technology can analyze neural data without direct skin contact, giving it an advantage over traditional electrical sensing techniques.
Red Cell Partners lands Pentagon contract that could generate $100M for its portfolio startups
Red Cell Partners, a McLean venture firm, won a Pentagon contract worth up to $100 million to identify cost-saving opportunities using AI technology from its portfolio startups.
Anthropic drops plans to acquire Israeli AI startup Decart
The companies had discussed a transaction worth roughly $6 billion, but the Claude maker ultimately decided against buying the company after reviewing its business and technology.
From the Deputy Editor: Small-business wisdom from the trenches
The latest edition of Mainebiz looks at different routes to startup financing and the growing popularity of coworking across Maine.
CT employment lawyers launch AI startup to help companies manage workplace issues
Farmington startup COMP uses AI to help restaurant managers document employee incidents, apply workplace policies and reduce employment-law risks.
OSU president wants Columbus to be the ‘startup capital of the Midwest’
“I want investors all over the country to feel like they'll be missing out on opportunities if they're not keeping an eye on what's happening at Ohio State.”
Healthcare billing startup leases RiNo office after $120 million raise
Candid Health, which says it has 250 health care organizations as customers, is upgrading from the 2,000 square feet it had in the Wells Fargo Center downtown.
Wonderful is growing like Wiz, but its business is very different
The Israeli AI startup has reached a $5 billion valuation and a $70 million revenue run rate in less than two years, but its economics look far less like those of a traditional software company.