Hermes agent maker Nous Research in talks for new funding at $1.5B valuation; plus, Pinwheel launches a retro-inspired landline phone for kids

Hermes agent maker Nous Research in talks for new funding at $1.5B valuation; plus, Pinwheel launches a retro-inspired landline phone for kids

The company is raising at least $75 million, led by Robot, with significant participation from USV and other prominent investors. Also, kid-friendly tech company Pinwheel announced the launch of a new landline phone designed to let children stay connected without the distractions of a smartphone. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Phia accused of ‘cookie stuffing,’ an AI agent startup just let its agent run its $100 million fundraise, plus, Oratomic to build a viable quantum computer that needs only 20K qubits

Phia, the shopping startup founded by Bill Gates’ daughter, Phoebe, and her friend, Sophia Kianni, is under fire for a practice known as “cookie stuffing,” which helped the product receive commissions and credit for sales it did not actually generate, per a Bloomberg investigation. Also, Lyzr, a startup that builds AI agents for enterprises, used its own AI agent to raise a $100 million round — proof, evidently, that the product actually works. Plus, the new startup raised $300 million co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round; plus, popular open source AI developer tool Ollama raises $65M

AI chip maker SambaNova has raised at an $11 billion valuation months after Intel was rumored to be trying to buy it for about $1.6 billion. Plus, Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on Github by helping developers easily run AI on their PCs. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Venus Aerospace raises $90M Series B to build a new kind of rocket engine; plus, Blue Origin reportedly raising $10B at $130B valuation

Build a new kind of rocket engine, and the world will beat a path to your door. Also, Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself and other big-name investors, the New York Times reported. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Bidbus pits dealerships against each other to bid on your used car; Savi’s app aims to protect consumers from realistic AI scams like kidnappers demanding ransom

Bidbus, which lets dealerships bid on used cars, has raised $15 million in a Series A round that was led by early-stage mobility fund Ibex Investors. Also, Savi just raised $7 million in seed funding, and is launching its app for iPhone and Android on Tuesday. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]