All posts tagged: raises

Tesla (TSLA) raises Model Y prices by up to ,000 — first increase in two years

Tesla (TSLA) raises Model Y prices by up to $1,000 — first increase in two years

Tesla has increased Model Y prices in the US by up to $1,000 across its Premium and Performance trims. It marks the first price increase on the Model Y in two years. The move ends a prolonged period of aggressive price cuts that defined Tesla’s strategy throughout 2024 and 2025, signaling a potential shift in how the company views demand for the world’s best-selling electric vehicle. New Model Y pricing breakdown Here’s the full picture of today’s changes: Model Y Premium RWD: $45,990 (up $1,000) Model Y Premium AWD: $49,990 (up $1,000) Model Y Performance AWD: $57,990 (up $500) Model Y RWD (base): $39,990 (unchanged) Model Y AWD (base): $41,990 (unchanged) The increases are modest — under 3% on affected trims — but the direction matters far more than the magnitude. Tesla deliberately left the base Model Y trims untouched, protecting the entry point for price-sensitive buyers while extracting more margin from the higher-trim configurations that carry better profitability. Advertisement – scroll for more content End of the discounting era? Tesla spent the past two …

Cerebras raises .5B, then stock pops 8%, in the first huge tech IPO of 2026

Cerebras raises $5.5B, then stock pops $108%, in the first huge tech IPO of 2026

Cerebras Systems raised $5.5 billion in its IPO on Thursday, pricing shares at $185 Wednesday evening, way higher than its range ($115 to $125, later raised to $150-$160), even as it increased the size of the offering to 30 million shares. It then opened to public trading at $385, more than double (up 108%), as retail investors bid up the price to grab them. The stock cooled only slightly soon after. It is currently trading heavily mid-day at above $330. Even at the IPO price of $185, the company entered its first day of trading at a fully-diluted valuation of $56.4 billion (meaning, accounting for all shares). Co-founder CEO Andrew Feldman’s stake at $185/share is worth nearly $1.9 billion, while co-founder CTO Sean Lie’s stake weighs in at about $1 billion. And obviously, if the above $300 price holds, the company and founders will end the day worth far more than that. A year ago, it looked like this day would never happen for Cerebras. The Nvidia competitor, which designed its giant chip from scratch, …

Rivian spinoff Mind Robotics raises another 0M

Rivian spinoff Mind Robotics raises another $400M

Rivian’s spinoff company Mind Robotics has raised another $400 million, just two months after raising $500 million, as it works to develop industrial robotics that can further automate factory operations. The funding round, first reported by the Wall Street Journal, was led by Kleiner Perkins. The venture arms of Volkswagen, which is partnered with Rivian on a software joint venture, and Salesforce also contributed investments. Rivian CEO RJ Scaringe, who is chairman of Mind Robotics, told TechCrunch in March that he created the company because he felt other startups were not fully-equipped to automate industrial work. He started the project — initially known as “Project Synapse” — as an effort to build “robotics with human-like skills.” Mind Robotics had previously raised $115 million from Eclipse after it was created in 2025. The new funding round brings the total raised to more than $1 billion, and values Mind Robotics at more than $3 billion, according to the Wall Street Journal. Scaringe also helped create and spin out a micromobility company called Also, which has raised more …

Exaforce raises 5M Series B to build AI for catching and stopping cyberattacks as they happen

Exaforce raises $125M Series B to build AI for catching and stopping cyberattacks as they happen

As bad actors weaponize AI to exploit software vulnerabilities at unprecedented speed, companies are increasingly recognizing the need to bolster their cybersecurity defenses. Fortunately, those very AI tools are also helping businesses fight back. The need for such capabilities has helped Exaforce, an AI startup that detects and thwarts attacks in real time, secure a $125 million Series B. The round valued the three-year-old startup at $725 million, and saw participation from HarbourVest, Peak XV, Mayfield, Khosla Ventures, and Seligman Ventures. The massive funding round comes just a year after Exaforce raised a $75 million Series A, bringing its total funding to $200 million. The influx of capital underscores both the high cost of building and selling an AI-enabled security operations center (SOC), and the massive market opportunity investors see in the space. Exaforce says it uses AI agents, called “Exabots,” with deep data analysis to automate security operations, taking the heavy lifting off of human analysts. For the startup’s co-founder and CEO Ankur Singla, the mission is straightforward: Apply AI to catch and stop …

Kodiak AI raises 0M at a steep discount, sending its stock tumbling 37%

Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%

Kodiak AI’s stock tumbled 37% in after-hours trading Thursday after the self-driving truck startup disclosed it had raised $100 million by selling shares at a steep discount — a sign that investors were willing to back the company but not at its current market price. The company sold shares at $6.50 each, well below its closing price of $9.10, according to a filing with the Securities and Exchange Commission (SEC). The raise also included warrants — instruments that give investors the right to buy additional shares later at a set price, in this case as low as $6. The financing came from existing backer Ares Management and several unnamed institutional investors. The influx of capital comes as Kodiak pushes forward on the expensive task of scaling its self-driving trucks business, which covers off-road industrial settings and public highways, with the ultimate goal of eventually spending less than it earns. Kodiak reported revenue of $1.8 million in the first quarter, up from the $1.4 million it logged in the same period a year prior. The company’s loss …

Congo President Raises Prospect of Third Term and Vote Delay, Angering Opposition

Congo President Raises Prospect of Third Term and Vote Delay, Angering Opposition

KINSHASA, May 7 (Reuters) – Democratic Republic of Congo President ⁠Felix ⁠Tshisekedi said he was open to ⁠standing for a third term, angering opposition politicians who accused him of planning ​to break through mandate limits in the constitution and cling to power. Tshisekedi also said fighting in the east could make ‌it impossible to hold the next ‌presidential vote on time in 2028 – raising the prospect of a delay that could prove equally divisive in the ⁠mineral-rich nation ⁠which has endured decades of conflict. Congo experienced a prolonged political crisis under former ​president Joseph Kabila after he delayed elections beyond the end of his mandate in 2016, triggering deadly protests and international condemnation. OPPOSITION FIGURE WARNS AGAINST ‘SLIDE’ “I have not asked for a third term, but if the people want a third term, I will ​accept,” Tshisekedi told a press conference late on Wednesday, responding to a question about recent proposals by allies ⁠to ⁠revise the constitution.  Congo’s constitution currently ⁠limits presidents to ​two terms. Tshisekedi said any change would require a constitutional …

Space analytics firm HawkEye raises 6 million in US IPO

Space analytics firm HawkEye raises $416 million in US IPO

May 6 : Space analytics firm HawkEye 360 has raised $416 million in its U.S. initial public offering, the company said on Wednesday. The Herndon, Virginia-based firm sold 16 million shares priced at $26 apiece in the IPO, giving it a valuation of roughly $2.42 billion. It had targeted a price range of $24 to $26 per share.  After a strong April, IPO activity is expected to pick up in the coming months, with HawkEye 360 and Suja Life set to test investor demand for defense technology and consumer brands, respectively. HawkEye will also gauge appetite for space-technology offerings, as investors await a public filing from SpaceX that could bolster confidence among peers to pursue listings and tap equity markets.   Founded in 2015, HawkEye provides signal-intelligence data to defense, intelligence and national security agencies, using satellites to detect, locate and analyze radio frequency emissions worldwide. HawkEye operates more than 30 satellites, with the U.S. government and allied nations accounting for a bulk of its revenue. In December, the company acquired ISA, expanding its capabilities in …

Axon raises annual revenue growth forecast on strong software, security device demand

Axon raises annual revenue growth forecast on strong software, security device demand

May 6 : TASER-maker Axon Enterprise raised its full-year revenue growth forecast on Wednesday, betting on strong demand for its software products and security devices. Shares of the company, which makes law enforcement technology, rose 1.4 per cent in extended trading. Software segment revenue grew during the quarter, driven by new users and the increased adoption of premium software offerings by existing customers. The company expects 2026 revenue growth to be in the range of 30 per cent to 32 per cent, compared to 27 per cent to 30 per cent previously. AXON provides police body cameras in the U.S. and supplies drone systems to law enforcement across North America, Europe and Australia.  On an adjusted basis, Axon earned $1.61 per share for the quarter ended March 31, while analysts on average estimated $1.60 apiece, according to data compiled by LSEG. Its quarterly revenue was $807.3 million, compared with estimates of $778.5 million. Source link

Are adult ADHD clinical trials testing the right patients? A new study raises doubts

Are adult ADHD clinical trials testing the right patients? A new study raises doubts

More than half of major clinical trials testing treatments for adult ADHD did not adequately verify that participants actually had the condition, raising serious concerns about the reliability of the evidence underpinning current care. This new study was published in European Psychiatry. Attention-deficit/hyperactivity disorder (ADHD) was originally described as a childhood condition, defined by observable behaviors that parents and teachers could report, such as excessive running, an inability to sit still, or constant interruption. However, in recent decades, ADHD diagnoses in adults have risen sharply. This surge has prompted growing concern among researchers and clinicians about whether the diagnostic criteria—originally tailored for children—are fit for purpose when applied to adults. The challenge is significant. To be diagnosed, adults must reflect on and self-report their own internal experiences (such as feeling distracted or restless) and recall childhood behaviors that occurred decades earlier. Many symptoms of adult ADHD can also be caused by depression, trauma, anxiety, and other mental health conditions. Without carefully ruling out these alternatives through a thorough, differential psychiatric assessment, misdiagnosis can easily occur. …