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How AI Is Disrupting Venture Capital and Startup Investing
Artificial intelligence is transforming nearly every industry, and venture capital may soon face disruption as well. For decades, venture capitalists have played a critical role in identifying promising startups, investing early, and helping founders grow their companies. Now, however, the same AI technologies that investors are funding may challenge the traditional venture capital model itself. As machine learning tools become capable of analyzing startup data, evaluating ma
Covertly AI
Mar 144 min read


Teen Built $40M AI Calorie App, Sells Cal AI to MyFitnessPal in Major Health Tech Deal
MyFitnessPal has acquired Cal AI, the viral AI powered calorie tracking app built by teenage founders, marking one of the most notable consumer AI deals of the year. The acquisition follows months of pursuit and reflects a broader shift in health tech, where legacy platforms are increasingly buying fast growing AI native startups rather than attempting to rebuild their own systems from scratch (Bort; The Tech Buzz). Cal AI was founded by Zach Yadegari, now 19, who began build
Covertly AI
Mar 34 min read


OpenAI’s Quiet Power Move: Why Executive AI Is Suddenly a Priority
OpenAI has begun the new year with another strategic acqui-hire, announcing that it will acquire the team behind Convogo, an AI-powered business software platform designed to support executive coaches, consultants, talent leaders, and HR teams. Convogo’s product focused on automating leadership assessments and streamlining feedback reports, helping professionals reduce administrative workload while improving the quality of insights delivered to clients. While the acquisitio
Covertly AI
Jan 113 min read


Subtle Voicebuds Bring Private AI Voice Control to Noisy Environments
Voice AI startup Subtle has introduced a new pair of wireless earbuds designed to make voice a practical everyday interface, even in environments where speaking aloud has traditionally been unreliable or uncomfortable. Unveiled ahead of the Consumer Electronics Show in Las Vegas, the earbuds, called Voicebuds, aim to solve two persistent problems with voice technology: background noise and lack of privacy in shared spaces. By combining proprietary noise isolation models wit
Covertly AI
Jan 103 min read


How AI Is Replacing Cashmere With Sustainable, Waste-Derived Fibers
Cashmere sweaters have become widely available at surprisingly low prices, offering consumers access to a fiber prized for its softness, warmth, and lightweight feel. But behind these bargains is a growing sustainability problem. Cashmere comes from the fine undercoat of specific goat breeds, and each goat typically produces only four to six ounces of usable fiber per year through two shearings. As demand has surged and prices have fallen, herders have been pressured to she
Covertly AI
Dec 16, 20253 min read


NestAI Secures €100M and Partners With Nokia to Lead Europe’s Physical AI
Finland’s emerging AI startup NestAI has captured significant attention after securing €100 million (about $115 million) in new funding and unveiling a strategic partnership with Nokia to advance artificial intelligence for defense and autonomous systems. The round, led by Finland’s sovereign wealth fund Tesi alongside Nokia, signals a major vote of confidence in the company’s mission to build AI technologies that can be deployed in unmanned vehicles, autonomous operations, a
Covertly AI
Nov 23, 20253 min read


SoftBank Sells $5.8B Nvidia Stake to Supercharge Its AI Ambitions
SoftBank Group Corp. has once again made headlines with its decision to sell its entire stake in Nvidia Corp. for $5.83 billion, a move aimed at fueling its growing investments in artificial intelligence. The sale, though surprising to some investors, reflects founder Masayoshi Son’s ambition to position SoftBank as a dominant player in the expanding AI ecosystem (Bloomberg; Wall Street Journal). Son’s vision extends beyond software and into large-scale infrastructure, from S
Covertly AI
Nov 11, 20253 min read


Anthropic Secures $60 Billion Valuation Amid Generative AI Boom
Anthropic, a trailblazing artificial intelligence startup, is on the brink of securing $2 billion in a funding round that will propel its...
Covertly AI
Jan 30, 20252 min read


AI Powerhouses Tenstorrent and Nebius Secure $700 Million Investments to Revolutionize the Industry
Two major players in the AI landscape, Tenstorrent and Nebius Group, have each secured $700 million in funding to bolster their efforts...
Covertly AI
Dec 7, 20243 min read


Jeff Bezos Backs AI Chipmaker Tenstorrent in $2.6 Billion Bet
Jeff Bezos, the founder of Amazon, has joined forces with prominent investors such as Samsung and LG to back Tenstorrent, an AI hardware...
Covertly AI
Dec 3, 20243 min read


Saudi Aramco Allocates $100 Million for AI Investments, Accelerating Saudi Arabia's Global AI Ambitions
Saudi Aramco's venture capital arm, Wa'ed Ventures, has earmarked $100 million to invest in early-stage artificial intelligence (AI)...
Covertly AI
Oct 28, 20243 min read
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