Iain Martin is a senior editor who covers tech, startups and venture capital out of London, England. Iain edits the Midas List, Midas Seed List, Midas List Europe, and Forbes 30 Under 30 Europe Technology. In 2024, he won a SABEW Award for his coverage of Stability AI, and has
AI Startup Flapping Airplanes Is In Talks To Raise Funding At A $5 Billion Valuation
The data efficiency startup is researching a better way to train AI models using less data.
American Open-Source Labs Think They Can Beat China’s Best AI Startups
Chinese open-source models like Kimi and Deepseek are now dominant AI tools. American startups like Thinking Machines, Reflection AI and now Poolside are trying to challenge that.
How Bending Spoons Built A $18.4 Billion Empire By Buying Internet Has-Beens Like AOL
Buying busted apps made Bending Spoons’s four cofounders billionaires. Now their stakes have collectively jumped to $8.9 billion after the Milan-based startup scrap yard listed on Nasdaq at an $18.4 billion valuation.
AI Startups With No Revenue Are Using This Tactic To Supersize Their Valuations
Funding rounds where VCs can invest at wildly different prices are helping AI founders raise unprecedented amounts of money at sky-high valuations, before they even have a product.
Pandemic Darling Hopin Was Sold For Scraps. Now Its Founder Is Working On An AI Device
Johnny Boufarhat’s virtual events startup Hopin soared to a $8 billion valuation in 2021 but the business was sold for parts just two years later. He’s back with a new AI gadget startup Sedona