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The AI Funding Surge Cognition, the makers of the autonomous AI software engineer named Devin, has raised more than $1 billion at a $25 billion pre-money valuation, the company announced on Wednesday. Valuation Leap That’s a major leap from its $10.2 billion post-money valuation when it closed a $400 million funding round just eight months ago in September. Investor Lineup The round was led by Lux Capital and General Catalyst, with existing investors pouring in, including Founders Fund, 8VC, and others. The round also included new investors Ribbit Capital, Atreides, and Layer Global. Market Confidence This is a giant vote of confidence from top-tier VCs that there will be room for independent AI software coding startups. Last year, all signs pointed to model makers swallowing this hot market themselves. Certainly Anthropic’s Claude Code, OpenAI’s Codex, and maybe even Google’s coding agent Jules, (after Google’s acqui-hire deal of Windsurf last year), have captured a lot of it. Customer Traction But Cognition, which acquired the remaining bits of Windsurf last year, says it counts big enterprises like Mercedes-Benz, NASA, Goldman Sachs, and Santander as customers. It also says it’s reached $492 million in annualized revenue run-rate as enterprise usage of Devin has grown 50% month over month for the past six months.

The Final Hour: Apply for Startup Battlefield 200 Today The application window for Startup Battlefield 200 closes today at 11:59 p.m. PT. This is the last chance for founders to apply or nominate a startup for a chance to compete for $100,000 in equity-free funding, gain global visibility, and connect directly with investors on the TechCrunch Disrupt stage. What Startup Battlefield 200 Offers Selected companies will showcase at TechCrunch Disrupt in front of 10,000+ attendees, leading venture capital firms, global media, and the broader TechCrunch audience. Founders gain direct investor access, live exposure, and the opportunity to prove they belong among the next generation of category-defining companies. Every selected company pitches live, whether on the Disrupt Stage or the Pitch Showcase Stage. Founders get direct investor access, live exposure, and the opportunity to prove they belong among the next generation of category-defining companies. The Impact of Startup Battlefield 200 More than 1,700 startups have participated in Startup Battlefield over the years. Together, they've raised over $32 billion and produced more than 250 exits, including acquisitions by Microsoft, Google, Salesforce, Uber, and Amazon. Eligibility and Application Applications are open globally across industries. Most selected startups are pre-Series A, though select Series A companies may qualify. To apply, startups should: Be building innovative, potentially category-defining products. Have a strong founding team. The Stakes Thousands apply every year. Only 200 are selected. Just 20 finalists pitch on the main Disrupt Stage. One startup wins $100,000 in equity-free funding. The Prediction If you're building something category-defining — or know a startup that deserves the spotlight — submit your nomination and complete your application before time runs out. The deadline closes tonight, 11:59 p.m. PT.

The Final Countdown for Early Bird Tickets There are only 3 days left to save up to $410 on your ticket to TechCrunch Disrupt 2026. Early Bird pricing ends May 29 at 11:59 p.m. PT, and once the deadline passes, ticket prices increase. What to Expect at TechCrunch Disrupt 2026 From October 13–15 at Moscone West in San Francisco, TechCrunch Disrupt brings together 10,000+ founders, investors, operators, and innovators driving the future of technology. Founder Pass: Connect with investors, gain practical insights, and access the tools and relationships that help startups grow faster. Investor Pass: Meet emerging startups, discover new investment opportunities, and maximize every conversation with curated networking tools. The Importance of Securing Your Ticket Now Whether you’re raising capital, scouting investments, hiring talent, launching a startup, or building strategic partnerships, Disrupt is designed to put you in the middle of the conversations shaping what’s next. The countdown is on. Early Bird pricing disappears May 29 at 11:59 p.m. PT. Secure your ticket now and save up to $410 before rates increase.

Lead: Beijing’s New Guard on AI Human CapitalChina is increasingly keeping its best AI talent to itself, imposing travel restrictions and mandatory government approval for foreign capital. The policy reflects a broader strategy to treat AI as both an economic engine and a national‑security priority.Travel Bans and Approval Requirements Target Top ResearchersResearchers, startup founders, and executives now need official clearance before traveling abroad.Restrictions were first reported by the Wall Street Journal in March 2025, advising top AI founders to avoid the U.S.Recent cases include the two co‑founders of Manus, barred from leaving China amid the Meta acquisition review.Quantifying the Controls: Deals, Funding, and Performance GapsMeta’s acquisition of Manus valued at $2 billion is under investigation for breaching foreign‑investment rules.The co‑founders are exploring a $1 billion buy‑back from external investors to unwind the deal.Stanford’s AI Index shows the performance gap between top U.S. and Chinese models narrowed to 2.7 % in March 2026, down from 31 % in 2023.China plans to require sign‑off before firms like Moonshot AI, StepFun, and ByteDance can accept U.S. capital, per Bloomberg (April 2026).2025 saw two rounds of export controls on 14 rare‑earth materials and a ban on state‑funded data centers using foreign AI chips.Implications for the Global AI Race and Capital FlowsThe restrictions tighten Beijing’s control over a talent pool that fuels rapid model training and fine‑tuning. While the U.S. still leads in model quality and high‑impact patents, China’s surge in publications, citations, and patent volume threatens to erode that advantage. Investment curbs could also deter U.S. venture capital, reshaping funding pathways for Chinese AI startups.Looking Ahead: Continued Containment or Strategic Opening?Analysts expect China to maintain, if not expand, travel and capital controls as it consolidates AI capabilities. Potential outcomes include a slower pace of cross‑border collaboration, increased domestic funding mechanisms, and heightened regulatory scrutiny of foreign acquisitions. The policy trajectory will likely influence whether China can sustain its rapid catch‑up without alienating key international partners.

Human Archive, a Silicon Valley‑based startup, announced on May 26, 2026 that it has raised $8.2 million to scale a network of gig‑economy workers in India who wear sensor‑rich caps and gloves to capture egocentric video, depth and tactile data. The data is intended to train robots for real‑world tasks, addressing a critical bottleneck in physical‑AI development.Human Archive Secures Funding to Harvest Gig‑Economy Data for Robot TrainingInvestors: Wing Venture Capital, NVP Capital, Y Combinator, angels from OpenAI, Nvidia, Google, Meta and others.Founders: Samay Mani, Rushil Agarwal, Shloke Patel and Raj Patel (Berkeley and Stanford alumni).Current deployment: > 1,000 active headsets across home‑services, hostel and restaurant partners.Funding Round and Deployment Scale: Numbers Behind the PushCapital raised: $8.2 million in Series A.Hardware portfolio: > 50 device types, including 7 custom rigs (caps, tactile gloves, full‑body motion‑capture suit, wrist cameras).Worker compensation: $1 per hour for data collection (vs. industry average $2.6‑$4.2).Geographic reach: Primary operations in India, early pilots in Southeast Asia and the United States.How India’s Gig Workforce Could Accelerate Physical AIThe startup leverages the massive, on‑demand labor pool created by platforms such as Zomato, Swiggy, Urban Company, Snabbit and Pronto. By embedding sensors in everyday service visits, Human Archive creates a continuous stream of high‑quality, real‑world training data that traditional robotics labs lack. The approach also offers workers a discounted service option in exchange for consent, turning a routine gig into a data‑generation event.Scaling the Data Engine: What Comes Next for Robot‑Ready DatasetsProduct roadmap: Expand custom hardware suite, improve multi‑sensor synchronization, and launch a marketplace for third‑party data licensing.Partnership outlook: Seek deeper collaborations with AI labs, universities and robot manufacturers; overcome resistance from major home‑service players like Urban Company and Pronto.Regulatory watch: Ensure compliance with India’s Digital Personal Data Protection (DPDP) Act as the Ministry of Electronics reviews consent mechanisms.If Human Archive can sustain its hardware rollout and broaden its partner ecosystem, it may become a cornerstone supplier for the next generation of robots that can clean, cook and perform complex household tasks worldwide.

Four Days Left to Lock in Early‑Bird SavingsOnly four days remain for startups and investors to secure the lowest ticket rates for TechCrunch Disrupt 2026. The conference runs October 13‑15 at San Francisco’s Moscone West, gathering more than 10,000 founders, investors, and operators.Ticket Pricing Structure and Upcoming DeadlineCurrent early‑bird passes provide a discount of up to $410 compared to post‑deadline pricing. After May 29, 11:59 p.m. PT, rates increase, and the opportunity to save disappears.Early‑bird pass: up to $410 offStandard pass: full price after deadlineDeadline: May 29, 11:59 p.m. PTFinancial Incentive: Up to $410 Discount Before May 29The price differential translates into a tangible budget advantage for early‑stage companies. For a typical startup conference budget of $2,000‑$3,000, a $410 reduction represents a 15‑20% saving, freeing capital for travel, demo preparation, or post‑event follow‑ups.Why Early‑Bird Attendance Matters for Founders and InvestorsBeyond cost, the early‑bird window signals a strategic commitment to visibility and credibility. Disrupt’s agenda is divided into six industry stages—Builders, AI, AI in the Real World, Smart Money, Smart Systems, and the main Disrupt Stage—each designed to move founders from surface‑level exposure to trusted relationships.250+ sessions and roundtables provide repeated touchpoints with investors.300+ startup showcases ensure continuous visibility.Networking at the main stage amplifies narrative control for participating companies.What the Deadline Signals for the 2026 Startup LandscapeThe rush to lock in early‑bird tickets reflects heightened competition for attention in a crowded tech ecosystem. Companies that secure their passes now are positioning themselves to:Engage with investors who prioritize credibility over mere visibility.Demonstrate commitment to emerging trends—AI, fintech, and sustainable systems—highlighted in the conference tracks.Leverage the concentrated environment to accelerate fundraising cycles and partnership pipelines.As the deadline approaches, the firms that act quickly will likely shape the conversations that define the next wave of tech innovation.

The Final Call for Startup Battlefield 200 The deadline to apply or nominate for Startup Battlefield 200 is May 27. This program offers early-stage startups a shot at VC access, global visibility, TechCrunch coverage, and $100,000 in equity-free funding. If you're building a breakout startup — or know a founder who is — now is the time to move. Opportunity to Showcase on the TechCrunch Disrupt Stage Apply today for the opportunity to take the TechCrunch Disrupt Stage alongside 200 of the world's most promising early-stage startups. Pre-Series A founders, this is your last call: The strongest startups are already entering the arena, and the application window is closing fast. If your startup has already been nominated, don't wait to finish your application. The final week always moves quickly, and last-minute submissions risk getting buried as applications surge ahead of the May 27 deadline. Success Stories from Startup Battlefield 200 Some of the most consequential companies in tech history didn't launch with splashy fundraising announcements. They started with a pitch. Dropbox demoed to a room full of skeptics. Cloudflare took the stage before most people understood what edge networking meant. Discord was still a scrappy gaming startup called Hammer & Chisel. They all passed through the same crucible: Startup Battlefield 200. That's not a coincidence — it's a pattern. And it starts with an application. The Financial Impact of Startup Battlefield 200 More than 1,700 companies have competed in Startup Battlefield 200. Together, they've raised over $32 billion and generated more than 250 exits, including acquisitions by Microsoft, Google, Salesforce, Uber, and Amazon. The network runs so deep that alumni have even acquired each other: Dropbox acquired fellow Battlefield 200 alum DocSend in 2021. This is also the same launchpad that helped accelerate companies like Fitbit, Trello, and Mint. Why This Matters for Early-Stage Startups Startup Battlefield 200 has never been a competition for the most polished companies. It's a competition for the most promising ones. Pre-launch is fine. No revenue is fine. What matters is whether what you're building genuinely changes something — not incrementally, but meaningfully. Selected startups will showcase live on the Disrupt Stage in front of 10,000+ attendees, leading VCs, global media, and the broader TechCrunch audience. This is your opportunity to gain investor exposure, receive direct VC feedback, and prove your company belongs among the next generation of category-defining startups. The Future of Startup Battlefield 200 Thousands apply every year. Only 200 are selected. Just 20 finalists pitch live on the Disrupt Stage. One startup takes the crown and wins $100,000 in equity-free funding. The founders who wait until they feel ready often wait too long. You do not need to be polished. You need to be promising. If you've been sitting on this, here's the reality: The worst outcome is you don't get selected this cycle — and you come back next year with a stronger application because you went through the process. If you're building something category-defining — or know a startup that deserves the spotlight — submit your nomination and complete your application before May 27.

The Countdown Begins: Secure Your Spot at TechCrunch Disrupt 2026 Only five days are left to take advantage of early bird savings for TechCrunch Disrupt 2026, with potential savings of up to $410. This premier global startup event will converge at Moscone West in San Francisco from October 13-15, 2026, bringing together over 10,000 founders, investors, and operators. Unlock Access to Top Investors and Founders Attendees will have the opportunity to engage with active founders, top-tier investors, and operators scaling real companies. The event features: Candid, tactical, and unfiltered insights from industry leaders Explore sessions led by tech leaders on the agenda page More than 20,000 curated meetings and dedicated environments for networking 80+ Side Events across the Bay Area for extended networking and workshops The Value of Early Bird Registration Registering before May 29 at 11:59 p.m. PT not only saves you up to $410 but also provides a unique chance to: Connect directly with investors and founders Compress timelines and accelerate deal-making Gain immediate feedback and adjust your strategy Don't Miss Out: Secure Your Pass Today Early Bird pricing ends May 29. After that, ticket prices increase. Register now to maximize your opportunities and put yourself in the room where deals start. Register now to save up to $410 and secure your spot at the center of the startup ecosystem.

The Lead When the founders of a mental health app for men called Mental discovered that one feature — AI interactive audio — was resonating strongly with users, they recognized a significant opportunity. This insight led to the creation of The Path, a new AI therapy application co-founded by renowned motivational speaker Tony Robbins and former Calm employees, which has now secured $14.3 million in seed funding. The Birth of a Safer AI Therapy Platform The Path emerged from observations made by co-founder and CEO Anson Whitmer and co-founder Tyler Sheaffer, who previously worked together at meditation app Calm. Whitmer's personal experiences with suicide in his family inspired him to pursue mental health technology. After working at Calm until 2021, he felt he could make a greater impact by addressing the unique, personal nature of people's mental health challenges. Whitmer sees large language models (LLMs) and AI as the bridge to providing personalized mental health care to everyone, especially given the shortage of therapists worldwide. "What's exciting and game-changing is that, for the first time in my career, I've seen that there's actually this possibility for every single person to have the personalized sort of access and care that they need to really get the help," he said. Funding and Celebrity Endorsement The Path has successfully raised $14.3 million in seed funding, led by Prime Movers Lab where Tony Robbins is a partner. Other notable investors include Olympic speed skater Apolo Anton Ohno, boxer Deontay Wilder, and Designer Fund. After Prime Movers invested, Robbins initially consulted on branding but his enthusiasm grew, leading to him becoming a co-founder. The author has since helped shape The Path into a therapy-plus-coaching app that incorporates his popular self-improvement methods. The app currently offers 11 virtual AI therapists that users can customize based on their preferences for directness and other details. While it's currently free to gain users, The Path plans to eventually charge $40 per month for the service. Superior Safety Benchmarks A key differentiator for The Path is its specially trained AI model, which has scored a 95 on the Vera-MH mental health safety AI benchmark. This significantly outperforms consumer chatbots, which top out at 65 on the same benchmark. According to Whitmer, consumer chatbots are "optimized for engagement," which is counterproductive to effective therapy and coaching that should focus on deep understanding rather than quick solutions. "It's meant to challenge you. It's not just meant to agree with you," Whitmer explains. The Path's AI is designed to help users dig out their assumptions and discover their own solutions rather than simply reinforcing ideas to keep users engaged. The startup's model is post-trained from open source models and doesn't use major consumer LLMs, positioning it as a specialized therapeutic tool rather than a generic chatbot wrapper. Market Potential and Future Outlook The mental health tech market is experiencing significant growth, with OpenAI reporting that at least 900 people use ChatGPT for mental health-related queries every week. This demonstrates the clear demand for AI-powered mental health solutions. However, The Path aims to capture a specific segment of this market by focusing on therapeutic rigor and safety. As mental health awareness continues to grow and technology becomes more sophisticated, AI therapy platforms like The Path could play an increasingly important role in addressing global mental health challenges. The combination of Tony Robbins' brand recognition, the technical expertise of the Calm alumni team, and the specialized focus on therapeutic safety positions The Path as a notable contender in the emerging field of AI-powered mental health care.