Wednesday, September 2, 2026

Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M (Samantha Kelly/Bloomberg)

Samantha Kelly / Bloomberg:
Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M  —  Lyte, a fast-growing robotics and artificial intelligence startup from top members of Apple Inc.'s Face ID team …



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Sources: DeepSeek's annualized revenue run rate hits $1B, up from less than $500M a few months ago, as it aims to finalize a ~$7.5B fundraise by late October (The Information)

The Information : Sources: DeepSeek's annualized revenue run rate hits $1B, up from less than $500M a few months ago, as it aims to f...