CVector, an AI startup that builds a brain‑like software layer for heavy industry, announced a $5 million seed round led by Powerhouse Ventures. The funding will accelerate the rollout of its platform, which translates small operational actions into measurable cost savings for clients such as utilities, manufacturers, and chemical producers. With a growing roster of customers and a team of about a dozen engineers, CVector aims to embed AI‑driven economics into the core of industrial decision‑making. Read more →

Turbo AI, founded by 20‑year‑old college dropouts Rudy Arora and Sarthak Dhawan, has grown from one million to five million users within six months. The Los Angeles‑based startup offers an AI‑driven note‑taking and study tool that records, transcribes, summarizes, and creates flashcards, quizzes, and a chat assistant. Its user base now includes students at top universities and professionals at firms such as Goldman Sachs and McKinsey. With eight‑figure annual recurring revenue, cash‑flow positivity, and a cautious $750,000 funding round, Turbo AI remains profitable while exploring new pricing models. Read more →

Fal.ai, a platform that hosts image, video, audio and 3D AI models for developers, announced a new financing round that values the company at more than $4 billion. The round raised about $250 million, with Kleiner Perkins and Sequoia Capital as lead investors. The latest raise follows a $125 million Series C earlier in the year that lifted the valuation to $1.5 billion. Fal.ai’s revenue has climbed to roughly $95 million and its services are used by over two million developers, including major customers such as Adobe, Canva and Shopify. The company’s rapid growth is tied to the surge in multimodal AI applications, especially video‑centric tools like OpenAI’s Sora. Read more →