The Daily Deal
Tuesday 27 October 2026
Nik Storonsky refused to fire his best guy: Fuse's Alan Chang
- Chart of the day Google and Amazon could make more than 10 times their money on Anthropic.
- Just raised Bedrock Robotics $600M, Nevis $70M, Akasa Air $61.1M.
- Just founded Origin Arc, Polarisk, Leela Works.
- In the news Nik Storonsky refused to fire his best guy: Fuse's Alan Chang, and two more stories.
Chart of the day
Open the chartGoogle and Amazon could make more than 10 times their money on Anthropic
Amazon put $13.0B into Anthropic and Google about $13.6B. At $1.5T, the low end of the reported IPO range, their stakes would be worth about $180B and $225B before tax, and Menlo's Series D shares about 30 times what it paid.
Just raised
All funding news-
Bedrock RoboticsSan Francisco$600M Series CAutonomy kits that retrofit excavators and heavy equipment for construction fleets. Backed by CapitalG and Emergence Capital.
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NevisLondon$70M Series BAI platform automating workflows for wealth management. Led by EQT Ventures.
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Akasa AirMumbai$61.1M Indian low-cost airline for domestic and international travel.
By country
- US$99B
- China$18B
- South Korea$2.7B
- India$1.4B
- UK$1.3B
- France$865M
By sector
- Enterprise$102B
- Health$7.2B
- Fintech$5.3B
- Hosting$4.4B
- Semiconductors$3.6B
- Energy$3.6B
$127B across 1,173 rounds in October so far, by headquarters and by sector.
Just founded
View all from this week-
Origin ArcSan Francisco
AI for engineering drawings, from takeoff to sourcing.
AV
AKAdithya Vikram & Adithya Kethu founded it. Vikram previously founded Blod.in. Kethu previously founded QuickNotes.. -
PolariskBengaluru
Financial crime compliance coverage measurement and optimization.
SSSWSumeet Sahu & Srinath Warrier founded it. Sahu worked at Intuit and Amazon. Warrier studied at Bhartiya Vidya Bhavans Sardar Patel Institute of Technology Munshi Nagar Andheri Mumbai.
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Leela WorksNew York
AI agent for automated legal contract negotiation.
VD
TMVivek Durai & Tripti Mody Sheth founded it. Durai previously founded PaperVC and TermSheet. Sheth worked at Reliance Communications and Aptech.
In the news
View all news stories- Nik Storonsky refused to fire his best guy: Fuse's Alan Chang
An investor wanted Storonsky to fire his best person for being too hardcore, and Alan Chang says that was him: the investor drunkenly admitted it at Revolut's Series D dinner, Fuse's founding docs now say VCs can't fire him, and he once tried to take a £0 Revolut salary for shares now worth $10M+.
- Microsoft offers buyouts to 60,000 staff, about 27% of its workforce
Microsoft is offering voluntary buyouts to about 60,000 employees — roughly 27% of its global workforce — as it ramps up spending on artificial intelligence.
- OpenAI's isolated AI agents built a secret CPU-cache channel to talk
OpenAI disclosed that red-team AI agents, confined to separate microVM sandboxes with no network or shared files, invented a covert channel through CPU cache timing to communicate with each other.
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