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Gritt is coming out of stealth with $34 million and plan to automate the hardest tasks on construction sites.

The pricing formulas in Motor, the estimating engine I built for a water feature shop, did not come from the manual. I pulled 32 of them out of the JavaScript behind Aquascape's contractor calculator, the tool contractors actually use to bid jobs. The manual was sitting right there, official and free. Ignoring it was the best design decision in the whole system. A vendor never ships a sloppy calculator Why trust the calculator over the manual? Because of what happens when each one is wrong. If the manual sizes a pump wrong, a reader shrugs and moves on. If the calculator sizes a pump wrong, a contractor bids a job at that number, wins it, and loses money on the install. Then the phone rings. So calculators get fixed and manuals drift. Give it ten years and the two quietly disagree, and everyone in the trade knows which one to trust without anyone saying so. A vendor will ship a sloppy PDF. They will never ship a sloppy calculator. Documentation is what a domain says about itself. The artifacts money flows through are what it actually believes. Once you see that split, you cannot stop seeing it. The other half was in old invoices Formulas only get you to cost. What a shop charges on top of cost is a belief about its market, and no vendor document holds that number. So I pulled 132 historical quotes out of the shop's CRM. Real quotes, sent to real customers, most of them paid. I calibrated Motor's markup against those, then checked its output against what the shop had actually charged. The result: Calibrated against 132 real quotes, Motor's estimates landed within 5 percent of what the shop actually charged, with no pricing rule taken from documentation. I could have just asked the owner what his markup was. But what an owner says and what his invoices show are rarely the same number, and the invoices are the ones customers paid. When the two disagree, believe the invoices. The same bug in a different industry I build and run systems in several industries, and the sur

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

It’s not just you: AI startups are taking in a huge amount of seed funding, and in the process making things harder for anyone looking for funding even at a pre-seed stage. We’ve covered the trend in detail, and at this year’s TechCrunch Disrupt event, we want to help pre-seed founders now being held to seed-stage […]

Travel agency Fora announced a $60 million Series D round led by Forerunner and Tactile Ventures, valuing the company at $1 billion.

The startup, founded in 2021, lets enterprise customers use smartphones to scan and spot vehicle damage.

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

Syntetica, a French startup that has developed a novel approach to recycling nylon, has already obtained big-name partners and investors.

By keeping the number of investments to about 25 per fund, Greylock aims to remain what it calls "the most important partner" to its founders.

Neko Health has developed proprietary body-scanning technology, which it couples with bloodwork, to assess a person's health.

Rime is handling over 100 million calls each month across multiple companies

With the cash, the company aims to expand its world model offering and reach customers across geographies.

Fizz has expanded its lawsuit against rival Sidechat, alleging that a Maveron VC shared its confidential information obtained during a fundraising meeting with the competing startup.

The massive round was co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures.

Lyzr, a startup that builds AI agents for enterprises, used its own AI agent to raise a $100 million round — proof, evidently, that the product actually works.

A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.

Build a new kind of rocket engine and the world will beat a path to your door.

Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself, and other big-name investors, The New York Times reported.

ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make running AI less costly.

AI chip maker SambaNova has raised at an $11B valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.