GrubMarket, which offers food logistics AI tools, raised a $50M Series G at a $3.5B+ valuation, up from $1.2B in 2021, and is on track for $2.4B in 2025 revenue (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
GrubMarket, which offers food logistics AI tools, raised a $50M Series G at a $3.5B+ valuation, up from $1.2B in 2021, and is on track for $2.4B in 2025 revenue  —  U.S. President Donald Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid an uncertain public mood …

AI coding assistant startup Graphite, now used by tens of thousands of staff at 500+ companies, raised an Accel-led $52M Series B; its revenue grew 20x in 2024 (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
AI coding assistant startup Graphite, now used by tens of thousands of staff at 500+ companies, raised an Accel-led $52M Series B; its revenue grew 20x in 2024  —  AI coding assistants are becoming wildly popular, with the vast majority of respondents in GitHub’s latest poll saying that they’ve adopted AI tools in some form.

Sources: Wiz and Alphabet agree to a $3.2B termination fee in the $32B deal, which lets Wiz run like an independent company if a lengthy antitrust trial happens (Financial Times)

Financial Times:
Sources: Wiz and Alphabet agree to a $3.2B termination fee in the $32B deal, which lets Wiz run like an independent company if a lengthy antitrust trial happens  —  Large fee comes amid risk that regulators could block the transaction  —  Cyber security start-up Wiz has agreed a termination fee …

Google launches new Search and Android health features, including medical records APIs, and plans to release open AI models for drug discovery called TxGemma (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Google launches new Search and Android health features, including medical records APIs, and plans to release open AI models for drug discovery called TxGemma  —  Google on Tuesday announced new products and features aimed at healthcare use cases, including improved overviews in Google Search …