Snabbit Secures $19M to Accelerate Quick Service Expansion

Mumbai-based Snabbit has raised $19M in a Series B round led by Lightspeed, bringing its 2024 total to $24.5M. The quick service startup, now active in 10 micro-markets, plans to expand to 200+ in 9 months. Founder Aayush Agarwal cites strong traction in Mumbai and Bengaluru as the driver behind this aggressive growth push.

Read more on:YourStory

NVIDIA Smashes Expectations with $44.1B Q1 Revenue, Despite China Chip Setback

NVIDIA kicked off fiscal 2026 with a record-breaking $44.1 billion in Q1 revenue, up 69% year-over-year, led by explosive demand in its data center business—which alone contributed $39.1 billion, or 88% of total sales. Even as U.S. export curbs hit shipments of its H20 AI chips to China, NVIDIA still pulled in $4.6 billion from those chips before the licensing kicked in.

Read more on:YourStory

Horizon3.ai Raises $73M+ Toward $100M Goal Amid Rapid Growth

Cybersecurity startup Horizon3.ai has secured over $73M toward a $100M raise, reportedly valuing it near $750M. Backed by NEA, the AI-powered threat detection firm boasts $30M ARR and 101% YoY growth. Following its FedRAMP approval, Horizon3.ai continues expanding in federal and enterprise sectors, mirroring NEA’s recent Veza investment and riding rising demand for automated cyber defense.

Read more on:TechCrunch

WordPress Forms Dedicated AI Team to Drive Open Innovation

WordPress has launched a new AI Team to lead and unify artificial intelligence development across its ecosystem. The team aims to accelerate innovation through plugin-first experimentation, ensure responsible integration, and uphold WordPress values. Backed by contributors from Automattic, Google, and 10up, this move positions WordPress to shape AI in an open, community-driven way.

Read more on:WordPress

X