Semiconductor Giants Invest Heavily in Startups

Homeward Raises $120M Series D for PropTech Expansion

Homeward’s $120 million Series D signals that capital is still flowing into proptech despite a stalled housing market. The Austin-based firm pivoted from helping buyers to offering cash offers and short-term financing, allowing it to quadruple revenue while national home sales dropped 30%. This round, led by Saluda Grade, funds geographic expansion and technology upgrades. Crucially, Homeward is deploying AI to automate underwriting by extracting data from property documents and inspection reports. The move shows how legacy financial friction points are being targeted with modern automation tools. By leveraging large language models to parse roofs and HVAC systems, the company reduces manual review time significantly. This operational shift supports their goal of expanding nationwide by year-end. The funding validates a model that turns housing illiquidity into a scalable service.

Frontier Labs Sign Superintelligence Accord at White House

Major AI frontier laboratories have signed a superintelligence accord during an event at the White House.

FTC Investigates Rogue AI Agents