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- New Comet AI Browser, Grok 4's Debut & Bitcoin's Record Peak! 🚀
New Comet AI Browser, Grok 4's Debut & Bitcoin's Record Peak! 🚀
Seed Radar
July 11, 2025
Issue #16 • July 11, 2025
Hi Seedradar Squad! This week, the tech world is witnessing major leaps in AI and innovation, challenging established giants and expanding possibilities. Perplexity is making headlines with the launch of 'Comet,' its new AI-powered web browser.
Meanwhile, Elon Musk's xAI unveiled Grok 4, boasting advanced reasoning and multimodal capabilities, and Bitcoin reached an all-time high! Besides, we keep an eye open as significant capital is flowing into diverse sectors, including e-bikes, maintenance software, and advanced cancer treatments.
Image courtesy of Techi
☄️ Perplexity Challenges Google with Launch of AI-Powered 'Comet' Web Browser
AI search engine Perplexity has launched its own web browser, Comet, built on Chromium. The browser integrates an AI assistant that can summarize pages, answer questions, and perform tasks on behalf of the user.
The launch positions Perplexity as a direct competitor to traditional browsers like Google Chrome, with early access available to its new $200/month "Perplexity Max" subscribers.
🧠 Elon Musk's xAI Launches Grok 4 with a $300/Month 'SuperGrok' Tier
Elon Musk's AI company, xAI, unveiled its latest flagship model, Grok 4, positioning it as a direct competitor to top models from OpenAI and Google. The new model boasts advanced reasoning, coding, and multimodal capabilities.
Alongside the launch, xAI introduced a new premium subscription, "SuperGrok Heavy," priced at $300 per month for access to its most powerful features.
💰 Snapshots: What Else Is Happening?
• Also Inc. has secured $200 million in new funding from Greenoaks Capital. This investment elevates the e-bike startup to a $1 billion valuation, making it a new unicorn in the sector. - Read More
• MaintainX has raised $150 million in a Series D funding round. The financing, which saw participation from existing backers like Bessemer Venture Partners and Bain Capital Ventures, more than doubles the company's valuation to $2.5 billion. - Read More
• Actithera has closed an oversubscribed $75.5 million Series A financing round. The company is pioneering therapies that target tumors with precision, reflecting growing investor interest in advanced cancer treatments. - Read More
• Bitcoin reached a record peak of nearly $112,000 this week, demonstrating a significant surge as more major institutions embrace the world's largest cryptocurrency. This milestone highlights growing acceptance and strong market momentum for digital assets. - Read More
💰 Sharks of the Week!
️🔥 Five Elms Capital- Led a $51 million Series C funding round for Spacelift, an infrastructure-as-code (IaC) orchestration startup that uses generative AI to help companies automate the management of their cloud environments. - Read More
️🔥 Future Ventures- Led an oversubscribed $45 million Series A funding round for Centivax, a biotechnology company working to advance its universal flu vaccine into clinical trials. - Read More
️🔥 Index Ventures- Led a $36 million Series B funding round for Moment, a platform designed to automate trading and portfolio management workflows for fixed income teams. - Read More
️🔥 Trinity Capital- Provided $35 million in a venture funding round for INSHUR, a provider of commercial auto insurance for the rideshare industry. - Read More
🚀 Startup Radar: Movers, Shakers & Future Makers
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🛠️ Trending AI Tools to Supercharge Your Workflow!
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💼 Join the Revolution: Hot Startup Jobs!
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💼 Resource of the Week: Get Core Tools!
💻 Open Source AI Frameworks & Libraries
Access to foundational open-source frameworks is critical for AI startups. Platforms like TensorFlow and PyTorch provide the core tools to build and train neural networks, while libraries like Hugging Face Transformers offer access to a huge range of pre-trained models.
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