Hacker News with Generative AI: Funding

Matrix Foundation to shut down bridges if it doesn't find $100K (matrix.org)
After a successful 2024 with a lot to be proud of, and a Matrix Conference that brought our community together to celebrate 10 years of Matrix, we step into 2025 with a light budget and a mighty team poised to make the most of it!
Saronic raises $600M in Series C to mass-produce autonomous warships (techcrunch.com)
Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced yesterday, quadrupling its valuation to $4 billion from its last round.
Cuts Target Next Generation of Scientists (nytimes.com)
The notices came all weekend, landing in the inboxes of federal scientists, doctors and public health professionals: Your work is no longer needed.
Ilya Sutskever's SSI is raising $1B+ on $30B valuation (siliconangle.com)
Safe Superintelligence Inc., a company co-founded by former OpenAI employee and co-founder Ilya Sutskever is reportedly in the process of raising a new round of more than $1 billion on a valuation of more than $30 billion.
Ask HN: Affected by the recent funding freeze / mass layoffs? Share your story (ycombinator.com)
Ask HN: Affected by the recent funding freeze / mass layoffs? Share your story
How Medical Research Cuts Would Hit Colleges and Hospitals in Every State (nytimes.com)
A proposal by the Trump administration to reduce the size of grants for institutions conducting medical research would have far-reaching effects, and not just for elite universities and the coastal states where many are located.
xAI Discussing $10B Raise at $75B Valuation (bloomberg.com)
Elon Musk’s artificial intelligence company xAI is canvassing potential investors for a roughly $10 billion funding round that would value the company at about $75 billion, according to a person with knowledge of the matter.
The US has exposed the World Anti-Doping Agency's precarious funding model (phys.org)
Warren Buffet once famously said: "you only find out who is swimming naked when the tide goes out."
Japan can be a science heavyweight once more if it rethinks funding (nature.com)
The nation must lose its tight focus on individual disciplines if it is to keep pace with the evolving requirements of scientific enquiry.
Ilya Sutskever's startup in talks to fundraise at roughly $20B valuation (techcrunch.com)
Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters.
NIH plans to slash support for indirect research costs (statnews.com)
The National Institutes of Health, the nation’s premier funder of biomedical research, announced Friday night that it will immediately slash support for “indirect costs” paid to universities, medical centers, and other research grant recipients, funding that the nation’s science enterprise relies on for basic operating costs.
NIH cuts indirect cost rates to 15% for new and existing grants (grants.nih.gov)
A.I. Military Startup Anduril Close to Deal That Would Value Company at $28B (nytimes.com)
Anduril, an artificial intelligence military start-up, is set to complete a new round of funding that will double the value of the company to $28 billion, according to four people familiar with the negotiations.
NCMEC Will Lose Funding Unless It Removes Mentions of LGBTQIA+ Issues (bsky.app)
White House budget proposal could shatter the National Science Foundation (arstechnica.com)
Sometime during the next several weeks, the directors of federal agencies will receive a draft version of President Trump's budget request for the coming fiscal year, which begins on October 1.
Show HN: Make your YC application stand out (Spring 2025 edition) (ycscore.com)
Don't let stupid mistakes kill your YC Spring 2025 dreams. Get partner-informed scoring and feedback for your application.
F-Droid Awarded Open Technology Fund's FOSS Sustainability Grant (f-droid.org)
We are excited to announce that F-Droid has been awarded $396,044 from the Open Technology Fund’s FOSS Sustainability Fund.
Converge (YC S23) will review your YC application before you submit (ycombinator.com)
Converge (YC S23) will review your YC application before you submit
National Science Foundation freezes payments in response to executive orders (npr.org)
Non-Western founders say DeepSeek proves innovation need not cost billions (restofworld.org)
Entrepreneurs in Asia and Africa believe DeepSeek is proof that frugality and innovation can go hand in hand.
FCC Chair Orders Investigation into NPR and PBS Sponsorships (nytimes.com)
The chairman of the Federal Communications Commission has waded into the politicized debate over NPR and PBS, ordering up an investigation that he said could be relevant in lawmakers’ decision about whether to continue funding the public news organizations.
National Science Foundation suspends salary payments (statnews.com)
One scientist texted his landlord to say February rent would be late. Another wasn’t able to pay her credit card bill. Yet another wondered how much longer he could afford his mortgage.
The American science funding catastrophe (scottaaronson.blog)
It’s been almost impossible to get reliable information this week, but here’s what my sources are telling me:
Sponsoring Hanami (mikeperham.com)
I’m happy to announce a substantial $12,000 grant to the Hanami framework.
UK Weighs Making Netflix Users Pay License Fee to Fund BBC (bloomberg.com)
The UK is considering making households who only use streaming services such as Netflix and Disney pay the BBC license fee, as part of plans to modernize the way it funds the public-service broadcaster.
Freeze on grant funding temporarily halted by federal judge (bloomberg.com)
A federal judge in Washington has temporarily blocked the Trump administration from enforcing a new directive to halt payments of federal grants, loans and other assistance to an array of programs across the country.
Sam Altman said startups with $10M were 'hopeless' competing with OpenAI (tomshardware.com)
NSF freezes grant review in response to Trump executive orders (npr.org)
The National Science Foundation canceled all of its grant review panels this week, as the organization works to align its grantmaking process with new executive orders from the Trump administration.
Render raises $80M in Series C financing (render.com)
Today marks two significant milestones in Render's journey: we’ve surpassed 2 million developers on the platform and added $80M in Series C financing, bringing our total funding to $157M.
Databricks closes $15.3B round, Meta joins as 'strategic investor' (techcrunch.com)
Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.