About
NetChoice is a trade association fighting for free speech and free enterprise online. This page is a new education project of NetChoice’s.
The goal of our Tech Competition webpage is to show how the abundance of competition in the tech industry benefits consumers through new exciting services, and market signals pushing businesses to constantly innovate and improve their offerings to their customers. We’ll keep this page updated frequently with news and facts that highlight the prevalence and impact of vigorous competition in U.S. tech markets.
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Posts
Tech Competition is Helping Americans. Here's How.
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Tuesday • July 1, 2025
Surge AI Reportedly Targeting $1 Billion in First-Ever Fundraise
Data Labeling Company Surge AI is Reportedly Planning a $1 Billion Funding Round
The firm has hired advisors for the capital raise, which would be the company’s first, Reuters reported Tuesday (July 1), citing sources familiar with the matter. Those sources said Surge, founded by former Google and Meta engineer Edwin Chen, is aiming for a valuation of more than $15 billion.
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Wednesday • June 25, 2025
New startup Insight Health built AI agents for routine clinical tasks, from patient intake to follow-up
Insight Health Built Patient-facing Artificial Intelligence Agents to Handle Routine Clinical Tasks
“After talking to hundreds of physicians and hundreds of providers more generally, a key pain point for them is really the amount of routine work that they experience, and a lot of that is really on the patient-facing side,” Soni said in an interview providing a first look at Insight Health’s AI agents as it launches to the broader market.
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Tuesday • June 24, 2025
Abridge, Whose AI App Takes Notes for Doctors, Valued at $5.3 Billion at Funding
Startup Raises $300 Million in Round Led by Andreessen Horowitz, Cash That Will Go to Further Develop Its ‘Ambient-listening’ Products
The new capital infusion will go to hiring scientists, machine-learning experts and software developers who will focus on developing new products and building advanced AI infrastructure to support large customers, said Co-founder and Chief Executive Dr. Shiv Rao.
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Friday • May 30, 2025
Prepared raises $80M to expand AI-powered emergency response platform
Prepared Plans to Use the Money to Accelerate the Development and Deployment of Its Assistive AI Platform
Prepared, a startup offering artificial intelligence-powered solutions for emergency response, revealed today that it has raised $80 million in new funding. It plans to use the money to accelerate the development and deployment of its assistive AI platform for emergency response, expand its reach to more public safety agencies, and enhance features such as real-time translation, automated call triage and quality assurance tools.
Founded in 2019, Prepared offers assistive AI technology designed to modernize emergency response systems across the U.S. The company works with more than 1,000 public safety agencies in 49 states to help protect nearly 100 million people with its AI-driven solutions tailored for 911 call centers and emergency services.
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Thursday • May 22, 2025
Anthropic launches Claude 4, its most powerful AI model yet
Anthropic Stopped Investing in Chatbots at the End of Last Year and has Instead Focused on Improving Claude’s Ability to do Complex Tasks
The company said the two models, called Claude Opus 4 and Claude Sonnet 4, are defining a “new standard” when it comes to AI agents and “can analyze thousands of data sources, execute long-running tasks, write human-quality content, and perform complex actions,” per a release.
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Monday • May 12, 2025
AI Startup Perplexity’s Valuation Surges to $14 Billion in New Funding Round
Artificial-Intelligence Search Company is Raising $500 Million
Perplexity is in advanced talks for a new funding round that would value it at $14 billion, a more than 50% increase from late last year, according to people familiar with the matter.
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