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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Monday • March 9, 2026
Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation
The Company is Building AI Infrastructure, including Data Centers and Cloud Access to Compute
AI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues. The Series C featured Nvidia and was led by Aker ASA and 8090 Industries. Founded in 2024, Nscale has emerged as a key player in the AI infrastructure buildout, developing data centers and operating cloud computing services.
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Wednesday • February 4, 2026
Voice AI startup ElevenLabs more than triples valuation in $500M round
ElevenLabs said Today that the Cash Infusion Values It at $11 Billion, More Than Triple the $3.3 Billion the Company was Worth Last January
The valuation jump is a reflection of the AI provider’s sales growth. ElevenLabs, which was founded in 2022, is generating more than $330 million in annualized revenue from a customer base that includes Meta Platforms Inc., Nvidia Corp. and other major tech firms.
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Wednesday • December 3, 2025
OpenAI to acquire Neptune, a startup that helps with AI model training
OpenAI has Entered into a Definitive Agreement to Acquire the Startup Neptune
OpenAI has entered into a definitive agreement to acquire Neptune, a startup that builds monitoring and de-bugging tools that artificial intelligence companies use as they train models. Neptune and OpenAI have collaborated on a metrics dashboard to help teams that are building foundation models. The companies will work “even more closely together” because of the acquisition, Neptune CEO Piotr Niedźwiedź said in a blog.
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Tuesday • December 2, 2025
French AI lab Mistral releases new AI models as it looks to keep pace with OpenAI and Google
The Company is One of Europe’s Leading AI Startups and Raised 11.7 Billion Euros in September
The French company’s announcement follows on from model releases from the likes of DeepSeek and Google in recent weeks, as AI labs across the globe scramble to remain at the frontier of research while also building out commercial operations. Mistral’s release includes a large model which it claims is the “world’s best open-weight multimodal and multilingual.”
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Monday • December 1, 2025
Runway rolls out new AI video model that beats Google, OpenAI in key benchmark
The Model Holds the No. 1 Spot on the Video Arena Leaderboard, Surpassing Google and OpenAI
Artificial intelligence startup Runway on Monday announced Gen 4.5, a new video model that outperforms similar models from Google and OpenAI in an independent benchmark. Gen 4.5 allows users to generate high-definition videos based on written prompts that describe the motion and action they want.
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Monday • October 20, 2025
OpenAI’s Japanese Rival Sakana in Talks to Raise Capital at $2.5 Billion Valuation
Sakana Plans to Raise $100 Million from Investors in U.S. and Japan
The funding talks come months after CEO David Ha said publicly that the company would operate profitably within a year. Sakana is developing AI with a different type of technology than OpenAI, Anthropic and Google use. This year the startup has announced deals to develop AI for some of Japan’s largest financial institutions.
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