Browsing: turns

QumulusAI, Inc. (QMLS) reported strong top-line growth but wider losses for the quarter ended June 30, 2026. Revenue was $6.7 million, more than double the prior-year quarter’s $3.1 million, driven mainly by revenue from compute power of $5.6 million. Gross margin improved to 66.6%, up from 55.1% a year ago and 37.5% in Q1 2026,…

Higgsfield is putting a seven-figure cash prize behind its Global Film Festival, but the competition also works like a tightly designed product-acquisition campaign. The current rules require entrants to generate their new video and image assets inside Higgsfield, keep the production history in a dedicated Cinema Studio project, and publish the finished work publicly.

Farmhouse, Inc. (FMHS) reported no revenue for the three and six months ended June 30, 2026, while posting a six‑month net loss of $3.08 million versus $63,886 a year earlier. Results were driven by higher operating expenses, sharply higher interest cost and a large non‑cash loss on derivative liabilities linked to convertible debt.

San Francisco-based Rillet has raised $100 million in Series C financing led by Iconiq, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, and Creandum. So far, the financial software company has raised more than $200 million in capital, as it seeks to expand…