State Affairs, backed by Founders Fund, launched a Bloomberg Terminal-like product that uses AI trained on reporting from its 76 staffers to deliver policy and political intelligence.
The startup combines original reporting with artificial intelligence to create a financial terminal-style service focused on government and politics. Its model trains machine learning systems directly on content produced by its internal newsroom, differentiating it from competitors relying on third-party data sources.
State Affairs enters a market where tensions between media and tech companies have intensified over content licensing and AI training practices. The $70M funding round signals investor confidence in the approach of pairing proprietary journalism with AI-driven analysis tools.
The platform targets professionals who need real-time policy intelligence—a segment traditionally served by Bloomberg Terminal and similar products. By controlling both the reporting and the AI layer, State Affairs aims to offer integrated insights unavailable through existing services.
The funding enables the company to expand its reporting staff and refine its AI capabilities while competing in a sector where data quality and exclusivity drive value.
Hadrius, an NYC-based fintech startup, secured $22 million in Series A funding led by CRV with backing from Y Combinator. The company provides AI-native compliance software for financial services firms.
InstaLILY, an enterprise automation startup, has raised $60 million in Series B funding led by Energize Capital, bringing its total funding to nearly $100 million.
Adapter, an infrastructure platform enabling AI agents and applications to leverage and control data, has emerged from stealth with $17.8 million in funding led by GV.
Chinese AI developer DeepSeek is raising approximately $1.5 billion at a $71 billion valuation and planning to go public in 2027, according to reports.