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Fora Raises $60 Million At Nearly $1 Billion Valuation

Travel startup Fora has raised $60 million in fresh Series D funding, lifting the company to a $1 billion valuation and underscoring investor conviction in a business model built around the modernization of travel advising.

A Platform Built For Both Sides Of The Market

Founded in 2021, Fora operates a two-sided platform designed to streamline the travel planning process. On one side, it gives aspiring travel advisors the tools and infrastructure to start selling trips, including client communications and itinerary management. On the other, it helps travelers find and work with advisors for trips ranging from honeymoons to family vacations in destinations such as Costa Rica and Thailand.

The latest round was led by Forerunner and Tactile Ventures, with participation from Insight Partners and Thrive Capital. Fora said it has now raised $138.5 million to date.

AI Is Being Positioned As A Force Multiplier

Part of the new capital will go toward expanding Via, Fora’s AI assistant, which is built to handle repetitive administrative work such as research and itinerary creation. The company’s goal is not to replace human advisors, but to make them more productive by freeing up time for higher-value work, including relationship building and client service.

That strategy reflects a broader enterprise logic now shaping AI adoption across industries: automation is most valuable when it removes low-leverage tasks and amplifies skilled human labor, rather than attempting a full replacement.

Growth Is Coming From New Talent And Rising Demand

Fora said agents on its platform have booked more than $3 billion in travel since launch, with most of those advisors coming into the business without prior travel-industry experience. That is a notable signal for a category historically limited by barriers to entry and fragmented tooling.

The company also plans to use the new funding to expand into adjacent travel categories, including cruises and flights, as it looks to deepen its role in the broader travel ecosystem.

Mirendil Signs $100 Million Google Cloud Deal To Advance Self-Improving AI

AI startup Mirendil has signed a multi-year agreement worth more than $100 million with Google Cloud to secure computing infrastructure for its self-improving AI research.

The partnership reflects growing competition among AI companies to lock in access to high-performance computing, while cloud providers race to attract promising startups developing next-generation AI models.

Backing The Next Stage Of AI Research

Mirendil plans to use Google’s Tensor Processing Units (TPUs), Nvidia GPUs and managed training infrastructure to develop AI systems capable of improving their own performance over time.

Known as recursive self-improvement, the concept focuses on building AI that can refine its knowledge and capabilities with minimal human intervention. The technology is attracting growing interest across the industry, with several startups and leading AI labs exploring similar approaches.

According to co-founder and Chief Executive Behnam Neyshabur, the long-term goal is to develop AI that can automate scientific research and accelerate discoveries in fields such as medicine, biology and materials science.

Compute Capacity Becomes A Strategic Asset

Training increasingly advanced AI models requires enormous computing resources, making long-term infrastructure agreements a critical competitive advantage.

Mirendil said Google’s combination of TPUs and GPUs allows workloads to be matched with the most suitable hardware, improving efficiency while reducing costs for customers.

For Google Cloud, the agreement strengthens its position in the race to provide infrastructure for frontier AI developers, while giving the company exposure to one of the industry’s emerging approaches to next-generation artificial intelligence.

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