Tokyo-based Sakana AI closed a ¥20 billion ($135M) Series B round, valuing the startup at $2.65 billion. The company builds generative AI models optimized for Japanese language, culture, and enterprise needs.
Reports that Elon Musk’s AI company xAI raised $15 billion have been disputed by Musk. The funding news highlights the challenges and scrutiny facing his AI ventures, including data center emissions and controversial AI...
AI startup Bindwell, founded by two teenage entrepreneurs, secured $6 million in seed funding to design new pesticide molecules in-house using proprietary AI models, shifting away from selling tools to major agrochemical firms.
WisdomAI, the AI analytics startup founded by Rubrik co-founder Soham Mazumdar, has raised a $50 million Series A led by Kleiner Perkins with Nvidia’s NVentures joining in. The startup says its AI system eliminates...
AMD CEO Lisa Su dismissed fears of an AI spending bubble, saying Big Tech’s aggressive investments in computing infrastructure are essential to accelerating innovation and long-term growth.
nvestor Michael Burry alleges that major AI infrastructure firms are overstating profits by extending chip depreciation timelines, potentially inflating industry earnings by $176 billion.
AI startup Wonderful secured $100 million in Series A funding led by Index Ventures to expand its multilingual, enterprise-grade AI agent platform across new global markets.
AI hardware startup Tsavorite Scalable Intelligence received over $100 million in pre-orders for its Omni Processing Unit chips, designed to unify CPU, GPU, memory, and connectivity for scalable AI workloads.
Scribe secured $75 million in Series C funding at a $1.3 billion valuation to expand Scribe Optimize, its AI-driven platform that maps enterprise workflows to pinpoint automation opportunities.
Established by 6sense founder, 1mind secures $30M Series A led by Battery Ventures to grow its AI-driven sales agent Mindy, designed to automate inbound sales and enterprise deal support.
Stanford professor Stefano Ermon’s startup Inception secured $50 million to expand diffusion-based AI for software development, aiming to reduce latency and compute costs.
Nvidia and Deutsche Telekom agreed to a €1 billion partnership to build an AI factory in Munich, aiming to increase Germany’s AI computing power by 50% using Blackwell-based systems.