AI Brief
Mistral AI Acquires Cloud Startup Koyeb
French AI firm Mistral AI has agreed to acquire cloud computing startup Koyeb, strengthening its push to build a full-stack AI and cloud infrastructure business in Europe.
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French AI firm Mistral AI has agreed to acquire cloud computing startup Koyeb, strengthening its push to build a full-stack AI and cloud infrastructure business in Europe.
Adani Group plans to invest $100 billion over the next decade to build renewable-powered AI data centers in India, creating a $250 billion AI infrastructure ecosystem.
Canadian AI startup Cohere reported $240 million in annual recurring revenue for 2025, exceeding targets and setting the stage for a potential IPO in 2026.
Anthropic raised $30 billion in a funding round valuing the company at $380 billion, fueled by strong demand for Claude and rapid enterprise AI adoption.
French AI startup Mistral plans to invest €1.2 billion in Sweden to build AI data centers and digital infrastructure, reinforcing Europe’s AI capabilities and tech sovereignty.
AI video startup Runway secured $315 million in a Series E round, doubling its valuation to $5.3 billion. The funding will support development of world models and new AI products.
Alphabet issued $20 billion in a seven-part bond sale to support AI infrastructure investment, highlighting growing tech reliance on debt financing for expansion.
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Voice AI startup ElevenLabs raised $500 million in a new funding round led by Sequoia Capital, tripling its valuation to $11 billion and signaling expansion beyond voice.
Lotus Health AI raised $35 million to expand its AI-powered primary care platform, which combines large language models with licensed physicians to deliver medical care nationwide.
Perplexity has agreed to a $750 million, three-year deal with Microsoft to use Azure and access frontier AI models from OpenAI, Anthropic, and xAI, Bloomberg reported.
Elon Musk’s SpaceX and xAI are in talks about a possible merger, according to a Reuters report. The move could consolidate Musk’s AI, satellite, and launch businesses ahead of a potential SpaceX IPO.