Coverage of funding rounds, IPOs, mergers and acquisitions shaping the next wave of tech companies. Discover how venture capital, private equity and corporate investors identify opportunities, back innovators and influence market dynamics. This category offers a window into the business side of emerging technology and entrepreneurship.
xAI is nearing a $15 billion funding round that would value the company at $230 billion, underscoring continued investor demand for advanced AI model developers.
Google and Accel will co-invest up to $2M in early-stage Indian AI startups through Accel’s Atoms program, offering capital, compute credits, and deep technical mentorship.
Amazon is investing up to $50 billion to expand AI and supercomputing capacity for U.S. government agencies through AWS’s secure cloud regions, adding nearly 1.3 gigawatts of advanced computational infrastructure.
AI testing startup Momentic raised $15 million in a Series A to expand its platform for automated software verification. The company helps developers simplify testing of user flows and critical code.
SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
Elon Musk announced a 500-megawatt xAI data center in Saudi Arabia, built with HUMAIN AI and powered by Nvidia chips, expanding the company’s global compute footprint.
Adobe will buy Semrush for $1.9 billion, expanding its AI marketing capabilities with GEO and SEO tools to enhance brand visibility across digital channels.
South Korea’s Bone AI emerges from stealth with $12M in seed funding and early B2G contracts, aiming to become a major “physical AI” player by unifying autonomy, hardware, and manufacturing.
Jeff Bezos joins Project Prometheus as co-CEO, helping lead the AI startup with $6.2 billion in funding to improve manufacturing across tech, automotive, and aerospace sectors.
Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
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 products.
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.
Anthropic will spend $50 billion on custom AI data centers in Texas and New York, partnering with Fluidstack to boost U.S. compute capacity and support its long-term research.
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 hallucinations by using LLMs only to write data queries—not answers.