AI presentation startup Prezent has raised $30 million to acquire services companies and integrate domain expertise into its enterprise communication platform, beginning with Prezentium.
Elon Musk’s AI startup xAI is reportedly raising up to $20 billion, with Nvidia committing as much as $2 billion in equity. A significant portion of the funding is tied directly to acquisition of Nvidia GPUs.
OpenAI’s computing agreements have now surpassed $1 trillion, spanning deals with AMD, Nvidia, Oracle, and more – a milestone that underscores the capital intensity driving AI infrastructure expansion.
AstraZeneca has signed a $555 million milestone-based partnership with Algen Biotechnologies to deploy AI and CRISPR gene-editing together for immunology drug discovery.
Microsoft has committed $33 billion to neocloud partnerships, including a $19.4B deal with Nebius, to secure GPU capacity and avoid looming AI infrastructure bottlenecks.
OpenAI has completed a secondary share sale worth $6.6 billion, letting current and former employees sell stock at a new $500 billion valuation — a milestone in the company’s funding strategy.
Elon Musk has broken new ground, achieving a net worth of $500 billion – the first time any person has ever crossed the half-trillion mark, according to Forbes.
AI search startup Perplexity has reportedly raised $200 million at a $20 billion valuation, just two months after a $100 million round – signaling its rapid rise as a major rival to Google.