Sequoia Joins GIC, Coatue in $25B Anthropic Funding Round
Anthropic aims to raise $25B in a new round with Sequoia, GIC, and Coatue, reflecting soaring demand for AI and a $350B valuation for the Claude chatbot maker.
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Anthropic aims to raise $25B in a new round with Sequoia, GIC, and Coatue, reflecting soaring demand for AI and a $350B valuation for the Claude chatbot maker.
Taiwan plans closer AI ties with the US after a trade deal cutting tariffs and driving semiconductor and AI investment amid rising geopolitical tensions.
OpenAI has invested in Merge Labs, a brain-computer interface startup founded by CEO Sam Altman, as part of a $250 million seed round valuing the company at $850 million.
Barclays Research says humanoid robots are moving from experimental labs into real-world deployment as advances in AI and hardware reduce costs. The firm estimates the market could expand sharply over the next decade amid labor shortages.
Skild AI raised nearly $1.4 billion to advance a unified foundation model designed to control multiple types of robots. The funding values the company at more than $14 billion.
French defense technology startup Harmattan AI raised a $200 million Series B led by Dassault Aviation, lifting its valuation to $1.4 billion. The funding deepens a partnership focused on embedded AI for military aircraft and drones.
China-based AI startup MiniMax raised $620 million in its Hong Kong IPO, with shares doubling on the first day. The company develops large language models and AI applications for global users.
Andreessen Horowitz (a16z) raised over $15 billion across five new funds, including $1.7 billion for AI infrastructure and $6.75 billion for scaling startups, amid surging investor interest in tech.
Snowflake agreed to acquire observability platform Observe to strengthen telemetry monitoring and AI-scale data operations. The deal would mark Snowflake’s largest acquisition to date.
AI commerce startup Spangle raised $15 million in a Series A, valuing the company at $100 million. Its software delivers real-time, personalized shopping experiences for retailers using AI-generated recommendations.
Anthropic is preparing to raise $10 billion at a $350 billion valuation, nearly doubling its recent value. Major backers include GIC, Coatue, Microsoft, and Nvidia, supporting cloud expansion and AI model development.
Enterprise AI firm Articul8 secured more than half of a planned $70 million Series B round at a $500 million pre-money valuation. The company is targeting regulated industries with specialized AI systems deployed inside customer environments.
xAI closed a $20 billion Series E round, exceeding its original target and adding strategic backing from NVIDIA and Cisco. The funding supports expanded data center capacity, large-scale GPU deployment, and continued development of the Grok model family.
Octopus Energy plans to spin out its AI software unit Kraken Technologies, following a $1 billion funding round that values the business at $8.65 billion. The move sets the stage for a potential public listing.
SoftBank has finalized its $40 billion investment in OpenAI, increasing its stake above 10%. The funding supports AI infrastructure initiatives, joint ventures, and OpenAI’s broader growth, including plans for a potential IPO.