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Ex-OpenAI science head Kevin Weil launches Warp Sciences with $215M

Artificial Intelligence, Digital Marketing, Health tech, Investors and funding, Next Featured, OpenAI, SEO Tips, Technology /

Kevin Weil, who led OpenAI for Science, has launched Warp Sciences with $215M led by Lightspeed, valuing it at $865M, Bloomberg reported. It is building an automated lab in the US for a drug development step that pharma companies have long outsourced to Chinese firms such as WuXi AppTec. Kevin Weil, who led OpenAI’s science […]

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Zurich startup Enact raises $30M to give robots a sense of touch

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Zurich-based Enact Intelligence has emerged from stealth with a $30M pre-seed round from redalpine, Notion Capital and firstminute capital. It builds robots that sense force and touch through their motors, not only cameras. Founder Manuel Yves Galliker previously led software for 1X’s NEO humanoid. Enact Intelligence, a Zurich startup building robots that can feel force […]

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Xona raises $250M at a $2.45B valuation to build a rival to GPS

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Xona, a California startup building a satellite navigation network in low Earth orbit, has raised $250 million at a $2.45 billion valuation. Steve Jurvetson’s Future Ventures led the Series D, Xona said on Thursday. The round comes seven months after a $170 million Series C. It takes Xona’s total funding since 2019 past $570 million. […]

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Web Summit survey: 59% in tech say AI has increased their workload

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Almost six in 10 people working in tech say AI has added to their workload rather than cutting it. That is the headline finding of Web Summit’s first State of the Industry report, published on Thursday. Some 59% said their workload had increased, 20% said it had fallen and 20% saw little change. Web Summit […]

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AI lab Flapping Airplanes is now worth $6B, four times its January value

Artificial Intelligence, Digital Marketing, Investors and funding, nvidia, SEO Tips, Technology, United States /

Flapping Airplanes, a San Francisco AI research lab founded in late 2025, has raised $1B at a $6B valuation, led by Index Ventures and Lux Capital, Bloomberg reported. Its valuation has quadrupled since January. It is working on ways to train AI with less data and compute, and has no product yet. Flapping Airplanes, an […]

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Photon Bridge raises €10M to mass-produce lasers for AI data centres

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Eindhoven-based Photon Bridge has raised €10M, co-led by the Amadeus APEX Technology Fund and 360 Capital, to build laser light sources for the optical links inside AI data centres. It plans first samples in 2027 and volume production from 2028. Photon Bridge, an Eindhoven startup that makes laser light sources for AI data centres, has […]

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Swedish legal AI firm Legora raises $550M led by Atreides at $8.8B valuation

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Swedish legal AI startup Legora has raised $550 million in a Series E funding round, bringing its valuation to $8.8 billion. US investment firm Atreides Management led the round, with several new and existing investors participating. Five new investors joined the round: Baron Capital, Capital Group, Fidelity Management & Research Company, Glade Brook Capital Partners, […]

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Pigment raises $250M at $2.3B valuation in round led by EQT fund

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Pigment, a Paris-based AI software maker for business planning, announced on Wednesday that it raised $250M in a Series E round, valuing the company at $2.3B. Nvidia also plans to invest, adding to its recent European bets. The Scaleup Europe Fund, managed by Swedish investment firm EQT, led the round. The Scaleup Europe Fund is backed […]

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Korean AI data centre firm Elice sinks 32% in a record-worst IPO debut

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Shares in Elice, a South Korean AI data centre company, fell 32% on their first day of trading in Seoul on Tuesday. It was the worst debut on record for a Korean IPO of $100m or more, according to data compiled by Bloomberg, as Yoolim Lee and Youkyung Lee reported. Elice raised 201.1bn won ($151m) […]

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Ex-OpenAI research chief Bob McGrew’s Arda raises $232M for US factories

Artificial Intelligence, Digital Marketing, Investors and funding, robots, SEO Tips, Startups and technology, Technology, United States /

Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines. The total includes a $160 million Series A at a $1.5 billion valuation, co-led by Altimeter, Accel and Khosla […]

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