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The AI boom made GPUs famous. The dull chips that wire thousands of those GPUs together are quietly becoming just as valuable. Xsight Labs, an Israeli chipmaker, has raised more than $300 million at a $2.8 billion valuation, it said on Thursday. Fidelity led the round. That is more than five times what the company […]
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Space-Eyes, a Miami geospatial-intelligence company backed by Eric Trump, plans to go public through a $638 million blank-cheque deal, deepening the family’s defence-tech ties. A defence-technology company backed by Eric Trump is preparing to go public through a $638 million SPAC merger, deepening the Trump family’s already extensive ties to the national-security industry. Space-Eyes, a […]
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Space-Eyes, backed by Eric Trump, plans a $638m SPAC debut Read More »
A London startup building the training grounds for Europe’s autonomous weapons has come out of stealth with $30mn. It is one of the region’s largest defence-tech seed rounds this year. Agon is not building the weapons themselves. It is building the infrastructure that trains them: a synthetic combat arena for AI-powered drones, missiles and uncrewed […]
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Ex-Anduril founders raise $30mn to build Europe’s synthetic battlefield for defence AI Read More »
A startup wants companies to stop asking real people what they think, and ask fake ones instead. Simile has raised $200m at a $2bn valuation to build “agentic twins,” AI stand-ins for real consumers that firms can survey by the million. Greenoaks led the round, the New York Times reported, with Index Ventures and others […]
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To find out what customers think, this $2bn startup asks their AI twins Read More »
Work does not look like it did three years ago. Employees now assemble their own toolkits daily: AI agents that act on their behalf, browser extensions that reshape how they read and write, code packages pulled from public registries, MCP servers connecting one tool to another. AI tools are no longer optional. They are how […]
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Enterprises are handing more of their work to AI agents. Onyx Security just raised $113m to make sure a human can still say no. The Israeli startup’s Series B, led by Bessemer Venture Partners, values it at about $640m, Calcalist reported. That is a several-fold jump, and it lands just four months after Onyx came […]
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Highland Europe has closed a €1.1 billion fund, its sixth, giving the growth-stage investor fresh capital to keep backing European technology companies as they scale. The firm announced Fund VI on 30 July, alongside the promotion of two investors to partner, and after a year in which it says it returned more than €1 billion […]
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Highland Europe closes a €1.1bn fund to keep backing European scale-ups Read More »
For three years, the AI race has been a race for faster chips. Eliyan just became a $1bn company by pointing out that the chips are now too fast for their own wires. The Santa Clara startup said it closed an oversubscribed $145m Series C at a $1bn valuation, making it a unicorn, the company […]
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The AI race built faster chips. Now the chips are too fast for their own wires. Read More »
Stack Infrastructure, the data-centre arm of the private-credit giant Blue Owl, is seeking a loan of about $5.9 billion, Bloomberg reported. The deal, if it closes, would rank among the larger single financings in a market that has become the engine room of the AI build-out. Blue Owl has made itself central to that market. […]
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Blue Owl’s Stack seeks a $5.9bn loan, feeding the AI data-centre debt boom Read More »
Most AI imaging startups build one model per disease. A Cambridge company has raised $20m to build a single model for the whole chest. Then it can spin the rest out of that. Qureight makes AI imaging tools for lung and heart clinical trials. It closed a $20m Series B led by Molten Ventures, the […]
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