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In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two months ago. The surge follows an unprecedented revenue trajectory that has taken Anthropic from $1 billion in annualised revenue at the end of 2024 to […]
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In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five largest shareholders. The deal provides Jane Street with access to NVIDIA’s next-generation Vera Rubin compute and adds to CoreWeave’s growing contract […]
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Jane Street commits $6 billion to CoreWeave and takes a $1 billion equity stake Read More »
In short: Accenture Ventures has invested in General Robotics, whose GRID platform provides a unified AI intelligence layer across 40+ robots from different manufacturers including FANUC, Flexiv, and Ghost Robotics. The deal extends Accenture’s physical AI strategy alongside its NVIDIA-powered Physical AI Orchestrator and prior investments in Sanctuary AI and Schaeffler humanoid robotics partnerships. Accenture […]
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Accenture bets on General Robotics to unify factory AI across robot brands Read More »
The extension to Wayve’s $1.2B Series D gives the London startup coverage across virtually every compute architecture in automotive use today, from chips already in millions of vehicles to the platforms powering the next generation. Robotaxi pilots with Uber are planned for London and Tokyo. Wayve, the London-based autonomous driving software company, has raised a […]
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Jane Street and Situational Awareness are in discussions to co-lead the round, Bloomberg reports. The Oxford-founded neocloud, which relocated from the UK to the US after landing a $50 billion data centre partnership with Anthropic, has grown its revenue from $1.8M in 2022 to $66.2M in 2024. FluidStack, the AI data centre startup that builds […]
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FluidStack is in talks to raise $1B at an $18B valuation Read More »
Waygate generates approximately $630 million in annual revenue with around 1,500 employees across 25 locations. The deal gives Hexagon’s Manufacturing Intelligence division computed tomography, radiography, and remote visual inspection technology with 130+ years of combined heritage. Hexagon, the Stockholm-headquartered measurement and sensor technology group, has agreed to acquire Waygate Technologies from energy technology company Baker […]
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Hexagon acquires Waygate Technologies from Baker Hughes for $1.45 billion Read More »
Stegra, formerly H2 Green Steel, has agreed in principle on new financing led by a Wallenberg Investments consortium including Temasek and IMAS. Construction at its Boden plant had slowed during months of fundraising. The Wallenbergs will become the company’s largest shareholder. Stegra, the Swedish green steel company formerly known as H2 Green Steel, has agreed […]
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Hiro is shutting down on 20 April and deleting all user data by 13 May. Founder Ethan Bloch previously sold Digit to Oportun for more than $200M. Terms of the deal were not disclosed. OpenAI, the San Francisco AI lab behind ChatGPT, has acquired Hiro Finance, an AI-powered personal finance planning startup, with founder Ethan […]
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OpenAI acquires Hiro, an AI personal finance startup Read More »
The Finnish deep tech company, which operates the world’s largest autonomous airship fleet, has closed a Series A led by the NATO Innovation Fund, the Fund’s first investment in a Finnish company. Its airships can cover 30,000 square kilometres from a single base and have been tested in live NATO exercises. Kelluu, a Finnish deep […]
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Kelluu raises €15M to build a persistent aerial intelligence layer for Europe Read More »
In short: Nesto Software GmbH, a Karlsruhe-based workforce management platform for restaurant groups, has raised €11 million in growth equity from Expedition Growth Capital, a London and Boston-based fund that targets bootstrapped European software businesses with more than €5 million in annual recurring revenue. The company, founded by engineers from the Karlsruhe Institute of Technology, manages […]
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Nesto raises €11m from Expedition to scale AI workforce management for restaurant groups Read More »