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A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, the video arm of Chinese tech group Kuaishou, Bloomberg reported. Kling is seeking more than $2bn at a valuation of $18bn, […]
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Isaiah Granet spent three weeks at Y Combinator getting turned down by 180 investors. Their reason was always the same: phone calls would not exist in a year. He has now raised more than $100mn to prove them wrong. His startup, Bland, has closed a $50mn Series C led by Dell Technologies Capital, Fortune reported. […]
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Rejected by 180 investors, Bland just raised $50M to prove voice AI is the future Read More »
SpaceX has appointed Roelof Botha, the former steward of Sequoia Capital, to its board of directors. The appointment, disclosed in an 8-K filing on 17 June, comes less than a week after the company’s record-breaking $75 billion IPO. Botha will serve as an independent director and join SpaceX’s audit committee immediately. He fills an existing vacancy on the […]
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SpaceX adds Sequoia’s Roelof Botha to its board, days after record $75 billion IPO Read More »
For years, the scarce resource in AI was chips. Now it is power. Verse Enterprises wants to unblock that bottleneck. The San Francisco startup has raised an oversubscribed $54mn Series B. Bessemer Venture Partners led the round. GV, Nvidia and Norrsken VC also took part. The race to AI is now a race to power […]
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Nvidia-backed Verse raises $54M to help AI data centres skip the power queue Read More »
Designing a chip is hard. It takes years, hundreds of millions of dollars, and a tiny pool of experts. Most of them sit inside a few large companies. Architect Labs wants to change that with AI. The Palo Alto startup left stealth on Thursday with a $24mn seed round. Its plan is to build an […]
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Architect Labs raises $24M to let any company design its own AI chip Read More »
Every software company is racing to bolt an AI agent onto its own product. Gradial is betting the real money is in the gaps between them. The Seattle startup has raised $65mn in Series C funding to build what it calls an operating system for marketing: a layer of AI agents that execute work across […]
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Gradial raises $65M to be the ‘AI glue’ for enterprise marketing Read More »
SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the largest IPO tax windfall in state history. The reality may be more complicated. Facebook’s 2012 […]
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The defence-tech land grab has a new front, and it sits above the drones and sensors that get the headlines. Comand AI, a Paris startup building AI software for military command, has raised a €32mn Series A led by Blossom Capital, with a strategic investment from Sweden’s Saab and renewed backing from Expeditions. The round […]
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Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defence-tech venture funding, according to the founders of a new fund out today. Europe accounted for just 6.2 per cent of […]
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As companies struggle to turn AI pilots into things they can actually rely on, a new startup is betting the fix looks less like a better chatbot and more like a mathematical proof. Pramaana Labs announced $27mn in seed funding on Wednesday, led by Khosla Ventures, with Accel, BoldCap, Nexus Venture Partners, Premji Invest, and […]
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