Investors and funding

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Nvidia is backing a startup that turns its own GPUs into a commodity

Hydra Host has raised $100m to build the plumbing of the AI boom, and one of its new backers is the company whose chips it is trying to turn into a commodity: Nvidia. The Series A was led by Kindred Ventures, with Nvidia joining alongside ARK Invest, Comcast Ventures, Magnetar, PEAK6 and others. The Information, […]

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Nuvei is buying Payoneer for $2.75bn to build a one-stop rival to Stripe

Nuvei is buying Payoneer for $2.75bn, a bet that the way to take on Stripe is to own every step of a payment, not just one. The Canadian firm will pay $7.40 a share in cash for Payoneer, the cross-border specialist listed on Nasdaq, in a deal both boards have approved. It ends Payoneer’s roughly […]

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DeepSeek closes $7bn-plus round with an unusual structure

DeepSeek, the Chinese AI lab that unsettled the industry with a cheap, capable model last year, has closed its first round of outside funding, raising roughly 50 billion yuan, about $7bn, in a deal whose structure is as notable as its size. The valuation lands between $52bn and $59bn, according to Reuters. The unusual part […]

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Exclusive: Optiak raises €4m to build an orchestration layer for enterprise AI

Optiak, a startup building what it calls a modular operating system for enterprise AI, has come out of stealth with a €4m pre-seed round, about $4.7m, led by Market One Capital, Next Tier Ventures, EA Ventures Plug and Play EMEA Fund and Mission. The company, the founders say, is trying to solve a problem most […]

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Rocapine raises $13m to build wellness apps that hold instead of hook

Rocapine, a Paris venture studio building wellness apps, has raised a $13m Series A led by Educapital, the company said. The pitch is a neat inversion: take the playbook that made mobile gaming addictive, fast iteration, AI-native development, performance marketing, and aim it at the opposite outcome. Not time on screen, but, in the studio’s […]

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Japan’s biggest taxi app raised $553 million in the country’s largest IPO this year

Go Inc., Japan’s most widely used taxi-hailing app, begins trading on the Tokyo Stock Exchange on Tuesday after raising ¥88.6 billion ($553 million) in the country’s largest initial public offering this year. The offering was more than 25 times oversubscribed. Investors valued the company at ¥186 billion. The IPO priced at ¥2,400 per share, the […]

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Asian tech stocks surged after the Iran-US deal, and AI chipmakers gained the most

Asian technology stocks surged on Monday after the United States and Iran announced a peace agreement, with AI and semiconductor companies posting the largest gains. SoftBank rose 10 per cent, SK Hynix climbed 6.42 per cent, and Samsung Electronics gained 4.5 per cent. Japan’s Nikkei 225 topped 69,000 for the first time in history. The […]

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Monday.com launches Monday Ventures, a $200m fund for workplace-AI startups

Monday.com is becoming an investor. The Israeli work-management company has launched Monday Ventures, a corporate fund that will put up to $200m into startups building the next generation of workplace AI, according to a report in the Israeli business daily Globes. The money is already moving. Monday Ventures will deploy an initial $50m, with anything […]

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Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech

Sarvam, the Bengaluru company building India’s sovereign AI stack, has become the country’s newest AI unicorn. It has raised $234m in the first close of a $300m Series B, at a $1.5bn valuation, led by IT services giant HCLTech, which is putting in $150m. The round is a sovereign-AI bet with a strategic spine. HCLTech […]

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NewCore raises $66m to give AI agents a corporate identity

NewCore has come out of stealth with $66m to solve a problem most companies have not named yet: who, or what, is logging into their systems. The identity-security startup, based in Tel Aviv and San Francisco, is building a platform to govern both human employees and autonomous AI agents under one architecture, and it is […]

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