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This startup is training an AI model on skin that stays alive for a month

Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Technology /

Outer Biosciences has come out of stealth after four years, keeping surgically discarded human skin alive for up to a month and feeding the results into an AI model that predicts useful compounds. It has raised about $23mn and employs 19 people. A company in Massachusetts has spent four years keeping human skin alive outside […]

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Letara raises ¥2.6bn for hybrid rocket engines the law does not call explosive

Business, Digital Marketing, Investors and funding, SEO Tips, Space, Technology /

Letara, a Hokkaido University spinout, has raised about ¥2.6bn, roughly $16mn, for hybrid rocket engines that use plastic as fuel and are not legally classified as explosives. Germany’s HyImpulse raised €45mn for the same approach last October. A Japanese startup has raised about $16mn to build rocket engines that burn plastic. Letara, a spinout from […]

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Anthropic could raise $100bn, ten times Europe’s largest listing in decades

Anthropic, Artificial Intelligence, Digital Marketing, Investors and funding, SEO Tips, Technology /

Anthropic could raise around $100bn in a listing as early as October, exceeding SpaceX’s record, with backers modelling a valuation of at least $2tn. The Financial Times reports that senior executives have not set a valuation target even privately. Anthropic’s listing now has a figure attached to it. Reports put the raise at around $100bn, […]

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Aptera has found someone to build its solar car, and it is in Shanghai

China, Digital Marketing, Electric vehicle, Investors and funding, SEO Tips, Technology /

Aptera has partnered with Shanghai’s Launch Design on a manufacturing programme worth up to $44mn, covering tooling, testing and pilot production. Aptera pays two-thirds of the costs, while its latest filing reports $10.1mn in cash and substantial doubt about continuing as a going concern. Aptera has finally found someone to build its solar car. The […]

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Astromech raised $20mn at $3.8bn to forecast how biology breaks

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

Astromech has raised $20mn at a $3.8 billion valuation to build AI that predicts how living systems will change. The company says its models learn from 3.8 billion years of biological history. The valuation and the training window are the same number, and nobody has said whether that is a coincidence. Bob Nelsen led the […]

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Starcloud raised $250mn to buy rockets it cannot yet book

Artificial Intelligence, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Space, Startups and technology, Technology /

Starcloud has raised $250mn to put AI compute in orbit, and a large part of the money is earmarked for rockets it cannot yet book. The Series A extension values the company at $2.3bn post-money, the company said. Its total raised now stands at $450mn. Starcloud was founded in 2024, and its March round valued […]

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Nvidia is in talks with the Korean inference chip designer Rebellions

Artificial Intelligence, Asia, Business, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Technology /

Nvidia is in early talks with the Korean AI chip designer Rebellions about a technical partnership, an investment or possibly an acquisition, Bloomberg reported on Friday. Jensen Huang met Rebellions co-founder and chief executive Sunghyun Park at Nvidia’s Santa Clara headquarters this week, people familiar with the matter told the news agency. They asked not […]

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Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic

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

Broadcom is in talks with lenders to raise more than $60bn in debt, Bloomberg reported on Thursday. The money would finance AI chips for Anthropic and other companies. Bloomberg cited people with knowledge of the matter. The figures under discussion could take the total as high as $100bn. Talks are continuing and the terms may […]

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Nvidia pays Poolside $6bn to license its model factory and hire 109 staff

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

Nvidia has agreed to pay Poolside $6bn to license the software the startup used to build AI models, and to offer jobs to 109 of its staff. It is also investing $1bn in what remains, at a $12bn pre-money valuation. The terms come from a letter Poolside sent its investors, first reported by Newcomer. The […]

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Castelion raises $1bn at $13bn to scale hypersonic weapon production

Business, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Castelion has raised $1bn at a $13bn valuation. Three SpaceX executives founded the company in 2022 to build missiles. Its first product is Blackbeard, a hypersonic strike weapon designed for quantity rather than craft. The structure repays a close read. The round is $800m in equity plus $250m of committed financing for a revolving credit […]

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