Investors and funding

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Hypershell takes $50M more on $120M Series B series as consumer exoskeletons step out of niche

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Ant Group and Meituan Dragonball co-led the $50m Series B+; Sofina and Granite Asia joined. Total Series B funding now stands at $120m at a near-$400m post-money valuation, ahead of Wednesday’s global X-Series launch. Hypershell, the Shanghai-based consumer-exoskeleton company, has raised a $50m Series B+ co-led by Ant Group and Meituan Dragonball (referred to in […]

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Italy’s Lexroom hits $73M total raised on $50M Series B for civil-law legal AI

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Left Lane Capital led the Milan-based startup’s Series B, eight months after its $19m Series A. Lexroom is selling 8,000+ law firms a verified-source legal AI built around six million documents. Milan-based Lexroom, the legal AI startup focused on civil-law jurisdictions, has raised a $50m Series B led by Left Lane Capital. Base10 Partners, Eurazeo, […]

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Blackstone takes the majority position in Google’s new TPU cloud

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The two have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s TPUs, with $5bn of Blackstone equity, $25bn total deal value including leverage, and 500 MW of capacity targeted for 2027. Blackstone and Google have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s tensor processing […]

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Intel and Qualcomm circle Tenstorrent as the NVIDIA-alternative trade comes due

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Bloomberg reports early-stage takeover conversations with the Jim Keller-led AI chip startup, which raised $800m at a $3.2bn valuation last year and counts Bezos Expeditions and Samsung among its backers. Tenstorrent, the Jim Keller-led AI chip startup, has held early-stage takeover conversations with Intel and Qualcomm, Bloomberg reported on Monday, citing people familiar with the […]

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Analog Devices near $1.5bn cash deal for Empower Semiconductor’s AI power chips

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The Milpitas-based vertical-power-delivery firm puts more than 3,000 amps of current directly under the GPU. The deal could be announced as soon as Tuesday. Analog Devices is in advanced talks to acquire Empower Semiconductor, the closely held Californian power-management chip company, for $1.5bn in cash, Bloomberg reported on Tuesday, citing people familiar with the matter. […]

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Sigma Computing doubles valuation to $3 billion in Series E as agentic analytics race heats up

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  Sigma Computing has raised $80 million in Series E funding at a $3 billion valuation, doubling its worth in a year and positioning the San Francisco-based company as one of the most aggressively valued players in the business intelligence market. The round was led by Princeville Capital, with new strategic investors Databricks Ventures, ServiceNow […]

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Omnia and Casa dos Ventos sign $2bn power deal anchoring TikTok’s Brazil data centre

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The Pátria-controlled data-centre developer is buying renewable power from Brazil’s largest independent generator to underwrite a 200 MW campus in Pecém, the first ByteDance facility in Latin America. Omnia, the Pátria Investimentos-backed data-centre developer, has signed a roughly $2bn energy-supply agreement with Casa dos Ventos, Brazil’s largest independent renewable-power generator, according to Reuters. The contract […]

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NextEra agrees $67bn all-stock deal for Dominion in largest power acquisition ever

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The all-stock takeover, the largest power acquisition ever, gives NextEra the utility that runs Northern Virginia’s data-centre belt and consolidates the bidding power on the demand side of the AI-electricity trade. NextEra Energy has agreed to acquire Dominion Energy for about $67bn in an all-stock deal, Bloomberg reported on Monday, in what would be the […]

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Decart raises $300M to put a real-time world model in front of Amazon’s chips

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Radical Ventures led the round, with Nvidia, Sequoia, Benchmark, Adobe, and Toyota alongside. Andrej Karpathy, Michael Eisner, and the Nintendo family are angels. Total raised is now over $450m. Decart, the AI research lab building real-time video and world models, announced on Monday it had raised $300m in new funding led by Radical Ventures. The […]

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Dust raises $40M to push enterprise AI past the single-player era

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The Paris- and San Francisco-based platform’s Series B is co-led by Abstract and Sequoia, with Snowflake and Datadog participating. Total funding is now north of $60m. Dust, the Paris- and San Francisco-based enterprise AI platform, has raised a $40m Series B co-led by Abstract and Sequoia, with participation from Snowflake and Datadog, the company said […]

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