Investors and funding

Auto Added by WPeMatico

AI needs $6tn a year by 2031 to pay for its data centres, Bain says

The AI industry will need about $6tn in annual revenue by 2031 to pay for the data centres being built today. Bain & Company makes the estimate in its Global Technology Report, published on Tuesday. Existing AI products could bring in only $1.2tn to $1.8tn of that. “The debate today is fixated on employee productivity. […]

This story continues at The Next Web

AI needs $6tn a year by 2031 to pay for its data centres, Bain says Read More »

Dodge AI raises $2.65M from Accel and Google to fix enterprise firefighting

Enterprise software is never finished. Once SAP, Salesforce, Oracle, or Microsoft Dynamics goes live, the business keeps changing. Over the years, thousands of company-specific rules get built into the software. When something breaks, the answer is rarely in one place. Keeping it all running costs enterprises more than $600 billion a year. Dodge AI has […]

This story continues at The Next Web

Dodge AI raises $2.65M from Accel and Google to fix enterprise firefighting Read More »

Rayon raises €10M to bring AI and 3D to its interior design software

Rayon, the Paris-based startup that has created software allowing interior designers to draw floor plans in a web browser, announced that it has raised 10 million euros in its Series A financing round, with Partech as the lead investor. Northzone, Foundamental, and Seedcamp, which had previously backed the company, also participated in the funding round. […]

This story continues at The Next Web

Rayon raises €10M to bring AI and 3D to its interior design software Read More »

Marble raises €6.5M Series A led by Smartfin for its open-source fraud and AML platform

The Paris-based company Marble, which develops open-source software for fraud detection and anti-money laundering compliance, raised €6.5 million in its Series A round, with Smartfin as the lead investor. This brings the total funding to €9 million, with ADNEXUS as a new investor, while existing investors Passion Capital, 42Capital, and Hexa have each increased their […]

This story continues at The Next Web

Marble raises €6.5M Series A led by Smartfin for its open-source fraud and AML platform Read More »

SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips

SiMa.ai has raised $150m in a Series C round that values the company at $1.45bn, it announced on Monday. The San Jose startup makes chips and software that let robots, drones and cars run AI on the device itself. Fidelity Management & Research Company and Amplify co-led the round. Alter Venture Partners, Dell Technologies Capital, […]

This story continues at The Next Web

SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips Read More »

Red Queen Bio is using AI to design antibodies for future viruses, WSJ says

Red Queen Bio, a biosecurity startup backed by OpenAI, has raised $36 million in total to design antibody drugs against viruses, including ones that AI systems could one day help create, The Wall Street Journal reported. The company is starting with antibodies against bird flu and other influenza viruses and plans its first clinical trials […]

This story continues at The Next Web

Red Queen Bio is using AI to design antibodies for future viruses, WSJ says Read More »

HiringCafe lands $6.8M to fix the broken job hunt with AI talent agent

The modern job search has devolved into a notoriously soul-crushing endeavor. Candidates fire hundreds of resumes into the void. They navigate an endless stream of expired ‘ghost jobs’. And they compete against automated mass-application bots for a fraction of the actual open roles. It’s a frustrating, high-friction loop. Legacy job boards, built primarily around employer […]

This story continues at The Next Web

HiringCafe lands $6.8M to fix the broken job hunt with AI talent agent Read More »

SoftBank invests $225M in ASI and forms autonomous construction venture

SoftBank Group has invested $225 million into Autonomous Solutions, Inc. (ASI), a Utah company that makes work vehicles drive themselves.The two have also set up a joint venture to build self-driving machines for big road, rail and airport jobs. SoftBank is funding the joint venture to cover several kinds of building work, mainly civil construction […]

This story continues at The Next Web

SoftBank invests $225M in ASI and forms autonomous construction venture Read More »

Precision Neuroscience raises $250m at a $1bn valuation, NYT reports

Precision Neuroscience has raised $250m in a Series D round for its brain-computer interface, the New York company announced on Thursday. Bill Ackman’s Pershing Square, the Ackman Oxman Institute and an unnamed life sciences fund led the round. The round values Precision at just over $1bn, The New York Times reported. Pershing Square and the […]

This story continues at The Next Web

Precision Neuroscience raises $250m at a $1bn valuation, NYT reports Read More »

Island raises $400m at a $6.4bn valuation to govern AI agents

Island, the Dallas company behind the Enterprise Browser, has raised $400m in a Series F round. The deal values it at $6.4bn, Island announced on Thursday. Evolution Equity Partners led the round. In March 2025, Island raised $250m in a Series E led by Coatue, at a $4.8bn valuation. The company now pitches itself as […]

This story continues at The Next Web

Island raises $400m at a $6.4bn valuation to govern AI agents Read More »

Shopping Cart