AI Funding
43 articles
Anthropic Files for IPO at $965 Billion Valuation After Series H
Anthropic filed to go public following a $65 billion Series H round that valued the AI safety lab at $965 billion, surpassing OpenAI's valuation.
Google backs Proxima Fusion in €411m Series C at €2.5bn valuation
Munich-based fusion energy startup Proxima Fusion raised €411m led by XTX Ventures and East X Ventures, with Google participating in its first European fusion investment.
IQM Quantum Computers debuts on Nasdaq as Europe's first public quantum firm
Finnish quantum computing company IQM raised $82.4 million in its Nasdaq IPO, becoming Europe's first publicly traded quantum firm with shares pricing at $12.
AegisAI raises $36M Series A to combat AI-driven spear phishing attacks
Former Google security executives launched AegisAI with AI agents that analyze email threats like humans, raising $36 million from Battery Ventures to fight increasingly sophisticated AI-powered phishing campaigns.
Etched raises $300M Series C at $10.3B valuation for AI inference chips
Harvard dropout-founded Etched closed a $300 million Series C at $10.3 billion valuation, doubling from $5 billion in December with custom AI inference chips.
ServiceNow invests $40 million in Indian banking AI firm BusinessNext at $700 million valuation
ServiceNow has invested $40 million in BusinessNext, valuing the Indian banking software specialist at $700 million as both companies expand their AI-powered financial services partnership globally.
Applied Computing raises $20M Series A for oil and gas AI foundation model
London-based Applied Computing secured $20 million Series A funding led by KBR to build Orbital, a foundation AI model for oil, gas and petrochemical operations.
Lyzr raises $100M Series B using its own AI agent to run the fundraise
Jersey City startup Lyzr closed a $100 million Series B at $500 million valuation after its AI agent SivaClaw handled investor outreach, memos, and tracking for 130+ potential backers.
Kraken Technology Group raises $175m Series B, becomes Europe's newest defence unicorn
London-based maritime defence startup Kraken Technology Group raised $175m in Series B funding at a $1bn valuation, making it Europe's newest defence unicorn.
Resolution Secures $160M Grant to Accelerate AI Alignment Research
AI safety lab Resolution received a $160 million grant from Coefficient Giving to scale rigorous alignment research and compete with frontier labs on safety development timelines.
SambaNova raises $1 billion at $11 billion valuation as AI chip competition heats up
SambaNova Systems secured $1 billion in funding at an $11 billion valuation as investors back alternatives to Nvidia's dominant AI chips.
Ollama raises $88M to scale open AI models for developers
Docker Desktop creators Jeff and Michael raised $88 million from Benchmark and Theory Ventures to expand Ollama, the platform serving 8.9 million developers running open AI models locally.