A $20B transatlantic merger tests Europe’s appetite for sovereign AI
Cohere and Aleph Alpha have signed a definitive merger that creates a $20B transatlantic AI supplier with German retail money…
Huawei packs 4,000 AI chips into a single optical supernode
Huawei's Ascend 960 SuperPoD links up to 4,096 NPUs through near-packaged optics, cutting power and module counts in very large…
Tokyo’s CADDi hits $1.2B teaching AI to read factory blueprints
CADDi raised $114M at a $1.2B valuation to push its manufacturing data platform into North America.
Bain’s venture arm banks $1.6B to bet on the post-AGI era
Bain Capital Ventures raised a $1.6B fund, its eleventh, to back AI infrastructure, healthcare, physical AI and security startups.
Manchester’s Ryft scores €23M to challenge payments incumbents
UK payments startup Ryft raised a €23M Series B led by Gresham House Ventures to push into new European markets.
Open weights pay off as Arcee AI clears a $1B valuation
Arcee AI raised an undisclosed Series B that values the open-weight model developer above $1B.
Rune collects $40M to put AI racks behind solar farms
Rune raised $40M led by Spark Capital and launched RELIC, a computing module designed to sit on solar farm sites…
Cap table challenger Pulley will shut down in December
Pulley, a Carta rival that raised more than $50M, is winding down with its last day of operations set for…
Iceland’s Treble banks $18M to simulate how AI hears the world
Reykjavik-based Treble raised $18M for its acoustic simulation platform, which generates training data and tests voice AI and hardware.
Sikka’s Hang Ten banks $53M in a second seed weeks later
Hang Ten Systems raised $53M in a second seed round less than three months after its first, as enterprise AI…
