SoftBank Acquires Ohio Plant for AI Data Center Project
SoftBank has acquired Foxconn's Ohio electric vehicle plant to advance its $500 billion Stargate AI infrastructure initiative, repurposing the site for data center use.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
SoftBank has acquired Foxconn's Ohio electric vehicle plant to advance its $500 billion Stargate AI infrastructure initiative, repurposing the site for data center use.
D-Tools has secured a $12 million Series C investment led by John Heyman of StellarIQ, with continued support from Greybull Stewardship, to enhance its AI-driven software solutions for electronic systems contractors.
Casap has raised $25 million in Series A funding to improve its AI-driven platform for resolving payment disputes and reducing fraud losses, announced in a press release.
Perle has raised $9 million in a seed round led by Framework Ventures to launch Perle Labs, an AI data training platform powered by Web3 technology.
ARMR Sciences Inc. has announced a $30 million capital raise to advance its biodefense platform against fentanyl and AI-driven synthetic drug threats, as stated in a press release.
Meta Platforms has acquired WaveForms AI, a startup specializing in AI that understands and mimics emotions in audio, according to The Information.
PwC US has announced its agreement to acquire Kunai, a leading agile software consultancy specializing in AI and cloud solutions for the financial services industry.
Cyngn has announced its financial results for Q2 2025, highlighting a $32 million capital raise and expansion into a new headquarters in Mountain View, California.
Aderant has signed a definitive agreement to acquire the legal technology assets of HerculesAI, enhancing its AI capabilities for law firms.
Dexian has acquired Conga Technologies to enhance its AI-powered managed services and strengthen its position in intelligent automation.
OpenAI is in discussions for a secondary stock sale that could value the company at $500 billion, allowing employees to sell shares.
August, an AI platform for midsize law firms, has raised $7 million in a funding round led by NEA and Pear VC, with participation from notable investors including OpenAI's David Azose.
Clay, a New York-based AI-driven marketing startup, has raised $100 million in a funding round led by CapitalG, valuing the company at $3.1 billion.
Rifa AI has raised $1.1 million in funding led by Seaborne Capital to enhance its voice AI solutions for regulated industries and expand operations in North America.
METiS Technologies has completed a RMB 400 million Series D financing round, co-led by Beijing Medical and Health Industry Investment Fund and Daxing Industrial Investment Fund, to advance its AI-driven nanodelivery platform.
OpenMind, a Silicon Valley robotics startup, has raised $20 million in a funding round led by Pantera Capital, with participation from Coinbase Ventures and others, to develop a decentralized operating system for robots.
Legal AI startup Harvey has achieved $100 million in annual recurring revenue, driven by a significant increase in user engagement and customer base expansion.
PhnyX Lab has raised $4 million in a seed funding round led by SK Networks, with participation from notable investors like Aidan Gomez and Illia Polosukhin.
BingX Labs marks its first anniversary with $16 million in strategic investments in Web3 and AI projects, fostering innovation and partnerships.
VAST Data is negotiating a new funding round with CapitalG and NVIDIA, potentially valuing the company at $30 billion.