Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Qubrid AI has introduced a Startup Accelerator Program offering up to $100,000 in GPU cloud credits, premium AI/ML tools, and expert mentorship to support AI startups.
DataCrunch has raised $64.6 million in Series A funding to scale its AI cloud platform and plans to develop an AI gigafactory in Latvia.
Adaptive Security has received a follow-on investment from the OpenAI Startup Fund, increasing its Series A funding to $55 million, as announced in a press release.
EcoDataCenter has obtained $703 million in debt financing from Deutsche Bank to expand its AI data centers in Sweden, focusing on sites in Falun and Borlänge.
Higgsfield has announced a $50 million Series A funding round to advance its AI-native video reasoning engine, led by GFT Ventures.
Cassidy has raised $10 million in Series A funding led by HOF Capital to expand its AI automation platform for non-technical teams.
Mercor, an AI training startup, is in discussions for a Series C funding round, aiming for a valuation exceeding $10 billion, with a $450 million annual revenue run rate.
Nuclearn has raised $10.5 million to enhance AI-driven automation in nuclear reactor operations, according to TechCrunch. The funding aims to modernize reactor operations and improve efficiency.
ElevenLabs is allowing employees to sell shares in a $100 million tender offer, valuing the company at $6.6 billion, double its previous valuation.
Public has acquired the retail brokerage accounts of Tornado, an AI platform for financial institutions, as announced in a press release. Over 85,000 Tornado customers will transition to Public's active trading platform.
JVP has closed a $290 million continuation vehicle in partnership with TPG to support Earnix's AI-driven platform expansion in the insurance industry, according to a press release.
Meta Platforms has secured $26 billion in debt funding for its Hyperion AI data center in Louisiana, utilizing a joint venture and a residual value guarantee to protect investors.
Alibaba Cloud has led a $100 million investment in Chinese humanoid robot startup X Square Robot, with participation from HongShan and Meituan, according to CNBC.
Baseten has raised $150 million in a Series D funding round, nearly tripling its valuation to $2.15 billion, as announced in a press release. The funds will be used to enhance its AI inference platform and expand its team.
Koah has raised $5 million in seed funding to introduce advertising into AI applications, aiming to provide a sustainable monetization model for developers, according to TechCrunch.
ProRata has closed a $40 million Series B financing round led by Touring Capital and launched Gist Answers, an AI-as-a-service solution for publishers.
Isotopes, co-founded by Hadoop creator Arun Murthy, has raised $20 million to enhance enterprise data access with its AI agent, Aidnn, according to TechCrunch.
Anthropic has announced a policy to bar Chinese-owned entities from accessing its AI services, citing security concerns.
Dyna Robotics is considering investment offers valuing the company at $600 million, just nine months after its $23.5 million seed round, according to The Information.
Sierra Technologies Inc., an AI startup, is close to securing $350 million in funding, valuing the company at $10 billion. The round is led by Greenoaks Capital.
