OpenAI Eyes $100B Funding, Waymo's $10B Valuation, and More

Hi there,

Welcome to the latest edition of the AI Funding Brief, where we bring you the most recent developments in AI funding and investments. This edition highlights a diverse array of funding activities and strategic acquisitions across the AI landscape. Kilo Code has secured $8 million to enhance its AI coding platform, aiming to boost developer productivity. Meanwhile, Tofu has partnered with Gem to tackle job applicant fraud, raising $5 million to support their AI solution for identity verification.

In other significant moves, Accenture has acquired a majority stake in DLB to enhance its AI-driven capabilities in managing capital projects. Echo has raised $35 million to advance its AI-native operating system for cloud security, while OnCorps AI has secured $55 million from Long Ridge Equity Partners to improve its AI platform for asset management operations. These stories, among others, reflect the dynamic and rapidly evolving nature of AI investments and innovations.

Kilo Code Secures $8M to Boost AI Coding Platform

Kilo Code, an open-source AI coding platform, has raised $8 million in seed funding to enhance its platform and improve developer productivity. The funding round was led by Cota Capital with participation from several other investors. Read more

Tofu Partners with Gem to Tackle Job Applicant Fraud

Toronto-based startup Tofu has launched an AI solution to verify job applicants' identities, partnering with Gem and securing $5 million in seed funding to combat job applicant fraud. Read more

Accenture Acquires Majority Stake in DLB

Accenture has agreed to acquire a 65% stake in DLB Associates, a US-based AI data center engineering firm, to boost its AI-driven capital projects capabilities. Read more

Echo Raises $35M for AI Cloud Security OS

Echo has secured $35 million in Series A funding to advance its AI-native operating system for cloud security, led by N47. This follows a previous $15 million seed round, totaling $50 million in funding. Read more

OnCorps AI Raises $55 Million for AI Platform Enhancement

OnCorps AI has secured $55 million in funding from Long Ridge Equity Partners to advance its AI platform for asset management operations. Read more

Surf Secures $15 Million for Surf 2.0 Development

Surf has raised $15 million in funding led by Pantera Capital to develop Surf 2.0, an AI model for digital asset analysis. The funding round also included Coinbase Ventures and Digital Currency Group (DCG). Read more

Türkiye Develops Sovereign AI Infrastructure with Ena Venture Capital

Türkiye is developing its own AI infrastructure to support local companies and reduce reliance on foreign technologies, with backing from Ena Venture Capital. Read more

GE Vernova Boosts Share Buyback and Dividend

GE Vernova Inc. has announced an increase in its share buyback authorization to $10 billion and a doubling of its dividend, driven by growing electricity demand from data centers and AI. Read more

AttiFin AI Secures £5 Million for Legal Tech Launch

U.K.-based startup AttiFin AI has raised £5 million to launch its AI-powered legal tech platform in 2026, planning to expand its team and relocate to Newcastle. Read more

Awesome Compliance Technology Secures €1.2m for AI Platform

Dutch startup Awesome Compliance Technology has raised €1.2 million to develop a collaborative AI platform aimed at assisting with compliance for regulations like GDPR and the EU AI Act. Read more

Freshworks to Acquire FireHydrant

Freshworks has signed an agreement to acquire FireHydrant, an AI-powered Incident Management software provider. This acquisition aims to integrate Freshservice's IT Service Management with FireHydrant's IT Operations Management. Read more

Agreenculture Secures €6 Million for Autonomous Farming Tech

French startup Agreenculture has raised €6 million in a Series A funding round to advance its autonomous farming technology, focusing on product integration and commercial deployment. Read more

Mindoo Secures €5M for AI Hospital Automation

Belgian startup Mindoo has raised €5M in seed funding to enhance its AI platform for automating hospital intake and administrative tasks. Read more

MyDello Raises €3.1 Million for AI Freight Automation

Estonian startup MyDello has secured €3.1 million in funding to enhance its digital freight platform and expand internationally, starting with the UK. Read more

Red Hat Acquires Chatterbox Labs for AI Security

Red Hat has acquired Chatterbox Labs to enhance its AI portfolio with safety testing capabilities, focusing on secure AI deployment in hybrid cloud environments. Read more

PhaseV Reports Record Growth in 2025

PhaseV has announced a significant increase in revenue and partnerships in 2025, alongside securing $50 million in Series A funding. The company plans to expand its AI platform for clinical development, aiming to reduce trial costs and improve success rates. Read more

EraDrive Secures $5.3M for Autonomous Satellite Tech

California-based startup EraDrive has raised $5.3 million in seed funding to advance its autonomous satellite technology, focusing on improving collision avoidance and operational efficiency. Read more

RoboParty Secures Consecutive Seed Funding Rounds

RoboParty, a Shanghai-based startup, has completed a Seed+ financing round shortly after a multi-million-dollar Seed round. The funds will enhance its open-source humanoid robotics platform and expand its developer ecosystem. Read more

OpenAI Seeks $10 Billion from Amazon for AI Chip Development

OpenAI is in early discussions to raise at least $10 billion from Amazon, with plans to potentially use Amazon's Trainium chip. This move could value OpenAI at over $500 billion and aims to boost Amazon's position in the AI sector. Read more

Dux Raises $9 Million for Cyber Risk Management

Israeli cybersecurity startup Dux has secured $9 million in Seed funding to advance its AI-driven cyber risk management platform. Read more

Adaptive Security Secures $81 Million in Series B Funding

Adaptive Security has raised $81 million in Series B funding led by Bain Capital Ventures to enhance its capabilities against AI-powered cyber threats. The funding round also saw participation from NVIDIA's NVentures, OpenAI Startup Fund, and Andreessen Horowitz. Read more

BoodleBox Secures $5 Million for AI in Education

BoodleBox has raised $5 million in seed funding to enhance AI collaboration in higher education, with plans to expand services and move headquarters to Colorado Springs. Read more

Waymo Seeks $10 Billion Funding at $100 Billion Valuation

Waymo, Alphabet's autonomous driving unit, is reportedly in discussions to raise over $10 billion, potentially valuing the company at around $100 billion. The funding round is expected to finalize early next year. Read more

Coursera to Acquire Udemy in $2.5 Billion Deal

Coursera has announced its plan to acquire Udemy in an all-stock deal valued at $2.5 billion. The merger aims to enhance offerings in AI training and is expected to close in the second half of 2026. Read more

OpenAI in Talks for Massive Funding at $750 Billion Valuation

OpenAI is in early discussions with investors to raise tens of billions of dollars, aiming for a valuation of around $750 billion. The potential investment includes a significant contribution from Amazon. Read more

S&P Global Launches $10 Million AI Youth Initiative

On December 17, 2025, S&P Global announced StepForward, a $10 million initiative to prepare youth for AI-driven careers, supporting nonprofits and expanding employee volunteering. Read more

Blue Owl Capital Withdraws from Oracle's Data Center Project

Blue Owl Capital has decided not to provide financial backing for Oracle's $10 billion data center project in Saline Township, Michigan. The project is still expected to proceed with Blackstone in talks to take over the funding. Read more

Fluency Raises $40M for AI in Ad Automation

Adtech company Fluency has secured $40 million in Series A funding to enhance AI-driven automation for digital advertising campaigns. Read more

Lovable Secures $330M in Series B Funding

Swedish startup Lovable has raised $330 million in a Series B funding round, led by CapitalG and Menlo Ventures, reaching a valuation of $6.6 billion. Read more

MetaX Shares Surge in Trading Debut

Shares of the Chinese AI chip startup MetaX Integrated Circuits surged nearly eightfold on their first trading day, following a successful IPO. Read more

Wodan AI Raises €2M for Encrypted AI Tech

The Spanish-Belgian startup Wodan AI has secured €2 million in funding to advance its AI technology that processes encrypted data, aiding compliance with privacy regulations. Read more

AZIO AI Valued at $480 Million

AZIO AI Corporation has been independently valued at approximately $480 million, highlighting its growth in AI infrastructure. This valuation is driven by increased revenue, expanded GPU capabilities, and strategic transactions. Read more

Biren Technology Plans $300 Million Hong Kong IPO

Chinese AI chip startup Biren Technology is set to launch an IPO in Hong Kong, aiming to raise $300 million. This comes as China strengthens its semiconductor industry amid U.S. export restrictions. Read more

ServiceNow Acquires Moveworks to Boost AI Platform

ServiceNow has completed its acquisition of Moveworks, integrating its conversational interface and search technology to enhance workflow automation and streamline employee interactions. Read more

Rezolve Ai Acquires Crownpeak for $90 Million

Rezolve Ai has acquired Crownpeak for $90 million, aiming to integrate its Digital Experience Platform with Rezolve's AI technology to enhance its commerce platform. Read more

Blackstone Invests $400 Million in Cyera

Investment firm Blackstone leads a $400 million funding round for cybersecurity startup Cyera, raising its valuation to $9 billion. Read more

Last Energy Raises $100M for Mini Nuclear Reactors

Austin-based startup Last Energy has secured $100 million in funding to develop small modular nuclear reactors aimed at powering AI data centers. The company plans to deploy a pilot reactor at Texas A&M and expects commercial-scale reactors by 2028. Read more

Nirvana Tech Secures $100 Million in Series D Funding

Nirvana Tech, an AI-native trucking insurance startup, has raised $100 million in a Series D funding round led by Valor Equity Partners. The funds will aid in expanding into new industry segments. Read more

Gracia AI Raises £1.3 Million for Volumetric Video Development

London-based startup Gracia AI has secured £1.3 million in funding to advance its 4D Gaussian Splatting pipeline, enhancing volumetric video capabilities for XR creators and VFX studios. Read more

OpenAI Seeks $100 Billion Funding

OpenAI is looking to raise up to $100 billion in a new funding round, potentially valuing the company at $830 billion. The effort is in early stages, with completion targeted by early 2026. Read more

Cursor Acquires Graphite for AI Code Review

AI coding assistant Cursor has acquired Graphite, a startup known for AI-driven code review and debugging, to enhance collaboration and streamline code development. Read more

Resolve AI Hits $1 Billion Valuation with Series A Funding

Resolve AI, a startup developing an autonomous SRE tool, has reached a $1 billion valuation after a Series A funding round led by Lightspeed Venture Partners. Read more

Yann LeCun Launches AI Startup with €500 Million Funding Goal

AI scientist Yann LeCun has launched a new startup, Advanced Machine Intelligence, with Alex LeBrun as CEO. The company aims to raise €500 million to develop world model AI. Read more

Grab Acquires Infermove for $33 Million

Grab Holdings has acquired Chinese tech company Infermove for $33 million to enhance its AI-enabled robotics in food delivery. Infermove specializes in autonomous driving systems and robotics. Read more

SoftBank Accelerates Funding for OpenAI

SoftBank Group is expediting its $22.5 billion funding commitment to OpenAI by the end of 2025, employing strategies like selling stakes in companies to raise cash. Read more

Ultromics Receives Investment from AHA's Go Red for Women Fund

Ultromics, an AI cardiology company, has secured funding from the American Heart Association's Go Red for Women Venture Fund to improve early detection of heart failure in women using AI technology. Read more

Ankar Secures $20 Million for AI Patent Platform

Ankar, a London-based AI-driven patent platform, has raised $20 million in Series A funding to expand its team and operations in the US. Read more

Known Raises $9.7M for Voice AI Dating App

San Francisco-based startup Known has developed a voice-powered AI system for its dating app, promoting in-person meetings. The company has secured $9.7 million in funding. Read more

Destinus Secures €50 Million from Commerzbank

Destinus, a Katwijk-based aerospace and defense company, has secured a €50 million financing facility from Commerzbank, marking its first commercial bank facility. This funding brings the total capital raised to nearly €400 million. Read more

Flipkart Acquires Stake in Minivet AI

Flipkart has acquired a majority stake in Minivet AI to enhance its Generative AI capabilities, aiming to improve e-commerce experiences. Financial details were not disclosed. Read more

FSU Receives $5M Grant for AI Speech Tools

Researchers from Florida State University have been awarded a $5 million grant to develop AI tools to assist children with speech and language challenges. Read more

PSV Hafnium Secures €60M for AI and Cleantech Spinouts

The Danish fund PSV Hafnium has closed a €60 million fund to invest in university spinouts focused on AI and cleantech, targeting early-stage deeptech innovations. Read more

FundPark Provides $6 Billion AI Support for SMEs

FundPark, an AI fintech company, has deployed over US$6 billion to aid small and medium enterprises in cross-border e-commerce. The platform utilizes AI to expedite funding decisions by analyzing real-time sales and inventory data. Read more

Exein Secures €100 Million for Device Security

Italian startup Exein SpA has raised €100 million to enhance security for connected devices, with backing from JPMorgan Chase & Co and other investors. Read more

Quantum Systems Acquires FERNRIDE for Autonomous Mobility

On December 17, 2025, Quantum Systems announced its acquisition of FERNRIDE, a company known for its autonomous trucking technology. This acquisition aims to expand Quantum Systems' capabilities into autonomous ground mobility. Read more

Aneli Capital Launches €35M Fund for Baltic and CEE Startups

Vilnius-based venture capital firm Aneli Capital has introduced a €35 million fund to support technology startups in the Baltic states, Poland, and other Central and Eastern European markets, with a focus on sectors like AI solutions. Read more

Figure AI CEO Launches New AI Lab Hark

Figure AI CEO Brett Adcock has launched a new AI lab named Hark, funded by $100 million of his personal capital, to develop 'human-centric' AI technologies. Read more

Mythic Inc. Secures $125 Million to Challenge Nvidia in AI Chips

Mythic Inc. has raised $125 million to compete with Nvidia Corp. in the AI chip market, focusing on energy-efficient analog chips. Read more

Galbot Raises $300 Million, Valued at $3 Billion

Galbot has secured over $300 million in a new funding round, elevating its valuation to $3 billion. The company plans to use the funds to advance technology and expand its industry deployments. Read more

Informed.IQ Receives $63 Million for AI Fraud Prevention

Informed.IQ has secured a $63 million investment from Invictus Growth Partners to enhance its AI-driven fraud prevention and loan verification services. The funding will support expansion into new sectors and address challenges in fraud detection and verification. Read more

Neurable Raises $35 Million for BCI Technology

Neurable, a neurotechnology company, has secured $35 million in Series A funding to advance its brain-computer interface technology. The funding will support the expansion of AI-powered tools for cognitive health. Read more

Olea Secures $30 Million for Global Expansion

Singapore-based trade finance platform Olea has raised $30 million in Series A funding to enhance its AI-driven technology and expand globally. Read more

Cerebras Systems Plans US IPO After $1.1 Billion Funding

Cerebras Systems, an AI chipmaker, is planning a US IPO in 2026 after raising $1.1 billion and resolving national security concerns with its investor G42. Read more

DFC to Triple Funding for AI Data Centers and Minerals

The US International Development Finance Corporation plans to increase its funding significantly, focusing on AI data centers and critical minerals, with an expansion into Latin America and countries like Canada and Australia. Read more

Corpy Secures Venture Debt Funding for AI Expansion

Corpy, an AI startup in Tokyo, has received venture debt funding from Funds Startups Inc. to enhance its AI solutions in mission-critical sectors, focusing on its CONFIDE platform. Read more

PandaDoc Secures €5 Million for AI and Team Expansion

PandaDoc, a document automation platform, has raised €5 million to enhance its AI capabilities and expand its team in Europe. The funding round was led by Índico Capital Partners. Read more

Evocative Secures Funding for AI Data Center Upgrades

Infrastructure provider Evocative has received debt financing from a global investment firm to enhance its AI data center capabilities, alongside equity support from Crestline Investors. Read more

CACI to Acquire ARKA Group for $2.6 Billion

U.S. defense contractor CACI International plans to acquire space technology provider ARKA Group for $2.6 billion in cash, aiming to boost its national security and space intelligence capabilities. Read more

Filevine Acquires AI Firm Pincites

Legal technology company Filevine has acquired Pincites, an AI-powered contract redlining firm, to enhance its capabilities in corporate law. Read more

Q Fund Invests in AI Startup QPioneers

Saudi Arabia-based AI startup QPioneers has received its first funding round from Q Fund, part of Qewam Holding, to advance its AI-powered Startup Operating System. Read more

Alphabet to Acquire Intersect Power for $4.75 Billion

Alphabet has announced its agreement to acquire Intersect Power for $4.75 billion. The acquisition aims to enhance data center and energy generation capacity. Read more

Enlightra Secures $15M for Light-Based Data Transmission

The Swiss-American startup Enlightra has raised $15 million to develop chip-scale laser technology for data transmission, aiming to replace copper cables in data centers and improve AI infrastructure efficiency. Read more

NobodyWho Secures €2M for Local AI Models

Copenhagen-based startup NobodyWho has raised €2 million in pre-seed funding to develop Small Language Models that operate locally on devices, offering a privacy-focused alternative to cloud AI solutions. Read more

ServiceNow Acquires Armis for $7.75 Billion

ServiceNow has announced its acquisition of cybersecurity startup Armis for $7.75 billion, aiming to enhance its AI and cybersecurity capabilities. Read more

Dazzle Raises $8M for AI Personal Assistants

Marissa Mayer's new startup, Dazzle, has secured $8 million in a seed round led by Kirsten Green of Forerunner Ventures. The company focuses on developing AI personal assistants. Read more

Snowflake in Talks to Acquire Observe Inc. for $1 Billion

Snowflake is reportedly in advanced discussions to acquire Observe Inc., an AI observability firm, for around $1 billion. This move aims to bolster Snowflake's capabilities in AI-driven infrastructure and application monitoring. Read more

Straia Launches with a16z Speedrun Funding for AI in Education

EdTech startup Straia has emerged from stealth mode with pre-seed funding from a16z Speedrun and others, aiming to tackle data fragmentation in higher education. Read more

Scissero Acquires Robin AI's Managed Services Team

UK-based AI legal services provider Scissero has acquired the managed services team from Robin AI, expanding its client base and facilitating international market growth. Read more

No Barrier Secures Funding for AI Medical Translation

Startup No Barrier is using AI to enhance medical translation services, helping over 26 million US residents with limited English proficiency. The company has raised $2.7 million in seed funding and operates in more than 100 healthcare sites across 12 states, providing real-time translation in over 40 languages. Read more

Lemon Slice Raises $10.5M for Video Avatar Tech

Lemon Slice has secured $10.5 million in seed funding from Y Combinator and Matrix Partners to advance its interactive video avatar technology. The funds will aid in hiring and further development of their Lemon Slice-2 model. Read more

EDT&Partners Acquires eFlow for AI Learning

EDT&Partners has acquired eFlow, an AI-powered learning platform, to enhance its educational delivery and engagement capabilities. This acquisition aims to integrate eFlow's technology with EDT&Partners' expertise, improving educational experiences and expanding their presence in the Middle East. Read more

ClickUp Acquires AI Startup Codegen for $4 Billion

ClickUp has announced its acquisition of AI coding startup Codegen for $4 billion. This acquisition aims to integrate Codegen's AI coding agents into ClickUp's platform, enhancing software creation for non-technical teams. Read more

Lucid Capital Secures $2.5 Million Seed Funding

US-based fintech company Lucid Capital has raised $2.5 million in a Seed funding round led by Tharawat Holding to enhance its AI research and trading infrastructure. Read more

MiniMax AI Firm Clears Hong Kong IPO Listing Hearing

Chinese AI company MiniMax has passed the listing hearing for its IPO on the Hong Kong Stock Exchange, with plans to launch in January 2026. The IPO aims to raise between $500 million and $700 million. Read more

NIST and MITRE Launch AI Centers for Manufacturing and Cybersecurity

The NIST has announced a $20 million investment to create two centers with MITRE Corporation to enhance AI in U.S. manufacturing and critical infrastructure cybersecurity. Read more

ADQ and Gates Foundation Invest $40 Million in AI Education in Africa

ADQ and the Gates Foundation have announced a $40 million investment to enhance education in sub-Saharan Africa using AI and education technology. Read more

Cautio Acquires Bytes to Boost 2-Wheeler Safety in India

Bengaluru-based visual telematics startup Cautio has acquired Bytes, an AI-powered 2-wheeler safety technology startup, to enhance road safety for India's 2-wheeler riders. Read more

vLLM Startup Seeks $160 Million for AI Commercialization

The startup behind the open-source project vLLM is in discussions to raise $160 million to commercialize its AI technology, aiming for a $1 billion valuation. Read more

Closer Robotics Secures ¥420 Million for AI Robots

Japan-based startup Closer Robotics has raised ¥420 million in a Pre-Series A funding round to enhance its AI-powered industrial robots for sectors like food, cosmetics, and pharmaceuticals. Read more

Daikin Enters AI Data Center Cooling Market with Acquisitions

Daikin Industries has announced its entry into the AI data center cooling market by acquiring two U.S. companies. This move aims to meet the increasing demand for efficient cooling technologies in the U.S. data center sector. Read more

ScrubMarine Raises $1 Million for Autonomous Robots

ScrubMarine, a UK startup, has secured $1 million in pre-seed funding to advance its autonomous robotic systems for maritime inspection and maintenance. Read more

HCLSoftware to Acquire AI Startup Wobby

HCLSoftware plans to acquire Wobby, a Belgian startup specializing in AI Data Analyst 'Agents', to enhance its data insights capabilities. The acquisition is expected to be completed by February 2026. Read more

HCLSoftware to Acquire Jaspersoft from Cloud Software Group

HCLSoftware has announced plans to acquire Jaspersoft from Cloud Software Group to boost its AI-powered analytics capabilities. The acquisition is set to enhance its Data & AI division and expand its global developer community reach. Read more

Permira and Warburg Pincus to Acquire Clearwater Analytics for $8.4 Billion

Private equity firms Permira and Warburg Pincus have agreed to acquire Clearwater Analytics for $8.4 billion, including debt. The transaction is expected to close in the first half of 2026. Read more

Ambassador Raises $7M for HiroAI Launch

Seattle startup Ambassador has secured $7 million in funding to launch HiroAI, an AI tool for analyzing customer feedback and enhancing engagement strategies. Read more

Endeavor Global to Raise $300 Million for AI Startups

The nonprofit organization Endeavor Global is planning to raise up to $300 million to support AI and high-growth startups in emerging markets, enhancing its co-investment arm, Endeavor Catalyst. Read more

Newera.ai Raises $2.1 Million for AI Expansion in Saudi Arabia

Newera.ai, a Saudi-based AI startup, has secured $2.1 million in pre-seed funding to boost its generative AI solutions and support its expansion efforts in Saudi Arabia. Read more

BriefCatch Raises $6 Million for AI Legal Writing Platform

BriefCatch has secured $6 million in Series A funding to enhance its AI platform for legal writing. The funding will support platform development and expansion in the legal sector. Read more

Ubtech Robotics Acquires Zhejiang Fenglong Electric for 1.6 Billion Yuan

Ubtech Robotics has announced the acquisition of a 43% stake in Zhejiang Fenglong Electric for 1.6 billion yuan, aiming to enhance its AI robotics capabilities. Read more

Angle Health Raises $134 Million for AI Health Platform

Angle Health has secured $134 million in Series B funding to expand its AI-driven health benefits platform, which supports over 3,000 employers across 44 states. Read more

Planys Technologies Raises $12 Million for AI Underwater Robotics

Abu Dhabi-based Planys Technologies has secured $12 million in funding to expand its AI-powered underwater inspection services in the Middle East. Read more

Xynova Secures $13 Million in Funding for Robotics

Chinese robotics startup Xynova has raised over $13 million in an angel funding round to enhance research and development, expand its team, and begin mass production of its advanced robotic hands and micro actuators. Read more

Farmevo Receives Investment and Moves HQ to NYC

Farmevo has secured investment from Gutter Capital and is relocating its headquarters to New York City to expand its AI-driven remote sensing solutions in agriculture and forestry across North America. Read more

Thales Wins £10 Million AI Contract for Royal Navy

Thales has secured a £10 million contract from the UK’s Defence Equipment and Support to develop AI-driven command centres for the Royal Navy's Mine Counter Measures. This project aims to enhance mine hunting operations and support the UK's 'Hybrid Navy' vision. Read more

Brivo and Eagle Eye Networks Merge for AI Security Platform

Brivo and Eagle Eye Networks have announced their merger to create a unified AI-driven security platform. The new entity will operate under the Brivo name, integrating access control, video intelligence, and more. Read more

Octopus Energy Spins Off Kraken as AI Business

The UK-based company Octopus Energy has separated its software division, Kraken, into an independent entity valued at $8.65 billion, following a $1 billion funding round. Read more

team.blue Acquires AI Startup Macaly

team.blue has acquired the Czech AI startup Macaly to enhance its software development capabilities. The acquisition will allow team.blue to offer users the ability to create web applications using natural language prompts. Read more

Zhipu AI Plans Hong Kong IPO

Chinese AI firm Zhipu AI is set to become the first large language model developer to go public in Hong Kong, aiming to raise HK$4.35 billion in its IPO. Read more

Corti's IPO Plans Delayed Beyond 2026

Danish healthcare AI startup Corti has announced plans to go public, but CEO Andreas Cleve confirmed that this will not occur in 2026. The company is known for its AI infrastructure in healthcare, managing numerous patient interactions daily. Read more

Prance Holdings Secures Seed Funding for AI Recruitment

Prance Holdings has completed a seed funding round led by DEEPCORE to advance its AI-driven recruitment platform in Japan. Read more

Rideflux Raises $13.9M for Autonomous Trucks

Rideflux, a Korean startup specializing in autonomous driving, has secured $13.9 million in pre-IPO funding. The funds will be used to advance its unmanned technology and expand autonomous truck operations. Read more

NanoXplore Secures €20 Million for Defense AI Expansion

French chipmaker NanoXplore has obtained €20 million from MBDA and Bpifrance to enhance its AI capabilities in the defense sector, focusing on security products and European growth. Read more

Databricks Raises $4 Billion in Series L Funding

Databricks has announced raising over $4 billion in a Series L funding round, valuing the company at $134 billion. The funding aims to support the development of AI applications and enhance its product offerings. Read more

Leona Health Raises $14M to Improve Doctor-Patient Communication

Leona Health has secured $14 million in seed funding from Andreessen Horowitz to enhance doctor-patient communication via WhatsApp in Latin America. The AI-powered app aims to help doctors manage communications more efficiently across 14 countries and 22 medical specialties. Read more

Digantara Secures $50 Million for Missile Defense Tech

Indian startup Digantara has raised $50 million to advance its space-based missile tracking technology, aiming to expand operations globally. Read more

Safebooks Inc. Raises $15 Million for Revenue Data Automation

Safebooks Inc., a San Francisco-based company, has secured $15 million in seed funding to launch its Agentic Revenue Integrity solution, which automates revenue data integrity for finance teams. Read more

BrainChip Secures $25M for Akida AI Chips

Australian company BrainChip has raised $25 million to advance its Akida chips and on-device AI technology, with plans to present at CES. Read more

Harness Valued at $5.5 Billion After $240 Million Funding

Harness has secured $240 million in Series E funding, elevating its valuation to $5.5 billion. The company focuses on automating the 'after-code' phase of software development. Read more

Praemium Acquires Technotia Laboratories for AI Platform

Wealthtech company Praemium has announced its acquisition of Technotia Laboratories for $7.5 million to develop an AI-powered platform for high-net-worth clients, with completion anticipated by January 2026. Read more

Synergetics.ai Receives Investment for SGTX Token Launch

Synergetics.ai has received a strategic investment from Taisu Ventures to support the launch of its SGTX token. This partnership aims to enhance the development and deployment of Synergetics.ai's blockchain technology. Read more

MoEngage Secures $180 Million in Series F Funding

MoEngage, a customer engagement platform, has raised $180 million in a Series F funding round led by ChrysCapital and Dragon Funds. The funds will be used for business expansion and investment in its Merlin AI suite. Read more

Vladimir Potanin Acquires Stake in Selectel

Russian billionaire Vladimir Potanin has acquired a 25% stake in cloud provider Selectel to enhance AI development, aligning with government initiatives. Read more

SCALE AI Secures $129M for Canadian AI Projects

SCALE AI has announced a funding round of $128.5 million to support 44 new AI projects across Canada, aiming to boost the country's competitiveness in AI technology deployment. Read more

Valerie Health Raises $30 Million for AI in Healthcare

Valerie Health has secured $30 million in Series A funding to enhance AI solutions for independent doctors' offices. The funding will support the development of tools to automate administrative tasks and improve patient care. Read more

GoDutch Raises €3.6M for AI Finance Platform

Amsterdam-based fintech company GoDutch has secured €3.6 million in seed funding to enhance its finance operating system for SMEs in Europe, aiming to reduce administrative tasks by 70%. Read more

Yann LeCun's New AI Startup Targets $3.5 Billion Valuation

Yann LeCun, former chief AI scientist at Meta, is planning a new AI startup with CEO Alexandre LeBrun, aiming for a $3.5 billion valuation. The startup seeks to raise $586 million to develop AI systems for robotics and transport. Read more

Salesforce Acquires Qualified to Boost AI Capabilities

Salesforce has announced its acquisition of Qualified, an AI marketing provider, to enhance its Agentforce platform. The acquisition aims to improve real-time engagement and automate customer journey tasks. Read more

United Fintech Receives Investment from Dansk Vækstkapital

United Fintech has secured a minority investment from Dansk Vækstkapital to support its global expansion and AI integration efforts. Read more

Nextech3D.ai to Acquire Krafty Labs by 2026

Nextech3D.ai has confirmed the acquisition of Krafty Labs, an AI-driven event engagement company, set to close on January 2, 2026. This move aims to enhance Nextech3D.ai's event technology platform. Read more

Rasmal Ventures Leads $12M Funding for Roamless

Qatar's Rasmal Ventures has led a $12 million Series A funding round for the US-based eSIM startup Roamless, aiming to enhance global connectivity with AI-driven solutions. Read more

FINNY Raises $17 Million for AI Platform

FINNY AI Inc has secured $17 million in Series A funding led by Venrock to advance its AI platform for financial advisors. The funds will be used to automate client acquisition and support growth through hiring and product development. Read more

Noitom Robotics Secures Pre-A+ Funding

Noitom Robotics has completed its Pre-A+ funding round led by Mingwei Venture Capital, with additional investments from other firms. The funding will support advancements in multi-modal data collection and processing for robotic intelligence. Read more

DP Technology Raises $114 Million for AI Research Tools

Beijing-based startup DP Technology Co. Ltd. has secured 800 million yuan in funding to advance its AI tools for scientific research, including applications in battery design and drug development. Read more

Lucidean Raises $18 Million for AI Technology

Lucidean, based in Santa Barbara, has secured $18 million in seed funding to advance its AI interconnect technology. The funding will support research and development of its CohZero™ platform. Read more

Hydra Drones Secures $5.4 Million for Drone Development

UK-based Hydra Drones has raised $5.4 million to finalize the development of its HYDRA-400 heavy-lift drone, which can carry up to 400 kilograms and uses a hybrid jet-electric propulsion system. Read more

Katalist Raises $1.5 Million for AI Video OS

Katalist, a startup from Slovenia, has secured $1.5 million in funding from South Central Ventures to develop an AI operating system for videographers, automating video production processes. Read more

Reface Secures €15.2 Million for User Acquisition

Kyiv-based AI startup Reface has raised €15.2 million in non-dilutive funding from PvX Partners to boost growth in its AI-powered consumer apps. Read more

Coforge to Acquire Encora for $2.35 Billion

Indian IT services provider Coforge plans to acquire AI firm Encora for $2.35 billion to enhance its AI capabilities and expand in the U.S. and Latin America. Read more

Atos Group Sells South American Operations to Semantix

The Atos Group has agreed to sell its South American operations to Semantix, a Brazilian company. This sale is part of Atos's strategy for sustainable growth and involves around 2,800 employees. Read more

Pinnacle Blooms Network Secures $70M for AI Expansion

Pinnacle Blooms Network has received a $70 million investment offer to expand its AI-powered Child Development Operating System, aiming to increase therapy centers and enhance services. Read more

Adani Group to Invest in Defence AI and Unmanned Systems

Adani Group plans a significant investment of ₹1.8 lakh crore in the defence sector, focusing on artificial intelligence and unmanned systems to boost India's military capabilities. Read more

I-care Achieves Unicorn Status with €20 Million Round

Belgium-based I-care has reached unicorn status after a €20 million fundraising and refinancing round, aiming to boost growth and prepare for future investments. Read more

AwanBiru Technology Wins RM16.4 Million Contract for Google AI Tools

AwanBiru Technology Bhd has been awarded two contracts worth RM16.42 million by the Malaysian Ministry of Higher Education to provide Google AI tools to public universities, enhancing the Google Workspace for Education ecosystem. Read more

SoftBank to Acquire DigitalBridge for $4 Billion

SoftBank Group plans to acquire DigitalBridge for $4 billion to enhance its AI infrastructure. The acquisition aims to expand data center and connectivity capacity, with the deal expected to close in the second half of 2026. Read more

Block Security Arena Valued at $30M After Seed Funding

Block Security Arena has achieved a $30 million valuation following its seed funding round. The company plans to tackle Web3 security issues by integrating AI tools with a gamified education system. Read more

Webrazzi GSYF Invests $1 Million in GameByte

Webrazzi GSYF has invested $1 million in GameByte, an AI-powered game creation platform, to enhance its capabilities and accessibility. Read more

Meta Acquires AI Startup Manus for $2 Billion

Meta Platforms Inc. has acquired Manus, a Singapore-based AI startup, for over $2 billion. The acquisition aims to integrate Manus's technology into Meta's platforms while maintaining its operational independence. Read more

SoftBank Increases Stake in OpenAI with $22.5 Billion Investment

SoftBank Group Corp. has increased its ownership in OpenAI to 11% following a $22.5 billion investment, completing a larger commitment made in March 2025. Read more

Goldman Sachs Finances AI Power Campuses in Texas

Goldman Sachs Group Inc. is co-leading a financing project to build private power campuses for AI in Texas. The initiative, in partnership with Newmark Group Inc., aims to support data centers with modular natural gas-fired generation, as announced by developer GridFree AI. Read more

xAI Expands Data Center with New Facility in Mississippi

xAI is expanding its data center complex by acquiring a warehouse in Southaven, Mississippi. This facility will support the existing and upcoming Colossus centers, enhancing xAI's compute power. Read more

MiniMax Secures $600 Million for Hong Kong IPO

Chinese AI startup MiniMax has received backing from Alibaba and the Abu Dhabi Investment Authority for its Hong Kong IPO, aiming to raise over $600 million. Read more

OneRobotics Raises $210 Million in Hong Kong IPO

OneRobotics, a Shenzhen-based company, has raised $210 million in its Hong Kong IPO to enhance R&D and expand its market presence, with plans to launch its humanoid household robot, H1, in early 2026. Read more

Sharge Technology Raises Funds for AI Glasses

Sharge Technology has secured nearly 100 million yuan in Series A+ financing to boost production of its AI glasses, aiming to ship over 100,000 units within a year. Read more

Nvidia in Talks to Acquire AI21 Labs for $3 Billion

Nvidia is reportedly negotiating to acquire Israeli AI startup AI21 Labs for up to $3 billion, aiming to boost its language model capabilities. Read more

Cvent to Acquire ON24 for $400 Million

ON24 is set to be acquired by Cvent for $400 million. The acquisition will enhance AI-powered webinar capabilities by combining ON24's digital engagement with Cvent's event technology. Read more

CoX Space Raises $854K for Gesture-Based AI

The company CoX Space has secured $854,000 in funding to advance a gesture-based AI interface, which is anticipated to be integral to the next generation of augmented reality (AR) glasses. Read more

Nukkleus Acquires Tiltan Software Engineering

Nukkleus Inc. has completed its acquisition of Tiltan Software Engineering Ltd., a company known for its defense AI simulation and navigation systems. This move strengthens Nukkleus's position in the defense AI market. Read more

ZenaTech Expands DaaS with Three Acquisitions

ZenaTech has completed three acquisitions to enhance its Drone-as-a-Service capabilities in North America, including companies in Washington, Illinois, and Halifax. Read more

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