OpenAI's $750B AI Infrastructure Investment & More - AI Funding Brief #75
July 28, 2026 -
AI Funding Brief
Hi there,
Welcome to the latest edition of the AI Funding Brief, where we bring you the most recent developments in the world of AI business investments and acquisitions. This week, we have a diverse array of stories highlighting significant financial movements and strategic acquisitions in the AI sector. Cognition has acquired The Interaction Company to enhance its coding assistant, while Midjourney expands its product offerings by acquiring the astrology app Co-Star. In the realm of cybersecurity, Beelzebub has secured €3M in seed funding to bolster its AI-native platform.
In other news, Bristol Myers Squibb has acquired Nvidia's AI system to accelerate drug research, and Skyfall AI has launched a new initiative for autonomous enterprises. Meanwhile, Atoms has raised a staggering $1.7 billion in funding, marking a significant milestone in the robotics industry. These stories, among others, reflect the dynamic and rapidly evolving landscape of AI investments and acquisitions. Stay tuned for more insights and updates in this exciting field.
Welcome to the latest edition of the AI Funding Brief, where we bring you the most recent developments in the world of AI business investments and acquisitions. This week, we have a diverse array of stories highlighting significant financial movements and strategic acquisitions in the AI sector. Cognition has acquired The Interaction Company to enhance its coding assistant, while Midjourney expands its product offerings by acquiring the astrology app Co-Star. In the realm of cybersecurity, Beelzebub has secured €3M in seed funding to bolster its AI-native platform.
In other news, Bristol Myers Squibb has acquired Nvidia's AI system to accelerate drug research, and Skyfall AI has launched a new initiative for autonomous enterprises. Meanwhile, Atoms has raised a staggering $1.7 billion in funding, marking a significant milestone in the robotics industry. These stories, among others, reflect the dynamic and rapidly evolving landscape of AI investments and acquisitions. Stay tuned for more insights and updates in this exciting field.
SoftBank Eyes Acquisition of Gravis Robotics
SoftBank Group Corp is considering acquiring Gravis Robotics AG, a Zurich-based company specializing in AI for autonomous earthmoving equipment, in a deal potentially exceeding $500 million. Read more
Percent and Trillium Launch AI Compute Credit Marketplace
On July 23, 2026, Percent and Trillium Technologies introduced a new marketplace for compute credits, aimed at financing AI infrastructure through prepaid computing capacity. Read more
GR0 Acquires Ultimate AI's Deployment Division
GR0, a digital marketing agency, plans to acquire the deployment division of Ultimate AI to launch GR0 AI, focusing on AI-driven revenue systems for ecommerce brands. Read more
AegisAI Raises $36 Million to Fight AI Phishing
AegisAI, an email security startup, has secured $36 million in Series A funding led by Battery Ventures to enhance its AI-driven defense against spear phishing attacks. Read more
Midjourney Acquires Astrology App Co-Star
Midjourney has acquired the astrology app Co-Star, which boasts 4.3 million monthly active users. This acquisition is part of Midjourney's strategy to broaden its product offerings. Read more
Beelzebub Secures €3M Seed Funding for AI Cybersecurity
Beelzebub, an AI-native cybersecurity platform, has raised €3M in seed funding led by United Ventures. The funds will be used to expand its research team and open new offices in Rome and San Francisco. Read more
Keyfactor Acquires Cofide for AI Security
On July 27, 2026, Keyfactor announced its acquisition of UK-based Cofide to enhance security for AI agents in cloud environments. This move aims to improve Keyfactor's Trust Control Plane by managing non-human identities more effectively. Read more
Bristol Myers Squibb Acquires Nvidia's AI System for Drug Research
Bristol Myers Squibb has acquired the DGX SuperPOD AI computing system from Nvidia to enhance its drug discovery and development operations. Read more
CuspAI Launches AI Materials Foundry with Major Partners
CuspAI has initiated the AI Materials Foundry with over 48 partners, including Nvidia, Meta, and Hyundai, to advance semiconductor material development using AI. Read more
Skyfall AI Launches Neolab for Autonomous Enterprises
Skyfall AI, founded by the team behind Maluuba, has emerged from stealth with funding from several investors. The company plans to acquire a small SaaS business to test its AI systems aimed at creating fully autonomous businesses. Read more
Anthropic Invests $10 Million CAD in Canadian AI Research
Anthropic has announced a $10 million CAD investment to support AI research in Canada, benefiting institutions like the Alberta Machine Intelligence Institute, Mila, and the Vector Institute. The initiative aims to enhance research capabilities and promote responsible AI applications. Read more
Falfurrias Growth Partners Invests in FactorLab
Falfurrias Growth Partners has announced a strategic investment in FactorLab, aiming to enhance AI-powered safety solutions in high-risk industries. Read more
Karoo Health Secures $16.2 Million for AI Cardiovascular Platform
Karoo Health has closed a $16.2 million Series A funding round, co-led by 7wire Ventures and Allumia Ventures, to enhance its AI-driven cardiovascular care platform. Read more
Alocity Secures Series A Funding for AI in Security
Alocity has completed its Series A funding round to boost AI-driven physical security solutions, focusing on product innovation and expansion. Read more
Nvidia Expands Financing Talks with OpenAI
Nvidia is negotiating a $250 billion financing guarantee for OpenAI's data center project in Ohio, expanding from an earlier $100 billion plan. Read more
Etched AI Chip Startup Valued at $10.3 Billion After Funding
AI chip startup Etched has achieved a $10.3 billion valuation following a $300 million Series C funding round led by Sequoia. The company has rapidly doubled its valuation and secured significant orders for its AI systems. Read more
Enigma Secures $71M for Human-Robot Interaction Development
Enigma, a robotics research lab, has raised $71 million to enhance human-robot interaction interfaces. The funding will support the development of intuitive communication methods with robots housed in facilities in Israel and California. Read more
Samsung Considers €1 Billion Investment in Mistral
South Korea's Samsung is in discussions to invest €1 billion in the French AI start-up Mistral, which seeks a €20 billion valuation. This is part of a larger fundraising initiative involving EQT’s Scaleup Europe Fund. Read more
Naver, Brookfield, and NVIDIA Invest $10 Billion in Korea's AI Infrastructure
NAVER, Brookfield, and NVIDIA have announced a $10 billion investment to expand AI infrastructure in Korea, including increasing the capacity of the NVIDIA DSX™ AI factory at NAVER's GAK Sejong data center. This initiative aims to bolster AI capabilities in Korea and the U.S. Read more
Vusion Acquires In-Store Media
The acquisition by Vusion of In-Store Media is aimed at enhancing their AI-powered retail media solutions for better in-store advertising and customer engagement. Read more
Galaxy Digital Raises $3.507 Billion for Texas AI Data Centers
Galaxy Digital Inc. is raising $3.507 billion through senior secured notes to fund the construction of two AI data center buildings in Texas, with a total capacity of 400 megawatts. Read more
Rescale Receives DOE Funding for AI Engineering Initiative
Rescale has been awarded funding from the U.S. Department of Energy to apply agentic AI on engineering simulation codes, aiming to improve tool adoption by U.S. manufacturers. Read more
Care Career Acquires MAS Medical Staffing
Care Career has acquired MAS Medical Staffing to enhance its AI-driven workforce solutions, aiming to boost its revenue significantly by the end of 2026. Read more
Cognition Acquires The Interaction Company
Cognition has acquired The Interaction Company of California to integrate the AI assistant Poke's interaction style into its coding assistant, Devin, aiming to enhance user experience. Read more
DarioHealth Raises $23.5 Million for AI Healthcare
DarioHealth Corp. has announced a registered direct offering to raise approximately $23.5 million. The funds will support the advancement of AI-powered healthcare solutions. Read more
Nordic Capital Sells ArisGlobal to Dassault Systèmes
Nordic Capital has announced the sale of ArisGlobal to Dassault Systèmes. This move is set to enhance AI capabilities in the life sciences sector. Read more
Atoms Secures $1.7 Billion in Funding
Atoms, a robotics company founded by Travis Kalanick, has raised $1.7 billion in a funding round led by Andreessen Horowitz, with participation from Uber. Read more
Glow Raises $180M to Enhance Endpoint Security with AI
Glow, a cybersecurity startup, has emerged from stealth with a $1.2 billion valuation after securing $180 million in Series A funding. The company aims to use AI to improve endpoint security by preventing cyber threats in enterprise environments. Read more
Health Endeavors Launches AI Care Suite with Decathlon Investment
Health Endeavors, LLC has launched an AI-powered care management suite, supported by an investment from Decathlon Capital Partners. The suite includes a virtual care manager named Alex to enhance patient engagement and support value-based care. Read more
Natural Secures $30M for AI Payments Infrastructure
Natural, a San Francisco-based company, has raised $30 million in Series A funding to develop a payments infrastructure for AI agents, led by Kirsten Green at Forerunner. Read more
Vertiv Acquires Strategic Thermal Labs
On July 20, 2026, Vertiv announced the acquisition of Strategic Thermal Labs, a company known for its expertise in liquid cooling and thermal engineering. This move is intended to bolster Vertiv's offerings in AI and high-performance computing cooling solutions. Read more
Siemens Acquires Precision Innovations for AI Chip Design
Siemens has announced the acquisition of Precision Innovations, a company known for its electronic design automation software. This move is intended to enhance Siemens' capabilities in AI-powered chip design, aiding semiconductor teams in optimizing design processes. Read more
Meshy Raises $400 Million, Valued at $1.5 Billion
Meshy, an AI 3D generation company, has secured nearly $400 million in Series B funding, achieving a valuation of $1.5 billion. This marks the largest funding round for AI 3D companies to date. Read more
Siemens Acquires Defacto Technologies
Siemens has announced its acquisition of Defacto Technologies, aiming to enhance its EDA portfolio with automated SoC design capabilities to address semiconductor design complexities. Read more
SkyPilot Secures $20M for AI Compute Platform
SkyPilot has raised $20 million in seed funding to launch a unified AI compute platform aimed at helping AI teams manage compute resources across different infrastructures. Read more
Augustus Raises $180M to Expand AI Banking Solutions
Augustus has secured $180 million in Series B funding, reaching a $1 billion valuation. The investment will enhance its AI-driven banking platform for fintechs and banks globally. Read more
Tuya Smart Invests in Robopoet for AI Commercialization
Tuya Smart has invested in Robopoet during its pre-A financing round to boost the commercialization of physical AI. The investment follows the success of Robopoet's product Fuzozo, with nearly 300,000 units sold. Read more
Neo Raises $100 Million for AI Security Solutions
Israeli startup Neo has secured $100 million to enhance security for autonomous AI agents in enterprises, founded by former SentinelOne executives. Read more
PaleBlueDot AI Secures $255 Million for AI Expansion
PaleBlueDot AI has obtained a $255 million credit refinancing facility to boost its AI infrastructure, with funding from Brookfield Asset Management and Tor Investment Management. Read more
OpenAI Announces $750 Billion AI Infrastructure Investment
OpenAI has revealed plans to invest $750 billion in AI infrastructure by 2030, starting with a $20 billion data center project in Georgia. Read more
IBM Earnings Miss, CEO Addresses Mainframe Decline
IBM reported a 42% decline in its mainframe business earnings for the quarter. CEO Arvind Krishna attributed the drop to customers delaying purchases due to rising costs, but remains optimistic about future sales. Read more
ServiceNow Invests $40 Million in BusinessNext
U.S. enterprise software company ServiceNow has invested $40 million in Indian banking software firm BusinessNext to enhance its financial services capabilities and expand its global presence. Read more
OpenAI to Build $20 Billion Data Center in Georgia
OpenAI plans to establish a $20 billion data center campus in Effingham County, Georgia. The project, named 'Project Camellia,' will receive a 50% property tax abatement for 15 years and aims to support the community with $80 million during its development. Read more
AMD to Supply Anthropic with AI Servers and Invest $5 Billion
Advanced Micro Devices (AMD) will provide Anthropic with AI servers worth tens of billions and invest up to $5 billion in the startup. This strategic move is part of AMD's efforts to strengthen its position in the AI market. Read more
StrongestLayer Raises $4.1 Million for AI Email Security
StrongestLayer has secured $4.1 million in funding to enhance its AI-driven email security solutions, bringing its total seed funding to $9.3 million. The round was led by Inovia Capital, with contributions from several other investors. Read more
Trooly Secures $20M for AI Research Platform
Trooly has launched an AI-native user research platform in North America with nearly $20 million in seed funding. The platform offers 45-minute in-depth interviews with global consumers, aiming to provide deeper insights than traditional methods. Read more
U.S. Public Pensions Achieve Best Funded Status Since 2009
The Equable Institute reports that U.S. public pension systems have reached an 85% funded ratio, the highest since 2009, with significant exposure to AI-related companies. Read more
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