AI funding rounds, valuations, M&A, and investment moves.
Sat, July 4Model/API
Mistral AI: The OpenAI Competitor You Need to KnowMistral AI offers partially open-source AI models and has raised substantial funding since its founding in 2023, aiming to put frontier AI in everyone's hands.
Fri, July 3Model/API
Kuaishou Stock Rises on Tencent's $2.8B Kling AI InvestmentKuaishou's stock surged after Tencent joined a $2.8 billion funding round for its Kling AI subsidiary.
Fri, July 3Agent
Microsoft invests $2.5B in 'Frontier Company', stations 6,000 AI engineers at enterprise clientsMicrosoft creates a new unit with $2.5 billion, deploying 6,000 engineers on-site to integrate AI into core business processes and ensure measurable ROI.
Fri, July 3Research
Kayne Anderson CEO on Bridgepoint Deal: AI Infrastructure & Healthcare Real Estate Create Decade-Long Super CycleBridgepoint bets $1.4B on US real estate; Kayne Anderson CEO Al Rabil says it’s preparing for a 'decade-long super cycle.'
Thu, July 2Research
AI Debt Boom Drives Private Bond Market GrowthAI companies' heavy borrowing is expanding the private bond market.
Thu, July 2Tools
Meta Considers Cloud Computing Business to Monetize AI SpendingMeta is exploring a cloud computing business to generate revenue from its AI investments.
Thu, July 2Tools
Homebuilding AI Startup Higharc Raises $90M Series CHomebuilding AI startup Higharc secures $90M Series C funding.
Thu, July 2Research
Musk Denies SpaceX AI Phone Prototype ReportElon Musk calls WSJ report on SpaceX AI phone prototype 'completely false'.
Thu, July 2Tools
Ashton Kutcher Leaves Sound Ventures, Co-founds New VC with Morgan Beller Focused on AI Infrastructure and EnergyAshton Kutcher leaves AI lab-focused Sound Ventures to co-found a new VC with Morgan Beller, targeting AI infrastructure and energy.
Wed, July 1Tools
Meta Plans to Monetize Excess AI Compute, Enter Cloud Infrastructure MarketMeta is developing a cloud infrastructure business to sell AI compute and models, competing with AWS, Google Cloud, and Azure.
Wed, July 1Tools
AI Video Search Startup Raises $100M from Amazon and VCsAn AI video search startup raised $100 million from Amazon and venture capital funds.
Wed, July 1Model/API
Nvidia rival Etched secures $1B in AI chip sales at $5B valuationNvidia competitor Etched signs over $1B in contracts for its inference systems, reaching a $5B valuation.
Tue, June 30Research
Lawyer Who Defeated Musk Twice Takes the StageLawyer Bill Savitt defeated Elon Musk twice in court, including in the Musk v. Altman case, causing Musk to lose his temper.
Sat, June 27Tools
MRAgent Memory System Cuts Token Usage 27xMRAgent reduces LLM token consumption by up to 27x via optimized agent memory management.
Sat, June 27Research
Frontier Model Delays Erode Profit WindowDelays in releasing frontier models are shrinking the short window for labs to recoup massive training costs.
Thu, June 25Model/API
Snowflake CEO Finds GLM-5.2 Costs One-Fifth of Opus 4.7, Nears PerformanceGLM-5.2 achieves near Claude Opus 4.7 performance on Snowflake benchmark at one-fifth the cost.
Wed, June 24Model/API
OpenAI unveils first self-developed chip Jalapeño, made by BroadcomOpenAI launches its first self-designed chip Jalapeño, tailored for inference systems.
Wed, June 24Tools
Seltz Raises $12.5M Seed to Rebuild Web Search for AI AgentsSeltz raises $12.5M seed round to rebuild web search for AI agents.
Wed, June 24Tools
AI Memory Startup Raises $98M to Cut Token CostsA startup reducing AI memory token costs raised $98M.
Wed, June 24Tools
Anthropic Investor Menlo Ventures Raises $3B for AI StartupsMenlo Ventures raises $3 billion to invest in AI startups at all stages.
Wed, June 24Research
AI Startup Engram Raises $98M with 13 Employees, Valued at $600MAI startup Engram raised $98 million with only 13 employees, reaching a $600 million valuation.
Tue, June 23Tools
Fika Jobs raises $4M for video-first hiring platform with AI interview agentsStockholm startup Fika Jobs raised $4M to build a video-first recruitment platform combining AI interview agents with short video profiles.
Tue, June 23Tools
AI Memory Startup Focused on Token Cost Reduction Raises $98MAn AI memory startup focused on reducing token costs raised $98M.
Tue, June 23Tools
Anthropic & Micron Partner on AI Memory ArchitectureAnthropic and Micron partner to design AI memory architecture, with Micron investing in Anthropic's Series H and securing a long-term memory supply contract.
Tue, June 23Tools
Google Invests $75M in A24 for AI Filmmaking ToolsGoogle DeepMind partners with A24 in a $75M investment to develop AI filmmaking technology.
Tue, June 23Tools
SpaceX Signs Compute Deal with Open-Source AI Lab Reflection AISpaceX will provide Nvidia GB300 AI chips and hardware access to Reflection AI for $150 million monthly.
Mon, June 22Tools
Google Deepmind & A24 Partner on AI Filmmaking ResearchGoogle Deepmind partners with film studio A24, with ~$75M Google investment, to research AI filmmaking.
Fri, June 19Tools
Elastic acquires CRV-backed DeductiveAI for up to $85MElastic agrees to acquire AI debugging startup DeductiveAI for up to $85M.
Fri, June 19Tools
Output-Maximization Professor Anjney Midha Shares AMP's Secret PlanLegendary investor Anjney Midha, from Singapore roots to leading Anthropic, Mistral, Black Forest Labs, reveals AMP's secret plan.
Thu, June 18Model/API
General Intuition in Talks to Raise $300M at ~$2B Valuation, Including BezosGeneral Intuition is in talks to raise $300M at an ~$2B valuation, with investors including Jeff Bezos.
Thu, June 18Research
Yann LeCun Warns OpenAI and Anthropic Face 'Big Bubble Burst'Yann LeCun warns that AI labs like OpenAI and Anthropic are heading for a 'big bubble burst.'
Thu, June 18Tools
Companies Burning Through AI Budgets, Seek ROICompanies overspending on AI usage find budgets depleted rapidly, now struggling to measure ROI.
Tue, June 16Tools
SpaceX to Acquire AI Editor Cursor in $60B Stock DealSpaceX announced the acquisition of AI code editor Cursor for $60 billion in stock, days after going public.
Tue, June 16Tools
Probably Raises $9M to Build More Reliable AIAI reliability startup Probably raises $9 million to prevent AI from hallucinating and making factual errors.
Tue, June 16Tools
SpaceX to Acquire AI Editor Cursor in $60B Stock DealSpaceX announced it will acquire Cursor, an AI code editor, in a $60 billion stock deal days after IPO.