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Groq Raises $650M, Hires Execs After Nvidia Deal
What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and is hiring new execs.
Sarvam Raises $234M, Becomes India's Newest AI Unicorn
Indian IT services company HCLTech is investing $150 million in the Bengaluru startup.
Foundation Alloy's AI-Driven Metals for Drones, Watches, and Knives
Instead of heating metals, Foundation Alloy beats them into submission. The startup has raised $22 million to scale up production of its alloys.
Probably Raises $9M for Reliable AI Infrastructure
Probably wants to prevent hallucinations and factual errors from reaching users, and achieve accuracy on par with deterministic systems.
AI-Powered Geothermal Energy Startup Secures $54M Funding
SpaceX alumni Andrew Redd is betting the ocean has vast amounts of untapped geothermal energy.
Jeff Bezos’ Prometheus Secures $12B for Physical AI
The new round values the physical AI startup that aims to automate heavy engineering and drug design at $41 billion.
Supabase Doubles Valuation to $10B in 8 Months, Boosted by AI
Supabase, an example of an open source project becoming a fast-growing company, has greatly benefited from AI tools like Claude, Codex, and other vibe-coding platforms.
Helion Secures $465M for Microsoft Fusion Power Plant
Fusion startup Helion is racing to complete a power plant for Microsoft by 2028. A fresh infusion of cash should help with that.
Benchmark Raises $2B Growth Fund, Breaks 20-Year Tradition
The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.
Unastella Secures $24M for South Korean Rocket Development
The Seoul-based rocket startup is developing its own launch vehicles and engines.
Alphabet Seeks $80B for AI Expansion
"The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply," Alphabet said in its statement.
XCENA Raises $135M for AI Memory Innovation
South Korean chip startup XCENA is betting that AI's real bottleneck is not compute, but memory.
Groq Aims to Raise $650M for AI Inference Focus After Nvidia Deal
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.
Thea Energy Raises $100M for Fusion Power Breakthrough
Thea Energy's pixel-inspired magnets could give its power plant plans a boost. The fusion startup hopes to get a commercial reactor working by 2034.
Convective Capital Raises $85M for Disaster Resilience
After launching to invest in fire tech, Convective is broadening its mandate to disaster resilience.
Cerebras Systems: The AI Chip Startup That Almost Failed
Cerebras Systems was 2026's biggest tech IPO so far. But years ago, it burned through hundreds of millions working on a chip many believed impossible.
Meridian Ventures Launches $35M Fund for MBA-Deferred Founders
This new fund will back founders building enterprise technology in the United States. Meridian is agnostic, co-founder Devon Gethers said, noting that the firm has already invested in companies in fintech, logistics, healthcare, and of course, AI.
Anduril Raises $5B, Doubles Valuation to $61B in 2025
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.
Origin Lab Raises $8M for AI Data Marketplace
Origin Lab will serve as a marketplace where AI labs can buy high-quality licensed data, and video-game companies can sell it.
Cowboy Space Raises $275M for Orbital Data Centers
Cowboy Space Corporation wants to put data centers in orbit. First, it has to build the rockets to get them there.
AI Infrastructure Startup Secures Funding for Scalable Inference Stack
News about venture investment in scalable AI inference infrastructure.
Former Twitter CEO Launches $100M AI Infrastructure Startup
Former Twitter CEO Sets Sails for $100M AI Infrastructure Initiative In a bold move, the former CEO of Twitter, Bhavin Bunshaw, has unveiled an ambitious projec…
Anthropic Aims for $900B Valuation in New Funding Round
The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.
David Silver's Ineffable Intelligence Raises $1.1B for AI Innovation
Ineffable Intelligence, a British AI lab founded a mere few months ago by former DeepMind researcher David Silver, has raised $1.1 billion in funding at a valuation of $5.1 billion.
Hyperscale Data Center in Utah: Powering AI and Jobs
A massive **hyperscale data center project** in rural **Box Elder County, Utah**, led by Shark Tank investor Kevin O’Leary through his company O’Leary Digital (also known as the **Stratos Project** or **Wonder Valley**), is nearing final approval. The development, spanning about 40,000 acres of private land plus 1,200 acres of military and state-owned property, aims to host hyperscale data centers for tech giants like Amazon, Microsoft, and Google. It would generate its own power via natural gas from the Ruby Pipeline — starting at around 3 gigawatts in the first phase and scaling to 9 gigawatts at full buildout, exceeding Utah’s current statewide electricity consumption. Proponents highlight benefits including 2,000 permanent high-paying jobs, substantial tax revenue for Box Elder County (potentially $30 million initially, rising above $100 million annually), funding for modernization at Hill Air Force Base, and advanced water recycling technology that cleans and returns water to an aquifer feeding the **Great Salt Lake**, with minimal net usage. To attract the limited pool of hyperscalers, the Military Installation Development Authority (MIDA) has approved aggressive incentives, including slashing the energy use tax from 6% to 0.5%, significant property tax rebates (with 80% initially directed back to the developer), and personal property tax relief on rapidly depreciating equipment. The project still requires final sign-off from the Box Elder County Commission, which rescheduled its vote to Monday morning after commissioners expressed concerns about the rapid timeline and sought more resident input and legal review. O’Leary has praised Utah’s pro-business speed and framed the initiative as critical for U.S. competitiveness against China in AI and data infrastructure.