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Atomic Insights has raised $10 million in seed funding led by Aquiline. The fintech startup builds tools to simplify money movement for RIAs and family offices.
Enterprise AI firm Articul8 has raised more than half of its planned $70 million Series B round. The company is now valued at $500 million and plans to expand across Europe and Asia.
Elon Musk-founded xAI has raised $20 billion in a Series E round, above its original target. The funding brings in major financial and strategic investors as xAI scales compute and products.
SoftBank has completed its full commitment to invest in OpenAI after closing an additional $22.5 billion round. The final investment brings SoftBank’s ownership in OpenAI to around 11%.
MoEngage has raised an extra $180 million in its ongoing Series F round. The funding also included a liquidity event for employees and early backers.
Databricks has raised more than $4 billion in a Series L round at a $134 billion valuation. The company says its revenue run-rate has crossed $4.8 billion, growing over 55% from last year.
Jeff Bezos has co-founded and will co-lead the AI start-up Project Prometheus, which received $6.2 billion in funding. The company focuses on AI for engineering, manufacturing, and aerospace applications.
AI coding assistant Cursor has raised $2.3 billion in a large Series D round, taking its valuation to $29.3 billion. The company plans to use the capital to build its in-house AI models and expand its product capabilities.
Anthropic has raised $13 billion in a Series F round led by ICONIQ. The deal values the AI company at $183 billion post-money and brings in a long list of global investors.
Scale AI has received a major strategic investment from Meta Platforms, valuing the company at over $29 billion. The deal expands the companies’ commercial partnership and marks a leadership transition at Scale.
SoftBank Group plans to invest up to $40 billion more in OpenAI through a new follow-on deal. The move deepens its bet on AI as it looks to back OpenAI’s next phase of growth.