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Higgsfield raises $80M Series A after hitting $200M annual run rate
Higgsfield has raised $80 million in a Series A extension, bringing total Series A funding to $130 million. The AI video platform now runs at a $200 million annual rate and serves millions of users daily.
Deepgram raises USD 130 million Series C at USD 1.3B valuation
Deepgram announced it has raised USD 130 million in a Series C funding round. New capital will help grow its real-time voice AI platform and build new services.
Intel spinout Articul8 raises Series B at $500M valuation
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.
xAI raises $20B Series E with backing from NVIDIA, Fidelity
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.
LMArena secures USD 150 million Series A funding
LMArena, an AI evaluation platform, raised USD 150 million in Series A funding. The round was led by Felicis and UC Investments with top investors joining in.
Lyte raises USD 107 million to build perception tech for robots
Lyte has revealed itself with USD 107 million in funding. The company builds perception systems that help robots see and act safely.
Manus joins Meta in a USD 2 billion deal to scale its AI agentsI’m
Manus has joined Meta in a strategic acquisition valued at USD 2 billion. The company will continue to run its product and operations from Singapore.
SoftBank finishes $40B OpenAI deal with $22.5B top-up
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 raises $180M more in Series F, total hits $280M
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 Raises Over $4B in Series L at $134B Valuation
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 co-leads AI start-up Project Prometheus with $6.2B backing
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.
Cursor raises $2.3B Series D at $29.3B valuation
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 raises $13B Series F led by ICONIQ
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 raises strategic investment from Meta at over $29B valuation
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 commits up to $40B more to OpenAI
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.
Google Cloud agrees to acquire Wiz for USD 32 billion
Google has signed a deal to buy cloud security firm Wiz for USD 32 billion. The move strengthens Google Cloud’s push into security and multicloud services.