Positron Skipped the Priciest Part of an AI Chip. Investors Just Valued It at $5 Billion.
Reno chip startup Positron just raised $875 million at a $5 billion valuation on a bet against high-bandwidth memory the priciest, scarcest part of an AI chip.
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Reno chip startup Positron just raised $875 million at a $5 billion valuation on a bet against high-bandwidth memory the priciest, scarcest part of an AI chip.
Harvey raised $550M at roughly a $15.5B valuation, double its March price, on $400M in revenue. Inside the 39x-multiple bet that AI eats the billable hour.
Cognition just raised $2B at a $48B valuation, doubling its price in four months as Devin's run-rate revenue nears $900M.
Samsung led a EUR3 billion Series D into Mistral AI, nearly doubling the French lab's valuation to about $24 billion in a year - with ASML and Nvidia along for the ride.
An AI benchmark leapt from 2.5% to 16% of real freelance jobs in eight months. In Nairobi, that abstract number already erased 40,000 essay-writing livelihoods.
Crusoe raised ~$3B at a $30B valuation, roughly tripling in 11 months, then signed a $13B AI cloud deal with trading firm Jane Street.
Nvidia is paying $12.93 billion for Hugging Face, the home of open-source AI and 18 million developers. It's the chipmaker's largest acquisition ever, and it just bought the town square where every AI builder meets.
VAST, the company behind text-to-3D platform Tripo, raised ~$446M across Series B and B+ — pushing AI 3D generation into foundation-model territory.
The Pentagon opened GenAI.mil to 3 million personnel with ChatGPT Mil and Grok for Government at IL5 clearance. Anthropic's Claude is the one vendor left out.
Socure raised $156M at a $5.2B valuation and bought agentic-AI startup Fravity to fight machine-speed fraud with AI agents of its own.
Hugging Face's Microduck is a $399 open-source biped that walks, falls, and self-recovers, retrainable with reinforcement learning, while the cheapest humanoid still starts at $13,500.
Andreessen Horowitz just closed a $1.1B 'Machine Age' fund for chips, power, cooling and robots. The VC that said software eats the world is now betting on the hardware underneath it.
Google's custom-chip deal could hand Marvell up to $120 billion in revenue. So why did the stock drop 7% on record earnings? The payoff doesn't land until fiscal 2029.
Instinct's personal AI agent hit a $2.5B valuation on a $250M Series B, up 50x in four months — as security experts flag its perpetual grip on your inbox.
Emerald AI raised $150M at a $1.05B valuation to make AI data centers throttle their own power when the grid is stressed — and says the trick could free 100+ GW on the existing U.S. grid.
Amazon is shutting down Mechanical Turk on Sept 30 after 21 years, ending the 500,000-worker 'artificial artificial intelligence' platform that helped train the AI now replacing it.
Nvidia is paying Poolside $6 billion to license its 'Model Factory' software, investing $1 billion more at a $12 billion valuation, and hiring 109 of the staff who built it — while insisting the deal isn't an acquisition.
OpenAI just let employees cash out $7 billion in stock at an $852 billion valuation — two months after a confidential SEC filing, and before a single public share trades.
Stripe is paying more than $7 billion for OpenRouter, a ~50-person startup that routes 400+ AI models and skims about 5% off every request. Here's why the payments giant just bought the AI tollbooth.
Groq raised $350M at a $3.5B valuation — half its $6.9B peak — after Nvidia licensed its tech and hired its founder. Inside the AI inference chip-maker's cloud pivot.
Etched, a transformer-only AI chip startup, just doubled to a $21 billion valuation on a $700M round led by Jane Street — with $1B in booked orders and one very concentrated bet.
Higgsfield raised a $400M Series B at a $5.4B valuation on $700M of annualized revenue — the fastest-growing proof that AI video finally has a real business model.
Databricks planned to raise $1 billion. Investors offered $15 billion. It took $5 billion at a $190 billion valuation — on a $7 billion run-rate growing 80% a year.
Google cut Gemini 3.7 Flash to $0.75/$3.75 per million tokens — a 50% intro discount aimed straight at Claude and GPT, with the price snapping back Jan 1, 2027.