Leopold Aschenbrenner's hedge fund Situational Awareness committed $500 million to Source Foundry, a startup developing equipment to ease bottlenecks in advanced semiconductor manufacturing, just days after the fund suffered a 67% loss.
Australian AI infrastructure company Firmus Technologies has secured $2 billion in equity funding, nearly doubling its valuation to over $10.5 billion in four months. The round includes investments from Nvidia, Blackstone, Jane Street, and Coatue to expand AI data center infrastructure across Asia-Pacific.
Firmus Technologies has secured $2 billion in strategic equity funding at a valuation exceeding $10.5 billion, nearly doubling its valuation in four months. The round includes investments from Nvidia, Blackstone, Coatue, and other investors to expand AI data center infrastructure across Australia and Asia-Pacific.
Gravity, a startup that places advertisements inside AI platforms like ChatGPT for brands including Best Buy and Target, raised $30.5 million in Series A funding led by Lightspeed and Committed Capital. The company is now testing agent-to-agent advertising that targets AI bots directly.
Hadrian, which builds AI-powered automated factories for Pentagon contractors, closed a $1.37 billion Series D funding round at a $7.9 billion valuation. The company plans to expand from 700 to 2,000 employees and open three additional factories.
Chinese AI startup DeepSeek has restarted its second funding round targeting 50 billion yuan ($8 billion) at a pre-money valuation of 500 billion yuan ($74 billion), while simultaneously announcing significant price hikes for its services amid surging global demand.
Palo Alto-based AI lab Naïve has secured $28.5 million in Series A funding led by Nexus Venture Partners to develop infrastructure that enables AI agents to automate company setup and day-to-day business operations. Y Combinator, Zetta, Liquid 2, and angel investors including Gokul Rajaram participated in the round.
Climate-tech startup Mitti Labs has secured $9.5 million in Series A funding led by Aramco Ventures to develop GeoAI satellite technology aimed at improving water resilience in Asia's rice farming sector, which faces increasing pressure from climate change.
Pathos AI announced two significant licensing agreements for breast cancer treatments: a $2.2 billion deal with China's Alphamab Oncology for bispecific ADC JSKN016 targeting triple-negative breast cancer, and a co-exclusive agreement with AstraZeneca for ERα degrader AZD4241 for ER-positive breast cancer. The company is reportedly planning to raise a Series E round at a $3 billion valuation.
Obsidian Security has raised $85 million in Series D funding led by Crescent Cove Advisors, valuing the AI security startup at $1.1 billion. The company focuses on securing AI agents and non-human identities accessing enterprise data across third-party applications.
Nuclear startup Valar Atomics secured $1 billion in Series B funding led by Sequoia Capital, plus a $200 million credit facility, to shift from demonstrating small reactors to volume production for AI data centers.
Nuclear startup Valar Atomics closed a $1 billion Series B funding round led by Sequoia Capital, tripling its valuation from $2 billion to $6 billion. The company plans to use the funding to shift from demonstrating small modular reactors to volume manufacturing, targeting growing energy demands from artificial intelligence.
Ripple announced strategic investments in two UK-based fintech companies, ZILO and Licuido, to bring regulated transfer agency, issuance, and collateral mobility infrastructure to the XRP Ledger for tokenized capital markets.
OLIX, a two-year-old London-based AI chip startup founded by 25-year-old school dropout James Dacombe, has raised $312 million in Series B funding at a $3.3 billion valuation, tripling its previous valuation. The round was led by Fundomo with participation from Arm, Hudson River Trading, and Netflix co-founder Reed Hastings.
Xsight, a nine-year-old Israeli startup developing server networking and storage chips that connect GPUs, has secured $300 million in funding amid growing demand for data center infrastructure supporting AI workloads.
Simile, a startup developing AI-powered digital replicas of real consumers for market research, has secured $200 million in funding at a $2 billion valuation in a round led by Greenoaks. The company's 'agentic twins' allow businesses to survey AI stand-ins instead of actual people.
Atoms, Travis Kalanick's robotics company, raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company's board, with participation from Bain Capital and Fifth Wall.
Galaxy Digital launched the Bitcoin Quantum Readiness Initiative, committing up to $5 million in developer grants for post-quantum cryptography solutions and establishing an advisory council to prepare Bitcoin for potential quantum computing threats.
Micron Technology announced a comprehensive strategic agreement with AI company Anthropic covering memory and storage architecture design, supply commitments, enterprise adoption of Claude AI across Micron, and a strategic investment in Anthropic's Series H funding round. Micron shares rose more than 4% following the announcement.
AI pioneer and AMI Labs founder Yann LeCun told CNBC that Elon Musk's xAI is a 'failure' unable to compete at the AI frontier, while warning that AI labs face a 'big bubble explosion' as investor subsidies cannot continue indefinitely.
World model AI startup Odyssey ML, founded by self-driving vehicle pioneers, secured $310 million in funding at a $1.45 billion valuation. The round was backed by Amazon, Nvidia, AMD, CIA-linked fund IQT, and Google chief scientist Jeff Dean.
Prometheus, the industrial AI startup led by Jeff Bezos and former Google executive Vik Bajaj, has raised $12 billion in Series B funding at a $41 billion valuation, marking one of the largest private financings in the AI sector.
Digital Asset Holdings secured $355 million in funding led by Andreessen Horowitz, with participation from HSBC, Apollo, CME, BNP Paribas, Abu Dhabi Investment Authority, and over 20 other institutional investors. The round values the Canton Network blockchain developer at approximately $2 billion and will fund expansion of its institutional tokenization infrastructure.
Suno has raised $400 million led by Bond Capital at a $5.4 billion valuation, doubling its value from seven months ago. The funding comes as the company faces ongoing litigation from major record labels over copyright issues.
Chinese AI startup DeepSeek is close to finalizing approximately $7 billion in funding from investors including Tencent Holdings, CATL, NetEase, and JD.com, in one of China's largest startup financings. The round would value the company at between $52-59 billion.
German industrial robotics startup Agile Robots is in discussions to raise approximately $800 million in new funding from backers including SoftBank Group, as investors seek companies deploying artificial intelligence in physical robotics.
An AI chip startup secured $135 million in funding based on the thesis that memory bandwidth, rather than computational power, represents the primary bottleneck in AI systems. The company is developing technology to address data transfer limitations between memory and processors.
Nvidia has invested at least $6.5 billion into companies developing photonics technology over the past three months, racing to solve major bottlenecks in AI infrastructure by using light-based data transmission instead of electrical signals.
AI company Anthropic has secured $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965 billion post-money. The funding comes as enterprises increasingly deploy Claude AI in their operations.
AI startup Hark secured a $700 million Series A funding round led by Parkway Venture Capital, with participation from Nvidia, AMD Ventures, ARK Invest, Intel Capital, Qualcomm Ventures, Salesforce Ventures, and others for its secretive 'universal' AI interface technology.
NanoCo, creator of the open-source AI agent framework NanoClaw, raised $12 million in seed funding and launched its enterprise assistant platform. The announcement follows 250,000 downloads of the NanoClaw framework.
AI research lab NeoCognition has secured a $40 million seed funding round to develop AI agents that learn like humans and can become experts in any domain. The startup was founded by an Oregon State University researcher.
Chinese AI company DeepSeek is preparing to release its new-generation large language model, DeepSeek V4, with a trillion parameters by the end of April, coinciding with its first funding round at over $10 billion valuation.
