Startup Runway has raised a $315 million round at a $5.3 billion valuation, funds it will use to expand beyond AI video generation and into world models.
Tem has built a transaction engine that relies on AI to cut costs. Lightspeed led the round to help the startup expand to the U.S. and Australia.
The company raised $13 billion in equity funding just five months ago, but intense competition between frontier labs and the ongoing cost of compute have made them eager to raise as quickly as possible.
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Benchmark Capital has been an investor in the Nvidia rival since 2016.
Having raised a €30 million Series A round led by CapitalG, business identity verification startup Duna is now among the most well-capitalized European startups founded by Stripe alumni.
The investment comes from backers including the Qatar Investment Authority as demand for chips beyond Nvidia soars and as Qatar aims to build out its AI infrastructure.
Avalanche has raised $29 million in fresh funding to pursue its unique approach to fusion power, which can currently fit on a table.
From Belgium to Ukraine, five fresh European unicorns were minted this January.