The AI boom made GPUs famous. The dull chips that wire thousands of those GPUs together are quietly becoming just as valuable. Xsight Labs, an Israeli chipmaker, has raised more than $300 million at a $2.8 billion valuation, it said on Thursday. Fideli…
Space-Eyes, a Miami geospatial-intelligence company backed by Eric Trump, plans to go public through a $638 million blank-cheque deal, deepening the family’s defence-tech ties. A defence-technology company backed by Eric Trump is preparing to go public…
A London startup building the training grounds for Europe’s autonomous weapons has come out of stealth with $30mn. It is one of the region’s largest defence-tech seed rounds this year. Agon is not building the weapons themselves. It is building the inf…
A startup wants companies to stop asking real people what they think, and ask fake ones instead. Simile has raised $200m at a $2bn valuation to build “agentic twins,” AI stand-ins for real consumers that firms can survey by the million. Greenoaks led t…
Work does not look like it did three years ago. Employees now assemble their own toolkits daily: AI agents that act on their behalf, browser extensions that reshape how they read and write, code packages pulled from public registries, MCP servers conne…
Enterprises are handing more of their work to AI agents. Onyx Security just raised $113m to make sure a human can still say no. The Israeli startup’s Series B, led by Bessemer Venture Partners, values it at about $640m, Calcalist reported. That is a se…
Highland Europe has closed a €1.1 billion fund, its sixth, giving the growth-stage investor fresh capital to keep backing European technology companies as they scale. The firm announced Fund VI on 30 July, alongside the promotion of two investors to pa…
For three years, the AI race has been a race for faster chips. Eliyan just became a $1bn company by pointing out that the chips are now too fast for their own wires. The Santa Clara startup said it closed an oversubscribed $145m Series C at a $1bn valu…
Stack Infrastructure, the data-centre arm of the private-credit giant Blue Owl, is seeking a loan of about $5.9 billion, Bloomberg reported. The deal, if it closes, would rank among the larger single financings in a market that has become the engine ro…
Most AI imaging startups build one model per disease. A Cambridge company has raised $20m to build a single model for the whole chest. Then it can spin the rest out of that. Qureight makes AI imaging tools for lung and heart clinical trials. It closed …