Eindhoven-based Photon Bridge has raised €10M, co-led by the Amadeus APEX Technology Fund and 360 Capital, to build laser light sources for the optical links inside AI data centres. It plans first samples in 2027 and volume production from 2028. Photon…
A new draft of Anthropic’s S-1, the prospectus for its IPO, puts its possible computing spend at $750bn over the coming years. That includes deals it is still negotiating. Anissa Gardizy reported the figures for The Wall Street Journal, which saw the d…
Swedish legal AI startup Legora has raised $550 million in a Series E funding round, bringing its valuation to $8.8 billion. US investment firm Atreides Management led the round, with several new and existing investors participating. Five new investors…
Pigment, a Paris-based AI software maker for business planning, announced on Wednesday that it raised $250M in a Series E round, valuing the company at $2.3B. Nvidia also plans to invest, adding to its recent European bets. The Scaleup Europe Fund, man…
Shares in Elice, a South Korean AI data centre company, fell 32% on their first day of trading in Seoul on Tuesday. It was the worst debut on record for a Korean IPO of $100m or more, according to data compiled by Bloomberg, as Yoolim Lee and Youkyung …
Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines. The total includes a $…
ASI has raised $325 million in a Series C round that values it at $3 billion, the Boston AI company announced on Tuesday. Its software models air traffic, power grids and military operations hours, days and weeks ahead. The aim is to let operators act …
Reliable Robotics has raised $115 million, taking its valuation past $1 billion, the company announced on Tuesday. The Mountain View, California, startup builds systems that let existing aircraft taxi, take off, fly and land on their own. The money ext…
Otter.ai has raised $320 million in growth financing from General Catalyst’s Customer Value Fund. The AI meeting notetaker announced the deal on Tuesday. It will use the money for enterprise growth, its go-to-market strategy, international expansion an…
“Blackwall has built something rare: a security company that grows with the internet itself,” said Warda Shaheen, a general partner at AVP. “It is already the layer in front of millions of websites, and as more of the web’s traffic comes from agents, t…