Funding & Investment
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Ahead of U.S. IPO, British AI neocloud Nscale secures $3.36B in convertible finacing
The funding, which comes from Third Point, Nvidia and others, will fuel the company's massive AI data center buildout.
Anthropic's founders seek voting control ahead of IPO
Anthropic is asking its shareholders to approve a structure that would give its seven co-founders a combined 50.1% of the vote on most corporate matters.
Ando wants to take on Slack with a team messaging app that lets humans and agents work together
Ando has raised $20 million in pre-seed and seed funding from investors including Accel, Index Ventures, and Emergence.
Exclusive: From Booking Calls To Late Check-Ins, Dextr AI Raises $6.7M For Hotel AI Agents
Dextr AI is emerging from stealth with $6.7 million in seed funding to build agents that handle reservations, guest requests, staff coordination and other hotel tasks.
Pat Gelsinger-backed startup PicoJool raises $27.5M to boost bandwidth for AI clusters
A startup called PicoJool that’s backed by former Intel Corp. Chief Executive Pat Gelsinger says it’s ready to help ease the strain on artificial intelligence data centers after raising $27.5 million in early-stage funding today.
AI drug discovery startup Basecamp Research raises $140M
Basecamp Research Ltd. today announced that it has raised $140 million in funding from a group of prominent investors. S32, a fund affiliated with Google LLC co-founder Bill Maris, led the Series C round. It was joined by more than a dozen other investors.
China's ByteDance gained access to over 2,000 Nvidia B200 chips through Norway data center
UK-based Nscale signed a deal with Spring (SG) Pte Ltd, which is a subsidiary of Chinese tech giant ByteDance. The company did not make any direct mention of the TikTok parent in its filings for a U.S. IPO, while a supporting document only labeled Spring as a significant customer.
Ema raises $77M as AI starts eating into enterprise software and services
Ema has raised $140 million to date and has more than 50 enterprise customers, including Google and Microsoft.
Cyera raises another $400M amid AI agent security push
Cybersecurity startup Cyera Ltd. today announced that it has raised $400 million in funding from Goldman Sachs. The investment bank provided the capital as an extension to a Series G round that closed in June. The latter deal valued Cyera at $12 billion.
Nscale’s IPO will test Wall Street's appetite for concentrated AI bets once again
The British AI data center developer depends on tech giants Microsoft and Anthropic for most of its revenue.
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