Discover funding options, tips, and finance insights for startups and businesses.
Artificial Intelligence (AI)
Chipmaking giant Nvidia plans to invest as much as $100 billion in OpenAI and supply the startup with its advanced data center chips, the companies announced Monday. The deal marks one of the largest commitments yet in the accelerating race to dominate global artificial intelligence. Under the agreement, Nvidia will
Cloud Computing
Oracle Corp. is in advanced discussions with Meta Platforms Inc. on a cloud computing agreement valued at about $20 billion, a move that would further cement Oracle’s role as a major infrastructure provider in the artificial intelligence boom. According to people familiar with the talks, the multiyear deal would
Transportation
Nvidia CEO Jensen Huang touched down in the United Kingdom this week with a bold promise: a £2 billion ($2.6 billion) investment to accelerate the nation’s artificial intelligence startup ecosystem. One of the potential beneficiaries is Wayve, the U.K.-based autonomous driving company making waves with its
Funding
Nvidia has agreed to purchase a $5 billion stake in Intel, becoming one of the chipmaker’s largest shareholders and cementing a strategic partnership to co-develop “multiple generations” of data center and PC products. Nvidia will acquire the Intel shares at $23.28 apiece, slightly below Intel’s prior trading
Semiconductors
AI chip startup Groq announced Wednesday that it has raised $750 million in fresh funding at a post-money valuation of $6.9 billion. The financing exceeded expectations, topping earlier reports from July that suggested the round would come in at about $600 million at a near $6 billion valuation. This
Cybersecurity
Irregular, an AI security company formerly known as Pattern Labs, has raised $80 million in new funding to expand its efforts in safeguarding artificial intelligence systems. The round was led by Sequoia Capital and Redpoint Ventures, with additional participation from Wiz CEO Assaf Rappaport, valuing the company at $450 million,
Software Development
Speed is everything in today’s AI-driven software world — and Blacksmith is betting it can help developers ship code faster and cheaper. The San Francisco–based startup announced a $10 million Series A led by Google Ventures (GV), just four months after raising its $3.5 million seed round. Rapid
Software Development
When Harjot Gill launched FluxNinja, an observability startup he co-founded after selling his first company Netsil to Nutanix in 2018, he didn’t expect his next big idea would emerge from watching his own engineers at work. “We had a team of remote engineers who were starting to adopt AI
Robotics
Humanoid robotics startup Figure has reached a staggering $39 billion valuation following its largest fundraising round to date, underscoring surging investor enthusiasm for robots designed to work alongside humans. The San Jose, California–based company announced Tuesday that it raised a Series C round exceeding $1 billion, led by Parkway
Hardware
London-based consumer electronics startup Nothing has closed a $200 million Series C round led by Tiger Global, pushing its valuation to $1.3 billion. The round also saw participation from existing backers GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, alongside new strategic investors including Nikhil Kamath and Qualcomm Ventures.
Military & Defense
Amid a surge of investor interest in defense technology, advanced manufacturing company Divergent Technologies has raised $290 million to expand production of missile components and other specialized hardware for the U.S. military. The financing round, which includes $40 million in debt, values the Los Angeles–based company at $2.
Finance
Robinhood, the trading platform that shook up stock and crypto markets by bringing them to retail traders, is now betting big on venture capital. The company is preparing to launch a new investment vehicle that would give everyday investors access to privately held start-ups — a corner of the market traditionally