Etched has a simple pitch. Nvidia builds chips that do everything. Etched builds chips that do one thing, inference, and claims to do it far better. On Thursday the bet got a lot more money behind it. The startup raised $300 million in a Series C round…
Thailand does not usually feature in the story of the AI boom. This year it does. Foreign firms applied to invest 1.37tn baht, about $40.6bn, in the first six months of 2026, the country’s Board of Investment said on Thursday. That is up 80% on a year …
Vinod Khosla likes to be early. His firm was the first outside investor in OpenAI, back when that was a strange thing to be. Now Khosla Ventures is raising money to do it again, at a scale it has never tried. The firm is in talks to gather as much as $…
Google spent years as a low-key backer of SpaceX. This week it showed what that patience is worth. In a quarterly filing, Alphabet said its Google unit holds $94.1bn in SpaceX shares, following the rocket company’s record IPO. Google was an early inves…
Arrakis, a London and Paris startup building what it calls an AI operating system for industrial companies, has emerged from stealth with $38 million in total funding and a thesis that the biggest returns from artificial intelligence will come from fac…
The founder now asking enterprises to trust AI with their laptops once built one of Silicon Valley’s most notorious surveillance tools. Roi Tiger co-created Onavo, the app Meta turned into a scheme to spy on its rivals. His new company, Glow, wants to …
Revolut confirmed on Tuesday that a secondary share sale has valued the digital bank at $115 billion, a 53 percent jump from the $75 billion it reached in November 2025. The sale priced shares at $2,017 each, according to Bloomberg. The valuation makes…
The ChatGPT maker has put two banking chiefs on both its nonprofit and for-profit boards: Nubank’s David Vélez and BNY’s Robin Vince. It is the kind of Wall Street ballast a company assembles when it is getting ready to face public investors. OpenAI is…
Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total. A…
China’s Moonshot AI is raising money at a pace that would make most startups dizzy. The lab should close a round that values it at $31.5 billion in the coming days, Bloomberg reported. It then plans to open another almost immediately, targeting a valua…