
A company whose product is an AI that hacks your network has just tripled in value. It did so in the same week that AI hacking stopped being hypothetical. Horizon3 has raised a $250m Series E at a valuation above $2bn, up from $650m a year ago. The tim…

Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing…

A home-battery company that did not exist three years ago is now worth $13bn. Base Power has raised $1bn in a Series D and launched its own battery, Base Core. The bet behind the number is blunt: the grid cannot keep up with America’s power demand, and…

The AI boom needs colossal amounts of electricity. That has turned fusion, forever mocked as “30 years away,” into one of the hottest bets in tech. The best-funded player just raised another $1 billion. Commonwealth Fusion Systems, based in Massachuset…

Most satellite startups are racing to build smaller. K2 Space is going the other way, on purpose. Investors just handed it $500 million to keep going bigger. K2 raised a $500 million Series D at a $6.8 billion valuation, it said on Thursday. Kleiner Pe…

The glamorous part of AI is the models. The expensive, unglamorous part is getting them the right data. A startup just raised $40 million betting that job is the next big enterprise layer. DataBahn, a Texas company founded in 2023, has closed a $40 mil…

Oracle has just put its cloud rival’s AI at the heart of the software its customers run their businesses on. Investors cheered. The company said on Thursday it is expanding its Google Cloud partnership to bring Gemini into Oracle’s enterprise applicati…