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Databricks just made one of the loudest moves in private tech this year. The enterprise data and AI company has raised $4 billion at a $134 billion valuation, cementing its place among the most valuable private technology firms in the world. The round was led … Read more
PolyAI just landed a major vote of confidence. The Cambridge-founded AI startup has raised $86 million (£64.3m) in a Series D funding round that blends Silicon Valley firepower with UK government backing. Nvidia’s venture arm is in. So is the British state. The message is … Read more
Disney just made one of the boldest AI bets in Hollywood history — and it comes with Mickey Mouse attached. The company announced a $1 billion investment in OpenAI alongside a sweeping three-year licensing agreement that hands Sora access to more than 200 Disney, Pixar, … Read more
Inductive Bio just picked up up to $21 million to tackle one of pharma’s biggest blind spots: predicting whether a drug will actually be safe for humans before it enters the clinic. The award comes from ARPA-H, the US health innovation agency pushing moonshot-style projects. … Read more
Airwallex is doubling down on the United States.The global payments giant has raised $330 million in fresh Series G funding, a round led by Addition with participation from Robinhood Ventures and T. Rowe Price — pushing its valuation to $8 billion, up from $6.2 billion … Read more
Abu Dhabi’s AI ambitions are about to get louder.Lunate — one of the region’s fastest-rising investment platforms — is in advanced talks to channel up to $1 billion into MGX, the state-backed AI investor rapidly becoming a global force, according to people familiar with the … Read more
In a move that instantly shakes up the global telecom race, Nokia has committed $4 billion to supercharge its US operations, signaling one of the company’s strongest bets yet on AI-centric infrastructure. The announcement puts Nokia in rare territory: few global network vendors are investing … Read more
Intuit has signed a deal worth more than $100 million with OpenAI, marking one of the largest financial-software integrations into ChatGPT to date. The agreement will bring the company’s entire portfolio — TurboTax, QuickBooks, Credit Karma and Mailchimp — directly into ChatGPT for the first … Read more
The Amsterdam-based AI cloud firm signed a roughly $3 billion deal with Meta to supply high-performance GPU infrastructure over the next five years — its second multibillion-dollar hyperscaler contract in just two months. The move cements Nebius as one of the most aggressive players in … Read more
SoftBank just pulled the trigger on a massive sell.In a bold reshuffle of its AI war chest, Masayoshi Son’s SoftBank dumped its entire stake in Nvidia, pocketing $5.83 billion in cash. That’s right—SoftBank, one of the earliest believers in Nvidia’s AI hardware boom, just cashed … Read more