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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
In a world where startups burn billions to chase growth, Gamma did the opposite — it built quietly, earned profit, and now just raised $68 million at a $2.1 billion valuation. The five-year-old AI startup is taking aim at Microsoft PowerPoint and Google Slides, proving … Read more
The cloud age just turned a corner.Today, Amazon Web Services (AWS) and OpenAI announced a multi-year strategic partnership that gives OpenAI immediate access to AWS’s world-class infrastructure, while committing to a whopping $38 billion investment over the coming years.Under the deal, OpenAI will tap hundreds … Read more
Israeli startup Augmented Intelligence (AUI) has raised $20 million in a SAFE funding round at a $750 million valuation cap, signaling a strong vote of confidence in its hybrid symbolic-generative AI model.The company claims its architecture bridges the gap where conventional large language models stumble … Read more