AI startup Inflection AI has raised $1.5 billion in a new funding round led by Microsoft and Nvidia, valuing the company at $15 billion. The funds will be used to accelerate development of its next-generation AI models.
Torev Motors raised $2.5 million in venture capital for its rare-earth-free electric motors aimed at national security applications like large ground vehicles and drones.
Crypto crime-fighting startup TRM Labs achieved a $1 billion valuation with a new $70 million funding round.[2]
Microsoft and OpenAI in talks for up to $500 million investment in Figure AI at $1.9 billion valuation.
Waabi raises up to $1 billion and partners with Uber to deploy 25,000 robotaxis.
SC Ventures and Fujitsu launch quantum computing joint venture Qubitra, marking a new collaboration in advanced tech infrastructure.
Zocks secured $45m in a Series B funding round to enhance agentic AI features.
Hg to acquire OneStream in $6.4bn deal; Capital One to acquire Brex for $5.15bn; other major fintech M&A including US Bancorp-BTIG (up to $1bn).
ZOHO.VC, backed by Sam Altman's Merge Labs, closes €7M first tranche toward €10M fund for institutional investments by 2026.
India-based SpotDraft raises $8M in extended Series B for on-device legal AI, backed by Qualcomm, emphasizing privacy in contract workflows.
OpenAI led investment in Merge Labs, raising $250 million at $850 million valuation for brain-computer interface tech.