xAI obtained $3.4 billion in chip financing from Apollo after merging with SpaceX.

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.