Etched’s valuation doubles to $21B in a month

Jane Street has installed Etched’s first shipped AI cluster system, and was so impressed, it led another massive round, the startup says.

Detroit startup Grounded raises $5M to customize electric and gas-powered vans

The company has shifted from making van-life builds to custom outfitting vehicles for small businesses, all while the EV landscape in the US changed dramatically.

Higgsfield raises $400M Series B, quadrupling its valuation in 8 months to $5.4B

Higgsfield, founded by former Snap exec Alex Mashrabov, lets users create AI images and videos.

Sound-powered fire protection startup gets $15M to snuff out fires before they turn catastrophic

Sonic Fire Tech raised its new funding to help get its sound-powered fire protection system into everything from commercial kitchens to apartment buildings.

Groq raises $350M to fuel its pivot from AI chips to neocloud

Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.

Terra Industries closes $52M seed round to build defense infrastructure for the Global South

African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.

AI coding startup Cognition reportedly already in talks to raise at $40B valuation

Cognition may be looking to raise another mega round just a few months after raising $1 billion at a $26 billion valuation.

OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise

Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Alitmeter Capital.