TensorX raises €8M to build sovereign AI inference for Europe on Nvidia Blackwell
TensorX raises €8M to build sovereign AI inference for Europe on Nvidia Blackwell

The Irish startup is buying B300 GPUs to expand a GDPR-compliant inference platform aimed at the banks, hospitals, and law firms that cannot send their data abroad. TensorX, a startup building AI inference infrastructure that keeps European data inside…

Tsuga raises $35m to keep AI-era observability inside the customer’s own cloud
Tsuga raises $35m to keep AI-era observability inside the customer’s own cloud

The Paris startup, founded by two former Datadog hands, wants to end the per-byte pricing model just as AI workloads make telemetry explode. Tsuga, a Paris startup building observability software for the age of AI agents, has raised a $35m Series A, a …

AI infrastructure startup Baseten raises $1.5bn at up to $13bn valuation as Blackbird makes its biggest-ever bet
AI infrastructure startup Baseten raises $1.5bn at up to $13bn valuation as Blackbird makes its biggest-ever bet

The AI infrastructure startup raised $1.5bn in a Series F, with Australia’s Blackbird VC putting in what may be the largest single outlay yet by an Australian firm. Baseten has raised $1.5bn in a Series F round that values the AI infrastructure startup…

A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom
A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom

Kazakhstan’s Alem Capital Management has anchored a regional venture capital fund backing technology startups across Central Asia and the Caucasus, marking the fund-of-funds manager’s first publicly disclosed investment in the region’s startup ecosyste…

Robinhood is raising $2 billion in zero-coupon convertible bonds to buy back stock
Robinhood is raising $2 billion in zero-coupon convertible bonds to buy back stock

Robinhood Markets is raising two billion dollars through a sale of convertible senior notes due October 2029, joining a surge of zero-coupon convertible issuance from technology companies betting that investors will accept no interest in exchange for e…

OpenAI’s suspiciously clean balance sheet is about to get a hard look
OpenAI’s suspiciously clean balance sheet is about to get a hard look

OpenAI’s books show zero debt and just $46mn of quarterly capital spending. The catch, reported by The Information: around $665bn of commitments sitting just off the balance sheet, now heading for regulators’ desks. On paper, OpenAI looks like a lean s…

SpaceX taps the bond market for the first time to fund AI
SpaceX taps the bond market for the first time to fund AI

Fresh from a record IPO that helped make Elon Musk a trillionaire, SpaceX is raising at least $20bn in its debut bond sale to bankroll a vast AI build-out. SpaceX is about to do something none of Elon Musk’s companies has done before. It is borrowing m…

Meta buys a fifth of Cred, and a new WhatsApp boss
Meta buys a fifth of Cred, and a new WhatsApp boss

Meta is paying $900mn for a fifth of Cred, an Indian fintech. The bigger prize is its founder, Kunal Shah, who will now run WhatsApp. Meta has found its next WhatsApp boss the way it now likes to find people: by writing a cheque. On Monday, the company…

Uber anchors Lime’s IPO as the scooter firm goes public
Uber anchors Lime’s IPO as the scooter firm goes public

The Lime IPO has a price and an anchor investor: Uber, the ride-hailing giant that already owns a chunk of the scooter firm and is now backing its market debut. Lime is going public, and an old backer is helping carry it across the line: Uber. The scoo…

Prosper AI raises $30M from a16z to automate the patient journey
Prosper AI raises $30M from a16z to automate the patient journey

Most of what makes American healthcare expensive happens before a doctor is ever in the room, and after. Someone schedules the appointment, confirms the insurance, works out what the patient owes, and chases the payer when a claim stalls. It is slow, f…