Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products
Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products

Prometheus, the AI startup co-led by Jeff Bezos, has raised $12 billion in a funding round that values the company at $41 billion. Investors include JPMorgan Chase, Goldman Sachs, BlackRock, DST Global, and Arch Venture Partners, alongside Bezos himsel…

Coram raises $35M to turn security cameras into autonomous AI investigators
Coram raises $35M to turn security cameras into autonomous AI investigators

Coram AI has raised $35m to turn the security cameras already bolted to walls into something closer to an autonomous detective. The Series B is co-led by the new investor Ansa Capital and Battery Ventures, with UP Partners, 8VC and Mosaic Ventures join…

Irish fleet-safety firm CameraMatics raises up to €49M to take on Samsara in the US
Irish fleet-safety firm CameraMatics raises up to €49M to take on Samsara in the US

An Irish company that uses AI to stop crashes before drivers see them coming has raised up to €49m to expand in North America and Europe. CameraMatics, founded in Dublin in 2016, makes a video-telematics platform for commercial fleets. Its cameras and …

AI bubble fears are spreading, even as SpaceX readies the biggest IPO ever
AI bubble fears are spreading, even as SpaceX readies the biggest IPO ever

On the day SpaceX prices the largest stock-market debut in history, the market underneath it has a case of nerves. The cause is not rockets. It is AI. Several warning lights are flashing at once. Together they amount to the first serious test of a trad…

Germany’s Vsquared is taking on Atomico and Balderton on their London home turf
Germany’s Vsquared is taking on Atomico and Balderton on their London home turf

One of Europe’s oldest deep-tech specialists is opening a London office, and pitching it as a fresh expansion into new territory. Companies House tells a slightly different story. Vsquared Ventures, founded in Munich and known for raising one of Europe…

What SpaceX’s record IPO really means for the OpenAI and Anthropic listings behind it
What SpaceX’s record IPO really means for the OpenAI and Anthropic listings behind it

The SpaceX IPO is set to price the biggest stock-market debut in history this week, raising about $75bn at a valuation near $1.75tn, with shares trading on Nasdaq from Friday. But the most consequential thing about Elon Musk’s rocket company going publ…

Upriver raises $14M to fix the unglamorous layer where enterprise AI quietly breaks: the data
Upriver raises $14M to fix the unglamorous layer where enterprise AI quietly breaks: the data

Most enterprise AI projects do not fail because the model is bad. They fail because the data feeding it is a mess: broken pipelines, mismatched systems, and context locked in one engineer’s head. Upriver, an Israeli startup, has raised $14M to automate…

ShopAgentic raises €1.9M to build commerce infrastructure for AI shopping agents
ShopAgentic raises €1.9M to build commerce infrastructure for AI shopping agents

A German startup wants to rebuild online commerce for shoppers who are not human. ShopAgentic has raised a €1.9mn pre-seed to do it. May Ventures and Greenfield Capital co-led the oversubscribed round. What ShopAgentic is building ShopAgentic calls its…

Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading
Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading

Satispay, the Milan-based mobile payments company that became Italy’s second unicorn in 2022, is reportedly planning to raise up to €120 million ($139 million) in fresh funding. The round would fuel the fintech’s expansion beyond payments into stock an…

CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.
CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.

An Applied Digital subsidiary raised $1.59 billion in the high-yield bond market on Tuesday to fund a fourth building at its Polaris Forge 1 campus in North Dakota, which will provide 150 megawatts of computing capacity for CoreWeave under a 15-year co…