Broadcom has agreed to lend Anthropic up to $42bn to help pay for its AI infrastructure, Reuters reported on Thursday, citing Anthropic’s IPO prospectus. The loan could cover about a third of the $125.2bn Anthropic has committed to a five-year lease of…
Kanu AI has come out of stealth with $11.7m in funding. The Seattle startup builds software that runs inside a customer’s own cloud. Accel, BMW i Ventures and a16z speedrun joined a round led by Trilogy Equity Partners, the company said in a statement …
Restate, a Berlin startup founded by the creators of Apache Flink, has raised a $20m Series A. It builds infrastructure that keeps AI agents and backend software running through failures. Singular led the round, with Redpoint Ventures and Capital One V…
Metaview, a London and San Francisco startup that builds AI agents for recruiting, has raised a $60m Series C led by Insight Partners. GV, Intrepid Growth Partners, Seedcamp, Vertex Ventures US, Plural and Garuda Ventures also took part, the company sa…
GMI Cloud, a Mountain View company that rents out Nvidia GPU servers, has raised $668m in new financing, the company said on Wednesday. That is $223m of Series B equity and a $445m credit facility. The Taiwanese bank CTBC led the credit facility. ARCHI…
OpenAI is in early talks to raise at least $30bn at a valuation of around $1.4tn, before the new money. Bloomberg and The Information reported the talks on Tuesday. The round would give the ChatGPT maker fresh capital after it pushed back its stock mar…
Today, the company announced that PLD Space had entered into an agreement with CNES, the French space agency, and that both parties were considering building a second launch pad for PLD’s rockets at the spaceport in French Guiana. They will examine whe…
Osavul, an AI startup that spots state-backed attacks before they happen, has raised €8.5M in a Series A round. 33N Ventures, a European cybersecurity fund, led the round, and it brings the total Osavul has raised to about €12m. Balnord, G+D Ventures a…
DIG Ventures, the London-based firm led by MuleSoft founder Ross Mason, has closed its third fund at $120M. Fund III will back around 30 European pre-seed and seed-stage startups that build software infrastructure for AI. Its institutional backers incl…
CScale, a Palo Alto startup building optical interconnect for AI data centres, has come out of stealth with $145m in Series C funding. The round takes its total funding to $188m, the company said in a statement on Wednesday. Atreides Management led the…