… It is on track to become one of the most funded AI startups in the country, with reports suggesting a funding round of $300 million at a $1.5 billion valuation is in the works. …
… But the industry’s wild push to build out data centers is also creating demand for exactly the services his companies supply. “ AI is putting a lot of demand on the energy system and water system through data center construction,” he said. “It’s not just something in our portfolio, but it’s actuall… …
… But Helion, which uses magnets to compress the fuel, intends to harvest electricity straight from the magnets themselves. When fusion occurs in the plasma inside the reactor, it expands, pushing against the magnetic fields. …
… Spiro , the African electric mobility startup, raised $215 million in a round that pushed its valuation close to $1 billion, Bloomberg reported . …
Bret Taylor’s AI startup Sierra is raising a $950 million funding round led by Tiger Global and GV, the company announced Monday , pushing its post-money valuation above $15 billion. …
… Together, they’ve raised $32 billion in total funding and generated over 250 exits — including acquisitions by Microsoft, Google, Yahoo, Salesforce, Twitter, Uber, and Amazon. …
… Other deals that got my attention this week … Moment Energy , a startup that’s developed a novel approach to repurposing EV batteries, raised a $40 million Series B funding round led by Canadian VC firm Evok Innovations, with additional funding from grocery retailer fund W23, joining existing inves… …
… Since building autonomous weapons is a capital-intensive industry, Thornton began actively fundraising a couple of months ago, he told TechCrunch, and quickly discovered that the round would be popular with investors. “We went out to raise 200 million dollars and we were extremely oversubscribed at… …
… Grimm helped him think about how to pitch VCs, Schimpf Anduril’s CEO pushed him on strategy, while Luckey — ever the fundraiser — guided him on the storytelling. This miniature boot camp appears to have worked. Two years ago, Eakin raised a $9 million seed round . …
… Anthropic said the proposed initial public offering will depend on market conditions and other factors. The filing comes less than a week after Anthropic raised $65 billion in a Series H funding round that pushed its valuation to $965 billion. …