Moonshot AI has closed a $3.5 billion financing round that values the Beijing lab at $35 billion, well above the $1 billion to $2 billion it originally set out to raise, Bloomberg reported on July 29, 2026, citing people familiar with the private deal. The company is already approaching investors about a follow-on round at a $50 billion pre-money valuation, which would be its final private raise b [...]
Nebius Group said on Wednesday that it plans to raise $4.5 billion by selling convertible bonds. It will use the money to build data centres for artificial intelligence. The Amsterdam-based company set out the plan in a statement. The offering comes in two parts. Nebius is selling $2.75 billion of notes that mature in 2030, […]<br /> This story continues at The Next Web [...]
Monumental has raised a $32m Series B led by Khosla Ventures, money it will spend putting more of its bricklaying robots on building sites in Britain and, for the first time, in the United States. Plural and Hummingbird, both backers of the company’s $25m round in early 2024, took part again. The Amsterdam company says the […]<br /> This story continues at The Next Web [...]
When Google released its newest AI image model Nano Banana Pro (aka Gemini 3 Pro Image) in November, it reset expectations for the entire field. For the first time, uses of an image model could use natural language to generate dense, text-heavy infographics, slides, and other enterprise-grade visuals without spelling errors. But that leap forward came with a familiar tradeoff. Gemini 3 Pro Image i [...]