Jane Street commits $6 billion to CoreWeave and takes a $1 billion equity stake

In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five la [...]

Accenture bets on General Robotics to unify factory AI across robot brands

In short: Accenture Ventures has invested in General Robotics, whose GRID platform provides a unified AI intelligence layer across 40+ robots from different manufacturers including FANUC, Flexiv, and [...]

Accel raises $5 billion for AI as venture capital bets reach infrastructure scale

In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 mil [...]

Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate

In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two month [...]

There's yet another study about how bad AI is for our brains

A group of researchers from across the US and the UK have conducted a study on what AI does to our brains and the results are, in a word, grim. These results were published in a paper called "AI [...]

Cadence and Nvidia are bridging the simulation gap that’s slowing down robotics

The two companies announced an expanded partnership at a Cadence conference in Santa Clara on Wednesday. The goal: make robot training data more accurate so physical AI systems reach real-world deploy [...]

Quantum computing pioneer Chad Rigetti is back

Sygaldry Technologies has raised $105M in a Series A led by Breakthrough Energy Ventures, following a $34M seed from Initialized Capital. Its quantum-classical hybrid servers target the $5.2T in AI in [...]

Amazon-backed nuclear startup X-energy files for an IPO that could raise up to $814M

X-energy is targeting a share price of $16–$19, which at the high end values the IPO at around $814M. Amazon led a $500M round and has committed to buying up to 5GW of nuclear power from the company [...]

The Italian deeptech making graphene-based optical chips gets €211M

CamGraPhIC, a subsidiary of Milan-based 2D Photonics, has received European Commission approval for €211M in Italian state funding to industrialise its graphene photonic interconnect technology and [...]