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 million. The raise follows standout returns from its Anthropic stake (invested at $183B, now valued near $800B) and Cursor (backed at […]<br /> This story continues at The Next Web [...]
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Capital One releases VulnHunter, an open-source AI tool that finds software flaws before hackers do
Capital One on Thursday released VulnHunter, an open-source, agentic AI security tool that scans source code for exploitable vulnerabilities, maps out how an attacker would reach them, and proposes ta [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Mistral AI wants to build 1 gigawatt of European compute by 2030 — and lock in customers now.
Mistral AI wants to turn European AI sovereignty from a talking point into a product — one with a service-level agreement attached.The French artificial intelligence company announced Tuesday a thre [...]
Infrastructure and compute: Enterprises are buying AI compute for speed while flying blind on what it costs
Across 170 enterprises, AI infrastructure has moved decisively into production — two-thirds now run AI workloads live and three in 10 run them at scale — while the ability to account for what that [...]
Nvidia-backed ThinkLabs AI raises $28 million to tackle a growing power grid crunch
ThinkLabs AI, a startup building artificial intelligence models that simulate the behavior of the electric grid, announced today that it has closed a $28 million Series A financing round led by Energy [...]
Mistral AI launches Workflows, a Temporal-powered orchestration engine already running millions of daily executions
Mistral AI, the Paris-based artificial intelligence company valued at €11.7 billion ($13.8 billion), today released Workflows in public preview — a production-grade orchestration layer designed to [...]
Satya Nadella warns that AI could hollow out entire industries, echoing the damage done by globalization
Microsoft CEO Satya Nadella published a sweeping essay on Sunday laying out what he describes as the defining economic challenge of the AI era: the risk that a handful of frontier models will absorb t [...]