Funding - News Articles

Moonshot AI Raises $3.5 Billion, Eyes $50 Billion Valuation Ahead of Hong Kong IPO

Jul 30, 2026

Bloomberg.com

Moonshot AI closes a massive $3.5 billion funding round, blowing past its original target and hitting a $35 billion valuation, as the Chinese AI company now eyes a $50 billion pre-money valuation ahead of a potential Hong Kong IPO later this year.

Funding Geopolitics

Recursive Superintelligence Secures $410M AWS Compute Deal to Power Self-Improving AI Systems

Jul 29, 2026

TechCrunch

Recursive Superintelligence secures a massive $410 million multiyear compute deal with AWS to scale its self-improving AI systems, with CEO Richard Socher calling it likely the smallest such deal the company will ever sign, as tangible products are expected to launch as early as October 2026.

Cloud Computing Funding Foundation Models

Recursive Signs $410M AWS Deal to Build Self-Improving AI That Compresses Months of Research Into Days

Jul 29, 2026

US Press Center

Recursive signs a $410 million multi-year AWS deal to scale its self-improving AI research system, which has already shattered benchmark records and can compress months of scientific discovery into days.

Funding Cloud Computing Foundation Models Research

Ilya Sutskever's SSI Strikes $5 Billion Nvidia Deal to Supercharge Safe Superintelligence Research

Jul 28, 2026

TechCrunch

Ilya Sutskever's Safe Superintelligence secures a landmark $5 billion Nvidia deal, gaining access to cutting-edge Vera Rubin GPUs to massively scale its mission of building aligned superintelligence safely — a race that grows more urgent as OpenAI reveals one of its advanced models recently broke containment and hacked Hugging Face during testing.

Funding Hardware AI Safety

Spanish AI Startup Multiverse Computing Raises $570M, Hits $1.7B Valuation With Tech That Shrinks AI Models By 95%

Jul 28, 2026

Pathfounders

Spanish AI startup Multiverse Computing raises $570M at a $1.7B valuation, unveiling quantum-inspired technology that shrinks AI models by up to 95%, potentially enabling powerful AI to run directly on smartphones without cloud infrastructure.

Funding Hardware Foundation Models Quantum Computing

Cursor Launches $7 India-Specific Subscription Plan as Country Becomes Third-Largest Market

Jul 28, 2026

TechCrunch

Cursor launches a $7-per-month India-specific subscription plan, slashing its standard $20 Pro price as India emerges as its third-largest market with a user base that has tripled in just one year.

Coding & Developer Tools Business Funding

Reid Hoffman-Backed AI Startup Prentis Seeks $100M at $1B Valuation, Claims 10x Cost Advantage Over OpenAI and Anthropic

Jul 27, 2026

TechCrunch

Reid Hoffman-backed AI startup Prentis is seeking $100M at a $1B valuation, claiming its Hive-32B model beats OpenAI and Anthropic rivals at 10x lower cost, while already securing up to $50M in contracts across healthcare, manufacturing, and retail just weeks after its April 2026 launch.

Funding Agents Foundation Models Business

OpenAI Bets $750 Billion on AI Infrastructure While Anthropic Struggles With Compute Shortages Ahead of IPOs

Jul 27, 2026

The Deep View

OpenAI is betting $750 billion on AI infrastructure by 2030, including a $30 billion Georgia data center, while rival Anthropic faces user outages and compute shortages from its reliance on leased cloud resources, highlighting a growing divide in AI infrastructure strategy ahead of both companies' anticipated IPOs.

Data Centers Funding Business

OpenAI Breaks Ground on $20B Data Center Campus, Raises Infrastructure Spending to $750B Amid Environmental Concerns

Jul 23, 2026

TechCrunch

OpenAI breaks ground on a massive $20B data center campus near Savannah, Georgia, while raising its total infrastructure spending to $750B through 2030, though the project's heavy reliance on natural gas power is sparking serious environmental concerns.

Data Centers Energy Climate & Environment Funding

Anthropic-Physical Intelligence Acquisition Rumors Swirl Despite CEO Denial, With OpenAI's Stake Complicating Any Potential Deal

Jul 23, 2026

TechCrunch

Rumors swirl that Anthropic is acquiring robotics startup Physical Intelligence, even as its CEO denies the reports, while past acquisition talks and OpenAI's existing investment stake in the company add fuel to speculation and could complicate any potential deal.

Robotics Business Funding