Mach Industries raises a $600 million Series C extension after paying $50 million in cash and equity for Exquadrum, outbidding at least eight suitors and expanding into solid rocket motors through its new Mach Energetics unit.
Alibaba is in talks to lead a $300 million funding round for AI training and benchmarking startup UniPat AI, with Tencent and HSG joining as terms remain subject to change.
Listen Labs stuns the venture world by walking away from a signed $125M Series C term sheet, reportedly driven by Salesforce's ongoing talks to acquire the voice AI startup for approximately $2 billion.
Harvey secures a massive $550M funding round at a $15.5B valuation, now powering 80% of top U.S. law firms as it aggressively expands its AI-driven legal platform globally.
Qualcomm and Amazon ink a landmark $4 billion AI chip deal, with AWS gaining warrants to purchase 25 million Qualcomm shares as part of a multi-generational partnership targeting Nvidia's dominance in the data center market, potentially unlocking up to $60 billion in chip purchases.
French AI startup Mistral secures a record-breaking €3B Series D funding round, valuing the company at over €21B in the largest European tech fundraise ever, just three years after its founding, with Samsung Electronics leading the round to fuel global expansion and sovereign AI development.
OpenAI launches Astra, a powerful cybersecurity AI capable of identifying zero-day exploits, while simultaneously cutting ties with Cursor following SpaceX's acquisition of the coding tool, and Nvidia makes its biggest move yet by acquiring open-source AI hub Hugging Face for $13 billion.
ByteDance, with founder Zhang Yiming personally at the helm, is set to launch a real-time spatial video AI model for Pico headsets as soon as next month, rendering interactive 3D cloud environments at 50ms latency while outspending rivals three to four times as part of a massive AI expansion backed by up to $70 billion in planned capital expenditure.
AI visionary Ray Kurzweil joins neurotech startup Subsense as an advisor, backing its groundbreaking noninvasive brain-computer interface that delivers charged nanoparticles to the brain via nasal spray, controlled by a magnetic headset — positioning the $27M-funded company as a consumer-friendly alternative to Elon Musk's Neuralink.
Anthropic delays its IPO prospectus to late September, with marketing starting mid-October and listing expected just before November midterms, as the AI giant eyes a staggering $2 trillion valuation while securing a $15 billion credit facility backed by Wall Street's biggest banks.