Agility Robotics secures $400 million funding at $1.75 billion valuation as its 5-foot-9-inch humanoid robot Digit gains enhanced battery life, autonomous charging, and improved grasping capabilities while competing for warehouse automation dominance against rivals in the rapidly expanding humanoid robotics market.
Google-backed AI drug discovery startup Isomorphic Labs secured a staggering $600 million in funding led by Thrive Capital, fueling its AI engine's development and advancing partnerships with pharmaceutical giants like Eli Lilly and Novartis worth billions to revolutionize drug design.
SoftBank Group plans to invest up to $40 billion in OpenAI, with $10 billion upfront and up to $30 billion more by 2026, to support OpenAI's quest for Artificial General Intelligence and ultimately Artificial Super Intelligence for the advancement of humanity.
OpenAI secures a staggering $40 billion funding at $300 billion valuation led by SoftBank, Microsoft, Coatue, Altimeter, and Thrive, with $18 billion earmarked for Stargate AI data center infrastructure across the U.S.
Alphabet's AI drug discovery subsidiary Isomorphic Labs secures $600 million funding from Thrive Capital to accelerate development of its AI-powered drug design platform and advance its drug candidates into clinical trials, leveraging technology like DeepMind's AlphaFold.
Agility Robotics raised a staggering $400 million to scale its humanoid robot Digit, fueling the race to automate physically demanding tasks across industries with its bipedal robot designed for real-world utility like package delivery and warehouse work alongside humans.
OpenAI, the AI research company behind ChatGPT, has secured a staggering $40 billion in funding led by SoftBank, valuing the company at an unprecedented $300 billion, enabling it to accelerate AI research, expand compute infrastructure, and bolster its Stargate joint venture with Microsoft.
Elon Musk's xAI acquires X (formerly Twitter) for $33 billion in all-stock deal, marking an $11 billion loss from his original $44 billion purchase as he consolidates his AI and social media ventures into one platform.
CoreWeave, a tech company initially eyeing a $30 billion IPO valuation, has scaled back its ambitions, now targeting a valuation closer to its $23 billion private market level and slashing its planned fundraising by half to $1.5 billion.
In a blockbuster $113 billion deal, Elon Musk's AI firm xAI has acquired the social media giant X (formerly Twitter), valuing xAI at $80 billion and X at $33 billion, with Musk claiming the merger will 'unlock immense potential' by fusing AI with X's global reach.