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17 Jun 2025

Spotify CEO Daniel Ek Leads €600 Million Investment in AI Defense Startup Helsing

Helsing, a German AI defense tech startup, has raised €600 million in a funding round led by Spotify CEO Daniel Ek's investment firm Prima Materia, valuing the company at €12 billion and making it one of Europe's most valuable private tech firms.

9 Sources

PostHog Secures $70M Series D Funding to Revolutionize Customer Data Infrastructure with AI

PostHog, a startup providing customer data infrastructure, has raised $70M in a Series D round led by Stripe, valuing the company at nearly $1 billion. The funding will be used to enhance their AI-powered platform and expand their product offerings.

2 Sources

Meta's $14.3 Billion Bet: Alexandr Wang Joins 'Superintelligence' Team in AI Race

Meta invests $14.3 billion in Scale AI and hires its 28-year-old co-founder Alexandr Wang to lead a new 'superintelligence' division, aiming to boost its position in the competitive AI landscape.

7 Sources

Meta's $14.3 Billion Investment in Scale AI Shakes Up the AI Industry

Meta Platforms Inc. makes a significant move in the AI race by investing $14.3 billion for a 49% stake in Scale AI, with CEO Alexandr Wang set to lead Meta's new "Superintelligence" unit.

2 Sources

Alta Raises $11M for AI-Powered Fashion Styling App, Bringing 'Clueless' Closet to Life

Alta, a New York-based startup, has secured $11 million in seed funding to launch an AI-powered fashion styling and shopping app, aiming to revolutionize personal styling with advanced AI technology.

2 Sources

16 Jun 2025

OpenAI and Google Cut Ties with Scale AI Following Meta's $14.3 Billion Investment

OpenAI and Google are phasing out their partnerships with data-labeling startup Scale AI after Meta's significant investment and acquisition of the company's founder, raising questions about data neutrality and sparking interest in Scale AI's competitors.

14 Sources

Vietnam Passes Landmark Digital Technology Law, Boosting AI, Semiconductor, and Crypto Sectors

Vietnam's National Assembly has approved a comprehensive Digital Technology Industry Law, aiming to regulate digital assets, boost AI and semiconductor sectors, and attract tech talent and investments.

2 Sources

14 Jun 2025

AI-Powered Startups Showcase Ocean-Preserving Technologies at Paris Trade Fair

Startups at the Vivatech trade fair in Paris demonstrate innovative AI-driven solutions for ocean conservation, including fuel efficiency improvements and marine life tracking, while balancing environmental protection with industry needs.

2 Sources

13 Jun 2025

Anthropic Aims to Boost European Tech Ecosystem with Expansion and Hiring Push

Anthropic, the American AI giant, plans to strengthen Europe's tech sector through expansion and hiring, while emphasizing AI safety and collaboration with local startups.

3 Sources

Bengaluru Climbs to 14th Place in Global Startup Ecosystem, Driven by AI and Deep Tech Innovation

Bengaluru has risen seven spots to rank 14th in the Global Startup Ecosystem Report 2025, showcasing significant growth in AI, fintech, and deep tech sectors. The city's ecosystem is valued at $136 billion, with strong government support and funding initiatives driving innovation.

2 Sources

Tesla Sues Former Engineer for Alleged Trade Secret Theft in AI Robotics Project

Tesla has filed a lawsuit against a former engineer and his startup, accusing them of stealing trade secrets related to its Optimus robot project to develop competing robotic hands.

2 Sources

Meter Raises $170 Million to Revolutionize AI-Driven Networking Infrastructure

Meter, a San Francisco-based networking startup, secures $170 million in funding to enhance AI-powered network infrastructure, attracting investments from tech giants and venture capital firms.

2 Sources

Conveyor Raises $20M to Revolutionize Vendor Security Reviews and RFPs with AI Automation

Conveyor, a startup using AI to automate vendor security reviews and RFPs, has raised $20 million in Series B funding. The company's AI agents can complete over 90% of customer security questions autonomously, significantly accelerating the sales process for software vendors.

2 Sources

Innovative AI and Tech Products Shine at Paris's Vivatech Trade Fair

The Vivatech trade fair in Paris showcases cutting-edge AI and tech products, including anti-counterfeiting AI, robotic telemedicine, nimble electric vehicles, and smart shoes for the visually impaired.

2 Sources

Crusoe to Invest $400 Million in AMD AI Chips for Neocloud Data Centers

Crusoe, an AI data center builder, plans to purchase $400 million worth of AMD AI chips to build a specialized data center for AI applications, challenging Nvidia's market dominance and advancing the 'neocloud' strategy.

3 Sources

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