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Vishal Sikka's Hang Ten Systems raises $32M to challenge IT services with enterprise AI

Former Infosys CEO Vishal Sikka has launched Hang Ten Systems, securing $32 million in seed funding led by Mayfield. The enterprise AI startup aims to replace traditional IT services with AI-driven development and automation, already working with clients like Siemens Gamesa and Fresenius just a month after launch.

Startups3 sources

Vishal Sikka's Hang Ten Systems raises $32M to challenge IT services with enterprise AI

Startups3 sources

Seltz Raises $12.5 Million to Build Search Engine Optimized for AI Agents

Agentic infrastructure startup Seltz has secured $12.5 million in seed funding to build a search engine designed specifically for AI agents rather than humans. Founded by former Amazon AI scientist Antonio Mallia, Seltz owns its entire search stack and crawls hundreds of millions of pages daily, returning results in under 200 milliseconds. The startup enters a competitive field with rivals like Parallel and Exa that have raised significantly more capital.

Startups2 sources

Seltz Raises $12.5 Million to Build Search Engine Optimized for AI Agents

Startups2 sources

Taktile raises $110M from Goldman Sachs to automate high-stakes financial decisions with AI

Berlin-and-New-York startup Taktile has raised $110 million in a Series C round led by Goldman Sachs Alternatives to automate critical banking and insurance decisions. The company's AI-driven Agentic Decision Platform enables financial institutions to hand over underwriting, claims processing, and fraud detection to AI agents while maintaining human oversight and control.

Startups4 sources

Taktile raises $110M from Goldman Sachs to automate high-stakes financial decisions with AI

Startups4 sources

Hadrian Automation denies $7.5B valuation report, but signals hot physical AI market

Bloomberg reported that AI factory startup Hadrian Automation is in talks to raise $1 billion at a $7.5 billion valuation, more than quadrupling its January valuation of $1.6 billion. The company called the information "inaccurate," but the rumor highlights surging investor interest in physical AI and US reindustrialization as the startup operates four AI-powered factories producing aerospace and defense components.

Startups2 sources

Hadrian Automation denies $7.5B valuation report, but signals hot physical AI market

Startups2 sources

Zhipu eyes multi-billion-dollar share sale as Chinese AI firm rides 2,000% stock surge

Beijing's Zhipu is weighing a share sale to raise several billion dollars in Hong Kong after its stock soared 2,000% since January. The Chinese AI lab launched its open-source GLM-5.2 model days after Anthropic pulled Fable 5 from global markets due to US export controls. But analysts warn the deeply unprofitable company faces years of losses despite its market value crossing $128 billion.

Business2 sources

Zhipu eyes multi-billion-dollar share sale as Chinese AI firm rides 2,000% stock surge

Business2 sources

Masayoshi Son calls AI bubble talk 'blasphemy' as SoftBank targets $6.2 trillion valuation

At SoftBank's annual shareholder meeting, founder Masayoshi Son rejected concerns about an AI investment bubble, declaring it an insult to the technology. The 68-year-old CEO outlined plans to lead the company into his 70s, targeting a $6.2 trillion net asset value built on artificial superintelligence and physical AI. With a $64.6 billion bet on OpenAI, Son is reshaping SoftBank as an AI-era industrial holding company.

Business4 sources

Masayoshi Son calls AI bubble talk 'blasphemy' as SoftBank targets $6.2 trillion valuation

Business4 sources

Cory Doctorow warns AI bubble could trigger economic collapse as tech valuations soar to $1.4tn

Tech journalist Cory Doctorow's new book reveals how the artificial intelligence industry has ballooned into a $1.4 trillion bubble, with nine companies accounting for 35% of US stock market valuation. He warns of catastrophic economic consequences when the bubble bursts and criticizes how AI systems turn workers into 'reverse centaurs'—human assistants to uncaring machines rather than tools that augment human capability.

Entertainment14 sources

Cory Doctorow warns AI bubble could trigger economic collapse as tech valuations soar to $1.4tn

Entertainment14 sources

AI Super PACs Pour $27 Million Into Congressional Primary, But Winner Rejects Their Influence

AI-focused super PACs spent over $27 million on a single congressional primary in Manhattan, making it one of the most expensive races in New York history. Alex Bores, who championed AI safety legislation, lost to Micah Lasher—but the victor promised to ignore both AI companies and pursue the same AI regulation agenda. The race reveals how AI money in politics is reshaping campaigns while raising questions about whether tech spending can counter growing anti-AI sentiment.

Policy7 sources

AI Super PACs Pour $27 Million Into Congressional Primary, But Winner Rejects Their Influence

Policy7 sources

Menlo Ventures raises record $3B fund as Anthropic bet delivers $14B stake

Menlo Ventures announced $3 billion in new funds, the largest raise in its 50-year history, driven by its stake in Anthropic now worth $14 billion. The venture capital firm's aggressive 2024 bet on the AI model maker has paid off handsomely, transforming Menlo into a major player in AI investing and enabling it to back startups from seed through late-stage growth rounds.

Startups5 sources

Menlo Ventures raises record $3B fund as Anthropic bet delivers $14B stake

Startups5 sources

Info Edge's AI investments now worth Rs 1,827 crore as Bikhchandani bets big on deeptech

Sanjeev Bikhchandani's Info Edge has invested Rs 1,003 crore in 54 AI and deeptech startups since 2020, now valued at Rs 1,827 crore. The company's AI portfolio shows a 2.1x return multiple with 31% IRR, while its broader startup investments across 135 companies have grown from Rs 4,900 crore to Rs 41,300 crore, delivering an 8.4x multiple.

Business2 sources

Info Edge's AI investments now worth Rs 1,827 crore as Bikhchandani bets big on deeptech

Business2 sources

TensorX Secures €8M and $1B Partnership to Build Europe's Sovereign AI Infrastructure

Dublin-based TensorX raised €8M in seed funding and partnered with Solstice on a $1 billion financing facility to expand sovereign AI infrastructure across the EU. The company is purchasing Nvidia Blackwell GPUs to deliver GDPR-compliant AI inference from EU-based data centers, targeting regulated industries that cannot send data abroad. Solstice will also launch aiUSX, a yield-bearing asset that lets companies finance the buildout with capital they already hold for AI.

Business5 sources

TensorX Secures €8M and $1B Partnership to Build Europe's Sovereign AI Infrastructure

Business5 sources

UC San Diego Researcher Wins $5.6M NIH Award to Build AI Tools for Disease Prevention

Natasha Martin from UC San Diego has secured a prestigious $5.6 million NIH Avant-Garde Award to develop AI tools that prevent HIV, hepatitis C, and overdose. The AMPLIFY project will create digital twins—AI-powered simulations trained on community data—to help public health departments allocate resources and design interventions tailored to people who use drugs across the United States.

Health2 sources

UC San Diego Researcher Wins $5.6M NIH Award to Build AI Tools for Disease Prevention

Health2 sources

Tsuga raises $35M Series A to keep AI observability inside customers' own cloud infrastructure

Paris-based Tsuga secured $35m in Series A funding led by Singular to scale its AI observability platform built on the Bring Your Own Cloud model. Founded by former Datadog executives, the startup challenges legacy per-byte pricing by deploying inside customer environments, addressing data residency concerns and exploding telemetry costs from AI agents.

Startups2 sources

Tsuga raises $35M Series A to keep AI observability inside customers' own cloud infrastructure

Startups2 sources

SpaceX raises $25 billion in bond debut as AI expansion draws massive investor interest

Elon Musk's SpaceX has launched a $25 billion bond offering that attracted nearly $85 billion in orders, marking the company's first investment-grade debt issuance. The proceeds will refinance a bridge loan and support SpaceX's capital-intensive AI ambitions, requiring tens of billions for data centers, computing hardware, and power infrastructure as the newly public company expands beyond rockets.

Business3 sources

SpaceX raises $25 billion in bond debut as AI expansion draws massive investor interest

Business3 sources

AI industry spends millions in New York primary as OpenAI and Anthropic battle over regulation

Two opposing factions of the AI industry are pouring over $17 million into a Manhattan congressional primary, turning the race into a proxy battle over AI regulation. OpenAI-backed groups spent more than $7 million against Alex Bores, while Anthropic supporters countered with over $10 million in his favor, testing the political influence of competing AI industry camps.

Policy2 sources

AI industry spends millions in New York primary as OpenAI and Anthropic battle over regulation

Policy2 sources

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