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Pangram Raises $9M to Combat AI-Generated Content Flooding the Internet with Advanced Detection

New York-based AI detection startup Pangram secured $9 million in funding led by Menlo Ventures as it launches Pangram 4, claiming 99% accuracy in detecting AI-generated content. The company also unveiled an AI image detection model to address the growing challenge of AI slop flooding the internet.

Technology5 sources

Pangram Raises $9M to Combat AI-Generated Content Flooding the Internet with Advanced Detection

Technology5 sources

GlobalFoundries Secures $300M CHIPS Act Funding to Accelerate Silicon Photonics for AI Data Centers

The U.S. Department of Commerce awarded GlobalFoundries $300 million under the CHIPS Act to advance silicon photonics and co-packaged optics technology. The funding aims to strengthen domestic supply chains for AI infrastructure while targeting 400 gigabits per second data transfer speeds and five times better energy efficiency than current systems.

Technology7 sources

GlobalFoundries Secures $300M CHIPS Act Funding to Accelerate Silicon Photonics for AI Data Centers

Technology7 sources

Moonshot AI Closes $3.5B Funding Round at $35B Valuation, Eyes $50B IPO After Kimi K3 Success

Moonshot AI secured $3.5 billion in funding at a $35 billion valuation, far exceeding its initial $1-2 billion target. The Beijing-based startup behind the Kimi K3 model is now pursuing additional funding at a $50 billion pre-money valuation ahead of a planned Hong Kong IPO later this year.

Startups4 sources

Moonshot AI Closes $3.5B Funding Round at $35B Valuation, Eyes $50B IPO After Kimi K3 Success

Startups4 sources

Freehand Raises $75M to Deploy AI Agents That Automate Enterprise Supply Chain Spend

San Francisco-based Freehand has raised $75 million to scale its autonomous AI agents that manage complex supply chain spend for Fortune 500 companies including Meta, Unilever, and Pfizer. The startup's agents negotiate contracts, process invoices, and handle payments autonomously, recovering 5-10% of spend while shortening procure-to-pay cycles by over 70%.

Startups4 sources

Freehand Raises $75M to Deploy AI Agents That Automate Enterprise Supply Chain Spend

Startups4 sources

Cyera acquires Oasis Security for $1B to secure proliferating AI agents and non-human identities

Data security company Cyera signed a letter of intent to acquire Oasis Security for approximately $1 billion, mostly in cash. The deal brings together Cyera's data security capabilities with Oasis's non-human identity platform to create a unified security solution for AI agents. As AI agents proliferate across enterprises, the acquisition addresses growing demand for cybersecurity that monitors agent behavior and manages access permissions.

Business2 sources

Cyera acquires Oasis Security for $1B to secure proliferating AI agents and non-human identities

Business2 sources

Fish Audio raises $50M seed to build expressive AI voice models for creators and enterprises

Fish Audio, which started as a weekend project by a former NVIDIA researcher, has raised $50 million in seed funding led by Coreline Ventures and Capital Today. The Palo Alto-based startup now serves over 8 million users with its library of more than 15,000 natural language controls and generates $21 million in annual recurring revenue.

Startups2 sources

Fish Audio raises $50M seed to build expressive AI voice models for creators and enterprises

Startups2 sources

Zhongji Innolight drops 9% in Hong Kong debut despite raising $6.8 billion in city's largest IPO

Chinese AI data center supplier Zhongji Innolight fell as much as 9.4% in its Hong Kong debut after raising $6.8 billion in the city's largest IPO since Alibaba's 2019 listing. The optical transceivers maker, which supplies both US tech giants and Chinese firms, was swept up in a global tech sell-off despite strong demand from hyperscalers building AI infrastructure.

Business7 sources

Zhongji Innolight drops 9% in Hong Kong debut despite raising $6.8 billion in city's largest IPO

Business7 sources

Enigma raises $70M to make controlling a robot as intuitive as adjusting a car's volume knob

Enigma, founded by Microsoft's youngest-ever employee Jonathan Jacobi and Unit 8200 veteran Gal Niv, emerged from stealth with $70 million in seed funding led by Index Ventures and Ribbit Capital. The physical AI company is launching a public experiment where anyone can control over 100 proprietary robots online to discover how humans naturally want to interact with machines.

Technology4 sources

Enigma raises $70M to make controlling a robot as intuitive as adjusting a car's volume knob

Technology4 sources

Nvidia bets billions on Ilya Sutskever's Safe Superintelligence to scale AI research

Nvidia has announced a long-term strategic partnership with Safe Superintelligence, the secretive AI lab founded by former OpenAI co-founder Ilya Sutskever. The multi-billion-dollar investment will give SSI access to Nvidia's Vera Rubin platform, increasing its compute capacity tenfold. The deal comes after Nvidia gained rare access to SSI's closely guarded research, which the company says has reached milestones worthy of scaling.

Technology5 sources

Nvidia bets billions on Ilya Sutskever's Safe Superintelligence to scale AI research

Technology5 sources

Big Tech Debt Hits $1.65 Trillion as AI Infrastructure Spending Triggers Credit Concerns

Credit default swap prices for Oracle, Alphabet, Amazon, Meta and Nvidia have hit record highs as investors grow wary of massive AI infrastructure investments. Off-balance-sheet liabilities now total $1.65 trillion across five tech giants, exceeding their disclosed $1.35 trillion in official debt, raising questions about financial stability.

Business8 sources

Big Tech Debt Hits $1.65 Trillion as AI Infrastructure Spending Triggers Credit Concerns

Business8 sources

Multiverse Computing targets $570M Series C to shrink AI models and slash inference costs

Spanish AI startup Multiverse Computing has opened a $570M Series C funding round at a $1.7B valuation, betting that AI model compression will outpace the race for scale. The company's CompactifAI technology uses tensor networks from quantum physics to shrink large language models by up to 95% with minimal accuracy loss, targeting the growing inference cost burden facing enterprises.

Startups2 sources

Multiverse Computing targets $570M Series C to shrink AI models and slash inference costs

Startups2 sources

NAVER, NVIDIA and Brookfield forge $10 billion partnership to build Korea's sovereign AI future

NVIDIA is investing $1 billion to acquire a 4.5% stake in NAVER Corp, while Brookfield commits up to $9 billion to expand South Korea's AI infrastructure. The partnership will scale NAVER's GAK Sejong data center from 55 megawatts to 200 megawatts by 2028, with ambitions to reach gigawatt-scale capacity. This marks a strategic push to build sovereign AI infrastructure that can fuel Korea's AI ecosystem and compete globally.

Technology10 sources

NAVER, NVIDIA and Brookfield forge $10 billion partnership to build Korea's sovereign AI future

Technology10 sources

Anduril pursues $100B valuation funding round, tripling value in months as defense tech surges

Defense tech company Anduril is in talks to raise capital at a $100 billion valuation, more than tripling the $61 billion mark it achieved just months ago in May. The fundraise reflects surging demand for AI-powered defense technologies and autonomous systems as conflicts in the Middle East and Eastern Europe drive an unprecedented revival in the sector.

Business2 sources

Anduril pursues $100B valuation funding round, tripling value in months as defense tech surges

Business2 sources

Sam Altman's World Foundation raises $52.5M to scale proof of human verification system

The World Foundation secured $52.5 million led by Pantera Capital to expand World ID, its iris-scanning verification system designed to distinguish humans from AI. With 39 million users and 18 million verified through the Orb device, the project faces growing demand despite regulatory pushback in multiple countries over biometric data handling.

Startups2 sources

Sam Altman's World Foundation raises $52.5M to scale proof of human verification system

Startups2 sources

Genesis AI in talks to raise $500M at $3B valuation for robot foundation models

Genesis AI, the robotics startup building foundation models for robots, is reportedly in discussions to raise about $500 million at a $3 billion pre-money valuation. The physical-AI startup emerged from stealth just last July with a $105 million seed round, and the new funding round would mark a steep climb for the company developing its universal robotics model GENE-26.5.

Startups2 sources

Genesis AI in talks to raise $500M at $3B valuation for robot foundation models

Startups2 sources

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