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Celero Raises $275M to Connect AI Chips with Coherent DSP Technology at $3B Valuation

Celero Communications secured $275 million in Series C funding at over $3 billion valuation for its coherent digital signal processors that transmit AI data through fiber optic cables. The two-year-old startup validated a 2nm chip but hasn't started production yet.

Technology3 sources

Celero Raises $275M to Connect AI Chips with Coherent DSP Technology at $3B Valuation

Technology3 sources

Cognition Raises $2 Billion at $48 Billion Valuation as AI Coding Market Heats Up

AI coding startup Cognition announced a $2 billion Series E funding round at a $48 billion valuation, nearly doubling its $26 billion valuation from May. The company's run-rate revenue surged from $492 million to $900 million in just four months, with enterprise customers including Nvidia, Goldman Sachs, and Mercedes-Benz rapidly expanding adoption of its AI software engineer Devin.

Startups8 sources

Cognition Raises $2 Billion at $48 Billion Valuation as AI Coding Market Heats Up

Startups8 sources

Lightsage Raises $4M to Build Growth Stack for Software's Newest Customer: AI Agents

San Francisco startup Lightsage secured $4M in seed funding led by Nexus Venture Partners to pioneer Agent-Led Growth. The platform helps software companies optimize how AI agents discover, use, and pay for their products through simulations across coding agents like Claude Code and GitHub Copilot, addressing challenges from documentation to agentic payments under PSD2 regulations.

Technology2 sources

Lightsage Raises $4M to Build Growth Stack for Software's Newest Customer: AI Agents

Technology2 sources

Dubai Chambers Launches Agentic AI Training for 14,000 Companies to Lead Commercial Adoption by 2028

Dubai Chambers opened agentic AI training for over 14,000 member companies through its new Academy platform, marking the first major step in a two-year initiative to make Dubai the world's leading city for commercial AI adoption by 2028. While specialized training tracks are now live, promised AI incubators and dedicated funds remain unannounced.

Business2 sources

Dubai Chambers Launches Agentic AI Training for 14,000 Companies to Lead Commercial Adoption by 2028

Business2 sources

Mistral AI Secures €3B to Build Europe's Sovereign AI Champion at €21B Valuation

French AI lab Mistral AI has raised €3 billion at a €21 billion valuation in Europe's largest-ever tech funding round. Led by Samsung Electronics, the Series D funding will help Mistral build AI infrastructure and position itself as a sovereign alternative to U.S. giants like OpenAI and Anthropic.

Startups18 sources

Mistral AI Secures €3B to Build Europe's Sovereign AI Champion at €21B Valuation

Startups18 sources

Ineffable Intelligence Hires 6 Cofounders From Google DeepMind in Major Talent Acquisition

David Silver's Ineffable Intelligence has named six new cofounders, four from Google DeepMind, as the $5 billion AI startup builds its reinforcement learning team. The hires include AlphaStar veterans and signal an aggressive push toward AI superintelligence through recursive self-improvement.

Business2 sources

Ineffable Intelligence Hires 6 Cofounders From Google DeepMind in Major Talent Acquisition

Business2 sources

Oracle Beats Revenue Estimates as AI Demand Drives 121% Cloud Infrastructure Growth

Oracle exceeded Wall Street expectations with 30% revenue growth reaching $19.35 billion in its fiscal first quarter. Cloud revenue surged 62% to $11.61 billion, powered by a 121% jump in cloud infrastructure revenue. The company secured over $30 billion in new AI cloud contracts while bringing 850 megawatts of data center capacity online.

Business15 sources

Oracle Beats Revenue Estimates as AI Demand Drives 121% Cloud Infrastructure Growth

Business15 sources

Nvidia Bets Big: $99B in Equity Investments Drive 70% Revenue Growth Forecast Amid Debate

Nvidia CEO Jensen Huang projects 70% revenue growth next year, reaching $680 billion, as the company's $99 billion equity portfolio—up from $7 billion a year ago—fuels AI infrastructure expansion. Critics like Michael Burry warn of circular financing risks, but Huang defends the strategy as essential to AI ecosystem growth.

Business9 sources

Nvidia Bets Big: $99B in Equity Investments Drive 70% Revenue Growth Forecast Amid Debate

Business9 sources

Voice AI Startup Navana.ai Raises Rs 40 Crore in Series A Funding Led by Ronnie Screwvala

Bengaluru-based Navana.ai has secured Rs 40 crore in Series A funding led by entrepreneur Ronnie Screwvala. The voice AI startup will deploy the capital to expand in the BFSI sector and enhance its proprietary speech models covering 12 Indian languages and 45 dialects, having already processed over 100 million voice AI minutes for enterprise clients.

Startups4 sources

Voice AI Startup Navana.ai Raises Rs 40 Crore in Series A Funding Led by Ronnie Screwvala

Startups4 sources

TCS Commits $7.4 Billion to Build One-Gigawatt AI Data Centre Campus in Hyderabad

TCS' HyperVault announces Rs 70,000 crore investment to develop a one-gigawatt AI data centre campus on 264 acres in Hyderabad. The facility will support frontier AI companies and hyperscalers with high-density liquid-cooled infrastructure, creating 7,000 jobs while claiming green energy and water-neutral design.

Business5 sources

TCS Commits $7.4 Billion to Build One-Gigawatt AI Data Centre Campus in Hyderabad

Business5 sources

Japan Signals AI and Chips Will Dominate Next Phase of $550B US Investment Pact

Japan's trade minister Ryosei Akazawa confirmed that artificial intelligence and semiconductor projects will carry "very significant weight" in the upcoming third tranche of the $550B US-Japan investment pact. With $109B already committed to energy and minerals, the strategic investment is now pivoting toward high-tech industrial policy as both nations deepen technology-driven economic collaboration.

Business2 sources

Japan Signals AI and Chips Will Dominate Next Phase of $550B US Investment Pact

Business2 sources

Gimlet Labs Raises $300M to Solve AI's Growing Power Crisis with Multi-Silicon Inference Cloud

Gimlet Labs secured $300 million in Series B funding led by Andreessen Horowitz at a $3 billion valuation. The startup addresses AI inference bottlenecks with its disaggregated inference platform that orchestrates heterogeneous compute systems, delivering up to 10X throughput gains while optimizing intelligence per watt across GPUs and specialized accelerators.

Startups2 sources

Gimlet Labs Raises $300M to Solve AI's Growing Power Crisis with Multi-Silicon Inference Cloud

Startups2 sources

Nvidia in Talks for $10B Investment as Anthropic IPO Shifts to October Targeting $2 Trillion Valuation

Anthropic is delaying its highly anticipated IPO launch to mid-October, with Nvidia considering a $10 billion anchor investment in what could become the largest public offering in history. The artificial intelligence company aims to raise up to $100 billion at a potential $2 trillion valuation, testing public-market appetite for AI as it races to complete the listing before November's US midterm elections.

Business9 sources

Nvidia in Talks for $10B Investment as Anthropic IPO Shifts to October Targeting $2 Trillion Valuation

Business9 sources

Resect AI Secures $25 Million Funding to Combat AI Hallucinations with Real-Time Detection Technology

Resect AI launched from stealth with $25 million in funding to tackle AI hallucinations using patented in-stream technology. Unlike traditional post-generation checks, the startup's platform intervenes within large language models' decision-making processes to stop fabrications at the source while generating audit trails for enterprise compliance.

Technology2 sources

Resect AI Secures $25 Million Funding to Combat AI Hallucinations with Real-Time Detection Technology

Technology2 sources

Anthropic secures $15 billion credit facility as it prepares for blockbuster IPO

Anthropic is finalizing a $15 billion revolving credit facility led by Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Citigroup ahead of its highly anticipated IPO. The Claude chatbot maker aims to raise capital comparable to SpaceX's record-breaking debut while reporting annualized revenue exceeding $65 billion.

Business2 sources

Anthropic secures $15 billion credit facility as it prepares for blockbuster IPO

Business2 sources

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