AI Funding

Twitter

Facebook

Copy Link

Top News

SoftBank seeks $10 billion margin loan backed by OpenAI shares as AI bet intensifies

SoftBank is pursuing a $10 billion margin loan secured by its OpenAI stake, marking another aggressive move in its AI expansion strategy. The two-year loan comes despite S&P downgrading the Japanese conglomerate's credit outlook to negative, citing concerns over liquidity and asset quality from its massive OpenAI investments.

Business5 sources

SoftBank seeks $10 billion margin loan backed by OpenAI shares as AI bet intensifies

Business5 sources

Microsoft commits $18 billion to expand Australia AI infrastructure and train 3 million workers

Microsoft announced its largest-ever investment in Australia, pledging A$25 billion ($18 billion) by 2029 to expand Azure AI supercomputing capacity by 140%. CEO Satya Nadella signed a memorandum with Prime Minister Anthony Albanese, committing to train 3 million Australians in AI skills, enhance cybersecurity through the ASD Cyber-Shield program, and collaborate with the Australian AI Safety Institute.

Business10 sources

Microsoft commits $18 billion to expand Australia AI infrastructure and train 3 million workers

Business10 sources

Vast Data raises $1 billion, triples valuation to $30 billion as AI infrastructure demand surges

Nvidia-backed Vast Data has raised $1 billion in a Series F funding round, more than tripling its valuation to $30 billion. The AI infrastructure company, which develops storage technology for AI data centers, counts xAI, CoreWeave, and JPMorgan Chase as customers. The capital injection positions Vast Data for potential IPO readiness by year-end while it expands globally.

Startups6 sources

Vast Data raises $1 billion, triples valuation to $30 billion as AI infrastructure demand surges

Startups6 sources

Mary Minno and Wojcicki family launch AI Health Fund to back academic healthcare startups

Former Google product manager Mary Minno has launched Treehub, a six-month residency program, alongside the AI Health Fund, targeting $10 million to invest in startups at the intersection of healthcare and AI. Backed by Tim Draper, Anne Wojcicki, and Esther Wojcicki, the venture aims to bridge the gap between academic research and fundable companies, with early checks ranging from $50,000 to $150,000.

Startups4 sources

Mary Minno and Wojcicki family launch AI Health Fund to back academic healthcare startups

Startups4 sources

Robinhood's $75 million OpenAI stake opens doors for retail investors to access AI giant

Robinhood Ventures Fund I invested $75 million in OpenAI, marking one of its largest investments and providing retail investors with exposure to the ChatGPT maker valued at $852 billion. The publicly traded fund eliminates traditional barriers that restrict private market investments to wealthy accredited investors, advancing Robinhood's mission to democratize finance for everyday traders.

Business6 sources

Robinhood's $75 million OpenAI stake opens doors for retail investors to access AI giant

Business6 sources

NeoCognition raises $40M to build self-learning AI agents that specialize like human experts

NeoCognition, an AI research lab spun out of Ohio State University, has emerged from stealth with $40 million in seed funding to tackle a critical problem: current AI agents complete tasks successfully only 50% of the time. The startup is developing agents that learn like humans by building world models of their operating environments, enabling them to rapidly specialize in any domain rather than remaining unreliable generalists.

Startups3 sources

NeoCognition raises $40M to build self-learning AI agents that specialize like human experts

Startups3 sources

OpenAI commits $1.5 billion to DeployCo joint venture, guarantees 17.5% return to PE firms

OpenAI is set to invest up to $1.5 billion in DeployCo, a new private equity joint venture designed to accelerate AI adoption across enterprise portfolios. The company will commit an initial $500 million with an option for $1 billion more, while guaranteeing PE backers a 17.5% annual return. The move signals an aggressive push to dominate the enterprise AI market ahead of rival Anthropic.

Business6 sources

OpenAI commits $1.5 billion to DeployCo joint venture, guarantees 17.5% return to PE firms

Business6 sources

Michael and Susan Dell pledge $750 million to build country's first AI-native hospital at UT Austin

Dell Technologies founder Michael Dell and his wife Susan are donating $750 million to the University of Texas at Austin to build the country's first AI-native hospital. The UT Dell Medical Center will open in 2030 on a 300-acre research campus, integrating artificial intelligence into patient care from the ground up. The donation pushes the couple's total giving to UT Austin past $1 billion.

Health3 sources

Michael and Susan Dell pledge $750 million to build country's first AI-native hospital at UT Austin

Health3 sources

Core Scientific raises $3.3B in junk bonds to convert Bitcoin mines into AI data centers

Former Bitcoin miner Core Scientific plans a $3.3 billion junk-bond sale to fund its transformation into an AI infrastructure provider. The company is converting a 300-megawatt crypto mining facility in Texas into a 1.5-gigawatt AI datacenter campus under a 12-year, $10 billion contract with CoreWeave, reflecting the broader industry shift from cryptocurrency to artificial intelligence.

Business4 sources

Core Scientific raises $3.3B in junk bonds to convert Bitcoin mines into AI data centers

Business4 sources

Japanet quadruples venture capital fund to $200M after Anthropic and xAI bets deliver massive returns

Japanet Holdings, a Japanese TV shopping company, has expanded its venture capital fund from $50 million to $200 million after early investments in Anthropic, xAI, SpaceX, and OpenAI generated extraordinary returns. Anthropic's valuation soared from $550 million in 2021 to $380 billion in 2026. The move reflects a broader trend of Japanese corporations racing to secure stakes in Silicon Valley startups amid fears of missing the AI revolution.

Business3 sources

Japanet quadruples venture capital fund to $200M after Anthropic and xAI bets deliver massive returns

Business3 sources

Ex-Stripe Engineers Raise €7.5M for AI Financial Operations Platform Targeting UK Startups

Seapoint, founded by ex-Stripe and Tide engineers, has raised €7.5 million in seed funding led by 13books. The AI-powered financial operations platform now opens to all UK and Irish startups, having already processed over 100,000 transactions across 80+ early customers. The raise brings total funding to €10 million.

Startups2 sources

Ex-Stripe Engineers Raise €7.5M for AI Financial Operations Platform Targeting UK Startups

Startups2 sources

Jeff Bezos's Project Prometheus AI lab closes $10 billion round at $38 billion valuation

Jeff Bezos has returned to an operational role for the first time since leaving Amazon in 2021, co-leading Project Prometheus with Google veteran Vik Bajaj. The artificial intelligence lab has closed a $10 billion funding round at a $38 billion valuation, attracting investors like JPMorgan Chase and BlackRock who are betting on AI that understands the physical world.

Startups7 sources

Jeff Bezos's Project Prometheus AI lab closes $10 billion round at $38 billion valuation

Startups7 sources

Google to invest up to $40 billion in Anthropic as AI infrastructure race intensifies

Google commits to invest up to $40 billion in Anthropic, with $10 billion immediate and $30 billion tied to performance targets. The deal values Anthropic at $350 billion and follows Amazon's $5 billion investment days earlier. Both tech giants are racing to secure computing capacity for Claude AI models amid surging demand.

Business54 sources

Google to invest up to $40 billion in Anthropic as AI infrastructure race intensifies

Business54 sources

Congressional Candidate Proposes AI Dividend to Pay Americans Facing Job Displacement

New York assemblymember Alex Bores, running for Congress in 2026, has unveiled an AI Dividend program that would send direct payments to Americans whose jobs are replaced by AI. The proposal includes funding mechanisms like a tax on AI consumption and equity stakes in AI firms, while also allocating resources for workforce training and education.

Policy4 sources

Congressional Candidate Proposes AI Dividend to Pay Americans Facing Job Displacement

Policy4 sources

iLearningEngines executives arrested for $421M AI fraud scheme that fabricated customers

Federal prosecutors charged the former CEO and CFO of iLearningEngines with running a massive fraud operation that fabricated virtually all customer relationships and revenue. The AI-driven business automation company, which reached a $1.5 billion market value, allegedly faked at least 90% of its $421 million in reported 2023 revenue before filing for bankruptcy in late 2024.

Policy4 sources

iLearningEngines executives arrested for $421M AI fraud scheme that fabricated customers

Policy4 sources

Prev 1…272829…64 Next