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Qodo raises $70M to verify AI-generated code as enterprises struggle with trust and quality

Qodo, a New York-based startup building AI agents for code review and governance, has raised $70 million in Series B funding led by Qumra Capital. As AI coding tools generate billions of lines of code monthly, the company addresses a critical bottleneck: verifying that AI-generated software works as intended. Major enterprises including NVIDIA and Walmart are already using Qodo's multi-agent system.

Startups2 sources

Qodo raises $70M to verify AI-generated code as enterprises struggle with trust and quality

Startups2 sources

ScaleOps raises $130M to tackle computing efficiency crisis as AI infrastructure costs soar

ScaleOps has raised $130 million in Series C funding at an $800 million valuation to address the growing problem of wasted compute resources in AI infrastructure. The startup's platform autonomously manages Kubernetes infrastructure in real-time, reducing cloud and AI infrastructure costs by up to 80%. Led by Insight Partners, the round brings total funding to $210 million as the company reports 450% year-over-year growth.

Startups3 sources

ScaleOps raises $130M to tackle computing efficiency crisis as AI infrastructure costs soar

Startups3 sources

Rebellions raises $400 million at $2.34 billion valuation as AI chip startup eyes US expansion

South Korean AI chip startup Rebellions has secured $400 million in a pre-IPO funding round led by Mirae Asset Financial Group and Korea National Growth Fund, valuing the company at $2.34 billion. The company has raised $650 million in six months and launched RebelRack and RebelPOD infrastructure platforms while targeting Meta and xAI as US customers.

Technology7 sources

Rebellions raises $400 million at $2.34 billion valuation as AI chip startup eyes US expansion

Technology7 sources

Starcloud raises $170 million to build AI data centers in space, reaching unicorn status

Starcloud has raised $170 million at a $1.1 billion valuation to build orbital data centers powered by solar energy. The startup already launched the first Nvidia H100 chip in space and demonstrated AI model training in orbit. But the business model depends on unproven technology and SpaceX's Starship rocket, which isn't flying commercially yet.

Startups10 sources

Starcloud raises $170 million to build AI data centers in space, reaching unicorn status

Startups10 sources

Mistral AI raises $830M in debt financing to build Nvidia-powered data center near Paris

French AI startup Mistral AI secured $830 million in debt financing to construct a new data center near Paris powered by 13,800 Nvidia chips. The facility, expected to be operational by Q2 2026, marks Europe's push for AI autonomy as demand surges from governments and enterprises seeking alternatives to US hyperscalers.

Business17 sources

Mistral AI raises $830M in debt financing to build Nvidia-powered data center near Paris

Business17 sources

Pro-AI Groups Pour $100 Million Into Midterm Elections as Regulation Battle Intensifies

A new pro-AI political group backed by Trump adviser David Sacks plans to spend at least $100 million on the 2026 midterm elections, adding to nearly $200 million already raised by tech industry donors. The push comes as public sentiment on artificial intelligence sours, with recent polls showing more than half of Americans believe AI will do more harm than good.

Policy4 sources

Pro-AI Groups Pour $100 Million Into Midterm Elections as Regulation Battle Intensifies

Policy4 sources

Eli Lilly strikes $2.75 billion deal with Insilico Medicine to accelerate AI drug development

Eli Lilly has signed a major partnership with Hong Kong-based Insilico Medicine worth up to $2.75 billion to develop AI-powered drugs. The deal includes $115 million upfront and gives Lilly exclusive global rights to commercialize therapeutics designed by artificial intelligence. Insilico has already developed 28 drugs using generative AI, with nearly half in clinical stages.

Business13 sources

Eli Lilly strikes $2.75 billion deal with Insilico Medicine to accelerate AI drug development

Business13 sources

Physical Intelligence seeks to raise $1 billion, doubling valuation to $11 billion in four months

Physical Intelligence, a two-year-old robotics startup founded by former Google DeepMind researchers, is in discussions to raise approximately $1 billion in new funding at a valuation exceeding $11 billion. The deal would double the company's $5.6 billion valuation from just four months ago, with Founders Fund and Lightspeed Venture Partners among the investors as the AI robotics sector attracts growing capital.

Startups3 sources

Physical Intelligence seeks to raise $1 billion, doubling valuation to $11 billion in four months

Startups3 sources

Anthropic eyes October IPO as Claude AI sees record subscriber growth amid Pentagon battle

Anthropic is preparing for a potential October initial public offering that could raise over $60 billion, as the Claude AI maker experiences record subscriber growth and navigates a legal dispute with the Pentagon over supply chain risk designation. The company's valuation reached $380 billion following a $30 billion funding round in February.

Business4 sources

Anthropic eyes October IPO as Claude AI sees record subscriber growth amid Pentagon battle

Business4 sources

SoftBank secures $40 billion bridge loan for OpenAI, signaling potential 2026 IPO

SoftBank has taken on a record $40 billion unsecured bridge loan to finance its $30 billion follow-on investment in OpenAI, bringing its total stake to over $60 billion. The 12-month loan term suggests lenders anticipate an OpenAI IPO later this year, which would provide SoftBank the liquidity needed to repay the debt and cement its position at the center of the global AI boom.

Business5 sources

SoftBank secures $40 billion bridge loan for OpenAI, signaling potential 2026 IPO

Business5 sources

Blossom Health raises $20 million to deploy AI copilot technology across psychiatry practices

New York-based telepsychiatry startup Blossom Health has secured $20 million in combined seed and Series A funding to scale its AI-powered platform that pairs psychiatrists with clinical copilots. The platform automates administrative burdens while assisting with symptom evaluation and diagnosis, addressing a critical workforce shortage affecting over 122 million Americans living in mental health professional shortage areas.

Startups2 sources

Blossom Health raises $20 million to deploy AI copilot technology across psychiatry practices

Startups2 sources

Shield AI raises $2 billion at $12.7 billion valuation, acquires Aechelon Technology

Shield AI announced $2 billion in funding at a $12.7 billion valuation, more than doubling its value from a year ago. The defense technology company will use proceeds to acquire Aechelon Technology, a simulation software maker, as it projects over $540 million in revenue for 2026. The raise underscores surging investor interest in autonomous systems and AI-powered drones for military modernization.

Startups5 sources

Shield AI raises $2 billion at $12.7 billion valuation, acquires Aechelon Technology

Startups5 sources

Deccan AI raises $25 million to build high-accuracy AI systems for enterprises and frontier labs

Deccan AI has secured $25 million in Series A funding led by A91 Partners to expand its AI model evaluation and enterprise automation services. The startup, founded in October 2024, leverages a network of over 1 million contributors primarily based in India to provide post-training data and evaluation work for frontier AI labs including Google DeepMind and Snowflake.

Startups2 sources

Deccan AI raises $25 million to build high-accuracy AI systems for enterprises and frontier labs

Startups2 sources

Normal Computing raises $50M to solve the AI energy crisis with thermodynamic chip technology

Normal Computing secured $50 million in Series B funding led by Samsung Catalyst to address the escalating cost and power consumption of AI chips. The startup is developing thermodynamic computing technology and an EDA platform already used by half of the world's top semiconductor companies. CEO Faris Sbahi warns data centers will hit an energy wall by 2030.

Technology2 sources

Normal Computing raises $50M to solve the AI energy crisis with thermodynamic chip technology

Technology2 sources

Disney's $1 billion AI investment and metaverse plans hit major roadblocks in new CEO's first week

New Disney CEO Josh D'Amaro faces twin crises as OpenAI shuts down Sora just months after a $1 billion collaboration was announced, while Epic Games cuts 1,000 jobs amid questions about their $1.5 billion metaverse partnership. The setbacks highlight risks in Disney's technology investments and raise concerns about the company's strategic direction in AI and gaming.

Business2 sources

Disney's $1 billion AI investment and metaverse plans hit major roadblocks in new CEO's first week

Business2 sources

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