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Novo Nordisk transfers Parkinson's cell therapy to Zuckerberg-backed Cellular Intelligence

Cellular Intelligence has acquired global rights to STEM-PD, Novo Nordisk's experimental stem-cell therapy for Parkinson's disease. The AI-backed startup plans to deploy its platform to accelerate development and manufacturing of the clinical-stage treatment, which aims to replace dopamine-producing nerve cells lost in the disease. Novo Nordisk takes an equity stake and remains eligible for milestone payments.

Business5 sources

Novo Nordisk transfers Parkinson's cell therapy to Zuckerberg-backed Cellular Intelligence

Business5 sources

TTEC suspends 401(k) matching for 16,000 employees to fund AI investments through 2026

Austin-based customer experience technology company TTEC has halted 401(k) matching contributions for approximately 16,000 U.S. employees through the end of 2026, redirecting those funds toward AI investments. The move follows a dramatic stock collapse and revenue decline, raising questions about whether employee retirement benefits will increasingly depend on corporate AI strategies.

Business2 sources

TTEC suspends 401(k) matching for 16,000 employees to fund AI investments through 2026

Business2 sources

Isomorphic Labs Raises $2.1 Billion to Scale AI Drug Discovery and Advance Clinical Trials

Alphabet-backed Isomorphic Labs secured $2.1 billion in Series B funding led by Thrive Capital, with participation from MGX, Temasek, and the UK Sovereign AI Fund. The Google DeepMind spin-off will use the investment to scale its AI drug design engine and expects to begin clinical trials by late 2026, marking a shift from its earlier 2025 target.

Startups5 sources

Isomorphic Labs Raises $2.1 Billion to Scale AI Drug Discovery and Advance Clinical Trials

Startups5 sources

Microsoft shops for AI startups as it prepares for life beyond its $13 billion OpenAI partnership

Microsoft is actively pursuing acquisitions of AI startups including Cursor and Inception, signaling a strategic shift away from its dependence on OpenAI. Court documents from the Musk v. Altman trial reveal the tech giant harbored doubts about the partnership as far back as 2018, when executives worried OpenAI would defect to Amazon and damage Azure's reputation.

Business8 sources

Microsoft shops for AI startups as it prepares for life beyond its $13 billion OpenAI partnership

Business8 sources

SoftBank cuts OpenAI margin loan target by 40% to $6 billion after lender pushback

SoftBank Group has reduced its planned margin loan backed by its OpenAI stake from $10 billion to as low as $6 billion after creditors raised concerns about valuing the unlisted AI company. The downsizing reflects growing caution among lenders about the difficulty of assigning reliable valuations to privately held artificial intelligence assets, even after OpenAI's $852 billion primary funding round.

Business4 sources

SoftBank cuts OpenAI margin loan target by 40% to $6 billion after lender pushback

Business4 sources

SK Hynix flooded with unprecedented offers from big tech to fund production amid chip crunch

Global tech giants are making rare financial offers to SK Hynix, proposing to invest in new production lines and fund expensive manufacturing equipment purchases as they scramble to secure memory chips. The chipmaker remains cautious, with insiders warning that available capacity is essentially zero despite the artificial intelligence boom driving demand.

Business5 sources

SK Hynix flooded with unprecedented offers from big tech to fund production amid chip crunch

Business5 sources

Scale AI wins $500 million Pentagon contract, five times larger than its previous military deal

Scale AI has secured a $500 million contract from the Pentagon's Chief Digital and Artificial Intelligence Office, marking a five-fold expansion from its $100 million deal signed in September 2025. The agreement supports AI integration into military decision-making and positions Scale alongside major tech firms in the Defense Department's accelerated push for AI adoption across operational workflows.

Business2 sources

Scale AI wins $500 million Pentagon contract, five times larger than its previous military deal

Business2 sources

Voi Co-Founders Launch Pit AI Startup with $16M to Automate Enterprise Workflows

Stockholm-based Pit, founded by Voi's leadership team, has raised $16 million led by Andreessen Horowitz to build custom AI software for enterprise operations. The AI startup promises to replace fragmented SaaS tools with production-grade systems that learn company workflows and deploy in days, already saving early customers over 10,000 hours annually.

Startups3 sources

Voi Co-Founders Launch Pit AI Startup with $16M to Automate Enterprise Workflows

Startups3 sources

Moonshot AI raises $2 billion at $20 billion valuation as Chinese AI labs attract major investors

Moonshot AI, creator of the popular Kimi chatbot, has closed a $2 billion funding round at a $20 billion valuation, led by Meituan's venture arm. The Beijing-based AI lab has raised $3.9 billion in just six months, with annual recurring revenue surpassing $200 million. The deal signals surging investor appetite for Chinese AI startups as they compete with OpenAI and Anthropic.

Startups5 sources

Moonshot AI raises $2 billion at $20 billion valuation as Chinese AI labs attract major investors

Startups5 sources

Corgi doubles valuation to $1.3B in four months as AI insurance carrier expands into trucking

Y Combinator-backed Corgi raised $160 million in Series B funding at a $1.3 billion valuation, just four months after closing its Series A at $630 million. The AI-native insurance carrier is expanding from startup insurance products into trucking, applying its AI underwriting layer to compress quoting cycles from weeks to minutes.

Startups2 sources

Corgi doubles valuation to $1.3B in four months as AI insurance carrier expands into trucking

Startups2 sources

OpsMill raises $14M Series A to make IT infrastructure data trustworthy for AI agents

Paris-based OpsMill has closed a $14M Series A round led by IRIS to expand its Infrahub platform, which provides AI agents and engineering teams with a single trusted view of enterprise IT infrastructure. The platform is already in production at TikTok and has helped one European cloud provider cut deployment times from five days to fifteen minutes, addressing a critical gap as enterprises race to automate network operations.

Startups2 sources

OpsMill raises $14M Series A to make IT infrastructure data trustworthy for AI agents

Startups2 sources

Nvidia Board Member Mark Stevens Donates $200 Million to USC to Accelerate AI Research

Billionaire venture capitalist and Nvidia board member Mark Stevens and his wife Mary are donating $200 million to the University of Southern California to advance AI research and education. The gift, one of the largest in USC's 146-year history, will fund the recruitment of AI talent and rename the school's advanced computing division to the USC Mark and Mary Stevens School of Computing and Artificial Intelligence.

Science3 sources

Nvidia Board Member Mark Stevens Donates $200 Million to USC to Accelerate AI Research

Science3 sources

Ethos Raises $22.75M from a16z for AI Expert Network with Voice-Powered Onboarding

London-based Ethos has secured $22.75 million in Series A funding led by Andreessen Horowitz to expand its AI-driven expert network. Founded by ex-DeepMind and McKinsey alumni, the platform uses voice-powered onboarding to create rich professional profiles, matching domain experts with companies more effectively than traditional networks like GLG.

Startups2 sources

Ethos Raises $22.75M from a16z for AI Expert Network with Voice-Powered Onboarding

Startups2 sources

DeepSeek valuation surges to $45 billion as China's Big Fund leads first investment round

DeepSeek, the Chinese AI lab known for cost-effective large language models, is raising its first venture capital funding at a valuation that skyrocketed from $20 billion to $45 billion in just weeks. China's state-backed semiconductor fund is leading the round, signaling Beijing's strategic push for AI self-sufficiency amid US technology restrictions.

Startups6 sources

DeepSeek valuation surges to $45 billion as China's Big Fund leads first investment round

Startups6 sources

Subquadratic claims 1,000x AI efficiency with 12 million token context window, researchers skeptical

Miami-based Subquadratic emerged from stealth with $29 million in seed funding, claiming its SubQ model is the first large language model built on fully subquadratic architecture. The company says it reduces compute by almost 1,000 times at 12 million tokens compared to frontier models, but AI researchers are demanding independent proof of the extraordinary claims before validating what could be a major inflection point in how AI systems scale.

Technology2 sources

Subquadratic claims 1,000x AI efficiency with 12 million token context window, researchers skeptical

Technology2 sources

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