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Raja Koduri's Oxmiq raises $35M to license AI chip designs instead of selling finished chips

Oxmiq Labs, founded by veteran chip architect Raja Koduri, has closed a $35 million Series A to scale OxCore, a licensable GPU architecture that lets chipmakers build custom AI silicon without years of design work. The startup aims to become the 'Arm for AI GPUs,' licensing chip designs rather than selling finished chips, with backing from Samsung Catalyst Fund and legendary chip architect Jim Keller joining its board.

Technology6 sources

Raja Koduri's Oxmiq raises $35M to license AI chip designs instead of selling finished chips

Technology6 sources

Together AI raises $800M at $8.3B valuation as companies shift to cost-effective AI models

Together AI has secured $800 million in Series C funding led by Aramco Ventures, more than doubling its valuation to $8.3 billion. The AI neocloud provider reports over $1.15 billion in annual bookings as companies increasingly adopt open-source AI models to reduce costs. The funding comes as demand for alternatives to expensive closed AI systems surges across the industry.

Startups6 sources

Together AI raises $800M at $8.3B valuation as companies shift to cost-effective AI models

Startups6 sources

UAE's MGX closes $49 billion AI fund, one of the biggest investment vehicles focused on AI ever

Abu Dhabi's sovereign wealth fund MGX has closed a $49 billion AI fund, marking one of the largest investment vehicles ever focused on artificial intelligence. The technology investment firm attracted global institutional investors and plans to deploy up to $10 billion annually across the AI stack, from semiconductors to frontier models, with major backing already committed to OpenAI, Anthropic, and xAI.

Business2 sources

UAE's MGX closes $49 billion AI fund, one of the biggest investment vehicles focused on AI ever

Business2 sources

Aligned Raises $60M Series B to Transform Enterprise Sales with AI-Native Deal Execution Platform

Israeli startup Aligned secured $60 million in Series B funding led by PeakSpan Capital to expand its AI-native sales execution platform. The company's AI Deal Workspace serves 70,000 salespeople monthly and has helped customers reduce deal closure time by 30% while increasing closure rates by 15%, addressing the fragmented nature of B2B enterprise deals.

Startups2 sources

Aligned Raises $60M Series B to Transform Enterprise Sales with AI-Native Deal Execution Platform

Startups2 sources

Japan targets 10 million robots by 2040 with $6 billion sovereign AI model to tackle labor crisis

Japan announced an updated national robotics strategy aiming to deploy 10 million robots by 2040 across 18 sectors including medical care and food manufacturing. The government will invest $6 billion over five years in Noetra, a consortium led by SoftBank, Sony, NEC, and Honda, to develop a homegrown AI model focused on physical AI applications as the nation addresses severe labor shortages from its aging population.

Policy4 sources

Japan targets 10 million robots by 2040 with $6 billion sovereign AI model to tackle labor crisis

Policy4 sources

Bloom Energy stock surges as Brookfield expands AI infrastructure partnership to $25 billion

Bloom Energy shares jumped more than 20% after Brookfield Asset Management expanded their strategic AI infrastructure partnership fivefold, from $5 billion to $25 billion. The deal positions Bloom as a key player in powering the AI revolution through its fuel-cell systems for data centers facing unprecedented electricity demand.

Business6 sources

Bloom Energy stock surges as Brookfield expands AI infrastructure partnership to $25 billion

Business6 sources

Etched raises $800M, hits $5B valuation with $1B in sales for AI inference chips

AI chip startup Etched has raised $800 million and secured $1 billion in sales contracts for its specialized inference chips, positioning itself as a serious Nvidia competitor. The company successfully manufactured its first silicon with TSMC and plans to start shipping frontier inference clusters this summer, backed by AI luminaries including Geoffrey Hinton and Peter Thiel.

Startups4 sources

Etched raises $800M, hits $5B valuation with $1B in sales for AI inference chips

Startups4 sources

BTC Digital secures $7 million financing to build AI computing center in Georgia

BTC Digital raised $7 million through private placement to fund construction of an 8-megawatt AI computing center in Georgia. The financing could generate up to $28 million total if warrants are exercised. This marks the company's strategic pivot from cryptocurrency mining to AI infrastructure, with first-phase capacity expected online within six months.

Business2 sources

BTC Digital secures $7 million financing to build AI computing center in Georgia

Business2 sources

Chamath Palihapitiya raises $135M for AI coding startup 8090 Labs, takes CEO role himself

Chamath Palihapitiya, known for Social Capital and the All-In podcast, announced that his AI coding startup 8090 Labs raised $135 million in Series A funding led by Salesforce Ventures. The company offers an AI coding agent for corporate teams with enterprise-grade controls. Palihapitiya will lead the startup as CEO, marking his first full-time operating role since Facebook.

Startups2 sources

Chamath Palihapitiya raises $135M for AI coding startup 8090 Labs, takes CEO role himself

Startups2 sources

SharonAI Holdings secures $1.6B financing as former OpenAI researcher increases stake to 19.9%

SharonAI Holdings closed a $1.6 billion strategic financing round anchored by former OpenAI researcher Leopold Aschenbrenner's fund, which now holds 19.9% of the company. The AI infrastructure provider plans to deploy up to 40,000 NVIDIA Grace Blackwell GB300 GPUs across Australia and Asia-Pacific. But traders are watching Meta's potential entry into selling compute capacity, which could pressure pricing for smaller neocloud providers.

Business3 sources

SharonAI Holdings secures $1.6B financing as former OpenAI researcher increases stake to 19.9%

Business3 sources

Straiker raises $64M to secure AI agents as enterprises face new threats from autonomous systems

Mountain View startup Straiker has raised $64 million in Series A funding to secure the AI agents flooding into enterprises. With IDC projecting over a billion agents by 2029, the agentic security company addresses a gap that traditional security tools cannot cover as autonomous agents reason independently across company systems.

Startups2 sources

Straiker raises $64M to secure AI agents as enterprises face new threats from autonomous systems

Startups2 sources

Mirendil raises $200 million to build self-improving AI that accelerates scientific discovery

Former Anthropic researchers Behnam Neyshabur and Harsh Mehta have launched Mirendil with $200 million in seed funding at a $1 billion valuation. The startup aims to democratize access to AI that improves AI—technology that major labs currently keep proprietary. Backed by Andreessen Horowitz, Kleiner Perkins, and Nvidia, Mirendil wants to put recursively self-improving AI systems into the hands of independent researchers to accelerate scientific discovery.

Startups2 sources

Mirendil raises $200 million to build self-improving AI that accelerates scientific discovery

Startups2 sources

Omen AI raises $31M to solve bacterial contamination problem in data center cooling systems

Omen AI secured $31 million in Series A funding to address a critical issue in AI infrastructure: bacterial growth in liquid cooling systems. The startup's real-time monitoring technology helps data centers avoid millions in downtime costs by detecting contamination before it clogs chip cooling systems. Led by Nava Ventures, the round signals growing investor interest in solutions that optimize the efficiency of liquid cooling as AI compute demands surge.

Startups3 sources

Omen AI raises $31M to solve bacterial contamination problem in data center cooling systems

Startups3 sources

Momenta IPO seeks $752M in Hong Kong to fuel AI research and robotaxi expansion

GM-, Toyota- and Mercedes-backed Momenta has launched its Hong Kong IPO targeting up to $752 million, valuing the self-driving software firm at nearly $9 billion. The company plans to allocate 60% of proceeds to AI research and development, with another 20% earmarked for robotaxi rollout as it competes in China's crowded autonomous vehicle market.

Startups2 sources

Momenta IPO seeks $752M in Hong Kong to fuel AI research and robotaxi expansion

Startups2 sources

Firmus and Nvidia partner to build 360MW AI data center in Indonesia with $30B in expected deals

Australian AI infrastructure firm Firmus Technologies will develop a 360-megawatt Nvidia DSX AI Factory campus in Batam, Indonesia, with access to 170,000 Nvidia chips. The eight-year partnership expects to generate $25 billion to $30 billion in committed offtake agreements during its first six years, positioning Batam as a major regional AI compute hub near Singapore.

Technology2 sources

Firmus and Nvidia partner to build 360MW AI data center in Indonesia with $30B in expected deals

Technology2 sources

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