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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

China Blocks Manus Founders After Meta's $2 Billion Deal Exposes AI Talent Exodus

Beijing has barred Manus co-founders Xiao Hong and Ji Yichao from leaving China while reviewing whether Meta's $2 billion acquisition violated foreign investment rules. The intervention signals a crackdown on Chinese AI startups relocating offshore and highlights intensifying tensions in the US-China tech rivalry over AI dominance.

Policy3 sources

China Blocks Manus Founders After Meta's $2 Billion Deal Exposes AI Talent Exodus

Policy3 sources

Granola raises $125M at $1.5B valuation, expanding from AI notetaker to enterprise AI platform

Granola, the AI-powered meeting application that records conversations without visible bots, secured $125 million in Series C funding led by Index Ventures, reaching a $1.5 billion valuation. The London-based startup is expanding beyond meeting transcription to become an enterprise AI context layer, introducing Team Spaces, new APIs, and planning agentic AI features within the next year.

Startups5 sources

Granola raises $125M at $1.5B valuation, expanding from AI notetaker to enterprise AI platform

Startups5 sources

Harvey confirms $11 billion valuation as Sequoia triples down on legal AI startup

Legal tech startup Harvey has raised $200 million at an $11 billion valuation, marking a 3.5x jump in just over a year. The San Francisco-based company, backed by Sequoia and GIC, is deploying AI agents to automate complex legal workflows for over 100,000 lawyers across 1,300 organizations. The funding underscores growing investor appetite for specialized AI application companies beyond large model providers.

Startups6 sources

Harvey confirms $11 billion valuation as Sequoia triples down on legal AI startup

Startups6 sources

Origin raises $30M to solve the $750M blind spot in corporate benefits spending with AI

London-based Origin has raised $30 million in Series A+ funding to expand its AI platform that transforms fragmented employee benefits data into actionable intelligence. Founded by the team behind Darwin, the startup helps multinational companies gain visibility into their second-largest cost after headcount, with one client expecting to save $75 million annually using the platform.

Startups2 sources

Origin raises $30M to solve the $750M blind spot in corporate benefits spending with AI

Startups2 sources

OpenAI closes $122 billion funding round at $852 billion valuation, eyes public debut

OpenAI has completed the largest private funding round in history, raising $122 billion at an $852 billion valuation. The ChatGPT maker brought in $3 billion from retail investors for the first time, signaling its path toward an anticipated IPO this year. With major backing from Amazon, Nvidia, and SoftBank, the company is fueling its race to dominate AI infrastructure and compete with rivals like Anthropic.

Business12 sources

OpenAI closes $122 billion funding round at $852 billion valuation, eyes public debut

Business12 sources

OpenAI Foundation commits $1 billion to tackle AI risks as Altman warns of societal threats

The OpenAI Foundation announced plans to invest $1 billion in 2026 across AI safety, healthcare research, and economic impact programs. CEO Sam Altman issued a stark warning that AI will introduce new societal threats no single company can handle alone, while the nonprofit arm of OpenAI named key leaders including co-founder Wojciech Zaremba to oversee AI resilience efforts.

Policy10 sources

OpenAI Foundation commits $1 billion to tackle AI risks as Altman warns of societal threats

Policy10 sources

Software Stocks Plunge as Amazon Web Services and Anthropic Accelerate AI Automation Push

Software stocks tumbled Tuesday with the iShares Expanded Tech-Software Sector ETF falling 4.4% after reports emerged that Amazon Web Services is developing AI agents to automate sales and business development functions. The decline deepened concerns about AI-driven disruption within the software sector, with UiPath Inc. and HubSpot Inc. dropping over 9% as investors reassess growth prospects.

Business2 sources

Software Stocks Plunge as Amazon Web Services and Anthropic Accelerate AI Automation Push

Business2 sources

Delve halts demos as compliance allegations trigger investor retreat and fraud scrutiny

Y Combinator-backed Delve, valued at $300 million, faces serious fraud accusations after a whistleblower claimed the AI compliance startup fabricated certifications. The company has disabled demo bookings while investor Insight Partners scrubbed its $32 million investment announcement, signaling potential damage control as the scandal unfolds.

Startups2 sources

Delve halts demos as compliance allegations trigger investor retreat and fraud scrutiny

Startups2 sources

BlackRock's Larry Fink warns AI boom risks exacerbating wealth inequality for millions

BlackRock CEO Larry Fink used his annual shareholder letter to warn that AI threatens to intensify wealth inequality, with gains concentrated among companies and investors who financed the industry's growth. The $14 trillion asset manager chief called for broader participation in capital markets to ensure more people share in AI's economic value.

Business3 sources

BlackRock's Larry Fink warns AI boom risks exacerbating wealth inequality for millions

Business3 sources

Dash0 Secures $110M at Unicorn Valuation to Deploy AI Agents That Fix Production Issues

Dash0 has raised $110 million at a $1 billion valuation to accelerate development of Agent0, its AI-powered layer that autonomously resolves production issues rather than just detecting them. The observability platform has grown to 600 paying customers in under two years and is targeting aggressive US market expansion while challenging established players like Datadog with simplified pricing and OpenTelemetry-native architecture.

Startups3 sources

Dash0 Secures $110M at Unicorn Valuation to Deploy AI Agents That Fix Production Issues

Startups3 sources

French prosecutors suspect Elon Musk deliberately encouraged deepfakes row to inflate X value

French prosecutors have alerted US authorities to suspicions that Elon Musk may have deliberately encouraged the Grok AI deepfakes controversy to artificially boost X's value. The investigation centers on whether the sexualized deepfakes scandal was orchestrated ahead of a planned June 2026 stock market listing involving SpaceX and xAI merger.

Policy3 sources

French prosecutors suspect Elon Musk deliberately encouraged deepfakes row to inflate X value

Policy3 sources

Unitree Robotics seeks $610M in Shanghai IPO as humanoid robots capture 32% global market share

Chinese startup Unitree Robotics filed for a $610 million IPO on the Shanghai Stock Exchange, marking one of China's biggest onshore tech listings in years. The company shipped over 5,500 humanoid robots last year, capturing 32.4% of the global humanoid market, while its operating income surged 335% year-on-year to reach 1.708 billion yuan in 2025.

Business2 sources

Unitree Robotics seeks $610M in Shanghai IPO as humanoid robots capture 32% global market share

Business2 sources

Ecolab acquires CoolIT Systems for $4.75 billion to meet surging AI data center cooling demand

Water solutions company Ecolab has agreed to acquire CoolIT Systems from KKR for $4.75 billion in cash, marking a significant bet on the booming AI infrastructure market. The deal represents a dramatic valuation jump from CoolIT's $270 million price tag when KKR acquired it in 2023, reflecting the surging demand for advanced cooling solutions as tech giants race to build AI-capable data centers.

Business4 sources

Ecolab acquires CoolIT Systems for $4.75 billion to meet surging AI data center cooling demand

Business4 sources

AI Security Startup Xbow Hits $1 Billion Valuation After $120M Funding Round

Xbow, an AI security startup that automates penetration testing, has raised $120 million in Series C funding at a valuation exceeding $1 billion. Led by DFJ Growth and Northzone, the investment signals strong investor confidence in using AI to combat cybersecurity threats as malicious actors increasingly leverage the same technology to scale attacks.

Startups2 sources

AI Security Startup Xbow Hits $1 Billion Valuation After $120M Funding Round

Startups2 sources

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