OpenAI's $122B Round Adds Retail Access Before IPO
OpenAI closed its funding round at $122 billion and $852 billion valuation on March 31, with $3 billion going to retail investors via banks for the first time.
Funding
South Korea Bets $400M on Rebellions to Rival Nvidia
South Korean AI chip startup Rebellions has closed a $400M pre-IPO round at a $2.34B valuation, with the government's Korea National Growth Fund leading Seoul's first direct bet under its K-Nvidia initiative.
Starcloud Raises $170M to Put AI Compute in Orbit
The 15-person startup that launched an H100 GPU into space last November just became the fastest Y Combinator company ever to reach unicorn status.
Physical AI's Money Moment - $11B and Counting
Physical Intelligence is in talks to raise $1 billion at an $11 billion valuation, doubling in four months, as investors pour capital into AI software designed to run robots in the real world.
Shield AI Raises $2B at $12.7B in Defense AI Bet
Shield AI closed a $2B raise at a $12.7B valuation, more than doubling from $5.3B a year ago, to fund its Hivemind autonomous pilot software and acquire Pentagon simulation vendor Aechelon Technology.
OpenAI Kills Sora, Disney's $1B Deal Goes With It
OpenAI is shutting down Sora six months after launch, killing a $1 billion Disney deal that was supposed to anchor the product's future.
