Etched Exits Stealth With Working Chip and $1B in Orders
Transformer ASIC startup Etched comes out of stealth with first-pass silicon on TSMC N4P, $800M raised, and more than $1B in signed customer contracts.
Articles Tagged "Funding"
OpenAI Delays IPO to 2027 as Altman Holds Out for $1T
Sam Altman has rejected any sub-trillion IPO valuation as a nonstarter, pushing the listing to 2027 while SoftBank takes a 13% hit and SpaceX's stumbling debut makes the wait look smarter.
General Intuition Raises $320M to Train AI on Gameplay
General Intuition raised $320 million at a $2.3 billion valuation on the bet that billions of hours of video game footage - with action labels - can train AI agents that operate in the real world.
Agility Robotics Goes Public in $2.5B SPAC Deal
Agility Robotics merges with Churchill Capital XI at a $2.5B valuation, becoming the first publicly traded pure-play humanoid robot company with robots already earning commercial revenue.
Anthropic Locks In Micron as HBM Defines the AI Race
Micron and Anthropic signed a multi-year HBM supply deal on June 22, with Micron also investing in Anthropic's Series H as memory bandwidth becomes the rate-limiting constraint for frontier AI.
Reflection AI Locks $6.3B Compute Deal With SpaceX
The AlphaGo co-founder's open-source AI lab will pay SpaceX $150M monthly for Nvidia GB300 chips at Colossus 2, totaling $6.3B before shipping a single public model.
Baseten Closes $1.5B Round as Open-Source AI Matures
Baseten's $1.5B raise at a $13B valuation signals a structural shift as open-source models displace closed APIs in enterprise AI.
Behavox Raises $175M From BlackRock for AI Compliance
London-based Behavox lands preferred equity from BlackRock's HPS as compliance demand rises ahead of Colorado and EU AI Act deadlines.
Pramaana Labs Raises $27M for Provably Correct AI
Pramaana Labs uses the LEAN proof language to attach a mathematical certificate to every AI answer in high-stakes domains like tax, law, and drug discovery.
Canada's Pension Giant Bets C$1B on India AI Data Centers
CPP Investments commits C$1 billion to Indian data center operator CtrlS in a dual equity-and-JV structure, joining the global race to build hyperscale AI infrastructure across India.
Odyssey Raises $310M as Amazon Bets on World Models
Amazon leads a $310M round into Odyssey, a startup building world models that simulate physics - not just language - with Trainium chip adoption baked in as the price of entry.
Sarvam Raises $234M to Power India's Sovereign AI
Bengaluru-based Sarvam hit a $1.5 billion valuation after HCLTech put in $150 million, betting India can build its own AI stack and stop routing sensitive data through American clouds.
