SAP Acquires Prior Labs in $1.16B European AI Push
SAP buys German tabular AI startup Prior Labs and commits €1B to build Europe's first frontier AI lab, while also acquiring data lakehouse Dremio in a two-front push on structured enterprise data.
Articles Tagged "Funding"
Inside Anthropic's $200B Google Cloud Compute Bet
Anthropic has committed $200 billion to Google Cloud over five years - the largest cloud contract in AI history - alongside a 3.5 GW TPU capacity deal with Google and Broadcom coming online in 2027.
SubQ Launches: 12M-Token Context on Sub-Quadratic AI
Subquadratic exits stealth with SubQ, the first frontier model built on a sparse-attention architecture, a $29M seed round, and a 12M-token context window that costs a fraction of Opus.
Sierra's $950M Round and the End of the Call Center
Sierra raised $950M at a $15.8B valuation to put AI agents in charge of customer service for some of the world's largest insurers and banks - and the safety questions are just beginning.
Meta Buys ARI to Build the Android of Humanoid AI
Meta acquired Assured Robot Intelligence, a one-year-old startup building foundation models for humanoid robots whose founders describe their goal as physical AGI.
Anthropic Weighs $50B Raise - Could Top OpenAI
Anthropic is considering a $40-50 billion funding round at a valuation of up to $900 billion, which would make it the world's most valuable private AI company, surpassing OpenAI.
OpenAI Misses Revenue Targets - IPO in Doubt
WSJ reports OpenAI missed multiple monthly revenue targets and its 1B user goal in 2026, sending Oracle down 6% and chip stocks sliding as IPO doubts surface.
David Silver Raises $1.1B to Build AI Without Human Data
David Silver, creator of AlphaGo and AlphaZero, closed a $1.1B seed round for Ineffable Intelligence - a London lab building AI that learns without human data.
Cohere Acquires Aleph Alpha in $20B Sovereign AI Deal
Cohere acquires Germany's Aleph Alpha at a $20B combined valuation, backed by a €500M Schwarz Group commitment, to build a transatlantic challenger for sovereign enterprise AI.
DeepSeek V4 Hits Frontier Benchmarks at One Tenth the Price
DeepSeek releases V4 Flash and V4 Pro with frontier-class benchmarks at prices 7-9x below OpenAI and Anthropic, built entirely on Huawei Ascend chips.
Google Backs Anthropic With $40B and 5 Gigawatts
Google commits up to $40 billion to Anthropic alongside five gigawatts of cloud compute, making it the largest single infrastructure bet in AI history.
Bezos's Physical AI Lab Hits $38B After $10B Round
Project Prometheus has closed a $10 billion funding round at a $38 billion valuation, with BlackRock and JPMorgan backing Bezos's bet on physical AI for industry.
