Nscale Closes $2B to Build Europe's AI Backbone
Nscale raises the largest Series C in European history, valuing the company at $14.6 billion and funding a 100,000-GPU AI gigafactory in Norway with OpenAI as anchor customer.
Articles Tagged "Funding"
Nvidia Rules Out $100B OpenAI Bet as IPO Nears
Jensen Huang confirmed Nvidia's $30B OpenAI investment will likely be its last direct equity stake, killing the $100B pledge as OpenAI races toward a public listing at a $730B valuation.
Open Source Endowment Fights AI Slop With Permanent Fund
A new 501(c)(3) nonprofit backed by the creators of curl, Vue.js, and HashiCorp is building the world's first permanent endowment for open source as AI-generated junk submissions push maintainers to the breaking point.
Ayar Labs Raises $500M to Wire AI Chips With Light
Ayar Labs closes a $500M Series E backed by Nvidia, AMD, and Sequoia to mass-produce co-packaged optical interconnects that replace copper in AI data centers.
Three AI Giants Ate 83% of February's $189B VC
Crunchbase data shows February 2026 was the biggest startup funding month in history, with OpenAI, Anthropic, and Waymo absorbing $156 billion of a record $189 billion total.
OpenAI Closes $110 Billion Round at $730 Billion - The Largest Private Deal in History
OpenAI has finalized a $110 billion funding round backed by Amazon, NVIDIA, and SoftBank, valuing the company at $730 billion pre-money. But $35 billion of Amazon's commitment hinges on an IPO or AGI milestone.
AI Chip Startups Raise $1.1 Billion in a Single Week - The Nvidia Challengers Are Here
Three AI chip startups - MatX, SambaNova, and Axelera - raised a combined $1.1 billion in one week, signaling an acceleration in the race to break Nvidia's GPU dominance.
Anthropic Opens $6 Billion Employee Share Sale at $350 Billion - The Quiet Pre-IPO Signal
Anthropic launches a $5-6 billion employee share sale at a $350 billion valuation, just 11 days after closing a record $30 billion Series G. The move signals an IPO is closer than the company admits.
OpenAI Closes In on $100 Billion Mega-Round at $850 Billion Valuation
OpenAI is finalizing the largest private funding round in history, with Amazon, SoftBank, Nvidia, and Microsoft committing over $100 billion at a valuation exceeding $850 billion.
Taalas Exits Stealth With $169 Million to Hardcode AI Models Into Silicon
Toronto startup Taalas raises $169M to build custom chips that permanently etch AI model weights into transistors, claiming 73x faster inference than Nvidia's H200 at a fraction of the power.
Nvidia's $100 Billion OpenAI Deal Collapses Into a $30 Billion Equity Bet
Nvidia abandons its $100B infrastructure partnership with OpenAI after five months of stalling, replacing it with a $30B equity stake as OpenAI's record-breaking funding round nears $100B at an $850B valuation.
AlphaGo Architect Raises $1B to Build Superintelligence Without LLMs
David Silver leaves DeepMind to launch Ineffable Intelligence, raising $1B in Europe's largest seed round to pursue superintelligence through reinforcement learning instead of large language models.
