
Legal AI Startup Legora Raises $550M, Hits $5.55B
Swedish legal AI platform Legora closes a $550M Series D led by Accel, tripling its valuation to $5.55B in five months on the back of rapid US expansion.
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Swedish legal AI platform Legora closes a $550M Series D led by Accel, tripling its valuation to $5.55B in five months on the back of rapid US expansion.

Yann LeCun's AMI Labs closes a $1.03 billion seed round at a $3.5 billion valuation, betting that world models - not large language models - will define the next era of AI.

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.

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.

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 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.

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 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.

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 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 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.

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.