Bezos Backs Flourish's $500M Bet on Brain-Inspired AI
Jeff Bezos anchored a $500M round for Flourish, a New York startup building Cortex AI from connectomics research, targeting 20-50W operation versus server-rack GPU clusters.
Articles Tagged "Venture Capital"
Orbital Plans 10,000 GPU Satellites for AI Inference
a16z-backed Orbital wants to run AI inference from low Earth orbit using NVIDIA Blackwell GPUs, targeting 10,000 satellites and 1 GW of compute at full scale.
DeepSeek Nears $7.4B Close With Tencent and CATL
DeepSeek's maiden external funding round is nearing completion at up to $59B valuation, with Tencent and EV battery giant CATL as the biggest outside investors.
Cognition Raises $1B at $25B as Devin Hits $492M ARR
Cognition's $1B funding round at a $25B pre-money valuation puts Devin's $492M ARR and model-agnostic architecture under scrutiny as every major AI lab ships its own coding agent.
KPMG Goes All-In on Claude, Deploying to 276K Staff
KPMG and Anthropic signed a global alliance giving all 276,000 employees access to Claude, with a dedicated PE product and a preferred-consultant designation for private equity deployments.
AI Startups Are Gaming Revenue and VCs Look Away
AI founders are reporting contracted ARR as actual revenue, inflating public figures by 3-5x - and their investors know it.
Brett Adcock's Hark Raises $700M for AI Interface
Brett Adcock's AI lab Hark has closed a $700M Series A at a $6B valuation before shipping a single product, with chip companies AMD, Intel, Qualcomm, and NVIDIA all backing the bet.
Cowboy Space Raises $275M to Build Its Own Rockets
Baiju Bhatt's orbital AI compute startup raises $275M at a $2B valuation and plans to build its own rockets to bypass SpaceX and Blue Origin bottlenecks.
OpenAI, Anthropic Launch $11.5B Enterprise AI Bets
OpenAI and Anthropic announced rival PE-backed enterprise AI services ventures on the same day, each deploying forward-deployed engineers into corporate clients via private equity distribution.
Nvidia Bets $40B on Its Own AI Customers
Nvidia has crossed $40 billion in equity commitments this year, investing in the same AI companies that buy its chips - raising serious questions about circular money flows in the ecosystem.
Moonshot AI Goes From $4.3B to $20B in Six Months
Moonshot AI closed a $2B round at a $20B valuation, four-times its end-2025 value, on the strength of its Kimi open-weight models and $200M ARR.
DeepSeek Nears $45B as China's Big Fund Leads Round
China's state semiconductor fund is leading DeepSeek's first-ever VC raise at a $45B valuation, signaling a strategic shift from chip investment to backing AI model labs directly.
