funding
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SambaNova valuation reaches $11 billion as enterprise AI shifts
SambaNova reached an $11 billion valuation following a $1 billion Series F round to support its Reconfigurable Dataflow Unit architecture. The SN40L…
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Magic Leap’s $3.5B enterprise AR pivot and spatial computing platform
Magic Leap is pivoting to enterprise spatial computing with a $350 million venture capital injection to support industrial deployments for Boeing and…
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Skild AI intelligence and funding for general-purpose robots
Skild AI reached a $100 million annual revenue run rate using its Skild Brain foundation model to power diverse hardware. The technology…
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Helsing valuation growth and autonomous combat system performance
Helsing reached an $18 billion valuation following a $1.8 billion funding round involving JPMorgan Chase. While the HX-2 strike drone achieved an…
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How Tenstorrent’s Blackhole chip scales RISC-V AI for smart factories
Tenstorrent licenses RISC-V CPU and Tensix AI core technology to Samsung and LG for smart factory deployments. The company secured $1.5 billion…
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Cursor raises $2 billion to scale AI coding infrastructure
Cursor secured $2 billion in Series E funding at a $50 billion valuation with participation from Nvidia and Thrive Capital. The company…
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Brett Adcock scales Figure AI via BMW deployment and $39B valuation
Figure AI reaches a $39 billion valuation following a massive Series C funding round. The company’s Figure 02 robot successfully completed 1,000…
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The foundation and scaling of Anthropic
Dario and Daniela Amodei founded Anthropic in 2021 to prioritize AI safety through Constitutional AI. The company scaled rapidly through massive Amazon…
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The end of the OpenAI nonprofit mission
OpenAI is transitioning from a nonprofit to a Public Benefit Corporation following a massive $40 billion funding round. This shift follows years…
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Lambda Labs expands GPU cloud with $4 billion funding and Blackwell clusters
Lambda is raising up to $4 billion at a $14.5 billion valuation to deploy over 1 million GPUs by 2030. The company…
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Harvey’s $600 million legal AI expansion and the AmLaw 100 rollout
Harvey provides legal AI capabilities to over 80% of AmLaw 100 firms, offering tools for contract review and drafting. The VLAIR study…
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The evolution of DeepMind and the progression of Go software
DeepMind’s technical progression from AlphaGo Fan to AlphaZero reshaped global AI research funding. Following its Google acquisition, AlphaGo Lee defeated Lee Sedol…