Meta challenges Ofcom's WhatsApp and Instagram classifications
Meta is challenging Ofcom's Online Safety Act categorization of WhatsApp and Instagram, a move that could impose additional regulation on the services. Roblox and Quora are also contesting their classifications. The Financial Time...
Mazama Energy raises $135 million Series B for superhot geothermal wells
Geothermal startup Mazama Energy said it raised $135 million in an oversubscribed Series B led by Centaurus Capital and Doerr Capital, with ConocoPhillips, Shell Ventures, Khosla Ventures and Gates Frontier among participants. Th...
Nscale files for proposed NYSE IPO
Nscale filed an S-1 registration statement with the Securities and Exchange Commission for a proposed U.S. initial public offering. The London-based AI cloud and data-center company applied to list ordinary shares on the New York ...
Crusoe CEO cites nearly $4 billion funding, valuation near $31 billion
Crusoe CEO Chase Lochmiller said the AI infrastructure company has nearly $4 billion in fresh funding, lifting its valuation to almost $31 billion. He said the capital will support building data centers, cloud computing, and manag...
Vantora raises $100 million to build proprietary physical-AI startups for corporates
Vantora, the startup studio formerly known as UP.Labs, received a $100 million investment from Silversmith Capital Partners, its first outside funding. Founder and CEO John Kuolt said the firm is shifting toward a proprietary M&A...
Raindrop raises $35 million for AI-agent monitoring
AI agent monitoring platform Raindrop raised a $35 million Series A led by CRV, co-founders Zubin Koticha and Ben Hylak told Axios Pro. The company develops technology to monitor AI agents for failures including hallucinations and...