Nscale filing reveals $5.5B debt and larger Nvidia financing commitment
Nscale had $5.5B in debt in September, up from $137.4M in June, Bloomberg reported, citing an amended S-1 filing. Nvidia committed $2B of the data center developer's $3B+ convertible financing; Nscale previously disclosed $1B.
ValkaAI extends pre-seed funding round to €13 million
Czech startup ValkaAI has extended its pre-seed funding round to €13 million, with backing from Look AI Ventures and ff Venture Capital. The company announced €12 million in initial external funding in February 2026.
Smartbird warns most convertible-note funding remains optional
Smartbird, formerly Allbirds, says only the initial $8.25 million of its convertible-note facility has been invested, while the remaining $91.75 million is solely at noteholders' option.
NeuralSat raises €2.9 million for satellite relay and computing network
Germany's NeuralSat has secured €2.9 million in pre-seed funding to develop a network that would relay satellite data and process it in orbit. Capnamic Ventures and Bayern Kapital led the round.
DeepX plans more than $100 million for chip using Samsung's 2 nanometer process
South Korean startup DeepX plans to spend more than $100 million developing its next artificial intelligence chip, Bloomberg reported.
Uber notifies drivers of license data theft through Fireworks AI
Uber is notifying thousands of drivers that their personal and driver's license information was stolen in an October breach at Fireworks AI, TechCrunch reported. Notices filed this week say attackers stole internal credentials from the provider and used them to access Uber data.


