Fortem raises $50 million with Lockheed Martin participating
Counter-drone company Fortem has raised $50 million in Series B funding, with Lockheed Martin participating, Bloomberg reported. Fortem is seeking to expand manufacturing and bookings rapidly. CEO Jon Gruen said its relationship w...
Anthropic commits $100 million to Claude engineer training academy
Anthropic launched Claude Frontier Academy on October 2 with a $100 million commitment and a goal of training 10,000 engineers by the end of 2027. Initial cohorts are running in San Francisco, New York and London, with participant...
Broadcom syndicate seeks $60 billion for AI chip financing
Broadcom's Wall Street syndicate is starting to gather $60 billion in fresh AI chip financing, Bloomberg reported, citing sources. The financing effort would help Anthropic and other companies access chips and other infrastructure...
Rocket Lab signs 20-launch agreement with Synspective
Rocket Lab signed a 20-mission Electron launch agreement with Japanese radar satellite operator Synspective, Ars Technica reported, citing Aviation Week & Space Technology. Rocket Lab calls it its largest Electron launch service a...
Halluminate raises $30M for AI financial training environments
Halluminate raised a $30M Series A led by Oak HC/FT, bringing its total funding to $38.5M, Fortune reported. The nine-person San Francisco startup builds environments for training AI to perform complex financial work, giving the f...
OpenAI deploys Jalapeño chips with AMD Turin host processors
OpenAI is deploying its Jalapeño custom AI chips internally alongside AMD EPYC Turin host processors, each with 1.5TB of memory, Tom's Hardware reported. OpenAI hardware chief Richard Ho said the company chose Turin to reduce depl...