Nebuly raises $21m to expand AI return measurement business
Turin-based Nebuly has raised $21m in a Series A round led by Planven to expand its business measuring financial returns from enterprise AI.
MIT technique improves climate AI predictions with less training data
MIT researchers developed a training method that helped AI climate models predict unfamiliar emissions scenarios using less data, MIT News reported.
Fractile raises $720 million to develop AI chips and systems
British AI chip startup Fractile has raised a $720 million Series C backed by Britain's Sovereign AI Fund, TechCrunch reported. Thrive Capital, Founders Fund, Lightspeed Venture Partners and Redpoint led the round. The British government put the valuation at over £5 billion.
StitchStudio raises $8M to expand insurance AI agents
StitchStudio announced Wednesday that it raised $8M in a round led by Voyager Capital to expand AI agents for insurance carriers and brokers. Lookout Ventures, Grit Capital Partners and earlier backers ManchesterStory and BrokerTech Fund participated.
RedBlue holds first close on second fund targeting at least $50 million
RedBlue Capital has held a first close on its second fund, which founder Olaf Sakkers says will total at least $50 million, TechCrunch reported. The firm backs robotics, logistics, manufacturing and energy companies.
AWS makes three DeepSeek models available through SageMaker JumpStart
AWS has added DeepSeek-V4-Pro, DeepSeek-V4-Flash and DeepSeek-V4.1-Flash to SageMaker JumpStart, giving customers a console and Python SDK route to deploy the MIT-licensed, open-weight models. AWS says all three support a 1M-token context window.