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Agile Robots raises funding at $8.5 billion valuation in SoftBank-led round

Agile Robots SE has raised funding at an $8.5 billion valuation in a round led by SoftBank Group, Bloomberg reported. The German robotics startup will use the fresh capital to expand production of its machines powered by artificial intelligence.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Capital

SmartNews seeks $70 million in Tokyo IPO at lower valuation

SmartNews is seeking to raise ¥11.2 billion ($70 million) through an initial public offering in Tokyo next month, Bloomberg reported. The planned offering values the company 80% below its latest major funding round in 2021.

AI
AI

Vodia adds Grok voice agent support to its business phone system

Vodia says its business phone system now supports Grok voice agents through xAI's speech-to-speech API. The integration connects calls to xAI through a generic SIP gateway, a connection used to carry telephone calls, rather than a dedicated Grok connection type.

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AI Capital

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.