DIG Ventures closes $120M fund for European AI infrastructure startups
London-based DIG Ventures has closed its third fund at $120M to back around 30 European pre-seed and seed-stage startups building software infrastructure for AI. Institutional backers include Horsley Bridge, Sofina, Granite and an...
Armadin raises $255.5 million Series B for AI cybersecurity agents
Armadin said Thursday it raised $255.5 million in a Series B round led by a16z and Accel, Reuters reported. The AI cybersecurity company, started by Mandiant founder Kevin Mandia to build cybersecurity agents, said the financing v...
Osavul raises €8.5M to expand threat intelligence business
Osavul has raised €8.5M in Series A financing led by European cybersecurity fund 33N Ventures, with participation from Balnord, G+D Ventures and 42CAP. The company will use the money to improve its AI, expand its sales team and en...
Nebius buys Inferize to add GPU loading technology to inference platform
Nebius has acquired Israeli startup Inferize in a deal estimated at $100 million to $150 million, CoinCentral reports. Nebius has not disclosed the exact financial terms. Inferize will operate inside Nebius Token Factory, its mana...
Dell, Jera and Rhaelm plan $15B AI data center near Tokyo
Dell, Jera and UK-based Rhaelm are partnering to build a $15B, 400MW off-grid AI data center and gas power plant near Tokyo, the Financial Times reports. The planned facility would be among Asia's largest data center projects outs...
Axis Bank plans to double data center exposure over three years
India's Axis Bank plans to double its exposure to data centers over the next three years, a top executive said. The planned expansion comes as India's push into artificial intelligence spurs investment in the digital infrastructur...
