TypeSafe AI raises about $870 million at $7.5 billion valuation
TypeSafe AI has raised about $870 million at a $7.5 billion valuation in a financing led by Andreessen Horowitz, Bloomberg reported. The startup develops Jev, an artificial intelligence model that went viral after launching only a...
CleanSpark says $2.276 billion debt closing funds Sandersville completion
CleanSpark said Friday that its Sandersville data center project in Georgia is fully funded through completion following the closing of $2.276 billion in senior secured notes. The project is expected to generate approximately $6.6...
Oxide raises $445M Series D to fund inventory and manufacturing
Oxide says it has raised a $445M Series D led by Eclipse to fulfill its order backlog, accept additional demand and expand manufacturing capacity. Existing investors including USIT, Riot Ventures and Jane Street participated, whil...
Nvidia commits $1B over five years to US AI research capacity
Nvidia has committed $1B over five years to expand US capacity for advanced AI research, The Register reports. The commitment covers fields including quantum computing, healthcare and energy, with the funding spread across five ye...
Monte Carlo Capital closes €13 million toward second venture fund
Monte Carlo Capital announced a €13 million first close for Fund II, which targets €26 million. The Monaco-based venture firm says the fund has already made five investments and that most investors in Fund I have recommitted. Fun...
Danu Robotics raises $5 million as recycling robots begin shipping
Edinburgh-based Danu Robotics has raised $5 million in late-seed funding and is shipping its H.E.R.O. recycling robots, TechCrunch reports. The company has $500,000 in signed contracts, letters of interest from two large customers...