Arena raises $200 million at $3.1 billion valuation
Arena Intelligence, the startup behind an AI model leaderboard, has raised $200 million at a $3.1 billion valuation, Bloomberg reported. Lightspeed Venture Partners and Khosla Ventures led the financing, with Salesforce Ventures a...
VEIR raises $110 million for superconducting data centre power systems
VEIR has raised $110 million in a Series C round co-led by Matter Venture Partners and Tyche Partners to expand manufacturing capacity and develop new products. The Massachusetts company makes superconducting power cables for AI d...
NVIDIA commits $1 billion over five years to US scientific computing
NVIDIA announced commitments valued at $1 billion over the next five years to expand U.S. research capacity in scientific AI and quantum computing. The company made the announcement at a Washington event bringing together U.S. off...
Google launches Gemini agent for business tasks across internal systems
Google announced a unified Gemini agent for businesses that can plan work and act across internal systems, TechCrunch reported. The company will bring the agent to businesses before rolling it out to consumers. Google says users ...
Elvy announces €1.43 million funding close with DiCaprio investment
Swedish household energy company Elvy announced a €1.43 million second close of its previously announced funding round, including an investment from Leonardo DiCaprio. His individual investment amount was undisclosed. Elvy also an...
AI takes 75% of Europe's $25bn third-quarter startup funding
European startups raised $25bn in the third quarter, their strongest venture funding quarter in four years, according to Crunchbase data reported by The Next Web. AI companies received $18.8bn, or 75% of the total, the highest sha...
