Nous Research raises $90M at $1.5B valuation
The open-source Hermes Agent startup is pivoting to enterprise with a new product line, backed by Nvidia and a $1.5 billion valuation.
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The open-source Hermes Agent startup is pivoting to enterprise with a new product line, backed by Nvidia and a $1.5 billion valuation.
Valor Equity Partners and Atreides Management co-led the Series B for the San Francisco startup building AI agents for hardware design.
The S-1 filing reveals a $518 billion infrastructure spend and $8 billion operating loss, framing safety concerns as a core valuation risk for the upcoming Nasdaq listing.
Inference infrastructure startup triples its valuation in four months as demand for open-source model execution outpaces compute costs.
Fei-Fei Li joins AMD as chief scientist to integrate world model research directly into the chip roadmap, challenging Nvidia's ecosystem dominance.
The seven-year commitment to CPU-heavy infrastructure is the largest in Akamai's history and includes a warrant structure that ties Anthropic's equity stake to future spending milestones.
The startup argues legacy benchmarks are outdated and sells proprietary, industry-specific evaluations to AI labs and federal agencies.
Deven Parekh explains why the $90 billion firm rejects the 'bet the farm' strategy while competitors pile into frontier labs, citing long-horizon diversification and early-stage entry advantages.
Cognition, the maker of Devin, secured a $2 billion round led by a16z and Accel, pushing its valuation to $48 billion just four months after its previous raise.
Mistral AI secured a €3 billion Series D led by Samsung, valuing the French lab at over €21 billion as it pivots toward sovereign AI infrastructure and international expansion.
The robotics startup, founded by ex-DeepMind researchers, has raised an additional $200M to extend its $600M round, positioning itself against rivals like Physical Intelligence and Skild AI.
The British AI infrastructure provider is raising capital through convertible notes and Nvidia-backed financing to support its massive compute commitments, including a $45 billion deal with Anthropic.
As Anthropic prepares for a blockbuster public debut, scrutiny intensifies on its Long-Term Benefit Trust, a non-equity holding body that controls the majority of the board and aims to balance commercial viability with long-term safety.
Mira Murati's AI lab is seeking a $1 billion raise led by Accel, valuing the company at $40 billion despite a reported $100 million annual revenue run rate.
The Austin-based startup is expanding its runtime protection and supply chain security tools to address prompt injection and agent manipulation as enterprise AI spending accelerates.
The cybersecurity giant is integrating Console's agentic automation into its Cortex platform to handle routine IT support tasks autonomously.
The AI training-data startup has become Y Combinator's fastest-ever unicorn, jumping from a $300M valuation to $3.2B in just five months.
Situational Awareness pours another $400M into Source Foundry, a Stanford spinout aiming to slash chip manufacturing costs.
The AI cloud provider is betting on quick deployment and revenue to repay short-dated debt as it scales GPU infrastructure for a major customer.
The 23-year-old founder's viral AI assistant has attracted huge investor interest, yet its invasive permissions and terms of use have sparked controversy.
The chip giant is reportedly set to acquire the dominant AI model repository, a move that could reshape the open-source AI landscape and tighten Nvidia's hold on the industry's infrastructure.
The AI lab signs a six-year, $45 billion agreement with British infrastructure startup Nscale for Nvidia Vera Rubin-based compute, continuing its aggressive expansion.
Chris Malone's departure from OpenAI's data center team marks the latest in a string of senior exits, raising questions about stability as the company prepares for a public listing.
The Bengaluru startup wants to be the full-service AI operator for small businesses, taking agents from website generation to customer acquisition.
The Stable Diffusion maker brings in $76M in Series B funding, with strategic investment from Universal, Sony, Warner, and EA.
The AI startup, spun out of Medal, is attracting major investors as it pivots its action-model approach toward robotics.
The AI model hub is reportedly weighing acquisition offers at a valuation of $13 billion or more, raising questions about the future of its open-source community.
The startup's hollow-core fiber can transmit data 50% faster, potentially reshaping where AI data centers get built.
The payments giant's acquisition of the AI model router signals a strategic pivot toward managing AI expenses and embedding itself in the AI economy's infrastructure.
The AI accounting startup hits unicorn status two years after stealth, with Iconiq leading a Series C that closed in under 48 hours.