AI Startups
18 articles
CuspAI Raises $450 Million From Bezos and UK Government, Launches AI Materials Foundry With Nvidia and Meta
Cambridge startup CuspAI closed a $450M Series B at a $2.6B valuation backed by Jeff Bezos and the UK government, launching an AI Materials Foundry with 48 partners.
Indian AI Coding Startup Emergent Becomes Unicorn With $130 Million Series C
Emergent raised $130 million at a $1.5 billion valuation, reaching unicorn status just over a year after launch as AI coding tools attract record investment.
OpenAI Researcher Miles Wang in Talks to Launch AI Drug Discovery Startup at $2 Billion Valuation
OpenAI researcher Miles Wang is reportedly raising around $200 million at a $2 billion valuation for a new AI drug discovery startup, with Lightspeed in talks to lead.
AI Drug Discovery Startup Chai Discovery Raises $400 Million at $3.8 Billion Valuation
Chai Discovery raised $400 million at a $3.8 billion valuation as pharma giants Pfizer and Eli Lilly double down on AI-powered drug discovery, joining a multibillion-dollar wave of investment.
Paris AI Voice Startup Gradium Raises $100 Million Seed Backed by Nvidia
Gradium, a Paris-based voice AI startup spun out of Kyutai lab, reopened its seed round to Nvidia and raised $100 million total to compete with ElevenLabs.
Chinese AI Startup MiniMax Raises $2 Billion as CEO Vows Zero Salary Until AGI
Open-source AI developer MiniMax closed a $2 billion funding round at a $16 billion valuation, with CEO Yan Junjie pledging to forgo his salary until artificial general intelligence is achieved.
AI Agent Startup Lyzr Raises $100 Million at $500 Million Valuation, Doubling in Four Months
Lyzr, a two-year-old startup whose no-code platform lets enterprises build AI agents in minutes, is raising $100 million at a $500 million valuation after drawing $400 million in investor interest.
Legal AI Startup Norm Raises $120 Million Series C at $1.2 Billion Valuation
Norm Ai raised a $120 million Series C led by Khosla Ventures at a $1.2 billion valuation, betting on an AI-native law firm that bills by outcome, not the hour.
Schneider Electric to Acquire Industrial AI Firm Cognite for $3.1 Billion
Schneider Electric agreed to buy Norwegian industrial AI startup Cognite for $3.1 billion, the largest software exit in Norway's history and a bet that industrial AI value lives at the data layer.
Twelve Labs Raises $100 Million Series B to Make Video Understandable to AI Agents
Video AI startup Twelve Labs raised $100M in a Series B led by NEA and NAVER Ventures, with Amazon backing, to make every second of video searchable for AI agents.
Venice AI Hits $1 Billion Valuation With $65 Million Series A as Privacy-First Demand Surges
Venice AI raised a $65 million Series A at a $1 billion valuation. The privacy-first platform is already profitable with over $70 million in annualized revenue.
Tripo AI Raises $150 Million Series A3 to Build 3D Foundation Models for Gaming and Manufacturing
Tripo AI has closed a $150 million Series A3 round just a month after raising $200 million, backed by automotive and gaming giants betting on 3D AI generation.
Ex-Infosys CEO Vishal Sikka Returns With AI IT-Services Startup Hang Ten Systems
Vishal Sikka's Hang Ten Systems raised $32 million in seed funding from Mayfield and Aramco Ventures to rebuild enterprise IT services around AI-native automation.
Seltz Raises $12.5 Million Seed to Build Web Search for AI Agents Instead of Humans
Seltz, founded by former Amazon search researcher Antonio Mallia, raised a $12.5 million seed round led by B Capital and Speedinvest to build web search infrastructure designed for how AI agents query the web.
Patronus AI Raises $50 Million to Build 'Digital Worlds' That Stress-Test AI Agents
The startup, used by nearly every frontier AI lab, builds simulated environments to catch the shortcuts and failures of autonomous AI agents. Revenue is up 15-fold.
General Intuition Raises $320 Million Series A at $2.3 Billion Valuation to Train AI Agents With Video Games
Spun out of gaming clip platform Medal, General Intuition raised $320M led by Khosla Ventures on the bet that player-annotated gameplay can teach AI agents to move in the real world.
Engram Raises $98 Million to Build the 'Learned Memory' That Slashes AI Token Costs
Eight-month-old startup Engram raised $98M from General Catalyst, Kleiner Perkins, Sequoia and Andrej Karpathy, claiming it can match frontier models with far fewer tokens.
Upscale AI Raises $190 Million, Hits $2 Billion Valuation With NVIDIA Backing
AI networking startup Upscale AI closed a $190M Series A-1 led by Premji Invest, with NVIDIA and Salesforce joining, reaching $500M in total funding.