AI Funding News

Anduril Industries has raised $5 billion in a Series H funding round, doubling its valuation to $61 billion. The funding was led by Andreessen Horowitz and Thrive Capital, bringing Anduril's total funding to $11.4 billion. CEO Brian Schimpf said that venture investment in defense tech has increased significantly in recent years. Anduril recently signed a $20 billion contract with the US Army and is involved in the Golden Dome missile defense system project. Read more: https://lnkd.in/gv6Uu_ry 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

Nscale has secured $790 million in financing to support the development of its AI data center in Narvik, Norway. The financing was committed by ABN AMRO Bank N.V., DNB, Eksfin - Export Finance Norway, Nordea, and SEB, and includes an additional $790 million uncommitted accordion feature for further expansion. This investment is part of Nscale's ongoing efforts to enhance its AI infrastructure, following a $2 billion Series C funding round and a $1.4 billion Delayed Draw Term Loan earlier this year. Josh Payne, Founder and CEO of Nscale, said these developments position the company at the forefront of global AI infrastructure. Read more: https://lnkd.in/gEtQQGyc 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

Cerebras Systems has increased its IPO price range due to high demand. The company initially set the price range at $115 to $125 per share but has now raised it to $150 to $160 per share. This change comes as orders for the IPO exceeded 20 times the available shares. Cerebras plans to sell 30 million shares, aiming to raise up to $4.8 billion. The company is known for its wafer-scale chip technology and has partnerships with OpenAI and Amazon. Read more: https://lnkd.in/gqvsas5F 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

The University of Michigan invested $20 million in OpenAI before ChatGPT was released. Court documents from the Musk v. Altman trial show that this investment is now valued at $2 billion. The investment was made when OpenAI was still a nonprofit research lab, and before Microsoft's significant investment in 2019. This early investment highlights the university's aggressive approach to AI funding, which has yielded substantial returns. Read more: https://lnkd.in/gXSVYYUE 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

Genesis AI has unveiled its first model, GENE-26.5, featuring robotic hands designed in-house. The startup, backed by Khosla Ventures, aims to bridge the gap between AI and robotics by developing a full-stack approach, including control over hardware. Co-founder Zhou Xian said the goal is to create a robotic hand that mimics a human hand, allowing for more data collection and improved model training. Genesis AI is also developing a sensor-loaded glove to collect data, which could be used in various industries. Read more: https://lnkd.in/gqfqbkFv 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

SoftBank Group Corp. has reduced its target for a margin loan backed by its OpenAI stake from $10 billion to as low as $6 billion. The decision came after some creditors hesitated, according to Bloomberg News. The initial plan raised concerns due to the challenge of valuing an unlisted company like OpenAI. SoftBank and OpenAI have not commented on the report. Read more: https://lnkd.in/gjft3jPw 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

Hyperscale Data, Inc. (NYSE American: $GPUS)'s subsidiary, Omnipresent Robotics, has entered into an agreement to acquire robots from AGIBOT. The agreement involves the purchase of up to 143 intelligent robots, which will be deployed in Michigan to support various AI and robotics operations. Milton "Todd" Ault III, Executive Chairman of Hyperscale Data, said they are moving from planning to active deployment, with infrastructure being prepared in Michigan. The deployment is expected to support model training, robotics learning, and the expansion of the Michigan workforce. Read more: https://lnkd.in/gj8U4iSi 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

Ilya Sutskever has disclosed that his stake in OpenAI is valued at nearly $7 billion. This information came up during Elon Musk's lawsuit against OpenAI, where Sutskever discussed his role in Sam Altman's temporary removal as CEO in 2023. Sutskever said he spent a year gathering evidence of what he saw as misleading conduct by Altman, which led to significant upheaval within OpenAI. He also mentioned that his stake was valued at $5 billion in November 2025, showing a substantial increase due to OpenAI's market growth. Sutskever has since started Safe Superintelligence Inc., a company focused on secure advanced intelligence systems, valued at $32 billion. Read more: https://lnkd.in/gcv8k6-z 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding

This week's AI Funding News from AI Funding Brief 👇 🔷 Anthropic Negotiates Chip Purchase from Fractile 🔷 Cerebras Systems Plans $3.5 Billion IPO with OpenAI Support 🔷 Moritz Secures $9 Million for AI-Driven Law Firm 🔷 Haun Ventures Raises $1 Billion for Crypto and AI Funds 🔷 BridgeWise Partners with X for Market Sentiment Analysis 🔷 Lattice Semiconductor to Acquire AMI for $1.65 Billion 🔷 ElevenLabs Secures $500 Million in Series D Funding 🔷 Spring Labs Raises $5 Million for AI Compliance 🔷 Village Secures $9.5M for AI Pediatric Health System 🔷 MoonPay Acquires DFlow for AI Trading on Solana 🔷 Stellanor Datacenters Acquires Eight Data Centers from Redcentric 🔷 Altara Raises $7M to Improve Data Integration 🔷 QuTwo Valued at $380M After Angel Round 🔷 Blaize Announces $35 Million Stock Offering 🔷 Samsung Electronics Hits $1 Trillion Valuation Amid AI Chip Demand 🔷 Wisdom Ventures Closes $77.7 Million Fund II 🔷 Robo.ai Inc. Acquires Neurovia for $100 Million 🔷 ROBOTERA Secures $200 Million in New Funding Round 🔷 Phoenix Tailings Acquires Machinery Partner for AI in Rare Earths 🔷 Enter Achieves Unicorn Status with $100 Million Funding 🔷 Basata Secures $21 Million for AI in Healthcare 🔷 Rokid Raises $2.58 Million for AI Glasses in Japan 🔷 Helsing Eyes $18 Billion Valuation in New Funding 🔷 ZyG Raises $60M for AI eCommerce Platform 🔷 CopilotKit Secures $27M for AI Agent Deployment 🔷 Ethos Secures $22.75M from a16z for AI Voice Onboarding 🔷 Blitzy Raises $200M Led by Northzone at $1.4B Valuation 🔷 NVIDIA Invests $40 Billion in AI Equity Deals for 2026 🔷 University of Michigan's OpenAI Investment Now Worth $2B 🔷 DeepSeek AI Seeks $7 Billion in First Funding Round 🔷 Isomorphic Labs Nears $2 Billion Funding 🔷 Driive Secures Pre-Seed Funding for AI Scheduling 🔷 Cowboy Space Corporation Secures $275 Million for Rocket Development 🔷 Plug and Play Invests in Six Albanian Startups 🔷 Netomi Secures $110 Million in Series C Funding 🔷 DeepSeek's Valuation May Hit $45 Billion in New Funding Round 🔷 AI Startup Pit by Voi Founders Gains Attention 🔷 KfW Reports 6% Increase in AI Startup Investments 🔷 Octave Acquires VXG Inc. for AI Security Solutions 🔷 boostsecurity.io Acquires SecureIQx and Korbit.ai, Secures $4M Funding 🔷 Genesis AI Launches GENE-26.5 Robotic Hand with $105M Funding 🔷 SoftBank Group Corp. Lowers OpenAI Margin Loan Target #ainews #ai #artificialintelligence #ainewsletter #aifunding #funding

Ethos has raised $22.75 million in a Series A funding round led by Andreessen Horowitz (a16z). The London-based company offers an expert network platform that uses AI and voice-powered onboarding to improve the matching process between experts and companies. Ethos co-founder James Lo said that traditional expert platforms focus too much on job titles, while Ethos aims to capture specific skills and capabilities. The company is on track for an eight-figure annualized revenue and is expanding its expert user base, with around 35,000 new users joining weekly. Read more: https://lnkd.in/gantAqBt 📰 Subscribe to the weekly AI Funding News Newsletter: https://lnkd.in/enH99b34 #ai #artificialintelligence #ainews #aifunding