AI company news, funding rounds, mergers, acquisitions, partnerships, and market dynamics.
433 articles
Data center builder Crusoe announced a $3.9 billion Series F funding round on Thursday, raising its valuation to $30.9 billion. The capital will support construction of large-scale data centers as well as smaller modular AI-focused facilities. Source: techcrunch.com
Loora, an Israeli startup building an AI-powered language-learning app, has closed a $22 million Series B round, pushing its total funding past $43 million. The company plans to use the capital to expand its AI tutoring platform further. Source: jpost.com
Arcee AI, which develops open-weight AI models, announced it raised an undisclosed sum in a new funding round that pushes its valuation above $1 billion. The startup focuses on giving enterprises more control over how AI models are customized and run. Source: siliconangle.com
As companies and government agencies scale up their AI deployments, demand is growing for tighter control over how models are customized and operated. Arcee AI's new Series B funding reflects that trend, lifting the startup to unicorn status. Source: citybiz.co
OpenAI is reportedly considering raising fresh capital at a valuation of as much as $1.5 trillion. The news comes just days after CEO Sam Altman said the company has no plans to go public this year. Source: forbes.com
Profound, which builds software helping brands get noticed in AI-powered search results, has raised $180 million in a Series D round. The funding values the startup at $1.8 billion. Source: theaiinsider.tech
OpenAI has held early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion. The company is widely expected to pursue a public listing as soon as next year. Source: wsj.com
Bessemer Venture Partners, which first backed Wonderful with a seed check in 2025, has continued its support as the company builds an agentic operating layer for enterprises globally. The new $550M Series C round underscores investor confidence in Wonderful's approach to enterprise AI. Source: bvp.com
Cohere is reportedly in advanced discussions to raise $2-3 billion in new funding at a $20 billion valuation. The deal would mark a major jump for the AI startup as investor interest in the sector continues to surge. Source: pymnts.com
Positron AI, which builds chips for running AI models, announced it raised $875 million in its latest funding round. The company's valuation more than quadrupled compared to its previous round. Source: reuters.com
San Francisco-based legal AI startup Harvey raised $550 million, reaching a post-money valuation of $15.5 billion. The round was led by Diffusion and Lightspeed, with participation from Sequoia and other investors. Source: axios.com
Mistral has announced a €3 billion Series D funding round, pushing its post-money valuation above €21 billion. The company is positioning itself as a leading provider of open-weight AI models with a strong European identity. Source: mistral.ai
Forus secured $150 million in a Series C round to grow its AI-powered platform that helps patients access medications. The company plans to expand its network to more healthcare providers. Source: fiercehealthcare.com
AI research startup Listen Labs reportedly walked away from an already signed Series C term sheet led by Menlo Ventures. Sources say the company instead opened negotiations with Salesforce. Source: techcrunch.com
Clay Labs, which uses AI to boost productivity of B2B sales teams, has raised $115 million in new funding. The round pushes the company's valuation to $7.1 billion. Source: siliconangle.com
Cognition, the AI coding startup behind Devin, closed a Series E round exceeding $2 billion at a $48 billion valuation. The round was led by Andreessen Horowitz and Accel, positioning the company for further growth in AI-driven software engineering. Source: cognition.com
Cognition AI, developer of AI software tools, announced it raised $2 billion in a Series E round at a $48 billion valuation. The funding underscores continued investor interest in AI-powered software development platforms. Source: seekingalpha.com
French AI company Mistral AI raised €3 billion in a Series D funding round, pushing its post-money valuation above €21 billion. The law firm Orrick advised Mistral on what is described as one of the largest equity funding rounds in the sector. Source: orrick.com
Between August 31 and September 6, AI startups collectively raised $9.2 billion across 46 funding rounds. The weekly roundup highlights which sectors and lead investors dominated the flow of capital. Source: startuphub.ai
Robotics startup XDOF is said to be in late-stage talks for a Series B round valuing it at around $1.2 billion, reportedly led by 8VC. The news comes only three months after the company closed a $70 million Series A. Source: techfundingnews.com