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Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring the high cost of the AI boom.
Retro, a friend-focused photo-sharing app built by former Instagram employees, has raised more than $21 million in Series A funding.
The firm, known for its focus on software, is going to start throwing more money at the hardware behind AI.
Launched by Belgian startup Any, LUV1 is a modular electric motorcycle with 120 liters of cargo space that can be used to carry bags, work equipment, or even pets.
The startup just raised a $26 million Series A to grow its customer base and help reduce red tape for utility and construction work.
Arga has raised $10 million in a seed funding round that was led by General Catalyst, with participation from Box Group, Emergence, Gradient and SV Angel.
Ringg has raised $10 million from Peak XV as a part of its Series A extension.
The funding, Gatik's largest so far, was led by Qatar Investment Authority and Koch Disruptive Technologies.
Now exiting stealth mode with a $26 million seed round, Keenable has been building a vast web search index for AI agents.
General Intuition, the startup building a foundation model that trains generalized AI agents how to move through space and time, is in talks to raise at a $6 billion pre-money valuation from new investors including Valor Ventures, Point72 Ventures, Seven Seven Six.
Founded in 2022, Castelion set out to manufacture hypersonic weapon systems at a lower cost and at faster speeds than traditional defense primes.
Jane Street has installed Etched's first shipped AI cluster system, and was so impressed, it led another massive round, the startup says.
The company has shifted from making van-life builds to custom outfitting vehicles for small businesses, all while the EV landscape in the US changed dramatically.
Higgsfield, founded by former Snap exec Alex Mashrabov, lets users create AI images and videos.
Sonic Fire Protection raised its new funding to help get its sound-powered fire protection system into everything from commercial kitchens to apartment buildings.
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
Wispr’s total funding is now over $361 million.
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.