Fundamental raises $255M for Nexus, a Large Tabular Model that brings AI foundation model capabilities to enterprise structured data.

Seattle-based Overland AI secured $100 million in Series B funding led by 8VC to meet surging demand for its ULTRA autonomous tactical vehicles used by the US military. The company's technology enables off-road autonomous navigation in GPS-denied environments for dangerous combat engineering missions.

Major AI funding wave sees Waabi secure $1B for autonomous trucking, Decagon triple to $4.5B valuation, and PaleBlueDot AI reach unicorn status at $1B+.

Anthropic completes its latest funding round above $10 billion target at $350 billion valuation, with potential to reach $10-15 billion if Microsoft and Nvidia contribute.

SoftBank Group is in discussions to invest $30 billion in OpenAI as part of a funding round that could raise up to $100 billion and value the company at $830 billion.

Silicon Valley is pouring money into the dream of recursive self-improvement, with startup Ricursive Intelligence, founded by ex-Google researchers, reaching a $4 billion valuation to build AI that can improve itself.

UK-based AI video generation platform Synthesia has raised $200 million in a Series E round, doubling its valuation to $4 billion. The funding will be used to scale its AI-powered corporate training and communication tools.

Recursive AI, a new startup from famed researcher Richard Socher, is in discussions for a funding round that would value the company at $4 billion. The lab aims to build superintelligent AI that can improve itself autonomously.

OpenAI CEO Sam Altman is reportedly in talks with sovereign wealth funds in Abu Dhabi to raise over $50 billion in a new funding round, which could value the company at approximately $750-$830 billion.

DeepMind CEO Demis Hassabis says AI industry not in bubble but warns of excess funding in startups with no products, citing unsustainable multi-billion seed rounds.

A new analysis from TechCrunch examines the business models and monetization strategies of leading AI labs, including Humans&, Thinking Machines Lab, World Labs, and Safe Superintelligence. The report introduces a five-level scale to measure commercial ambition.

Harvey, a leading legal AI startup, has acquired Hexus to accelerate its enterprise AI offerings. With a staggering $8 billion valuation and over 1,000 clients, Harvey is solidifying its position as a dominant force in the rapidly evolving legal technology market.

Humans&, a new AI startup founded by former researchers from Anthropic, xAI, and Google, has raised $480 million in a seed round, achieving a $4.8 billion valuation with backing from Nvidia and Jeff Bezos.

Medical AI startup OpenEvidence, known as the 'ChatGPT for doctors,' has doubled its valuation to $12 billion after a new $250 million funding round. The platform is now used by over 40% of US physicians.

A joint report by Mila and Bain & Company calls for Canada to increase its annual AI venture capital investment from $2B to $10B to capitalize on its research leadership and prevent top talent from leaving the country.

Sequoia Capital is set to join a $25 billion+ funding round for AI startup Anthropic, a move that defies the traditional venture capital practice of not backing competing companies.

Bootstrapped AI cloud startup Runpod has achieved a $120 million annual revenue run rate, attracting 500,000 developers after gaining initial traction from a post on Reddit. The company recently secured a $20 million seed round.