Ai

DeepSeek • DeepSeek

DeepSeek reportedly hires CITIC Securities for Shanghai IPO: Chinese AI startup DeepSeek has reportedly hired CITIC Securities to prepare for an initial public offering on Shanghai's STAR Market. The Hangzhou-based company aims to begin the IPO process this year, according to sources familiar with the matter.

Cognition AI Inc. • Cognition AI

Cognition raises $2B at a $48B valuation as run-rate revenue nears $900M: Cognition AI Inc. has raised $2 billion in a new funding round, increasing the AI coding startup's valuation to $48 billion. The company's run-rate revenue reportedly grew to approximately $900 million, up from $492 million in May when it was valued at $26 billion.

Google • Google

Google plans €13 billion Finland data center expansion for AI: Google is planning to invest more than €13 billion in Finland over two years to build three new data centers and expand an existing facility. The project represents the company's largest investment in Europe to date and is aimed at building out artificial intelligence infrastructure.

CloudNC • CloudNC

CloudNC raises $20 million to scale precision manufacturing AI: London-based precision machining software company CloudNC has raised $20 million in a new investment round. The funding was led by Nimble Ventures, with participation from Calculus Capital and other investors. The capital will be used to expand the company's AI-assisted manufacturing software.

DeepCtrls • Series B+

DeepCtrls raises hundreds of millions of yuan from CATL and Aramco: Physics AI company DeepCtrls has completed a new Series B+ funding round worth hundreds of millions of yuan. The round saw strategic investment from major backers including CATL and Aramco.

Decart • Anthropic

Anthropic ends talks to acquire AI startup Decart for $6 billion: Anthropic has decided against acquiring the artificial intelligence startup Decart after performing due diligence. The companies had previously been in talks for a deal valued at approximately $6 billion.

Mistral • Series D

Mistral raises €3 billion in Samsung-led round at €21 billion valuation: French AI startup Mistral has raised a €3 billion Series D funding round led by Samsung. The investment values the company at €21 billion, up from €11.7 billion a year ago. Mistral plans to use the capital to expand into data centers beyond its core focus of developing AI models.

Anthropic • Anthropic

Anthropic reportedly signs $517 billion in compute contracts: Anthropic has reportedly signed compute contracts worth up to $517 billion over an eleven-month period. Despite the massive scale, the commitment still trails OpenAI's $750 billion infrastructure plan through 2030.

Jaipur Robotics • seed

Jaipur Robotics raises €4.3M for industrial waste plant AI: Swiss industrial AI company Jaipur Robotics has raised €4.3 million in seed funding. The company plans to use the capital to expand its computer vision and automation technology for waste-to-energy and other industrial plants.