Accel raises $5 billion for AI as venture capital bets reach infrastructure scale
In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 million. The raise follows standout returns from its Anthropic stake (invested at $183B, now valued near $800B) and Cursor (backed at […]<br /> This story continues at The Next Web [...]
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Nvidia-backed ThinkLabs AI raises $28 million to tackle a growing power grid crunch
ThinkLabs AI, a startup building artificial intelligence models that simulate the behavior of the electric grid, announced today that it has closed a $28 million Series A financing round led by Energy [...]
Manufact raises $6.3M as MCP becomes the ‘USB-C for AI’ powering ChatGPT and Claude apps
For decades, software companies designed their products for a single type of customer: a human being staring at a screen. Every button, menu, and dashboard existed to translate a person’s intention [...]
Baseten takes on hyperscalers with new AI training platform that lets you own your model weights
Baseten, the AI infrastructure company recently valued at $2.15 billion, is making its most significant product pivot yet: a full-scale push into model training that could reshape how enterprises wean [...]
Stop calling it 'The AI bubble': It's actually multiple bubbles, each with a different expiration date
It’s the question on everyone’s minds and lips: Are we in an AI bubble?It's the wrong question. The real question is: Which AI bubble are we in, and when will each one burst?The debate over w [...]
Google debuts AI chips with 4X performance boost, secures Anthropic megadeal worth billions
Google Cloud is introducing what it calls its most powerful artificial intelligence infrastructure to date, unveiling a seventh-generation Tensor Processing Unit and expanded Arm-based computing optio [...]
Alembic melted GPUs chasing causal A.I. — now it's running one of the fastest supercomputers in the world
Alembic Technologies has raised $145 million in Series B and growth funding at a valuation 13 times higher than its previous round, betting that the next competitive advantage in artificial intelligen [...]
TrueFoundry launches TrueFailover to automatically reroute enterprise AI traffic during model outages
When OpenAI went down in December, one of TrueFoundry’s customers faced a crisis that had nothing to do with chatbots or content generation. The company uses large language models to help refill pre [...]
Railway secures $100 million to challenge AWS with AI-native cloud infrastructure
Railway, a San Francisco-based cloud platform that has quietly amassed two million developers without spending a dollar on marketing, announced Thursday that it raised $100 million in a Series B fundi [...]