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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Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Mistral AI launches Workflows, a Temporal-powered orchestration engine already running millions of daily executions
Mistral AI, the Paris-based artificial intelligence company valued at €11.7 billion ($13.8 billion), today released Workflows in public preview — a production-grade orchestration layer designed to [...]
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 [...]
Satya Nadella warns that AI could hollow out entire industries, echoing the damage done by globalization
Microsoft CEO Satya Nadella published a sweeping essay on Sunday laying out what he describes as the defining economic challenge of the AI era: the risk that a handful of frontier models will absorb t [...]
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 [...]
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 [...]
Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
5% GPU utilization: The $401 billion AI infrastructure problem enterprises can't keep ignoring
For the last 24 months, one narrative justified every over-provisioned data center and bloated IT budget: the GPU scramble. Silicon was the new oil, and H100s traded like contraband. Reserve capacity [...]