thenextweb
PhysicsX hits $2.4bn valuation as Temasek leads $300m round for the AI startup that cuts simulation times from days to seconds

London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion. The round was oversubscribed. Alongside Temasek, which first invested in PhysicsX during its […]<br /> This story continues at The Next Web [...]

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venturebeat
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 [...]

Match Score: 62.94

thenextweb
Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation

The Huntington Beach defence-tech startup, run by a 22-year-old MIT dropout, has raised a $300M Series C at a $1.8bn valuation, nearly 4x its mark from June 2025. Mach Industries, the three-year-old d [...]

Match Score: 55.31

thenextweb
Temasek-backed motif launches Clarity, an AI system that wants to give wealth platforms a brain

Most AI products in financial services are, if you strip away the marketing, large language models bolted onto data feeds. They retrieve information. They do not understand it. And when the stakes inv [...]

Match Score: 54.71

thenextweb
ServiceNow lines up $4bn bond sale to refinance Armis acquisition debt

ServiceNow is looking to raise approximately $4bn in a US high-grade bond sale to refinance debt taken on to fund its acquisition of cybersecurity firm Armis Security, Bloomberg reported on Monday. JP [...]

Match Score: 53.29

Destination
Fujifilm's X-T30 III adds a film simulation dial and 6K video

When Fujifilm launched the X-T50 last year, no one was sure what would happen with its aging X-T30 lineup. The company just answered that question with the launch of the X-T30 III, boosting the speed [...]

Match Score: 45.28

thenextweb
OpenAI launches $4bn Deployment Company with TPG, Advent, Bain, and Brookfield

OpenAI has set up a new venture called OpenAI Deployment Company, with more than $4bn in initial funding from a syndicate of 19 firms led by TPG and including Advent International, Bain Capital and Br [...]

Match Score: 42.63

Destination
Deepseek nears $45 billion valuation as China's state chip fund leads round

Deepseek is close to a funding round that could value the Chinese AI lab at roughly $45 billion, according to the Financial Times.<br /> The article Deepseek nears $45 billion valuation as China [...]

Match Score: 41.16

thenextweb
Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago

Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bl [...]

Match Score: 40.74

venturebeat
Perplexity AI unveils hybrid local-cloud inference system at Computex 2026

Perplexity AI, the fast-growing search startup now valued at $20 billion, unveiled what it calls the first hybrid local-server inference orchestrator at Computex 2026 on Monday night, demonstrating so [...]

Match Score: 40.40