Thinking Machines Lab Releases Inkling, an Open-Weight AI Model
Mira Murati's startup released Inkling, a 975-billion-parameter open-weight model built for developers to fine-tune and adapt, rather than to top leaderboards.
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AI Drug-Design Startup Chai Discovery Raises $400M Series C
Chai Discovery, an AI startup that designs antibodies and other molecules from scratch, raised a $400 million Series C led by Index Ventures at a $3.8 billion valuation.
Read more →Supply Chain AI Startup Auger Raises $50M Series B
Auger, the AI-driven supply chain startup led by former Amazon executive Dave Clark, has raised a $50 million Series B, bringing its total funding to $150 million.
Read more →DeepSeek in Talks for New Funding at $71 Billion Valuation
DeepSeek has opened talks for a new funding round valuing the Chinese AI lab at $71 billion, just weeks after its first outside round closed near $50 billion, the Financial Times reports.
Read more →European Defense AI Startup Helsing Raises $1.8B at $18B Valuation
German defense-AI company Helsing raised $1.8 billion in a Series E round, valuing it at $18 billion — Europe's largest-ever defense-startup funding round.
Read more →Ollama Raises $65M Series B, Reaches 8.9 Million Developers
Ollama, the open-source tool for running AI models locally, has raised $65 million in Series B funding, bringing total funding to $88 million as its developer base nears 9 million.
Read more →MiniMax Raises $2B, CEO Forgoes Salary Until AGI Is Achieved
Chinese AI startup MiniMax closed a $2 billion share-and-bond sale after its stock plunged on an IPO lockup expiry, with founder Yan Junjie vowing to forgo salary until AGI is achieved.
Read more →AI Training Startup Prime Intellect Raises $130M, Hits $1B Valuation
Prime Intellect raised a $130 million Series A led by Radical Ventures, valuing the AI infrastructure startup at $1 billion as it helps businesses train and run their own AI agents.
Read more →Camera-Free Smart Glasses Maker Even Realities Hits $1B Valuation
Shenzhen startup Even Realities raised $150 million led by Tencent and Meituan, valuing the camera-free smart glasses maker at $1 billion.
Read more →AI Legal Startup Norm Raises $120M, Hits $1.2B Valuation
Norm Ai raised $120 million in a Series C round led by Khosla Ventures, valuing the AI-native law firm at $1.2 billion.
Read more →Syntiant Files for Nasdaq IPO to Scale 'Physical AI' Chips
Intel- and Microsoft-backed chipmaker Syntiant filed to list on Nasdaq under ticker SYTN, betting on demand for its low-power, on-device 'Physical AI' processors.
Read more →Global Startup Funding Hits $510B Record as AI Takes 70% of VC
Global startup investment reached a record $510 billion in H1 2026 — already past all of 2025 — with AI companies capturing over 70% of venture capital in Q2, Crunchbase data shows.
Read more →Together AI Raises $800M to Scale Open-Source AI Infrastructure
Together AI closed an $800 million Series C led by Aramco Ventures, more than doubling its valuation to $8.3 billion as industry-wide use of open AI models has tripled over the past year.
Read more →Unitree Robotics Wins Final Approval for $620M Shanghai IPO
China's top humanoid robot maker received China Securities Regulatory Commission clearance on July 2 to list on Shanghai's STAR Market, aiming to raise 4.2 billion yuan to fund AI model development and new products.
Read more →8090 Labs Raises $135M as Chamath Palihapitiya Takes CEO Role
Enterprise AI coding startup 8090 Labs closed a $135M Series A led by Salesforce Ventures, with founder Chamath Palihapitiya stepping in as full-time CEO — his first operating role since leaving Facebook.
Read more →OpenAI May Delay IPO to 2027 as Altman Holds Firm on $1 Trillion Valuation
OpenAI is leaning toward pushing its stock market debut to 2027, with CEO Sam Altman rejecting any listing price below $1 trillion even as advisers flag tech market volatility.
Read more →Qualcomm Agrees to Acquire AI Software Startup Modular
Qualcomm has agreed to buy Modular, the AI infrastructure startup behind the Mojo programming language and MAX platform, for a reported ~$4 billion, aiming to build a cross-hardware AI deployment stack.
Read more →Agility Robotics Plans $2.5 Billion Public Listing Via SPAC
Agility Robotics, maker of the Digit humanoid robot, has entered a SPAC merger valuing the company at $2.5 billion — one of the first major public listings for a commercial humanoid robotics firm.
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