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AI BusinessHarvey Raises $550M at $15.5B as Legal AI Buys Its Guardrails
Harvey's $550M round values the legal AI platform at $15.5B and funds an acquisition of agent-security startup Guardrails AI as ARR passes $400M.
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AI Business
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AI BusinessNvidia Buys Hugging Face for $12.93 Billion in Open-AI Bet
Nvidia confirmed a $12.93 billion acquisition of Hugging Face, its second-largest deal ever, buying the open-source AI ecosystem's distribution layer.
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AI BusinessAI Assistants and Robot Models Lead a $1.4 Billion Funding Week
Instinct's $250M Series B topped a funding week dominated by AI assistants, robotics foundation models, autonomous trucking and data centre energy software.
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AI BusinessAI Drives Venture Funding to Record $510B in H1 2026
Global venture funding hit a record $510B in H1 2026 as AI captured over 70% of Q2 capital, with OpenAI and Anthropic taking nearly half the total.
05
AI BusinessHorizon3 Raises $250M at $2B Valuation for Autonomous AI Pentesting
Horizon3.ai closed a $250M Series E at a $2B-plus valuation, tripling its worth in a year as enterprises rush to buy autonomous, always-on AI penetration testing.
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AI BusinessSafe Superintelligence Lands $5 Billion and a Long-Term Nvidia Pact
Ilya Sutskever's Safe Superintelligence raised $5 billion in an Nvidia-backed round and struck a long-term partnership to scale its compute.
07
AI BusinessEtched Hits $10.3B Betting Transformer-Only Chips Beat Nvidia
AI chip startup Etched raised $300M at a $10.3B valuation led by Sequoia, doubling down on a Sohu chip built to run only transformers and undercut Nvidia on inference.
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AI BusinessFireworks AI Raises $1.5B at $17.5B as Inference Money Floods In
Fireworks AI's $1.5B Series D at a $17.5B valuation headlines a summer surge of capital into the inference layer as enterprises move from AI pilots to production.
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AI BusinessDatabricks Hits $188B Valuation as AI's Favorite Second Act
Databricks signed a term sheet for a Coatue-led round at a $188B valuation — a 40% jump in months — doubling down on AI governance, agents and Lakebase.
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AI BusinessJoulent Raises $1.75B to Power AI — the Week's Biggest Round
Houston's Joulent raised $1.75B led by National Grid Ventures to build energy infrastructure for AI — the largest disclosed round in a $4.2B final week of July.
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AI BusinessThreatLocker Raises $190M as Investors Bet on Controlling AI Agents
Cybersecurity firm ThreatLocker raised $190M as investors bet that policy enforcement grows more valuable as AI agents gain access to internal systems.
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AI BusinessKalanick's Atoms Raises $1.7B for Physical AI in a16z-Led Round
Travis Kalanick's Atoms raised $1.7 billion led by a16z, with Uber among backers, to build industrial physical AI across food, mining and transport.
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AI BusinessFireworks AI Raises $1.5B as Capital Floods Into AI Inference
Fireworks AI closed a $1.505B Series D at a $17.5B valuation, the week's biggest US round, as venture money rotates from model training to inference.
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AI BusinessNorm AI Raises $120M as Compliance Becomes Agentic AI's Hot Market
Norm AI's $120M raise at a $1.2B valuation signals where 2026 capital is flowing — regulated, high-ROI enterprise AI that automates legal and compliance work under governance.
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AI BusinessEven Realities Hits $1B Valuation With $150M Smart-Glasses Round
Camera-free smart-glasses maker Even Realities raised $150M led by Meituan and Tencent, reaching a $1B valuation as physical-AI hardware draws heavy capital.
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AI BusinessTogether AI Raises $800M as AI Infrastructure Money Concentrates
Together AI has closed an $800M Series C amid a record H1 for venture capital, as enterprise demand pushes money into AI infrastructure and agents.
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AI BusinessChai Discovery Raises $400M as AI Drug Design Booms
Chai Discovery raises a $400M Series C at a $3.8B valuation, nearly tripling its worth in seven months as AI drug design funding surges in 2026.
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AI BusinessTogether AI Raises $800M as Energy Giants Bet on Open-Model Cloud
Together AI raised $800 million led by Aramco Ventures, doubling its valuation to $8.3 billion as investors back cheaper open-model AI infrastructure.