News Dated and sourcedFunding news
63 funding stories, newest first. Each piece is dated and links to its sources.
FundingCohere in advanced talks to raise $2-3B at a $20B valuation2026-09-11 · The Canadian sovereign-AI lab is reportedly courting the Canadian and German governments alongside existing backers, positioning itself as a non-U.S., non-Chinese alternative for enterprise and government buyers.FundingMecka AI nears $500M valuation in Sequoia-led round for robot training data2026-09-11 · The startup pays people to record themselves doing everyday tasks like making coffee or fixing a car, three months after a $60M round put it at a fraction of that value.FundingAdobe's AI-first revenue grew 150%+ this quarter, and its CEO is stepping down as AI reshapes the business2026-09-10 · Record Q3 revenue of $6.76B came with a leadership transition tied explicitly to AI strategy: Anil Chakravarthy becomes CEO in December, and Shantanu Narayen moves to Executive Chair.FundingAlibaba leads a $300M round in a Chinese AI-benchmarking startup founded by its own former intern2026-09-10 · UniPat AI, valued at $2.5B, hosts benchmarks evaluating coding agents, browser agents and multimodal models, a live data point on how China's hyperscalers are pricing AI evaluation infrastructure.FundingAyar Labs adds $150M more, bringing 2026 funding to $650M for optical AI links2026-09-10 · The co-packaged optics startup is racing to move from prototype to high-volume manufacturing as copper interconnects become the limiting factor for scaling GPU clusters.FundingFluidstack breaks ground on a $4 billion Texas data-center campus, no tax breaks attached2026-09-10 · The AI cloud startup started site work on 1,100+ acres near Rio Hondo under a closed-loop cooling mandate the county imposed after local pushback on water use -- and is paying full property taxes to get it.FundingSenior-living AI company Inspiren raises $70M, crossing a $500M valuation2026-09-10 · A vertical AI product, sensor and AI monitoring across roughly 500 facilities and 40,000 residents, growing on deployment scale.FundingMicrosoft plans to more than triple data-center capacity to 38GW by 2032, after turning away customers2026-09-10 · A capacity crunch reportedly forced Microsoft to decline cloud and AI clients and contributed to an 8-hour GitHub outage tied to server constraints. Meanwhile Microsoft is shifting lease terms to manage how the buildout hits its own books.FundingNEXTDC taps capital markets for the third time in four months to fund AI data centers2026-09-10 · The Australian operator priced A$1.1 billion in convertible notes due 2031, its third raise since early 2026. The pace says as much about the capital intensity of AI-ready data centers as any single deal size.FundingNvidia backs a 2-gigawatt AI infrastructure buildout across Australia with eight local partners2026-09-10 · Sharon AI alone plans to deploy up to 68,000 Nvidia GPUs, and IREN is building an 800MW campus in South Australia. Hyperscale AI capacity is expanding into a region with its own energy and grid constraints.FundingOracle's cloud backlog hits $664B -- and nearly half of it is tied to one OpenAI contract2026-09-10 · Q1 FY2027 revenue beat estimates and OCI revenue rose 121%, but the concentration behind the headline backlog number is the detail worth reading past the stock pop.FundingPentagon in talks to lend AI cloud startup Fluidstack $5 billion2026-09-10 · The Office of Strategic Capital's proposed loan targets manufacturing and supply-chain capacity for data-center components, not a new facility -- a government bet on AI infrastructure supply directly, beyond AI models.FundingAI-inference chip startup Positron raises $875M at a $5B valuation2026-09-10 · A memory-first architecture, not more raw GPU scaling, is the bet -- Positron's Atlas inference chips are already deployed at hyperscaler scale, with next-gen custom silicon "Asimov" taping out later this year.FundingUAE pledges $46.5 billion to Germany, with a 1-gigawatt data center inside the package2026-09-10 · Announced during the UAE president's state visit to Berlin, the pledge bundles AI data-center capacity with energy and industrial deals -- a sign Gulf capital is now underwriting European AI infrastructure directly.FundingJapanese physical-AI startup Algomatic Dynamics launches with $32.5M from DMM.com2026-09-09 · The spinoff builds AI-powered multi-fingered robotic hands and motion-data infrastructure, part of a robotics funding surge Crunchbase puts past $18.8B for 2026 as capital moves from pure language models into embodied AI.FundingGoogle commits $15B to Finland and signs a 22-year deal to keep an aging nuclear plant running2026-09-09 · The power-purchase agreement takes up to half the Loviisa plant's output through 2050 -- AI data-center demand directly underwriting a nuclear plant's survival rather than buying grid power.FundingLegal-AI company Harvey raises $550M at $15.5B, up from $11B six months ago2026-09-09 · The round, co-led by Diffusion and Lightspeed, pushes Harvey's total raised past $1.55 billion as the company crosses $400 million in annual recurring revenue and counts 80% of the top 100 law firms as customers.FundingHarvey buys agent-safety startup Guardrails AI, its fourth acquisition this year2026-09-09 · The legal-AI company is absorbing a framework downloaded 250,000+ times a month and backed by Microsoft and Bloomberg Beta. The deal landed the same day as Harvey's $550M raise.FundingAI research startup Listen Labs dropped a signed $1.5B term sheet for Salesforce talks2026-09-09 · A Menlo Ventures-led Series C at a $1.5 billion valuation was signed but never closed once Salesforce acquisition talks, reportedly worth around $2 billion, opened up.FundingMeta acquires Swedish AI agent startup Stilla, eight months after launch2026-09-09 · No price was disclosed for the Stockholm-founded startup, which raised only $5 million pre-seed. Meta wants its team and technology for Business Agent.FundingA month-old Indonesian AI venture borrowed $3.1 billion to buy Nvidia GPUs2026-09-09 · Zankore, launched in August by Indosat, Ooredoo, Nokia and Nvidia, secured a senior loan from five banks to fund the first phase of a planned 1-gigawatt AI factory -- one of the largest such financings in Asia.FundingDevin-maker Cognition raises $2B, nearly doubling its valuation to $48B in four months2026-09-08 · The Series E, led by Andreessen Horowitz and Accel, values the autonomous coding-agent company at $48 billion, up from $26 billion in May, as run-rate revenue grew from $492 million to roughly $900 million over the same stretch.FundingOpenAI becomes anchor customer at Firmus, pushing the Nvidia-backed builder past 900MW2026-09-08 · A multi-year deal for dedicated capacity at two new Malaysian AI factory sites is Firmus's first named hyperscaler customer -- and a bet that Southeast Asia becomes a compute exporter, not just a consumer.FundingSamsung leads a €3B round for Mistral, the largest-ever equity raise by a European tech company2026-09-08 · Samsung will deploy customized on-prem Mistral models across its semiconductor and chip-fab operations, a "sovereign AI" bet on owning dedicated AI infrastructure.