Stripe has agreed to acquire OpenRouter, a three-year-old AI routing platform, for more than $7 billion, Bloomberg reported on August 16, citing people familiar with the matter. The deal, which is yet…
AI legal tech firm Legora is in early talks to raise new funding at a $10bn valuation, nearly double the $5.6bn it raised in April, according to the Financial Times. The Stockholm-based startup, which…
Emerald AI, a startup founded in 2024 by Varun Sivaram, is seeking approximately $100 million in new funding to challenge Nvidia's dominance in AI infrastructure, with a valuation potentially exceedin…
Simular CEO Ang Li said Korea's hardware manufacturing strength could give it an edge in the AI agent era, where autonomous computers that act on behalf of users are replacing chatbots. The startup, b…
Nvidia's venture arm NVentures disclosed a $10.4 million stake in Generate:Biomedicines, an AI-driven drug discovery company with a Phase 3 asthma trial and FDA Fast Track oncology candidates. The inv…
Uber exhausted its 2026 AI coding budget by April, prompting a $1,500 monthly cap per engineer on tools like Claude Code and Cursor, as token consumption from agentic workflows surged. The FinOps Foun…
Legora, a three-year-old AI startup focused on the legal sector, raised $550 million in Series D funding at a $5.6 billion valuation, backed by Nvidia's NVentures and law firm Bird & Bird. The company…
Emerald AI, a Virginia-based startup backed by NVIDIA, tested its Conductor software in Phoenix and the UK, claiming it can reduce data center power consumption by up to 40% during peak grid stress wi…
Tensormesh announced $20 million in seed extension funding led by AMD Ventures, with participation from CoreWeave, NVentures, Valley Capital Partners, and Laude Ventures, bringing total capital raised…
OpenRouter raised $113 million in Series B funding led by Alphabet's CapitalG, with participation from NVIDIA, ServiceNow, MongoDB, Snowflake, Databricks, Andreessen Horowitz and Menlo Ventures, valui…