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The essential tech news of the moment. Technology's news site of record. Not for dummies.
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News
Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target
14+ hour, 28+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Dallas-based Perry Weather, a weather monitoring software provider, raised a $110M Series C led by Silversmith Capital Partners, taking total funding to ~$131M
1+ day, 11+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
NYC-based Luminary, which develops AI-powered workflow tools for estate planning and wealth transfer management, raised a $22M Series A led by Ten Coves Capital
2+ day, 12+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Source: AI assistant Instinct is looking to raise $1B in new funding after recently raising $250M, as it seeks more computing power amid capacity constraints
3+ day, 17+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
London-based Xapien, which uses AI for background checks and due diligence, raised a $56M Series B led by Spectrum Equity
3+ day, 18+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Mach Industries, which makes unmanned military vehicles and weapons, raised $600M in an extension to its $300M Series C, doubling its valuation to $3.7B
4+ day, 4+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Paris-based Arlequin AI, which is developing proprietary models based on topological neural networks, raised a €28M Series A co-led by redalpine and OTB
4+ day, 6+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Sources including French public officials detail how Mistral's rise over the past three years owes much to the privileged relationship it built with Macron
4+ day, 12+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
AI CRM software startup Lightfield raised a $47M Series A led by a16z; formerly Tome, it had raised $80M across earlier Series A and B rounds
5+ day, 1+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Enterprise AI security startup Cymphony emerges from stealth with $30M, including a $25M Series A co-led by Sequoia and SMBC, at a $100M+ post-money valuation
5+ day, 2+ hour ago (12+ words) Top news and commentary for technology's leaders, from all around the web....