Odyssey raises $310M to build world model AI
Odyssey, a U.K.-based world model AI startup, raised $310 million at a $1.45 billion valuation, and will optimize its models for AWS Trainium chips.
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Startups & Funding
810 storiesPramaana Labs raises $27M to bring formal verification to AI
Pramaana Labs raised $27 million in seed funding to combine LLMs with formal verification tools, aiming to improve reliability in sensitive sectors like law and tax.
Critical Energy raises $22M to build modular geothermal turbines
Critical Energy raised $22 million to develop modular turbines, aiming to address a looming shortage of equipment for geothermal power plants.
DeepL acquires Mixhalo to expand into live event translation
DeepL is acquiring real-time audio startup Mixhalo to integrate its technology into the German company’s translation suite and establish a new U.S. office in the Bay Area.
Flutterwave hits $3.2B valuation in Series E round
Flutterwave has raised a Series E round at a $3.2B valuation, with Ripple joining as an investor to help expand financial services across Africa.
Probably secures $9M seed to build deterministic AI validator
Probably raised $9 million in seed funding from Andreessen Horowitz to develop a deterministic validator system designed to eliminate AI hallucinations and enable smaller, local models.
Foundation Alloy raises $22M to scale solid-state metal production
Foundation Alloy raised $22 million in Series A funding to scale its solid-state metal production process, which aims to reduce energy usage and create new material properties.
SpaceX to acquire AI coding startup Cursor for $60 billion
SpaceX has agreed to acquire AI coding startup Cursor in a $60 billion stock deal, a move likely to close in the third quarter of this year.
Respond.io raises $62.5M to expand messaging platform
Malaysia-based messaging platform Respond.io raised $62.5 million in Series B funding to fuel expansion and acquisitions in North America and Europe.
Salesforce to acquire AI customer service platform Fin for $3.6B
Salesforce announced it will acquire AI customer service platform Fin for $3.6 billion, a deal expected to close in the final quarter of its 2027 fiscal year.
Sarvam hits $1.5 billion valuation as India pushes for sovereign AI
Sarvam has raised $234 million at a $1.5 billion valuation, positioning the Indian startup to advance sovereign AI capabilities.
Fox to acquire Roku in $22 billion deal
Fox is acquiring streaming platform Roku in a stock and cash deal valued at around $22 billion, with the transaction expected to close in the first half of 2027.
NewCore raises $66M to secure AI agent identities
NewCore emerged from stealth with $66 million to provide identity and governance for AI agents, which the company believes could soon outnumber human employees.
Orbio raises $21 million to automate frontline worker management
Orbio raised $21 million in Series A funding to deploy AI agents that automate hiring and management processes for frontline workers in industries like retail and healthcare.
Meta begins unwinding $2B Manus acquisition
Meta has begun dismantling its $2 billion acquisition of Manus, complying with a divestiture order issued by Beijing on national security grounds roughly two months ago.
Andrew Yang bets on startups that lower the cost of living
Andrew Yang is launching startups like Noble Mobile to lower consumer costs, arguing that while AI dominates investment, there is a market for essential, affordable services.
Mistral AI reportedly in talks to raise €3 billion
Mistral AI is reportedly in early discussions to raise about €3 billion, a move that would value the French startup at around €20 billion.
Equal AI raises $30M to automate call screening
Equal AI raised $30 million in Series B funding to expand its call-screening assistant, which has more than a million monthly active users in India.
Prometheus raises $12 billion to build physical AI systems
Prometheus, a physical AI startup co-founded by Jeff Bezos, has raised $12 billion at a $41 billion valuation to develop its "artificial general engineer" software.
Endurance Energy raises $54M for ocean-based geothermal power
Endurance Energy raised $54 million to develop technology that eventually plans to harness terawatts of geothermal energy from the ocean floor.