News

From Open-Source AI to Desktop Robots: Hugging Face Enters a New Market Hugging Face, best known for powering much of the open-source AI ecosystem, has entered the consumer robotics space and it’s off to a fast start. Just five days …

Anthropic, the artificial intelligence company backed by Amazon, has unveiled a new financial services offering built on its popular Claude AI platform. The launch, announced Tuesday at an event in New York City, marks the company’s latest push to expand …

U.K.-based fintech powerhouse Revolut is in advanced discussions to raise $1 billion in a new funding round that would value the company at a staggering $65 billion, according to a report by the Financial Times. The round, still under negotiation, …

Figma, the collaborative design platform known for transforming how digital products are built, has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). According to the company’s press release, the registration statement on …

Swedish Fintech Expands Banking Capabilities, Partnerships, and Profit Focus Ahead of IPO Klarna’s Shift to a Full Neobank Model Klarna, once Europe’s highest-valued fintech, is making an aggressive push into digital banking. Best known for its buy now, pay later …

Gemini Models Now Natively Available on Databricks Databricks has expanded its strategic partnership with Google Cloud to integrate Gemini 2.5 models directly into the Databricks Data Intelligence Platform. This native integration enables enterprises to build and deploy AI agents on …

Mistral, a European frontier AI company, has unveiled Mistral Compute, a new AI infrastructure platform developed in collaboration with Nvidia (NASDAQ: NVDA). This offering provides enterprises, governments, and research institutions with access to a private, fully integrated AI stack that …

Landmark Investment from Founders Fund  Anduril Industries, the defense technology firm co-founded by Oculus creator Palmer Luckey, has raised $2.5 billion in its latest Series G funding round in June 2025. This raise brings its valuation to $30.5 billion, more …

A Transformative Funding Milestone San Francisco-based Grammarly has secured $1 billion in non-dilutive growth financing from General Catalyst to accelerate its expansion into artificial intelligence and enterprise productivity tools. The investment, announced Thursday, is among the largest ever made from …

U.S.-based AI chip startup Groq has secured a $1.5 billion capital commitment from Saudi Arabia to support the expansion of its high-speed inference chip technology across global markets. The agreement, reported in February, positions Groq as a key player in …

After a prolonged slowdown in public listings, the IPO market is beginning to reopen. For investors in late-stage growth companies, this momentum shift could not come at a better time. Venture capital firms are returning capital at the lowest rate …

Perplexity AI is in advanced talks to raise $500 million in fresh capital at a $14 billion valuation, according to The Wall Street Journal. The funding round, led by Accel, marks a significant milestone for the fast-growing AI company that’s …