OpenAI raises $122B in new funding, lifting its valuation to $852B and cementing its position at the center of the global AI race.
Author: Aden Erickson
Valar, backed by Palmer Luckey, has secured $450M at a $2B valuation to build compact nuclear reactors designed to deliver reliable, low‑carbon power for energy‑hungry AI data centers.
CoreWeave has raised $8.5B in fresh debt financing from major Wall Street banks to rapidly expand its specialised AI cloud infrastructure and meet surging GPU demand.
Values-driven civic tech startup MOVEMENTS raises €300k pre-seed and opens an extension round after mobilising citizens through large-scale digital campaigns.
Brussels-based Nexus raises €3.7M to integrate autonomous AI agents into core business operations, aiming to automate complex workflows across large enterprises.
Tallinn startup Pickmybrain raises €1.8M pre-seed to develop AI-powered “Digital Brains” that capture and monetize the expertise of celebrities and professionals.
Starcloud raises $170M led by Benchmark and EQT Ventures, becoming a unicorn as it launches NVIDIA H100-powered data centers into orbit.
Swiss startup Metafuels secures a €1.92M Dutch grant to advance its e‑SAF project in Rotterdam, accelerating sustainable aviation fuel production and green aviation goals.
Uber teams up with Berlin-based Blacklane to scale Uber Elite and premium chauffeur-class rides, targeting high-end travelers and corporate clients worldwide.
Despite rapid SaaS growth, women hold just 1 in 5 C‑suite roles and report widespread discrimination, stalled careers and pay inequality across the sector.