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Efficient Computer Announces $97M+ Series B for Energy-Efficient Processors
Efficient Computer said it entered into agreements for more than $97 million in Series B financing at a $650 million valuation, led by TQ Ventures, to ship its Electron E1 processor in volume to lead customers.
Nexstrom Raises $12M Seed for Wafer-Scale 2D Semiconductors
Nexstrom raised a $12 million seed round led by Xora Innovation to commercialize its wafer-scale 2D semiconductor platform for AI and high-performance computing chips.
Etched Raises $700M at a $21B Valuation
Etched raised $700M at a $21B valuation in a round led by Jane Street to accelerate production of its AI inference hardware.
Hellbender Moves Global Headquarters to Hazelwood Green in Pittsburgh
Physical AI company Hellbender moved its global headquarters to the Roundhouse at Hazelwood Green in Pittsburgh and will open expanded manufacturing operations at nearby Mill 19.
Anthropic raises $4B from Amazon in landmark AI safety deal
Amazon invests up to $4 billion in Anthropic, the AI safety startup behind Claude, marking one of the largest AI investments to date and reshaping the competitive landscape.
Naveen Rao AI Hardware Raises $400M in Series A
Naveen Rao AI Hardware, a AI/ML company based in San Francisco, CA, has raised $400M in Series A at a $5B valuation led by Andreessen Horowitz, Lightspeed.
Inflection AI raises $1.3B at $4B valuation for Pi personal AI assistant
Inflection AI secured $1.3B led by Microsoft, Reid Hoffman, and Bill Gates at $4B valuation to build Pi—a kind, empathetic personal AI assistant. Microsoft later acquires most of the team in landmark AI talent deal.
Naveen Rao AI Hardware raises $400M Series A at $5B valuation
Naveen Rao AI Hardware raises $400M in Series A at $5B valuation. AI chip development...
Harvey AI raises $100M Series C at $1.5B valuation for legal AI assistant
Harvey AI secures $100M Series C led by Kleiner Perkins at $1.5B valuation, deploying AI-powered legal research and drafting tools at Allen & Overy, PwC, and 100+ law firms globally.
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