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GMI Cloud Raises $223M Series B and $445M Credit Facility
GMI Cloud announced $668 million in new financing, comprising $223 million of Series B equity led by ARCHIV and a $445 million credit facility led by CTBC, to expand AI infrastructure.
Basecamp Research Raises $140M Series C for AI-Designed Medicines
Basecamp Research raised a $140 million Series C led by S32 to train new EDEN models and advance AI-designed therapeutics toward clinical development.
Nuance Labs Raises $50M Series A for Human-Expression AI
Nuance Labs raised a $50 million Series A led by Lightspeed to develop a multimodal foundation model for real-time human expression.
iPronics Raises $125M Series B for Optical AI Networking
iPronics raised a $125 million Series B co-led by Maverick Silicon and Light Street Capital to scale optical networking for AI data centers.
Domino Data Lab Appoints Thomas Robinson Chief Executive Officer
Domino Data Lab appointed former COO Thomas Robinson as CEO to lead its evolution into an enterprise AI solutions platform provider; co-founder Nick Elprin moved to Chief Product Officer, President, and chairman.
River AI Raises $1.1B Series Seed and Series A for Personal AI
River AI announced $1.1 billion in Series Seed and Series A funding led by General Catalyst and AMP PBC to build personal AI across training infrastructure, products, and hardware.
Together AI Raises $800M Series C for Open-Source AI Platform
Together AI raised $800 million in Series C funding from investors including Aramco Ventures, NVIDIA and Vista Equity, plus commitments for over 500 MW of compute capacity.
Smartbird Appoints Nadia Carlsten President and CEO
Smartbird appointed Nadia Carlsten, previously CEO of DCAI, as president and chief executive officer, replacing Joe Vernachio.
MemryX Appoints Ross Jatou Chief Executive Officer
MemryX appointed semiconductor and AI executive Ross Jatou as CEO, succeeding Keith Kressin, to lead the AI inference acceleration company through its next stage of growth.
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