Key Takeaways: Thrive Holdings has raised $2 billion at a $12 billion valuation, giving the group substantial capital to expand a business model that combines acquisitions of traditional service providers with large-scale artificial intelligence deployment. SoftBank, D1 Capital Partners, and Altimeter Capital part
Key Takeaways: Bank of America has launched a $250 billion initiative to finance the physical infrastructure supporting artificial intelligence in the United States, widening Wall Street’s role in a buildout that increasingly depends on electricity, metals, and industrial capacity as much as computing hardware. Th
Key Takeaways: Kevin Weil, the former chief product officer of OpenAI, is pursuing one of the more ambitious early-stage financing rounds in the emerging AI-for-science market. Weil has sought a valuation of at least $750 million and aims to raise $150 million, according to three people with knowledge of the discu
Key Takeaways: NVIDIA is moving beyond selling chips and deeper into the machinery that finances the data centers using them. The company is working with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR on an effort targeting more than $500 billion in AI infrastructure financing. The plan is desig
Key Takeaways: Healthcare technology decisions previously revolved primarily around the EHR. While the EHR remains central, providers now need to connect clinical records with imaging, claims, contact centers, remot...
Key Takeaways: River AI has raised $1.1 billion around a clear bet: enterprises will increasingly favor privately owned, open-weight models tailored to their operations instead of relying exclusively on general-purpose APIs from major AI labs. General Catalyst and AMP PBC led the round, with participation from NVI
Key Takeaways: Reuters reported that IBM and Together AI have signed a $240 million, multi-year agreement to build a large-scale artificial intelligence inference cluster on IBM Cloud. The infrastructure will suppor...
Key Takeaways: Corma has emerged from stealth with one of the larger seed rounds in cybersecurity, securing $60 million to develop AI models designed specifically for defense. Sequoia Capital led the financing, while Khosla Ventures and Coatue also participated. Corma did not disclose its valuation. The funding re
Key Takeaways: Archer Aviation has signed definitive agreements to acquire Boeing subsidiaries Wisk Aero, SkyGrid and Insitu, a sweeping transaction that would expand Archer well beyond its air-taxi origins. Instead of concentrating primarily on electric vertical takeoff and landing aircraft, Archer is positioning
Key Takeaways: Anthropic's introduction of the Model Context Protocol in late 2024 created more than a technical specification. It gave companies a common way to connect AI assistants with applications, data sources...