AI cloud firm Nebius eyes Asia expansion with $20b backlog
Nebius reported 479% revenue growth in 2025 and a contract backlog exceeding US$20 billion.#cloud #f[……] Read More
South Korean AI game firm Verse8 raises $5m seed round
The company said the platform has reached over 3.5 million monthly active users across play and crea[……] Read More
Nvidia-backed UK AI firm Nscale secures $2b series C
The funding will accelerate Nscale’s global expansion of AI infrastructure, including GPU compute.#N[……] Read More
Stablecoin fintech firm Kast raises $80m series A
Co-led by Qed Investors and Left Lane Capital, Peak XV Partners HSG and Dst Global Partners also par[……] Read More
Indian defense firm Solar to invest $1.3b in AI drones
Nagpur facility will produce 10,000 drones and 1,000 robots annually, with first robot prototype exp[……] Read More
Blue Owl leads $750m debt deal for AI software firm Nexthink buyout
This deal underscores the ongoing demand for private credit in large-scale tech acquisitions.#Blue #[……] Read More
Can Anthropic’s CFO sell Wall Street on an AI firm Washington calls a ‘risk’?
Good morning. AI startup Anthropic is at odds with the U.S. Department of Defense, and the dispute c[……] Read More
Chinese self driving firm Momenta said to file for $1b HK IPO
General Motors announced a US$300 million investment in 2021, and Momenta was valued at over US$5 bi[……] Read More
Chinese AI drug firm XtalPi eyes first-ever profit in 2025
The firm has solidified its global position through high-profile partnerships with Pfizer, Johnson &[……] Read More
Vertex Ventures leads $8m series A in SG kids tech firm myFirst
MyFirst said the funding will support its plans to expand devices.#Vertex #Ventures #leads #series #[……] Read More
2 years after $3 million deal with bankrupt chatbot firm, LA’s schools superintendent is under investigation
Alberto Carvalho, the superintendent of Los Angeles public schools in the nation’s second-largest di[……] Read More