💰 Money AI News
Latest AI funding news and updates from startups and companies.
- AI's energy appetite drives Nvidia and Amazon to pour billions into massive power infrastructure
The AI industry's hunger for power keeps growing. Nvidia is investing up to $3 billion in Lancium, a power infrastructure developer that already has four gigawatts under contract in Texas. Amazon, meanwhile, is building a gas-fired power plant in the state with a capacity of up to 7.65 gigawatts that could emit 33 million tons of CO₂ per year, making it the dirtiest in the country. The article AI's energy appetite drives Nvidia and Amazon to pour billions into massive power infrastructure appeared first on The Decoder .
- Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry
The AI-focused hedge fund is still making some big bets.
- China AI Chip Designer Moore Threads Plans Hong Kong Listing
Artificial intelligence chipmaker Moore Threads Technology Co. said it plans to list in Hong Kong at an “appropriate time” after its shares have surged more than 420% since their Shanghai debut last year.
- Legal AI startup Harvey reportedly raising $500M at $15.5B valuation
Harvey AI Corp., a provider of artificial intelligence software for attorneys, is reportedly seeking at least $500 million in new funding. The Information today cited sources as saying that the round could value the startup at $15.5 billion. That’s a $4.5 billion increase over what Harvey was worth in March, when it closed its previous […] The post Legal AI startup Harvey reportedly raising $500M at $15.5B valuation appeared first on SiliconANGLE .
Score: 80💰 MoneyAug 7, 2026https://siliconangle.com/2026/08/07/legal-ai-startup-harvey-reportedly-raising-500m-15-5b-valuation/ - AMD acquires Taalas, a startup that bakes AI models directly into silicon
AMD is buying Canadian startup Taalas, which hard-codes model weights directly into inference chips. That makes them extremely fast but locks each chip to a single model. A demo chip hit over 16,000 tokens per second per user running Llama 3.1-8B. Google is reportedly working on a similar approach for Gemini. The article AMD acquires Taalas, a startup that bakes AI models directly into silicon appeared first on The Decoder .
Score: 80💰 MoneyAug 7, 2026https://the-decoder.com/amd-acquires-taalas-a-startup-that-bakes-ai-models-directly-into-silicon/ - Firmus nearly doubles valuation to over $10.5 billion in Nvidia-backed fundraise
Firmus nearly doubles valuation to over $10.5 billion in Nvidia-backed fundraise Reuters
- Ooredoo invests $800m in Indonesian AI neocloud platform Zankore
Ooredoo invests $800m in Indonesian AI neocloud platform Zankore verdict.co.uk
- Peak XV, EDBI join $700m funding round of AI startup Lumilens
Peak XV, EDBI join $700m funding round of AI startup Lumilens DealStreetAsia
- Tencent, DeepSeek-backed Unitree prices IPO at $9b valuation
DeepSeek invested 141 million yuan (US$20.9 million) and is subject to a three-year lock-up period.
Score: 80💰 MoneyAug 7, 2026https://www.techinasia.com/chinese-robotics-firm-unitree-seeks-7b-ipo-valuation-sources - DeepSeek resumes fundraising at $74b valuation
DeepSeek’s target valuation would far exceed Moonshot AI’s US$4.8 billion private valuation.
Score: 80💰 MoneyAug 7, 2026https://www.techinasia.com/deepseek-to-double-workforce-ahead-of-7-35b-funding - China’s Unitree Prices IPO in Bet Investors Are Ready for Humanoid Robots
Unitree Robotics wants to raise about $900 million in an I.P.O. that tests market interest in humanoid robots, a technology that wows but has yet to prove its viability.
- D.C. startup Emerald AI scores $90M in fresh funding three months after $25M raise
The D.C. startup founded by a former Biden administration energy official is getting closer to its fundraising goal.
- Acrab’s US$130M raise signals SEA’s deeper push into AI hardware
Acrab, a Singapore-headquartered technology company building agentic AI compute infrastructure, has raised US$130 million in a Series B round, as investor interest continues to shift from AI applications to the hardware and systems needed to run them. The round was led by existing backers Vertex Ventures SEA & India and Vertex Growth, with participation from […] The post Acrab’s US$130M raise signals SEA’s deeper push into AI hardware appeared first on e27 .
Score: 76💰 MoneyAug 7, 2026https://e27.co/acrabs-us130m-raise-signals-seas-deeper-push-into-ai-hardware-20260807/ - The Week Ahead (Aug. 10-16): Unitree Opens STAR Market IPO Subscription
The Week Ahead (Aug. 10-16): Unitree Opens STAR Market IPO Subscription Caixin Global
- SoftBank’s OpenAI-Backed Loan Highlights Risks in Financing Strategy
SoftBank’s OpenAI-Backed Loan Highlights Risks in Financing Strategy The Information
- Naïve bags $28.5M in funding to automate the creation and day-to-day running of almost any business
Palo Alto-based Naïve Inc., an artificial intelligence lab that’s developing autonomous agents capable of setting up and running entire businesses, said today it has closed on a $28.5 million Series A round of funding. Nexus Venture Partners led the round, which saw participation from Y Combinator, Zetta, Liquid 2 and a host of angel investors. […] The post Naïve bags $28.5M in funding to automate the creation and day-to-day running of almost any business appeared first on SiliconANGLE .
- M2P raises Rs 100 crore debt from Alteria to fund AI expansion
The three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief executive Madhusudanan R told ET. This includes token consumption, or the expense incurred when AI models process information, he said. A small portion will be used to refinance higher-cost debt raised in 2023. Madhusudanan declined to disclose the interest rate.
- Root co-founder's new startup raises $12M as it solves an AI headache
A Columbus startup has raised a $12 million Series A led by a Chicago venture capital firm.
Score: 39💰 MoneyAug 7, 2026https://www.bizjournals.com/columbus/news/2026/08/07/dan-manges-rwx-series-a.html?ana=brss_6150 - Enrola’s pivot to AI sales-tech lands $2.1 million Seed
Enrola ditches edtech for AI sales agents, bags $2.1M Seed, and solves the B2C lead-leak crisis.
Score: 21💰 MoneyAug 7, 2026https://www.startupdaily.net/topic/funding/enrolas-pivot-to-ai-sales-tech-lands-2-1-million-seed/ - Fort Lauderdale restaurant AI startup rebrands, raises funding for expansion
A nearly three-year-old restaurant technology startup is entering its next phase with a new name, fresh funding and plans to grow its AI-powered phone platform.
- DeepSeek Takes RMB141 Million Strategic Placement in Unitree IPO
Unitree Robotics has priced its Shanghai STAR Market IPO at RMB150.80 per share, with 40.45 million shares to be issued. The final strategic-placement list allocated 933,900 shares worth about RMB141 million to Hangzhou DeepSeek AI Basic Technology Research, the developer of DeepSeek. The allocation is subject to a 36-month lockup. Unitree said strategic investors were […]
- DeepSeek Invests in Unitree to Develop AI Brain for Humanoid Bots
The investment highlights the growing interconnections between AI models and robots.
- DeepSeek, state oil giant back humanoid robot maker Unitree's $900m IPO
DeepSeek, state oil giant back humanoid robot maker Unitree's $900m IPO Nikkei Asia
- AMD to acquire Taalas for specialised AI inference silicon
Advanced Micro Devices (AMD) has agreed to acquire Taalas, a Toronto-based developer of specialised AI inference silicon.
- AMD to buy Taalas, maker of model-specific AI chips for enterprise inference
As enterprises look for ways to cut the cost of running AI models in production, AMD is betting that not every AI workload will be best served by a power-hungry general-purpose GPU. AMD has agreed to buy Taalas, the Canadian designer of chips that permanently embed a trained AI model’s weights into custom silicon, instead of repeatedly loading them from memory during inference as conventional GPUs do. Taalas says its approach reduces the time and power required to move model weights between memory and compute units, making things run faster and cheaper. The result is a highly specialized inference processor optimized for one model, trading the flexibility of programmable hardware for substantially higher throughput and energy efficiency. Operational tradeoffs While AMD is planning to integrate the chips into its Instinct GPU roadmap, targeting system-level AI inference solutions in data centers, analysts remain skeptical that enterprises will readily embrace hardware tied to a specific AI model. Enterprises would, effectively, be buying a chip and a model together because unlike GPUs, which can be repurposed to run different AI models through software updates, Taalas’ chips are tied to a specific trained model, meaning they would need different hardware to support different inference tasks, said Amit Kumar Jena , AI development manager at IT Consulting firm Kanerika. Or as Forrester Principal Analyst Charlie Dai put it, “The biggest risk is inflexibility.” The requirement to swap hardware in order to swap tasks would, Dai said, introduce new challenges with costs, governance, capacity planning, lifecycle management, and supplier dependency, especially for enterprises managing multiple AI workloads. Manoj Chandra Jha , principal analyst at Nord-IQ Research, said the risk of fusing chip and model into one component is larger than one might think, as “early model obsolescence strands both together, so this should be modeled as one shorter-lived asset rather than two independently amortized ones.” Taalas says it can update a model by modifying only two metal layers of the chip rather than redesigning it from scratch, but that will only apply to chips that haven’t yet left its factory, not those already in use. That means enterprises will still need to plan for hardware refresh cycles measured in weeks or months and retain programmable GPUs for workloads that evolve frequently, said Pareekh Jain , principal analyst at Pareekh Consulting. It also means, said Jha, that what is typically a software decision becomes one about capital expenditure for Taalas customers, as replacing or switching workloads or models could require investing in new hardware rather than simply updating software. Where model-specific silicon fits Those tradeoffs significantly narrow the range of enterprise workloads where model-specific silicon is likely to make economic sense. Dai sees the technology as best suited for mature, predictable inference workloads that run at massive scale and rely on relatively stable AI models, such as customer service automation, fraud detection, industrial computer vision, network operations, edge AI, and embedded copilots. For CIOs, that effectively limits model-specific silicon to a small subset of enterprise AI deployments, rather than a wholesale replacement for GPU infrastructure, he said. “GPUs will remain the preferred enterprise platform because most enterprises value flexibility, multi-tenancy, and rapid model evolution over maximum efficiency.”
- AI data centre startup Firmus just raised another $2.85 billion at a whopping $15B valuation
Firmus rockets to $15B as Nvidia, Blackstone and Jane Street bankroll its Australian AI data centre plan, Project Southgate.
- AMD to acquire Taalas for specialised AI inference silicon
AMD to acquire Taalas for specialised AI inference silicon verdict.co.uk
- Backed by DeepSeek, Unitree IPO tests investor appetite for China’s AI robotics boom
The long-awaited initial public offering of Unitree Robotics, which values the Hangzhou-based firm at 60.99 billion yuan (US$9 billion), is set to serve as a valuation benchmark for China’s booming embodied-AI sector, buoyed by retail investor excitement and high-profile AI backers like DeepSeek. Widely billed as “mainland China’s first humanoid stock”, Unitree has priced its IPO on Shanghai’s Star Market at 150.8 yuan per share, according to a filing released Thursday evening. The firm will...
- Exclusive: Stripe in Exclusive Talks to Buy Startup OpenRouter for Around $10 Billion
Exclusive: Stripe in Exclusive Talks to Buy Startup OpenRouter for Around $10 Billion The Information
- Google targets AI startup Mechanize’s technology and talent in proposed $1.5B deal
Google LLC is reportedly in discussions with an artificial intelligence coding startup called Mechanize Inc. over a deal that would see it license some of its technology and hire a number of its most talented employees. Business Insider was the first to report the discussions, citing information from four people familiar with the conversations. Mechanize was […] The post Google targets AI startup Mechanize’s technology and talent in proposed $1.5B deal appeared first on SiliconANGLE .
- Alphabet seeking up to $25-billion in fresh debt to finance AI build-out
Tech giants increasingly turning to bond markets to fund AI spending
Score: 84💰 MoneyAug 6, 2026https://www.theglobeandmail.com/investing/article-alphabet-25-billion-bond-sale-ai-build-out/ - AMD buys chip startup that hardwires AI models into its silicon
Taalas' current chip runs a small version of Meta's Llama 3.1, though the company is working on chips for bigger and more advanced models.
Score: 84💰 MoneyAug 6, 2026https://www.cnbc.com/2026/08/06/amd-buys-taalas-startup-that-hardwires-ai-models-into-its-silicon.html - SoftBank Uses OpenAI Stake to Borrow $10 Billion
The Japanese technology investment company has vowed to become a leading builder of AI data centers and a major investor in AI-powered robotics.
- Acrab Raises US$130 Million Series B, Advancing Agentic AI Compute Platform Commercialization
Acrab Raises US$130 Million Series B, Advancing Agentic AI Compute Platform Commercialization The Straits Times
- DeepSeek invests $20.8 million in Unitree's Shanghai IPO
DeepSeek invests $20.8 million in Unitree's Shanghai IPO Reuters
Score: 77💰 MoneyAug 6, 2026https://www.reuters.com/world/asia-pacific/deepseek-invests-208-million-unitrees-shanghai-ipo-2026-08-06/ - NVIDIA Leads USD 74 Million Investment in Sarvam AI
NVIDIA Leads USD 74 Million Investment in Sarvam AI india.entrepreneur.com
Score: 77💰 MoneyAug 6, 2026https://india.entrepreneur.com/business-news/nvidia-leads-usd-74-million-investment-in-sarvam-ai - Naïve raises $28.5M to automate the grunt work of setting up and running a company
Taking vibe-coding a step further, Naïve claims its infra can automate most of the work in setting up and running a business.
- A startup that places ads for brands like Best Buy and Target in AI platforms raised $30.5 million
A startup that places ads for brands like Best Buy and Target in AI platforms raised $30.5 million Business Insider
Score: 75💰 MoneyAug 6, 2026https://www.businessinsider.com/ai-chatbot-ad-platform-gravity-raises-series-a-2026-8 - Dronetech Startup Garuda Aerospace Gets SEBI Nod For ₹750 Cr+ IPO
Chennai-based Garuda Aerospace has received SEBI’s final observation for its proposed IPO, paving the way for the dronetech startup to…
Score: 75💰 MoneyAug 6, 2026https://inc42.com/buzz/dronetech-startup-garuda-aerospace-gets-sebi-nod-for-%e2%82%b9750-cr-ipo/ - PokeBot Raises Hundreds of Millions of Dollars in Pre-A Funding
PokeBot, a Chinese embodied-AI startup, has raised hundreds of millions of dollars in a pre-A round led by Shunwei Capital and Matrix Partners. The months-old company is developing household robots for tasks including clothes folding and cooking. A demonstration showed one of its robots autonomously cooking mapo tofu in nine minutes. [TechNode reporting]
Score: 75💰 MoneyAug 6, 2026https://technode.com/2026/08/06/pokebot-raises-hundreds-of-millions-of-dollars-in-pre-a-funding/ - Miami startup lands $25M to bring AI into remote patient monitoring for chronic disease
The company's technology is already used by major health systems.
- MiniMax Shares Surge After Joining Hong Kong Stock Connect
MiniMax Shares Surge After Joining Hong Kong Stock Connect Caixin Global
- Altus Group acquires Valos, an AI-powered platform that connects UK’s valuers and lenders in the property valuation workflow
Altus Group acquires Valos, an AI-powered platform that connects UK’s valuers and lenders in the property valuation workflow thestar.com
- Ex-Spotify engineers raise $10M to bring AI recommendations to e-commerce
Malachyte tracks shopper behavior in real time and operates without cookies, logins or preexisting customer data. The founders built the infrastructure that powers most of Spotify's recommendations.
Score: 53💰 MoneyAug 6, 2026https://www.bizjournals.com/newyork/news/2026/08/06/ex-spotify-engineers-raise-10m.html?ana=brss_6150 - Healthcare AI startup Consint.AI raises Rs 22 Cr in Series A round
Consint.AI , a deeptech company transforming healthcare and insurance risk management through artificial intelligence , has raised Rs 22 crore ($2.3 million) in a Series A funding round backed by BIG Global Investment JSC, Equanimity Ventures Trust II and Seafund Venture India Scheme I. The proceeds will be used to expand globally, strengthen its AI research and enterprise delivery capabilities, and develop a foundational model for detecting fraud, waste and abuse across healthcare, insurance, banking and financial services. Founded by Ashish Chaturvedi, Consint.AI develops AI platforms for healthcare and insurance risk management. The company has assessed more than 100 million transactions and identified over Rs 1,000 crore in fraud using more than 500 AI and machine learning models, fine-tuned LLMs and over 500 digitised clinical protocols. The startup also works across claims processing, document forensics and clinical intelligence. Its new foundational model will be designed to improve fraud detection and support insurers, healthcare providers and government health programmes. With the latest funding, Consint.AI plans to expand its operations across India, the Middle East, Africa, the United States and Southeast Asia while adding more AI-based healthcare and insurance solutions to its platform.
Score: 52💰 MoneyAug 6, 2026https://entrackr.com/snippets/healthcare-ai-startup-consintai-raises-rs-22-cr-in-series-a-round-12234521 - Vangrid raises $9M seed to build a decentralised spatial intelligence network for the Physical AI era
Vangrid, a Dutch startup developing a decentralised spatial intelligence network to be deployed on smartphones, has raised $9 million in seed funding.Vangrid's goal is to make high-fidelity spatial d...
- Framewerx acquires AD Micro Technology to widen its AI-driven managed services
Edmonton, Alberta-based information technology consulting and managed services provider Framewerx Inc. today announced that it has acquired managed IT services firm AD Micro Technology Inc. Terms were not disclosed. Founded in 1992, AD Micro operates out of Richmond, British Columbia. Its service lineup runs from IT support and networking through security, backup and cloud. The […] The post Framewerx acquires AD Micro Technology to widen its AI-driven managed services appeared first on SiliconANGLE .
Score: 52💰 MoneyAug 6, 2026https://siliconangle.com/2026/08/06/framewerx-acquires-ad-micro-technology-widen-ai-driven-managed-services/ - Inevitable AI Group raises $6M to derail SaaS incumbents with more agile, AI-native software startups
Aleph, one of Israel’s top funds, is backing a new artificial intelligence-native venture studio with $6 million in pre-seed funding so it can build and launch dozens of new software startups by the end of the year. The studio is called Inevitable AI Group, and its co-founders Nimrod Lehavi (pictured, left) and Ofer Bar-Or (right) […] The post Inevitable AI Group raises $6M to derail SaaS incumbents with more agile, AI-native software startups appeared first on SiliconANGLE .
- This startup just raised $6M for an AI tutor that helps kids figure it out themselves
Wild Zebra raised $6 million to expand an AI learning platform for math and reading that asks students questions rather than just giving them answers. The company says it now reaches tens of thousands of students in grades 2 through 9. Read More
- AI-Native Network American Growth Insurance Makes Heller-Kowitz its First Buy
An insurance brokerage network built around artificial intelligence has completed its first acquisition, adding Heller-Kowitz Insurance Advisors as its inaugural partner agency after spending the past year developing and testing its operating model and gaining private equity backing. Atlanta’s American …