Funding News & Updates

Anthropic is raising a $50 billion fundraise at a valuation of around $900 billion, surpassing its chief rival OpenAI's valuation. The company's annual revenue run rate has surpassed $30 billion, with some early backers skipping this round and waiting for a potential IPO.

BMW i Ventures unveiled a $300 million fund to invest in early-stage AI startups in North America and Europe, focusing on agentic AI, physical AI, and industrial software.

Ineffable Intelligence, a British AI lab founded by David Silver, has secured $1.1 billion in funding at a $5.1 billion valuation to develop a 'superlearner' AI model.

Scout AI, a startup developing autonomous military AI models, raises $100 million in Series A funding to train AI models for conflict zones and military assets.

Defense tech startup True Anomaly raised $600M, leading major funding deals in the US for aerospace and defense companies. Other startups, such as Rogo, Hightouch, and Iterative Health, also received significant investments.