Cloud security startup Upwind raises $400M at $3.8B valuation after rejecting Datadog buyout offer
The cybersecurity funding wave continues as Upwind opts for private capital over an acquisition, signaling investors' appetite for AI-era security vendors.
Dealroom · +12 outlets
Kalshi raises $1B at $40B valuation as it expands beyond prediction markets
The round makes Kalshi one of the most highly valued private fintechs as it pushes into new products beyond event contracts.
Reuters · +8 outlets
Canada and Nvidia back Cohere in funding round valuing the AI lab at over $20B
The sovereign and chipmaker backing underscores efforts to build non-US-centric AI champions at scale.
Bloomberg.com · +5 outlets
Kalshi rival: crypto exchange Binance pauses withdrawals after suspected multi-billion hack
The world's largest crypto exchange halted withdrawals during a cyberattack some estimates say stole billions.
TechCrunch
Physical Intelligence nears $20B valuation without generating revenue
The robotics foundation-model developer is raising at a mega-valuation despite having no commercial revenue yet.
Hoodline · +1 outlets
AI coding startup Cognition weighs new round at $70B to $80B valuation
The reported valuation would mark one of the steepest jumps for an AI coding tools company building on Devin.
Business Insider · +5 outlets
Korean AI chip startup FuriosaAI quadruples valuation to $2.9B with $620M raise
The Series D positions FuriosaAI as a well-funded challenger to Nvidia in AI accelerators.
Tech in Asia · +6 outlets
Cyera's valuation could reach $20B as cybersecurity funding mania continues
Investor enthusiasm for data security startups is pushing late-stage valuations to record levels.
The Information · +1 outlets
Serval raises $150M Series C at $3B valuation to challenge ServiceNow
Sequoia led the round for the enterprise service management challenger, which plans to hire over 500 people.
Business Wire · +4 outlets
Mistral releases weights for trillion-parameter AI model targeting cybersecurity
Mistral says open weights give organizations control over cyber defenses that closed models cannot.
TechCrunch · +3 outlets
Waymo taps Toyota to supply robotaxis for Japan and the UK
Waymo will test self-driving Toyota bZ4X vehicles in Japan next year under a broader automaker partnership.
TechCrunch · +1 outlets
Wabi raises $55M at $1.25B valuation for its AI mini-app agent builder
The round vaults the AI agent startup into unicorn territory as consumer and enterprise agent tooling heats up.
TechCrunch · +5 outlets
UK deeptech startup Fractile raises £540M in Series C, filings show
The large round for the chip startup is among Europe's biggest deeptech financings this year.
Sifted
OpenAI-backed Thrive Holdings acquires ADT in $15.3B deal
The deal aims to bring AI to the home security business.
TechCrunch · +4 outlets
Ex-Palantir execs launch Dream with $17M from a16z for construction world models
Dream trains AI world models on over 100 million square feet of building data from US permit archives.
TechCrunch · +1 outlets
US investigated alleged Chinese spy plot aimed at Nvidia CEO
Sources told the New York Times a Singapore AI cloud executive accused of illegal chip sales may also have been a Chinese spy.
TechCrunch · +14 outlets
GM reaches $220M settlement over selling drivers' private data
Under the settlement GM must obtain express consent before collecting or sharing driving and location data.
TechCrunch
Myanmar Chun taps: AWS will be a $1T business, Jassy says, but first it will spend big
Amazon wants the first $1 trillion revenue business, requiring continued heavy capex spending.
TechCrunch