Corvex Plans AI Data Center Capacity Expansion
Corvex plans to raise its critical IT power capacity from about 1.5 MW to about 8 MW by the end of 2026, with a possible path to more than 20 MW in 2027.
August 31, 2026
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Andreessen Horowitz Raises $1.1 Billion for AI Infrastructure Fund
Andreessen Horowitz has raised $1.1 billion for its Machine Age Fund, which will invest in AI infrastructure such as chips, memory, networking, storage, data centers and robotics.
August 30, 2026
Bullish Provides $100M Stablecoin Facility to USD.AI for GPU Financing
Bullish has provided a $100 million stablecoin liquidity facility to USD.AI for GPU financing. The facility will support lending against high performance computing assets.
August 29, 2026
Warpify Robotics Raises Pre Series A Funding for Global Expansion
Warpify Robotics raised its first institutional funding from Zhongguancun Zhongnuo Fund. The company plans to use the pre Series A round to expand internationally and develop its software, operating tools, and delivery systems.
August 28, 2026
Owner Raises $240 Million for AI Platform for Local Businesses
Owner raised $240 million in financing led by Goldman Sachs Alternatives, bringing its valuation to $2.3 billion. The company offers AI tools for restaurant websites, ordering, apps, CRM, customer support, POS, and phone ordering.
August 28, 2026
SK Telecom to Create SK Horizon for AI Data Centers
SK Telecom plans to spin SK Horizon out of SK Broadband and receive KRW 3.08 trillion from KKR and the IMM Investment Stonebridge consortium to expand AI data center infrastructure in Korea.
August 27, 2026
ProFound Gets Gates Foundation Investment for AI Maternal Health Research
ProFound Therapeutics has received an investment commitment of up to $35 million from the Gates Foundation to support AI based research into preeclampsia and eclampsia.
August 27, 2026
Jetstream Venture Fund Invests in ImageAiD and Moonrise Medical
Jetstream Venture Fund has added ImageAiD and Moonrise Medical to its healthtech portfolio. Both companies are developing AI tools for vascular diagnostics and Peripheral Artery Disease screening.
August 27, 2026
Nasuni Acquires DryvIQ to Add Unstructured Data Governance for AI
Nasuni has acquired DryvIQ to add content intelligence, classification, sensitivity detection, and automated governance to its file data platform for enterprise unstructured data.
August 27, 2026
fileAI Gets Investment From SMBC Asia Rising Fund and Singtel Innov8
fileAI has received investment from SMBC Asia Rising Fund and Singtel Innov8 to support its Japan expansion and the launch of fileScout, its tool for mapping unstructured enterprise data.
August 27, 2026
Yardstik Raises $30 Million for Workforce Fraud Monitoring
Yardstik raised $30 million in Series B funding led by Harbert Growth Partners, bringing its total capital raised to $65 million.
August 27, 2026
Hilco Global Seeks Buyers for Canyon Navigation Patents
Hilco Global is seeking offers to acquire Canyon Navigation's patent portfolio and related assets for autonomous navigation in environments where GPS is limited or unavailable.
August 27, 2026
Descartes Systems Group Acquires Tai Software
Descartes Systems Group acquired Tai Software, an AI powered transportation management platform for freight brokers. The deal adds automation tools for quoting, carrier sourcing, load tracking, billing, and invoice audits.
August 27, 2026
Metriport Raises $26 Million for Patient Record Platform
Metriport raised $26 million to expand its healthcare data infrastructure platform, which structures fragmented patient records and supports AI medical record summarization.
August 27, 2026
Imagenet Acquires Analytica Consulting for Data Analytics and AI
Imagenet has acquired Analytica Consulting, adding data engineering, analytics, AI, visualization, and governance capabilities to its healthcare operations services. The transaction closed on August 21, 2026, and financial terms were not disclosed.
August 27, 2026
CropX Acquires SCIO for Agronomic Intelligence Platform
CropX Technologies has acquired SCIO, adding portable near infrared spectroscopy tools for crop quality analysis to its digital agronomy platform.
August 26, 2026
Arintra Raises $25 Million for Healthcare Revenue Assurance AI
Arintra raised $25 million in Series B funding led by Define Ventures, bringing its total funding to $51 million. The company plans to expand its AI platform for healthcare revenue assurance across more health systems and revenue cycle functions.
August 26, 2026
Numa Acquires SocketTime for Dealership Service Operations
Numa has acquired SocketTime, adding dealership service scheduling, dispatch, inspections, approvals, parts coordination, recon, and service management tools to its platform.
August 26, 2026
Onos Health Raises $17 Million for Behavioral Health AI Platform
Onos Health raised $17 million in Series A funding led by Costanoa Ventures, with participation from Flare Capital Partners and CVS Health Ventures. The company provides an AI platform for behavioral health clinical intelligence used by health plans.
August 26, 2026
Oliver AI Raises Early Funding for OliverDB Agentic AI Data Platform
Oliver AI has raised pre seed funding from Menlo Ventures and Unusual Ventures to scale OliverDB, an analytical data platform for agentic AI workloads.
August 26, 2026
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