Google Ends $200M Deal with Scale AI After Meta's Investment
Google plans to terminate its $200 million partnership with Scale AI following Meta's acquisition of a 49% stake in the startup, according to TechCrunch.
June 15, 2025
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Nominal Secures $75 Million to Revolutionize Hardware Testing
Nominal has raised $75 million in a Series B funding round led by Sequoia Capital to modernize hardware testing processes. The funding will accelerate product development and expand Nominal's offerings.
June 13, 2025
TELUS Proposes Full Acquisition of TELUS Digital
TELUS has submitted a non-binding indication of interest to acquire full ownership of TELUS Digital, offering a premium on current share prices.
June 13, 2025
Ellipsis Health Unveils AI Care Manager Sage with $45M Funding
Ellipsis Health has introduced Sage, an AI Care Manager, backed by $45 million from Salesforce, Khosla Ventures, and CVS Ventures, to enhance patient care management.
June 13, 2025
Multiverse Computing Secures $217 Million for AI Model Compression
Multiverse Computing has raised $217 million to advance its AI model compression technology, CompactifAI, which reduces large language models by up to 95% without performance loss.
June 13, 2025
RIIICO Secures $5M to Enhance AI Solutions for Factory Efficiency
German startup RIIICO has raised $5 million in seed funding to advance its AI platform, which helps industrial companies digitally model and adapt existing factories.
June 12, 2025
OpenAI Seeks $40 Billion Funding from Global Investors
OpenAI is in discussions with Reliance Industries, Saudi Arabia's Public Investment Fund, and MGX to raise $40 billion, led by SoftBank, to support its AI infrastructure project Stargate.
June 12, 2025
Cyera Secures $540 Million to Enhance AI Data Security Platform
Cyera has raised $540 million in a Series E funding round, doubling its valuation to $6 billion, according to Reuters. The funds will be used to expand its AI-powered data security platform.
June 11, 2025
Blend360 Announces $300M M&A Strategy for AI Expansion
Blend360 has announced a $300 million investment plan for strategic acquisitions over the next five years, aiming to enhance its AI capabilities and expand its global reach.
June 11, 2025
Coco Robotics Secures $80 Million to Expand Delivery Robot Fleet
Coco Robotics, backed by OpenAI CEO Sam Altman, has raised $80 million to enhance its delivery robot technology and expand its fleet, according to Bloomberg.
June 11, 2025
DoorDash Expands Advertising Platform with AI Tools and Symbiosys Acquisition
DoorDash has launched a major update to its advertising platform, introducing AI-powered tools and acquiring Symbiosys to enhance offsite advertising capabilities.
June 11, 2025
Farsight Secures $16M to Automate Financial Workflows
Farsight has raised $16 million in a Series A funding round led by SignalFire to enhance its financial workflow automation technology.
June 11, 2025
Wandercraft Secures $75M for Humanoid Robots with Renault Partnership
Paris-based Wandercraft has raised $75 million in a Series D funding round, partnering with Renault to expand its humanoid robot deployment in industrial settings.
June 11, 2025
Lembas Unveils AI-Driven GLP-1 Solution for Weight Management
Lembas has emerged from stealth with a breakthrough in natural GLP-1 activation for weight management, announced in a press release. The company secured $3.6 million in funding to scale its AI-powered bioactive discovery platform.
June 11, 2025
FERMÀT Secures $45M Series B for AI-Powered Commerce
FERMÀT has raised $45 million in Series B funding led by VMG Partners to enhance its AI-native commerce platform, focusing on hyper-personalized shopping experiences.
June 11, 2025
Glean Reaches $7.2 Billion Valuation in Latest Funding Round
Glean, a U.S. enterprise AI search startup, has achieved a $7.2 billion valuation following a $150 million funding round led by Wellington Management, according to Reuters.
June 11, 2025
Meta Acquires 49% Stake in Scale AI for $14.8 Billion
Meta Platforms has agreed to acquire a 49% stake in Scale AI for $14.8 billion, according to The Information. This strategic move aims to enhance Meta's AI capabilities.
June 11, 2025
Vecmocon Technologies Secures $18 Million to Advance EV Systems
Vecmocon Technologies has raised $18 million in a Series A funding round to enhance its electric vehicle systems, with contributions from Ecosystem Integrity Fund and Aavishkaar Capital.
June 11, 2025
Aethero Secures $8.4M for AI-Powered Space Computing
Aethero has raised $8.4 million in seed funding to advance its AI-driven space-grade computing and autonomous satellite platforms, announced in a press release.
June 11, 2025
Fleetworthy Acquires Haul to Enhance AI-Driven Fleet Compliance
Fleetworthy has acquired Haul to expand its AI-powered compliance and safety solutions for the transportation industry, announced in a press release.
June 11, 2025
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