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ALP Bio Raises €1.9M for AI Drug Discovery Platform
Swiss biotech ALP Bio AG has raised €1.9M in pre-seed funding to predict immunogenicity risks earlier in biologics using AI and human immune organoids.
NN Desk
Planet Labs Launches 3 AI-Powered Pelican Satellites Into Orbit
Planet Labs has launched three new AI-enabled Pelican satellites via SpaceX, including one for Sweden's armed forces, advancing Earth observation capabilities in 2026.
Nebius to Acquire Eigen AI for $643M, Eyes AI Infrastructure Growth
Nebius Group agrees to buy inference startup Eigen AI for $643M, integrating MIT HAN Lab research talent into its Token Factory managed inference platform.
Avoca Raises $125M Series B, Hits Unicorn Status
Avoca, an AI platform built for home services businesses, has raised more than $125 million across its Seed, Series A and Series B rounds at a $1 billion valuation, vaulting the New York-headquartered startup into unicorn territory.
Portkey Heads to Palo Alto Networks in Latest India-to-Global AI Exit
The startup, backed by Elevation Capital and Lightspeed, will become the agentic AI gateway inside Palo Alto's Prisma AIRS platform.
JuliaHub Raises $65M to Build AI for Industrial Engineering
JuliaHub targets the AI gap in physical engineering, with Fortune 100 clients already deploying the platform across aerospace, automotive, and utilities.
Accenture-Backed Netomi Raises $110M to Redefine AI Customer Service
The round brings Netomi total funding past $160M and pairs with a global deployment alliance between Accenture and the San Francisco-based enterprise AI company.
Pentagon Signs AI Deals With Seven Companies, Keeps Anthropic Out
The U.S. Department of Defense announced on May 1 that it has reached agreements with seven technology companies to deploy their AI capabilities on classified and top-secret military networks.
Meta’s Latest AI Move Includes ARI Acquisition
The ARI acquisition comes as Meta prepares to cut ~10% of its workforce and redirect capital toward AI, with 2026 spending projected up to $135 billion. Robotics and AI research are emerging as priority bets in that shift.
Anthropic Seeks $50 Billion in Final Private Round Before IPO
Anthropic is targeting a valuation of $900 billion, a figure that would surpass rival OpenAI, as the company moves toward a public listing later this year.
