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Modal Labs Valued at $4.65B After Fresh $355M Raise
Modal Labs has closed a $355 million Series C round, pushing its valuation to $4.65 billion as demand for AI infrastructure surges in 2026.
ByNN Desk
AI Startup Hark Valued at $6B After New $700M Funding
Brett Adcock's AI hardware company Hark has closed a $700 million Series A round, reaching a $6 billion valuation before shipping a single product.
- ByNN Desk
Musk Opens SpaceXAI Hiring to Engineers, Physicists With No AI Background
Elon Musk said SpaceX is actively recruiting engineers and physicists for SpaceXAI, telling applicants they do not need any prior experience in artificial intelligence to be considered.
- ByNN Desk
AMD to Bet $10 Billion on Taiwan to Win the AI Packaging Race Against Nvidia
AMD will invest more than $10 billion in Taiwan's chip ecosystem. The money will widen partnerships. It will also scale advanced packaging for AI hardware.
- ByNN Desk
New Arcesium AI Platform Aims to Simplify Investment Operations
Arcesium has launched Arcesium Intelligence, an agentic AI platform embedded in its Opterra and Aquata systems, giving investment firms over 100 pre-built AI agents with full governance controls.
- ByNN Desk
Status AI Bags $17M to Reinvent Social Media With Entertainment
Status AI raises $17M from General Catalyst, Y Combinator, and others to build immersive, AI-powered social worlds where users play characters not just scroll.
- ByNN Desk
Tomorrow.io Gets $35M More in Funding, Bringing Total to $210M
Boston-based Tomorrow.io has expanded its Series F to $210 million, securing $35M more to scale its AI-native DeepSky satellite constellation and weather intelligence platform.
- ByNN Desk
Nof1 Bags $15M to Make Trading Models Smarter
AI research lab Nof1 has secured $15 million in funding, co-led by SUI Group and Karatage, to build frontier AI models for live financial markets.
- ByNN Desk
NextEra to Acquire Dominion in $66.8 Billion AI Energy Deal
NextEra Energy will acquire Dominion Energy in a $66.8 billion all-stock deal, creating the world's largest regulated electric utility amid surging AI demand.
- ByNN Desk
Harbour BioMed’s AI Drug LET003 Shows Strong Obesity Preclinical Results
Harbour BioMed's AI-designed antibody LET003 outperforms rival molecules in preclinical tests, boosting fat loss while protecting muscle when paired with semaglutide.
- ByNN Desk
