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This week was brought more than only NVIDIA’s earnings report; Startups and VCS also had some reports – perhaps calm, but still noticeable, especially where AI is included.
The most interesting startup stories from the week
AI once again ran a large part of the overall startup activity including an acquisition, but this week also brought us a reminder that it takes time to execute full M&A – and that VC funding is not the only route.
Good optics: AMD acquired Enosemi, a startup designing custom content, which is under undisclosed conditions to support silicone photonics product development. The goal of the acquisition “AMD) is to make co-packed optics innovation for the AI system”.
Onboard: AI Startup Anthropic added Netflix co-founder Reid Hastings to its board of directors. Hastings was appointed by anthropic’s independent long -term benefits Trust and already has an experience sitting on boards of Netflix, Bloomberg, Meta and Microsoft.
Time takes: Family Safety App Life360 Finally, three and a half years after Life 360 acquired tiles for $ 205 million, the kissed objects such as tile Airtags include tracking functions.
One month and 25 days: High-profile Entrepreneur and Angel Investor Sahil Lavingia gave details of their tenure on Elon Musk’s Dogi Workforce, saying that he was booted only after 55 days. But this is not just to him: Musk’s term is also ending.
Bootstraped: The ten-year cyber security company Think Canary VC reached $ 20 million in annual recurring revenue without investment-an interesting story that was worth noting before the funding news dives into the news.
The most interesting VC and funding news this week
Funding comes from a mixture of news announcements and rumors this week-well-known but well sour. Start with these before going to more solid updates.
Again musk: Neurlink, Alone Musk’s brain implant startup allegedly raised $ 600 million in $ 9 billion pre-money valuation.
Long arm: Samsung is asked to invest in a round of $ 100 million for a medical device startup EXO through its enterprise investment branch.
New horizon: Filing has shown that cyber security startup horizon.
New bricks: To improve construction progress trekking, a Chicago -based startup AI and a computer vision increased to an $ 45 million series D, increasing its total to $ 166 million.
Are adding: A startup to automatic to automatically use Rillet, machine learning and generative AI, raised a series of $ 25 million under the leadership of Sequoia Capital, only 10 months later, $ 13.5 million seeds and just 10 months after the east-seed round.
Facility: Snabbit, a 15 -month -old Indian startup, who was working in place of rapidly hot home services, won a series B round in a series B round led by LightSide in a money valuation of $ 80 million.
World Model: The new company Spatial of Synthesia co-founder Mathius Neesnar raised a $ 13 million seed round led by the Earbird to develop an foundation model capable of creating an interactive 3D online environment. This week will share similarities with the AI model released by competitive Odyssey.
Advanced grid: Gridcare, an AI-powered energy optimization startup, secretly came out with a seed round of $ 13.5 million and said it is ready to play a matchmaker between data centers and utilities.
Diversification: The state -owned Saudi AI company is progressing to launch Human Human Ventures, a $ 10 billion venture fund that will invest in startups in America, Europe and Asia.
Kiwi startups,
last but not least
Nuclear fusion startups are attracting investors, but their efforts are still experimental. On the other hand, in fragmentation, already has the capacity of power data centers, which explains why large tech companies are investing in nuclear fission startups.
