General Compute's $400M Loan Bypasses Nvidia GPUs
General Compute borrowed $400 million from Upper90 against a fleet of SambaNova SN50 inference chips, the first major AI infrastructure loan not collateralized by Nvidia hardware.
Articles Tagged "Venture Capital"
Elorian's $300M Joins AI's No-Product Funding Club
Ex-Google DeepMind researcher Andrew Dai raised $55M at a $300M valuation for Elorian, a visual AI lab with no product yet, joining a growing list of frontier labs priced on pedigree alone.
Emergent's AI Coding Bet Jumps From $300M to $1.5B
Bengaluru's Emergent raised $130M at a $1.5 billion valuation, five times January's price, betting AI coding agents sell better to small businesses than to developers.
Nous Research Talks Put Open-Source Hermes at $1.5B
Nous Research is finalizing a round led by Robot Ventures and USV that would value the open-source Hermes agent maker at $1.5 billion, built on a training network that skips traditional data centers entirely.
Nvidia Backs Voice AI's Two Biggest Rivals at Once
Nvidia has joined Gradium's seed round while holding a stake in rival ElevenLabs, tying its GPUs to both leaders in the race to own voice AI.
Lyzr Raises $100M - Its Own AI Agent Did the Work
Lyzr closed a $100M Series B at a $500M valuation using its own AI agent SivaClaw to handle investor inquiries from 130+ funds - no founders needed on the road.
Ollama Banks $65M as Local AI Hits Enterprise Scale
Ollama raises $65M Series B led by Theory Ventures as 8.9 million monthly developers and 85% of Fortune 500 companies adopt local AI model deployment.
Lovable Eyes $13.2B Valuation, Up 7x in One Year
Swedish vibe-coding startup Lovable is in talks to raise $300M at a $13.2B valuation - a sevenfold jump from its $1.8B Series A just twelve months ago.
Prime Intellect Raises $130M to Break AI Vendor Lock-In
Prime Intellect closed a $130M Series A at a $1B valuation, giving enterprises compute, RL training, and evaluation tools to build their own AI agents without relying on frontier labs.
Crusoe Eyes $3B Round to Triple AI Factory Valuation
Crusoe is in talks to raise roughly $3 billion at a $30 billion valuation, tripling what investors paid eight months ago as AI compute demand outstrips available infrastructure.
AI Took 70% of Record $510B Venture Haul in H1
Crunchbase data shows global startup investment hit $510 billion in H1 2026 - more than all of 2025 combined - with AI absorbing over 70% of Q2 capital and two labs capturing 43% of the total.
Jersey Mike's Filed for $12B IPO with 22 AI Mentions
Jersey Mike's S-1 mentions AI 22 times but describes no product, tool, or strategy - a sign of where the hype cycle now stands.
