SAN FRANCISCO — Artificial intelligence startup Rime has raised $24 million in new funding as it aims to transform the way people interact with voice technology by building what it describes as the next generation of AI-powered voice systems. The funding will support Rime’s mission to create highly realistic, intelligent, and customizable AI voices capable…
LONDON — Artificial intelligence startup CuspAI has reached a valuation of $2.6 billion after raising a $450 million Series B funding round, marking one of the fastest valuation increases in the emerging field of AI-powered materials discovery. The funding round was co-led by Bezos Expeditions, the investment firm founded by Amazon founder Jeff Bezos, alongside…
LONDON — One of Europe’s most successful venture capital investors is turning its attention to defence technology, launching a new $300 million fund aimed at backing startups developing the next generation of security and military innovation. The move marks a significant shift for a venture firm better known for early investments in consumer technology companies,…
NEW YORK — Henley Vazquez’s journey from a small Virginia farm to the founder of a billion-dollar travel company is a story of challenging an industry that often overlooked the people who wanted to be part of it. The travel entrepreneur has built a new kind of platform designed to make luxury travel more accessible,…
BERLIN — Germany has secured Europe’s largest private fusion investment round after Munich-based startup Proxima Fusion raised €411 million in a landmark funding deal, underscoring the country’s growing ambition to lead the global race toward commercial fusion energy. While headlines initially focused on the participation of Google, industry insiders say the real story lies elsewhere….
Europe’s artificial intelligence ecosystem has long been recognized for producing world-class research, yet many promising innovations have struggled to make the leap from academia to commercial success. While startups in the United States and China often dominate headlines with billion-dollar valuations and rapid scaling, European deeptech companies have typically followed a slower path toward growth….
LONDON — OpenPayd, the UK-based fintech infrastructure company valued at $1.1 billion, is preparing for its next major growth phase as it explores a potential Nasdaq listing while pushing for faster progress in digital finance, stablecoins, and financial sovereignty. The company’s chief executive says the future of global payments will depend on countries building stronger…
LONDON — Nvidia’s venture capital arm, NVentures, quietly invested an estimated $196 million in British fintech giant Revolut, according to newly filed documents with the UK’s Companies House. The investment had not previously been disclosed by either company. However, a confirmation statement filed with Companies House lists an entity believed to be NVentures LLC as…
MUNICH — A Munich-based deeptech startup has raised $55 million in seed funding, setting a new record for Germany’s largest-ever seed round and highlighting the country’s growing ambitions in artificial intelligence and advanced engineering. The company was founded by an unusual combination of talent: two Formula 1 engineers, a former WhatsApp entrepreneur, and a researcher…
SAN FRANCISCO — The artificial intelligence race has produced some of the world’s largest technology companies, but one of the leading figures behind modern AI development is betting that the industry’s future should not be controlled by a handful of tech giants. The woman who helped build PyTorch, one of the world’s most widely used…
