Chamelio Raises $26m Series A
Chamelio, an AI-native platform for inhouse legal teams, has announced a $26 million Series A raise led by Entrée Capital, with participation from existing investors …
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Harvey Raises $550m at $15.5bn Val, Buys Guardrails AI
Harvey has announced a $550m funding round at a $15.5B valuation, co-led by Diffusion and Lightspeed Venture Partners. It has also bought San Francisco-based Guardrails …
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CloudNC aims to accelerate AI supply chain machining
CloudNC has secured $20 million in new capital to scale its AI precision machining technology across global supply chain networks. The investment round was led by US venture investor Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, the venture capital fund of Lockheed Martin. Founded in 2015, CloudNC operates from
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XPENG IRON humanoid robot draws record physical AI funding
XPENG’s physical AI unit has secured over $900 million at a $6.3 billion valuation to scale its IRON humanoid robot platform. The Chinese electric vehicle maker announced the funding round for its robotics business through a set of share purchase agreements with multiple investors. XPENG says the deal represents the largest single-round private capital raise
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Newcode Raises $13.5m, Relativity Invests
Newcode, a ‘configurable AI harness’ for law firms has raised $13.5m in its Series A, with Relativity’s investment arm Rel Labs joining the round. See …
Aloi Raises $7m For ‘Organisational Judgment’ + CEO Interview
Aloi has raised $7m in early funding to develop what it calls ‘organisational judgment’, in order to improve legal AI outcomes. (See in-depth AL interview …
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Connecting research to policy on Capitol Hill
This spring, 25 MIT students and postdocs traveled to Washington to meet with congressional staffers and advocate for sustained federal investment in scientific research. With recent cuts to National Science Foundation programs and continued uncertainty surrounding the federal research budget, these conversations were especially timely. Over the course of just two days, participants met with 62
MIT projects selected for funding under US Department of Energy’s Genesis Mission
MIT researchers are set to contribute to the U.S. Department of Energy’s (DOE) Genesis Mission, with 15 collaborative projects among those selected for funding under Genesis Phase I, DOE announced Wednesday.The Genesis Mission, a national initiative, intends to build “the world’s most powerful integrated science discovery platform” by incentivizing cross-sector collaborations that leverage AI, supercomputing, quantum systems,
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AMD to invest up to $5 billion in Anthropic under AI infrastructure deal
AMD has agreed to invest up to $5 billion in Anthropic under an infrastructure agreement covering tens of billions of dollars’ worth of AI systems. Anthropic will deploy up to two gigawatts of capacity using AMD’s Instinct MI450-series accelerators, with deployment of the first gigawatt beginning in the first half of 2027. AMD’s investment will
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Bunkerhill raises $55M to scale agentic AI across health systems
Bunkerhill Health has raised $55 million to scale its agentic AI platform, Carebricks. The closing of the company’s Series B round, announced today, folds in continued participation from Sequoia Capital, Felicis, Optum Ventures, and Y Combinator. However, a funding total doesn’t answer the key question any hospital executive wants to know about healthcare AI: does
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