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Groq Raises $350 Million as AI Chipmaker Pivots Toward Neocloud

AI chipmaker Groq has raised $350 million as it accelerates its transformation into a neocloud provider. The funding reflects the growing demand for specialized AI infrastructure as companies race to dep

Wispr Raises $280 Million at $2 Billion Valuation as AI Voice Technology Expands

AI voice startup Wispr has raised $280 million at a $2 billion valuation as it expands beyond AI dictation into meetings and productivity tools, highlighting growing investor confidence in voice-driven A

Trump-Linked Crypto Firm Is Backing AI Access To Restricted Chinese Models

A crypto venture connected to Donald Trump's business interests is backing a company offering access to AI models from Chinese companies facing U.S. restrictions. The move raises fresh questions about th

How Higgsfield Raised $400 Million And Reached A $5.4 Billion AI Valuation

AI video startup Higgsfield has quadrupled its valuation to $5.4 billion in roughly six months after raising $400 million in a new funding round, highlighting explosive investor demand for AI-generated v

US Lawmakers Are Pushing Trump to Back Open-Weight AI Models

Republican Senator Jim Banks is urging the Trump administration to develop incentives encouraging American AI companies to build open-weight AI models. The proposal is part of a wider debate over whether

Meta’s Open AI Strategy Is Facing New Questions Over Its $250 Million Deal

Meta's push to make AI more open is facing scrutiny as questions emerge over whether its open-weight strategy can translate into a sustainable commercial advantage. The release of Glimmer contrasts with

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