According to Bloomberg, teams from SpaceX and Tesla have approached Applied Materials, Tokyo Electron, Lam Research, and Samsung for price quotes and delivery times on chipmaking equipment. Teams working for Elon Musk…
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Cadence and Nvidia are bridging the simulation gap that’s slowing down robotics
The two companies announced an expanded partnership at a Cadence conference in Santa Clara on Wednesday. The goal: make robot training data more accurate so physical AI systems reach real-world deployment faster….
Quantum computing pioneer Chad Rigetti is back
Sygaldry Technologies has raised $105M in a Series A led by Breakthrough Energy Ventures, following a $34M seed from Initialized Capital. Its quantum-classical hybrid servers target the $5.2T in AI infrastructure investment…
Amazon-backed nuclear startup X-energy files for an IPO that could raise up to $814M
X-energy is targeting a share price of $16–$19, which at the high end values the IPO at around $814M. Amazon led a $500M round and has committed to buying up to 5GW…
The Italian deeptech making graphene-based optical chips gets €211M
CamGraPhIC, a subsidiary of Milan-based 2D Photonics, has received European Commission approval for €211M in Italian state funding to industrialise its graphene photonic interconnect technology and build a pilot manufacturing line near…
Accel raises $5 billion for AI as venture capital bets reach infrastructure scale
In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size…
Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate
In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two months ago….
Athena launches FabOrchestrator, an agentic AI platform for manufacturing execution systems
In short: Athena Technology Solutions, a Fremont-based MES integrator with roughly 120 employees, has launched FabOrchestrator, an agentic AI platform for manufacturing that automates reporting, support tickets, system modelling, and code generation…
Jane Street commits $6 billion to CoreWeave and takes a $1 billion equity stake
In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of…
Accenture bets on General Robotics to unify factory AI across robot brands
In short: Accenture Ventures has invested in General Robotics, whose GRID platform provides a unified AI intelligence layer across 40+ robots from different manufacturers including FANUC, Flexiv, and Ghost Robotics. The deal…