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Oxford-based startup Lumai, a key player in AI infrastructure, has announced securing over $10 million in funding. The round was led by deep tech investor Constructor Capital, with participation from IP Group, Ventures, Journey Ventures, LIFTT, Qubits Ventures, State Farm Ventures, and TIS.

Yuanding Intelligent recently completed a strategic financing round of nearly 1 billion RMB (approximately $100 million USD). This round was led by Fluidra, a major player in the pool industry, with participation from new investor Yunqi Capital and existing investors. This financing marks a strategic turning point for Yuanding Intelligent, enabling it to penetrate global professional pool channels and transition from online leadership to full-channel penetration. Fluidra, with over 50 years of industry experience and operations spanning 47 countries, boasts well-known brands across Europe and America. Its global distribution network and other resources will support Yuanding Intelligent's transformation. Image Note: Image generated by AI, image licensing provided by Midjourney.

Amidst growing global concerns about cybersecurity, Tampa, Florida-based security operations company ReliaQuest announced it has secured over $500 million in funding, bringing its valuation to $3.4 billion. The funding round, led by EQT, KKR, and FTV Capital, marks ReliaQuest's rapid ascendancy in the cybersecurity landscape. This significantly increases ReliaQuest's valuation from the $1 billion valuation achieved in December 2021, demonstrating substantial growth in just a few years.

Isomorphic Labs, a platform focused on AI-powered drug discovery, founded in 2021 as a spin-off from Google's DeepMind, has secured $600 million in Series A funding led by Thrive Capital, with participation from GV and existing investor Alphabet (Google's parent company). This funding will accelerate the further development of Isomorphic's AI drug design engine and support the company's R&D efforts.

In the latest development in the artificial intelligence field, OpenAI announced a remarkable $40 billion private funding round. This not only sets a new funding record but also catapults OpenAI's valuation to $300 billion, making it one of the largest private funding rounds ever. The news has garnered significant attention across the global tech industry. The funding round was led by SoftBank Group, with other investors including Microsoft, Coatue, Altimeter, and Thrive.

OpenAI has announced one of history's largest private funding rounds, securing a staggering $400 billion. This investment catapults the company's valuation to an astounding $3 trillion. Led by SoftBank Group, the round also included participation from early investors such as Microsoft, Coatue, Altimeter, and Thrive. Image Note: Image generated by AI, image licensing provider Midjourney. In OpenAI's official blog post, the company stated that this new capital will enable them to...

OpenAI is pursuing a massive $400 billion funding round, led by Japan's SoftBank, with a crucial condition: OpenAI must transition to a profitable company by the end of 2025. Success would propel the company's valuation to $300 billion, making it the reigning AI unicorn. However, securing this funding isn't guaranteed. Failure to meet the deadline would slash the funding to $200 billion.

On March 31, Qianxun Intelligence (Spirit AI), a leading company in the embodied AI field, announced the completion of a Pre-A round of funding totaling 528 million RMB. This round was led by Prosperity7 Ventures (P7), an affiliate of Aramco Ventures, with participation from several renowned investors including China Merchants Venture Capital, GF Securities, Jingya Capital, Orient Capital, and Huacontrol Investment.

Bloomberg reports that OpenAI is nearing a $400 billion funding agreement led by SoftBank, potentially valuing the company at $3 trillion. This would be the largest funding round in the AI industry, marking a significant milestone for OpenAI and highlighting the rapid growth and investor interest in the sector. Participants include SoftBank Group, Magnetar Capital, Coatue Management, and Founders Fund.

Dyna Robotics, a startup emerging from stealth mode, announced a $23.5 million seed funding round led by CRV and First Round Capital. The company aims to provide affordable embodied AI robots for businesses of all sizes. Dyna Robotics co-founders Lindon Gao and York Yang previously founded the hardware AI company Caper.AI.

According to a recent Bloomberg report, OpenAI is close to finalizing a massive $40 billion funding round led by SoftBank, marking the largest funding round in the history of the AI industry. This funding is expected to significantly boost OpenAI's valuation to approximately $300 billion, nearly double its valuation in October 2023. SoftBank will be the lead investor, initially committing $7.5 billion, with several other investment firms participating, including Magnetar Capital.

According to The Science and Technology Innovation Board Daily, Zhiyuan Robotics recently closed a new round of financing led by Tencent. This marks Tencent's first investment in the embodied AI field. The round also attracted several industry players and existing investors, including Longqi Technology, Wolong Electric, Huafa Group, and BlueRun Ventures. Image Note: Image generated by AI, with permission from Midjourney. Insiders revealed that Zhiyuan Robotics is currently seeking a new round of financing with a valuation of 150 billion yuan. Zhiyuan Robotics was founded in 2023 by...

Arcade.dev announced a $12 million seed funding round to build a secure authentication and integration platform for AI agents. The round was led by Laude Ventures with participation from Flybridge Ventures, Hanabi Capital, Neotribe, and several angel investors. Arcade.dev aims to solve the security challenges of AI interacting with the real world. Image attribution: Image provided by

Graphite, an AI-powered code review platform, has raised $52 million in funding. Learn about the technology behind its claim of 20x efficiency improvements in software development.