Pulse 2.0

Kalshi Raises $1 Billion Series G At $40 Billion Valuation For Prediction Market Platform

DoorDash To Acquire Instacart For $17 Billion

Binance Security Incident Has Estimated $6.3 Billion Impact As CZ Says Losses Will Be Covered

Bites Raises $40 Million Series A To Expand AI-Powered Frontline Training Platform

Broccoli Raises $52 Million Across Series A And Series B Led By Khosla Ventures

General Compute Raises $100 Million Series A To Build Inference Cloud For Alternative AI Chips

By Amit Chowdhry ● Today at 12:03 PM

General Compute has raised $100 million in Series A funding co-led by Blackbird and Abstract to build a heterogeneous AI inference cloud using specialized chips from Cerebras, SambaNova, Positron AI, and other hardware providers. Fuse Venture Partners, Village Global, Bold Capital, QED Investors, 645 Ventures, Carbide Ventures, Uncorrelated Fund, Endeavor Catalyst, Icehouse Ventures, MatterScale, Carya, Plug and Play, and other investors also participated in the round.

Fragment Raises $56 Million To Automate Complex Enterprise Procurement Work

By Amit Chowdhry ● Today at 12:02 PM

Fragment has launched with $56 million in total funding to build AI software that automates complex procurement and payment workflows for large enterprises. The financing includes a Series A led by 8VC and a seed round co-led by General Catalyst and A*. Angel investors include Roelof Botha, Nikesh Arora, Jeff Wilke, Eric Wu, and Dennis Cinelli.

&Truth Emerges From Stealth With $70 Million Seed Funding To Build Universal Verification Machine For Code

By Amit Chowdhry ● Today at 10:28 AM

&Truth has emerged from stealth with $70 million in seed funding to build what it describes as a universal verification machine capable of mathematically proving that software is safe, secure, and correct across programming languages.

Dulo Raises $130 Million Seed Funding To Build Engineering Superintelligence

By Amit Chowdhry ● Today at 10:27 AM

Dulo, an artificial intelligence startup co-founded by Sebastian Thrun and Adrian Aoun, has raised $130 million in seed funding to develop what the company describes as an Engineering Superintelligence focused on hardware design, according to The Information.

EIG And Acwa Launch Plenum Power With About $4 Billion Initial Equity Commitment

By Amit Chowdhry ● Today at 10:19 AM

EIG and Acwa have entered into definitive agreements to establish Plenum Power, a strategic partnership focused on investing in U.S. power infrastructure, with plans to launch the platform with approximately $4 billion of initial equity commitments.

DBR77: Interview With Torian Richardson About Industrial AI, Digital Twins, And Manufacturing Innovation

By Amit Chowdhry ● Today at 10:17 AM

Pulse 2.0 interviewed DBR77's Torian Richardson to learn more about industrial AI adoption, manufacturing automation, digital twin technology, robotics, and the importance of preserving human agency in increasingly automated environments.

Freshworks Acquires Robusta To Bring AI-Powered Incident Investigation And Prevention To Freshservice

By Amit Chowdhry ● Today at 9:36 AM

Freshworks has acquired Robusta Dev Ltd., an AI-powered incident intelligence company that helps technology teams investigate disruptions, identify root causes, and recommend remediation steps.

Digital Science Acquires Jenni AI To Connect 8 Million Researchers And Students With Published Research

By Amit Chowdhry ● Today at 9:29 AM

Digital Science has acquired Jenni AI, an AI-native research and writing platform used by more than 8 million students and researchers across 189 countries, expanding its portfolio of tools that support academic research, writing, citation management, and publication.

Carlyle And EBRD To Sell Black Sea Oil & Gas To Mazarine Energy

By Amit Chowdhry ● Today at 9:12 AM

Carlyle and the European Bank for Reconstruction and Development have agreed to sell Black Sea Oil & Gas and BSOG Holding Activity to Mazarine Energy, transferring ownership of Romania’s largest offshore natural gas producer to an energy company that already operates in the country.

Salesforce To Acquire Rune Technologies To Expand Missionforce Into Frontline Defense Logistics

By Amit Chowdhry ● Today at 9:11 AM

Salesforce has signed a definitive agreement to acquire Rune Technologies, an edge-native technology company that develops logistics and sustainment software for the U.S. military and allied nations.

Kirkland & Ellis Adds Leading Secondaries Lawyer Christian Vareika As Investment Funds Partner

By Amit Chowdhry ● Yesterday at 5:01 PM

Kirkland & Ellis has added Christian Vareika as a partner in its Investment Funds Group, strengthening the firm’s capabilities in secondaries, continuation vehicles, and other liquidity solutions for institutional investors.

Vinson & Elkins Adds Corporate Partner Lisa Morales In New York

By Amit Chowdhry ● Yesterday at 5:00 PM

Vinson & Elkins has added Lisa Morales as a New York-based partner in its Corporate practice, strengthening the firm’s mergers and acquisitions capabilities across public companies, financial institutions, and private capital clients.

Morrison Foerster Expands U.S. Complex Litigation Bench With Addition Of Joshua Hill And Ariane Rockoff-Kirk

By Amit Chowdhry ● Yesterday at 4:58 PM

Morrison Foerster has expanded its U.S. Complex Litigation platform with the addition of Joshua Hill as a partner and Head of Business Litigation and Disputes and Ariane Rockoff-Kirk as a partner in the firm’s Complex Litigation Group. Both lawyers will be based in New York.

Sixth Street Acquires Four Seasons Resort Scottsdale For $372 Million

By Amit Chowdhry ● Yesterday at 4:56 PM

Sixth Street has acquired the Four Seasons Resort Scottsdale at Troon North for $372 million from Braemar Hotels & Resorts, expanding its hospitality portfolio with one of the most prominent luxury resorts in the Southwest.

Intel To Acquire Classiq To Build Full-Stack Quantum Computing Platform

By Amit Chowdhry ● Yesterday at 4:54 PM

Intel has entered into a definitive agreement to acquire quantum computing software company Classiq, combining Classiq’s quantum algorithm synthesis platform with Intel’s silicon spin-qubit technology, semiconductor manufacturing capabilities, and existing quantum software.

Acuity To Acquire Parameter Technologies For $675 Million To Expand Data Center Leak Detection Portfolio

By Amit Chowdhry ● Yesterday at 4:53 PM

Acuity has entered into a definitive agreement to acquire Parameter Technologies for $675 million, expanding its presence in data center infrastructure with leak detection, environmental monitoring, and battery monitoring capabilities.

PAG To Acquire 51.02% Stake In Evergrande Property Services For $514 Million

By Amit Chowdhry ● Yesterday at 4:52 PM

Asia-focused private equity firm PAG has agreed to acquire a 51.02% controlling stake in Evergrande Property Services for HK$4.03 billion, or approximately $513.6 million, in what represents the largest asset sale to date by the liquidators of collapsed China Evergrande Group, according to The Wall Street Journal.

Setara Biosciences Raises $90 Million Series A To Advance Rare Disease Precision Medicines

By Amit Chowdhry ● Yesterday at 4:27 PM

Setara Biosciences has raised $90 million in Series A financing to advance a pipeline of precision medicines targeting rare genetic diseases and potentially broader indications.

Falcon Capital Takes Strategic Stake In Energy Investor Pont Capital

By Amit Chowdhry ● Yesterday at 4:17 PM

Falcon Capital Investments has made a strategic investment in London-based energy and natural resources investment firm Pont Capital. The investment will make Falcon Capital a strategic shareholder in Pont.

The Biological Computing Co. Launches AI Video Model Derived From Living Neuron Research

By Amit Chowdhry ● Yesterday at 4:17 PM

The Biological Computing Co. has launched TBC mischief 1, an AI video generation model built using computational efficiencies derived from experiments involving living neurons.