Artificial Intelligence

Starcloud Raises $250 Million At $2.3 Billion Valuation To Build 20-Gigawatt Orbital AI Data Center Network

By Amit Chowdhry ● Today at 4:56 PM

Starcloud has raised a $250 million Series A extension at a $2.3 billion post-money valuation to expand its effort to build data centers in space. Manhattan West led the financing, with participation from existing investors Benchmark, EQT, Soma, NFX and 776, along with new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital and Standard Capital, among others.

Twin1 AI Raises $20 Million Seed As Digital Twin Platform Automates 30% To 50% Of Knowledge Worker Communications

By Amit Chowdhry ● Today at 4:49 PM

Twin1 AI has emerged from stealth with a $20 million seed financing to scale an enterprise platform that creates AI-powered digital twins for professional knowledge workers. Bessemer Venture Partners, Tribeca Venture Partners and Aramco Ventures co-led the round.

IBM And Together AI Sign $240 Million Multi-Year Deal For Large-Scale NVIDIA B300 AI Inference Cluster

By Amit Chowdhry ● Today at 4:04 PM

IBM has signed a multi-year $240 million agreement with Together AI to deploy a large-scale artificial intelligence inference cluster on IBM Cloud using NVIDIA HGX B300 systems. The cluster is expected to become available in the first quarter of 2027 and will help Together AI provide open-source model inference for enterprise customers.

CtrlS Datacenters Secures $26.1 Million From Nikhil Kamath And Sreeram Reddy Vanga As Pipeline Reaches 4.4 GW

By Amit Chowdhry ● Today at 4:02 PM

CtrlS Datacenters has secured approximately $26.1 million in investment from Indian entrepreneurs Nikhil Kamath and Sreeram Reddy Vanga as the company expands its data center platform to support growing AI, cloud and digital infrastructure demand. Kamath invested approximately $20.9 million in CtrlS, while Vanga invested approximately $5.2 million.

CoreWeave And Hudson River Trading Sign Multi-Billion-Dollar AI Cloud Deal For NVIDIA Vera Rubin Research Platform

By Amit Chowdhry ● Yesterday at 8:35 AM

CoreWeave has signed a multi-year, multi-billion-dollar agreement with Hudson River Trading to provide the quantitative trading firm with large-scale AI cloud infrastructure for its next generation of research and model development.

Guideless Raises €1 Million Pre-Seed As AI Training Platform Reaches 3,000+ Users Across 15 Markets

By Amit Chowdhry ● Yesterday at 8:28 AM

Guideless has raised €1 million in pre-seed funding to expand its AI-powered software training and operational knowledge platform, which is already used by more than 3,000 users across 15 markets. The round was led by Superhero Capital, with participation from FIRSTPICK VC and angel investors Thomas Plantenga, Group CEO of Vinted; Vytautas Atkočaitis, CEO of Vinted Go; and Vinted co-founder Mantas Mikuckas.

Authsnap: Interview With CEO And Founder Gretchen Heinen About AI-Powered Insurance Denial Management

By Amit Chowdhry ● Yesterday at 8:08 AM

Authsnap is an AI-powered healthcare technology company focused on insurance denial management. The company combines AI-generated appeals with human clinical review to help healthcare organizations recover denied claims while reducing the time and clinical workload associated with the appeals process. Authsnap was co-founded by registered nurse Gretchen Heinen and Dr. Wael Khouli, MD, MBA. Pulse 2.0 interviewed Authsnap CEO and Founder Gretchen Heinen to learn more.

NewEdge Expands Anthropic Claude Across 550+ Advisors As AI Tools Move Into Client Workflows

By Amit Chowdhry ● Yesterday at 8:03 AM

NewEdge Capital Group is expanding its firmwide use of Anthropic's Claude as financial advisors across NewEdge Advisors and NewEdge Wealth build AI-powered tools for client meetings, financial planning, communications, and practice management.

Riot Platforms Signs 241MW Of AI Data Center Leases Representing Approximately $9.8 Billion Of Contracted Revenue

By Amit Chowdhry ● Yesterday at 7:44 AM

Riot Platforms has signed AI data center leases covering 241MW of critical IT capacity with two major technology customers, representing approximately $9.8 billion of long-term contracted revenue, accelerating the company's transition from a predominantly Bitcoin-mining business into a large-scale data center developer.

Quantum Computing Inc: Revenue Jumps More Than 90-Fold To $5.6 Million As Backlog Reaches $42.5 Million

By Amit Chowdhry ● Yesterday at 7:44 AM

Quantum Computing Inc. generated $5.6 million in Q2 2026 revenue compared with just $61,000 a year earlier, increasing quarterly revenue by more than 90 times as the company's photonics, semiconductor-manufacturing, and quantum-computing businesses begin producing a larger commercial contribution.

Skan AI Raises $63 Million As Platform Grows 300%+ And Processes 25 Billion Work Signals

By Amit Chowdhry ● Yesterday at 2:53 AM

Skan AI has raised $63 million as the enterprise AI company expands a platform that gives AI agents operational context based on how employees and business processes actually work.

Inturai Ventures To Acquire DomeCommand Drone Swarm AI Platform For Up To C$6.025 Million

By Amit Chowdhry ● Yesterday at 12:33 AM

Pioneer Power Builds $200 Million PRYMUS Quote Pipeline With 80% Tied To Data Centers

By Amit Chowdhry ● Aug 19, 2026

Pioneer Power Solutions has built an active PRYMUS quote pipeline of approximately $200 million, with roughly 80% tied to data-center projects, only months after introducing the distributed prime-power platform.

Etched Raises $700 Million At $21 Billion Valuation As Customer Contracts Top $1 Billion And Jane Street Deploys First Rack

By Amit Chowdhry ● Aug 19, 2026

Etched has raised $700 million in new funding at a $21 billion valuation as the AI semiconductor company moves from chip development into customer deployments, with Jane Street becoming its first customer and more than $1 billion of contracts already secured across AI companies and cloud providers. The round was led by Jane Street, with participation from Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum and Blackstone.

Sphere 3D Targets AI And HPC Conversion Of Bitcoin Mining Power Assets After Cathedra Combination

By Amit Chowdhry ● Aug 19, 2026

Sphere 3D is repositioning parts of its Bitcoin-mining infrastructure for AI and high-performance computing workloads after combining with Cathedra Bitcoin, seeking to capture more economic value from already-energized power capacity rather than using every available megawatt exclusively for cryptocurrency mining.

Flip Raises $25 Million To Bring AI To Frontline Workers Across 1,000+ Brands

By Amit Chowdhry ● Aug 19, 2026

Flip has raised $25 million in new funding to expand its AI-native employee experience platform and provide frontline workers with greater access to digital identities, enterprise applications and automated workflows. Existing investors Notion Capital and HV Capital increased their stakes in the company, while L-Bank, the development bank of Baden-Württemberg, joined as a new investor.

AMC Robotics: Recurring AI And Cloud Revenue Rises 54% As Company Moves Away From Inventory-Heavy Sales

By Amit Chowdhry ● Aug 19, 2026

AMC Robotics reported 54% year-over-year growth in recurring AI and cloud revenue-sharing revenue during Q2 2026 as the company deliberately reduced lower-margin, inventory-intensive product sales in favor of AI, cloud and service-based revenue.

Duos Announces More Than $611 Million Of AI Data Center Contracts Tied To 65 MW Of Capacity

By Amit Chowdhry ● Aug 19, 2026

Duos Technologies has announced AI and data-center agreements representing more than $611 million of contracted value tied to 65 MW of capacity, dramatically increasing the scale of the company’s commercial commitments as it completes its transformation into an AI infrastructure provider.

Uptiq Adds Gagan Kanjlia, Amit Parmar And Marc Billanti As AI Banking Platform Passes $10 Billion In Loan Balances

By Amit Chowdhry ● Aug 18, 2026

Uptiq has expanded its U.S. banking leadership team with three senior appointments as the AI platform moves to support financial institutions deploying AI agents beyond pilots and into production.

Rillet Raises $100 Million Series C At $1 Billion Valuation As AI-Native ERP Tops 600 Customers

By Amit Chowdhry ● Aug 18, 2026

Rillet has raised a $100 million Series C at a $1 billion valuation as the AI-native enterprise resource planning company accelerates development of what it calls “Accounting Superintelligence,” where AI agents perform increasingly complex finance work directly inside a real-time general ledger. The round was led by ICONIQ, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners and Creandum.

Sandisk: 10 NBM Agreements Signed With Eight Customers Represent $93.9 Billion In Minimum Expected Revenue At Floor Pricing

By Amit Chowdhry ● Aug 18, 2026

Sandisk has signed 10 New Business Model agreements across eight Datacenter and Edge customers that management says represent at least $93.9 billion of expected revenue at floor pricing, creating a multiyear base of committed demand as the flash-memory company seeks to make revenue, production and cash flow considerably more predictable.

YCharts Names Steve Bendt Chief Marketing Officer As AI-Powered Investment Platform Accelerates Growth

By Amit Chowdhry ● Aug 18, 2026

YCharts has appointed fintech marketing veteran Steve Bendt as Chief Marketing Officer, bringing in an executive with nearly three decades of experience as the investment research and client engagement platform looks to accelerate growth across advisor, enterprise and asset manager markets. Bendt will lead YCharts' global marketing organization and report directly to CEO Sean Brown.

Google Buys Spirit Airlines’ Internal Data For $10 Million To Train AI On Real-World Business Workflows

By Amit Chowdhry ● Aug 18, 2026

Alphabet is acquiring internal business data from bankrupt Spirit Airlines for $10 million, giving Google access to a large collection of real-world enterprise information it could use to improve artificial intelligence models and workplace productivity tools, according to Reuters.