Artificial Intelligence

Gigaton Raises $26 Million To Deploy AI Controls For Industrial Carbon Reduction

By Amit Chowdhry ● Jun 7, 2026

Gigaton has announced a $26 million funding round led by Plural, with participation from 2150, Semapa Next, Planet A Ventures, AlbionVC, Cambridge Enterprise, and Clean Growth Fund. The London-based company builds machine learning systems that autonomously control large-scale industrial manufacturing processes, with a mission to reduce industrial carbon emissions by gigatons. Financial terms beyond the round size were not disclosed.

Factorial Raises $150 Million Series D At $2.5 Billion Valuation To Scale AI Workforce Operations Platform Across Europe

By Amit Chowdhry ● Jun 7, 2026

Factorial, Europe's leading AI Workforce Operations Platform, has announced the closing of a $150 million Series D funding round at a valuation of $2.5 billion, making it one of the most valuable Spanish and European scale-ups. The round is led by General Catalyst, marking its first direct equity investment in Factorial, joined by Atomico and Four Rivers. Alongside the equity round, General Catalyst is committing up to an additional $540 million through its Customer Value Fund, bringing total capital committed to more than $700 million. Under the Customer Value Fund structure, General Catalyst's returns are tied exclusively to the customer value created by that spend and capped at a fixed amount, giving Factorial the financial firepower to expand aggressively while preserving its equity.

Perplexity Announces First Hybrid Local-Server Inference Orchestrator For Personal Computer

By Amit Chowdhry ● Jun 7, 2026

Perplexity has announced the next step for its Personal Computer platform: the first hybrid local-server inference orchestrator, designed to automatically route AI workloads between a user's local device and cloud-based agents based on the nature of each task. The feature, developed in partnership with Intel and compatible with NVIDIA's RTX Spark and other local silicon, is set to arrive in July and represents what Perplexity describes as the first product to make hybrid AI a practical reality rather than an industry ambition.

Terra AI Raises $20 Million Series A To Accelerate Critical Mineral And Energy Exploration

By Amit Chowdhry ● Jun 7, 2026

Terra AI, the artificial intelligence platform helping solve subsurface uncertainty for mineral and energy development, has announced a $20 million Series A led by Khosla Ventures, with a strategic investment from BHP Ventures. The capital will accelerate deployment of Terra AI's generative geological modeling platform across mining, enhanced geothermal, and carbon storage applications. The company is also backed by Rio Tinto and other strategic investors.

Coralogix Raises $200 Million Series F To Scale AI-Native Observability Platform

By Amit Chowdhry ● Jun 7, 2026

Coralogix, the data and AI platform for observability, has announced a $200 million Series F funding round co-led by Advent, CPPIB, and Greenfield, with participation from Brighton Park Capital. The raise brings total funding in Coralogix to $550 million and follows the company's $115 million Series E in 2025. The capital will be used to accelerate AI-native observability capabilities, expand its telemetry data infrastructure, and scale global enterprise adoption as organizations modernize beyond legacy monitoring tools.

Huron Acquires RelateCare To Strengthen AI-Powered Patient Access And Care Coordination Capabilities

By Amit Chowdhry ● Jun 7, 2026

Huron, a global professional services firm, has announced the acquisition of RelateCare, a leading provider of AI-enabled clinical and patient access solutions. The acquisition strengthens Huron's ability to deliver comprehensive healthcare managed services to improve patient access and facilitate care coordination across health systems. Financial terms of the transaction were not disclosed. For reporting purposes, RelateCare will be included in Huron's Healthcare operating segment within its consulting and managed services capability.

Flok Health Raises $12.5 Million Series A To Scale Autonomous AI Healthcare Delivery Platform

By Amit Chowdhry ● Jun 7, 2026

Flok Health has announced a $12.5 million Series A funding round led by AlbionVC, with participation from Mercia Ventures and existing backers Eka Ventures and Form Ventures. The UK-based company has built what it describes as the first and only AI platform in Europe approved for fully autonomous end-to-end healthcare delivery direct to patients, addressing what it calls the biggest problem in healthcare: a supply-demand mismatch between the volume of care needed and the availability of clinical labor to deliver it.

LRE Advisors Launches First Laundromat Advisory And Market Intelligence Firm In $7 Billion U.S. Industry

By Amit Chowdhry ● Jun 7, 2026

LRE Advisors announced its launch as the first laundromat-focused advisory and market intelligence firm in the United States, bringing proprietary AI-powered market intelligence, geospatial analytics, and integrated store launch services to the approximately $7 billion U.S. laundromat industry.

Z Squared Raises Access to $50 Million In Equity Capital To Accelerate AI Infrastructure Expansion

By Amit Chowdhry ● Jun 7, 2026

Z Squared announced that it has entered into a $50 million committed equity forward purchase agreement with LucentHash / Data Part Capital, providing the company with flexible financing to support its AI infrastructure growth strategy. The agreement is designed to help fund acquisitions and site conversion projects as they progress, supporting Z Squared’s Phase 1 objective of developing 100 megawatts of AI-ready capacity across multiple U.S. locations.

ZutaCore: $100 Million Series C Raised To Expand AI Data Center Cooling Platform

By Amit Chowdhry ● Jun 7, 2026

ZutaCore announced a $100 million Series C funding round as the company accelerates global expansion and advances its waterless, direct-to-chip, two-phase liquid cooling technology for AI and high-performance computing infrastructure.

Clive Chan Joins Anthropic After Helping Build Custom AI Chip Program At OpenAI

By Amit Chowdhry ● Jun 7, 2026

Clive Chan announced that he has left OpenAI and joined Anthropic, marking another notable talent move in the competitive AI infrastructure race. Chan said he joined Anthropic after being impressed by the company's talent, values, and ambition, and has already started work there.

Generalist Raises $400 Million To Accelerate Development Of Physical AI

By Amit Chowdhry ● Jun 7, 2026

Generalist, a company focused on building foundation models for robotics and physical-world intelligence, announced a new $400 million funding round to accelerate its mission of developing what it describes as “physical AGI,” bringing its total funding to more than $500 million.

AlphaSense Raises $350 Million At $7.5 Billion Valuation While Surpassing $600 Million In Annual Recurring Revenue

By Amit Chowdhry ● Jun 7, 2026

AlphaSense announced a $350 million funding round that values the AI-powered market intelligence platform at $7.5 billion, nearly doubling its previous $4 billion valuation and bringing total funding raised to more than $1 billion.

Sriram Krishnan To Leave White House AI Advisory Role After Helping Shape U.S. AI Strategy

By Amit Chowdhry ● Jun 7, 2026

Sriram Krishnan announced that he will leave his role as Senior Policy Advisor for Artificial Intelligence at the White House at the end of June, concluding an 18-month tenure during which he played a key role in shaping the administration’s AI policy agenda.

Robotiq Introduces IQ Platform To Automate Robotic Workcell Integration

By Amit Chowdhry ● Jun 6, 2026

Robotiq announced the launch of IQ, an AI-enabled platform designed to accelerate robotic Workcell integration by transforming unstructured project information, 3D site scans, and production requirements into validated robotic Workcell designs. The platform aims to help manufacturers and system integrators move away from traditional manual, expert-driven integration processes and toward a more automated and scalable approach.

Snowflake And Anthropic Accelerate Enterprise AI Adoption As Demand For Governed AI Grows

By Amit Chowdhry ● Jun 6, 2026

Snowflake and Anthropic announced significant momentum in their strategic partnership at Snowflake Summit 2026, highlighting growing enterprise adoption of Anthropic’s Claude models through Snowflake Cortex AI. The companies said rising demand for governed, production-ready AI is driving customers to deploy AI directly on trusted enterprise data while maintaining security, governance, and compliance controls.

Akamai Expands NVIDIA Partnership To Bring Zero Trust Security Into AI Factories

By Amit Chowdhry ● Jun 6, 2026

Akamai announced an expanded collaboration with NVIDIA to embed Zero Trust security directly into AI factory infrastructure, enabling organizations to protect AI workloads, data, context memory, and autonomous agents without sacrificing performance. The integration combines Akamai Guardicore Segmentation with NVIDIA Vera BlueField-4 STX and the NVIDIA DOCA software platform, creating an infrastructure-level security framework designed for the growing demands of agentic AI environments.

Betterworks Acquires Rypple to Advance AI-Native Performance Management And Manager Effectiveness

By Amit Chowdhry ● Jun 6, 2026

Betterworks, an enterprise performance management platform, announced the acquisition of Rypple, an AI-native platform designed to help managers lead more effectively in the flow of work. The acquisition expands Betterworks’ investment in connecting real-time performance management with manager enablement and reflects the company’s belief that manager effectiveness is a critical driver of business performance.

Envirotech Vehicles Builds 500 MW AI Infrastructure Platform Across 548-Acre Campus

By Amit Chowdhry ● Jun 6, 2026

Envirotech Vehicles, Inc. announced significant progress in developing a large-scale, energy-backed digital infrastructure platform designed to support the growing power demands of artificial intelligence and data center operations as it continues executing its Merger and Development Agreement (MDA) with AZIO AI.

Phia Raises $35.5 Million Series A And Reveals Star-Studded Investor Roster To Expand AI-Powered Shopping Platform

By Amit Chowdhry ● Jun 6, 2026

Phia, the AI-powered shopping platform founded by Phoebe Gates and Sophia Kianni, announced that it has closed an oversubscribed $35.5 million Series A financing round. The company also revealed a roster of more than 30 celebrity, fashion, entertainment, and technology investors backing the business as it scales its personalized shopping platform. The round builds on a previously announced financing led by Notable Capital, Khosla Ventures, and Kleiner Perkins and brings the company's total funding to $43.5 million.

Flourish: $500 Million At $2.5 Billion Valuation Raised To Reinvent AI By Decoding The Brain’s Core Algorithm

By Amit Chowdhry ● Jun 6, 2026

A new artificial intelligence startup called Flourish has emerged from stealth with an ambitious goal: to discover the brain’s “core algorithm” and use it to build a radically more efficient form of AI. Backed by Jeff Bezos and other prominent investors, the company has raised $500 million at a reported valuation of $2.5 billion, according to Wired.

SpaceX: Reported $920 Million-Per-Month Google Deal Highlights AI Infrastructure Strategy Ahead Of IPO

By Amit Chowdhry ● Jun 5, 2026

SpaceX disclosed that it has signed a major infrastructure agreement with Google under which the technology giant will pay approximately $920 million per month for AI compute capacity hosted at SpaceX data centers, according to a regulatory filing reported by CNBC.

Zip Launches AI Agents To Automate Accounting Workflows And Accelerate Procure-To-Pay Processes

By Amit Chowdhry ● Jun 5, 2026

Zip, an AI-powered enterprise procurement platform, announced the launch of AI Automation for Procure-to-Pay (P2P), a suite of AI agents designed to automate accounting workflows from purchase request through payment. The company said the new offering extends its procurement automation capabilities to finance and accounting teams responsible for ensuring spending is accurately recorded and managed.

Fivetran And dbt Labs Complete Merger To Build Trusted AI Data Infrastructure

By Amit Chowdhry ● Jun 5, 2026

Fivetran announced the completion of its merger with dbt Labs, creating a combined company focused on delivering the data infrastructure needed to support trusted AI agents at scale. The all-stock transaction, which was originally announced in October 2025, brings together two leading data platforms that serve more than 100,000 data teams globally. The combined company will initially operate as Fivetran + dbt Labs, with George Fraser continuing as CEO and Tristan Handy serving as President.

NVIDIA Reveals Open Humanoid Robot Platform for Academic Research

By Amit Chowdhry ● Jun 5, 2026

NVIDIA announced the NVIDIA Isaac GR00T Reference Humanoid Robot, describing it as the first open humanoid robot reference design built on NVIDIA Jetson Thor and the NVIDIA Isaac GR00T development platform. The company said the platform is designed to help democratize humanoid robotics research by combining advanced hardware, onboard AI computing, and an open software stack without requiring researchers to rely on proprietary systems.

Hexaware Enhances Agentverse To Help Enterprises Scale AI With Governance And Lifecycle Management

By Amit Chowdhry ● Jun 5, 2026

Hexaware, a global technology and business process services company, announced significant enhancements to Agentverse, its enterprise AI agent platform, adding new governance, development, and lifecycle management capabilities designed to help organizations deploy and scale AI with greater confidence.

PatientGain Launches HIPAA-Compliant AI Agents For Healthcare Marketing

By Amit Chowdhry ● Jun 5, 2026

PatientGain, a healthcare marketing technology company serving medical and dental practices, announced the launch of new HIPAA-compliant healthcare marketing AI agents that use Human-In-The-Loop (HITL) technology. The new AI capabilities are being offered as part of the company’s PLATINUM monthly service at no additional cost.

XFolio AI Acquires Absolute Payment Solutions To Unify Treasury and Payments for UK Corporates

By Amit Chowdhry ● Jun 5, 2026

Paris-based treasury and cash management technology company XFolio AI announced the acquisition of Absolute Payment Solutions (APS), a Pay.UK-accredited Bacs service provider in the United Kingdom. The deal creates an integrated platform that combines treasury management, Bacs processing, open banking, risk management, and multi-rail payments capabilities for businesses across the UK.

Centrical Raises $39 Million To Advance Performance Intelligence For The AI Era Workforce

By Amit Chowdhry ● Jun 5, 2026

Centrical, a provider of frontline workforce performance solutions, announced a $39 million Series D funding round led by Leeds Illuminate and Kingfisher Investment, with participation from existing investors including JVP. The funding will support the company’s global expansion and accelerate the development of AI-powered tools designed to help enterprises manage and optimize performance across both human employees and digital workers.

OpenAI: Codex Introduces Role-Specific Plugins, Sites, And Annotations To Expand Beyond Software Development

By Amit Chowdhry ● Jun 5, 2026

OpenAI announced a major expansion of Codex, introducing role-specific plugins, interactive Sites, and annotations aimed at making the platform more useful for a broader range of professionals beyond software developers. The company said more than 5 million people now use Codex weekly, with non-developers including analysts, marketers, operators, designers, researchers, investors, and bankers accounting for about 20% of users and growing more than three times faster than developers.