funding

SiliconFlow has submitted a listing application to the Hong Kong Stock Exchange. By 2025 Token throughput, it is China's largest independent Token supplier, with investors including Alibaba, Meituan, etc.

An essay expanding on the metaphor of open source as critical infrastructure by examining how real-world bridges are inspected and maintained, drawing parallels to the need for systematic, government-backed support for open source projects.

Venice AI, a privacy-first platform offering uncensored access to over 200 AI models, raised a $65M Series A at a $1B valuation. The company is already profitable with $70M ARR and over 3 million active users.

LeapXpert raised $180M to govern enterprise messaging and extract intelligence from chat data for AI, positioning itself as a key player in regulated industries.

Chi Zhang, Co-founder & CEO of Kite AI, announced that the company has raised $33 million in funding led by PayPal Ventures, aiming to build the foundational layer for AI agents on the internet, enabling identity verification, permission management, and stablecoin payments.

UK self-driving startup Wayve is allowing employees to sell shares in an $85 million tender offer at its $8.5 billion valuation, following a $1.2 billion Series D in February. The move is part of a growing trend of AI startups using tender offers as retention tools.

Etched made a high-profile debut, announcing an AI chip and full inference cluster built specifically for Transformer inference. It has secured over $1 billion in customer contracts and $800 million in funding, with the first cabinet set to ship this summer.

Etched, an AI chip startup, announced $1B in contract orders and a $5B valuation, positioning itself as a competitor to Nvidia in inference chips.

Proception, a startup founded by a former Tesla engineer, settled a trade secret lawsuit with Tesla and announced an $11M seed round as it ships its first batch of high-dexterity robotic hands.

The article compares government-led infrastructure projects like the internet and space exploration to the current private-sector-driven AI race, questioning whether governments should have built foundational AI infrastructure first.

An organizer at Hack Club shares their approach to running a software jam in an era of low-effort AI-generated entries, discussing funding challenges and incentive structures to encourage genuine craftsmanship.

Aseon Labs raised $10M in seed funding to build parking space-sized autonomous pods that can inspect, clean, and charge robotaxis on the spot, aiming to eliminate costly deadhead miles and improve robotaxi profitability.

May saw over $1.8 billion in voice AI funding, led by Sierra's $925M and Hark's $700M rounds, while ElevenLabs launched new models for music generation and dubbing with enhanced control. The newsletter also highlights healthcare deals and India's growing voice market.

General Intuition announces $320M Series A funding at $2.3B valuation to build large action foundation models using gameplay data from Medal.

Patronus AI raises $50M in Series B funding to build simulated digital worlds for stress-testing AI agents, helping ensure they perform reliably in real-world scenarios.

This tweet highlights how Pim de Witte accidentally built a world model data collection business by assembling the largest dataset of trainable (video, action) pairs, and announces a $320M Series A at a $2.3B valuation.

This tweet from Lior discusses agent performance in reinforcement learning with dynamic environments, while highlighting PatronusAI's $50M Series B funding led by GreenfieldVC for developing AI simulations and evaluations.

A tweet discusses the power of focusing on a single user story in marketing, while highlighting the $8M funding for Sazabi, a self-healing observability platform.

Pim de Witte announces a $320M Series A funding round at a $2.3B valuation for the world models company, backed by prominent investors and researchers.

General Intuition raised $320M at a $2.3B valuation to develop AI agents trained on video game action labels, demonstrating a single model that can play games and control real-world robots with minimal fine-tuning.