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Architect Labs raises $24M to let any company design its own AI chip

June 18, 2026 Emily Chen
Designing a chip: A challenging endeavor Designing a chip is hard. It takes years, hundreds of millions of dollars, and a tiny pool of experts. Most of them ...
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Nvidia-backed Verse raises $54M to help AI data centres skip the power queue

June 18, 2026 Emily Chen
For years, the scarce resource in AI was chips. Now it's power. Verse Enterprises aims to overcome the bottleneck by addressing the new limiting factor—power....
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Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference

June 18, 2026 Emily Chen
Baseten Secures $1.5 Billion Funding Round Baseten is finalising a $1.5 billion funding round that values the company at up to $13 billion. The structure of t...
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An ex-Palantir leader raised $16M to point AI at the NHS’s paperwork, not its doctors

June 18, 2026 Emily Chen
Almost every AI tool aimed at the NHS is built for clinicians Frontier Health has raised $16M to build tools for the people behind them. The London startup ...
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85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.

June 18, 2026 Emily Chen
Europe's Defence Funding Gap Europe is pledging hundreds of billions to defense, yet almost none of the venture capital funding the technology behind it origi...
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While Helsing and Anduril chase billion-dollar valuations, Comand AI raised €32M for the layer above them

June 18, 2026 Emily Chen
Defence-tech Startup Comand AI Secures €32 Million Series A Led by Blossom Capital The defence-tech landscape is witnessing a new power struggle, transcending...
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California expected a tax bonanza from AI IPOs. Modern compensation structures may blunt the windfall.

June 18, 2026 Emily Chen
SpaceX, OpenAI, and Anthropic: Billion-Dollar Valuations and California's Potential Tax Windfall SpaceX is now valued at $2.5 trillion. OpenAI and Anthro...
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The ‘godfather of AI’ called xAI a failure and warned of a bubble. He’s also selling the alternative.

June 18, 2026 Emily Chen
Yann LeCun Critics Elon Musk's xAI as "Kind of a Failure" Yann LeCun has never been quiet about his doubts, and his latest target is one of the mo...
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Accenture had its worst stock day ever on fears AI is eating consulting. Hours earlier, it spent $4.18bn trying to escape that.

June 18, 2026 Emily Chen
Accenture's Historic Stock Market Low: A Reflection of AI's Impact on Consulting Accenture experienced its worst day in history on the stock market on Thursda...
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The EU is about to declare AWS and Azure gatekeepers under the Digital Markets Act

June 18, 2026 Emily Chen
European Commission to Unveil Preliminary Findings on Cloud Giants The European Commission is set to unveil preliminary findings as early as next week, statin...
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