An ex-Palantir leader raised $16M to point AI at the NHS’s paperwork, not its doctors
An ex-Palantir leader raised $16M to point AI at the NHS’s paperwork, not its doctors

Almost every AI tool aimed at the NHS is built for clinicians. Frontier Health raised $16M to build for the people behind them. The London startup announced a $16M seed round led by Atomico, with firstminute capital and XYZ Venture Capital also taking …

Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference
Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference

Baseten is finalising a $1.5bn funding round that values the company at up to $13bn. The structure is almost as notable as the size. The round is dual-tiered, with some investors buying in at an $11bn valuation and others at $13bn, according to the com…

NeuralTrust raised $20M to police the AI agents companies can’t even count
NeuralTrust raised $20M to police the AI agents companies can’t even count

NeuralTrust, a Barcelona startup, has raised $20mn to secure the AI agents that big companies are now deploying faster than they can keep track of. The seed round, worth €17.2mn, was led by Munich’s Alstin Capital, with VentureFriends, Seaya, Kibo Vent…

Sequoia’s Roelof Botha joins the SpaceX board, days after the record IPO
Sequoia’s Roelof Botha joins the SpaceX board, days after the record IPO

SpaceX has named its first new board member since going public, and the word doing the heavy lifting in the announcement is “independent.” In a filing on June 17, the company said its board had elected Roelof Botha, the former Sequoia Capital steward, …

Blackstone’s AirTrunk seeks $3bn loan for one Sydney data centre
Blackstone’s AirTrunk seeks $3bn loan for one Sydney data centre

AirTrunk wants to borrow A$4.3bn, roughly $3bn, to build a single data centre in Sydney. The Blackstone-owned operator is in talks with banks to fund SYD3, a hyperscale facility of more than 400 megawatts, according to people familiar with the matter. …

Dream raises $260m at $3bn, tripling its value in 16 months
Dream raises $260m at $3bn, tripling its value in 16 months

Sixteen months ago, Dream was a billion-dollar company. This week it is worth three. The Israeli AI and cybersecurity firm has raised $260m in a round that valued it at $3bn, nearly tripling the $1.1bn it commanded in February 2025, a pace of revaluati…

A Colombian AI startup wants to assist half of Latin America’s doctors. Andreessen Horowitz just backed it.
A Colombian AI startup wants to assist half of Latin America’s doctors. Andreessen Horowitz just backed it.

Telepatia, an AI clinical assistant built for Latin American healthcare, has raised $33 million in a Series A led by Andreessen Horowitz. The company wants to reach half of the region’s 1.9 million doctors by the end of 2027. Total funding is now $42 m…

Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform

Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acqu…

Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform

Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acqu…

Apple investors are running out of patience with its AI promises
Apple investors are running out of patience with its AI promises

Apple investors are losing patience with the company’s AI strategy. The stock is coming off its worst week since February after the annual Worldwide Developers Conference failed to convince Wall Street that a long-promised upgrade cycle is any closer t…