
Bristol fusion startup Astral Systems has raised £23mn to scale the medical isotopes that cancer scans depend on. The Astral Systems £23M round backs a rare fusion company that already runs reactors and earns revenue. Most fusion companies promise clea…

Groq has confirmed a $650mn raise to rebuild itself as an AI inference cloud, six months after Nvidia paid out its investors and hired away its founder. The Groq $650M round is a bet that purpose-built chips still beat GPUs. Groq spent years as one of …

Nearfield Instruments, a Rotterdam firm that inspects chips at the atomic scale, has raised $380mn at a $1.6bn valuation. It is the largest deep-tech round in Dutch history, and sovereign funds are paying close attention. Everyone knows the headline na…

Qualcomm is closing in on a deal to buy AI-software startup Modular for about $4bn. The Qualcomm Modular deal would hand the chipmaker fresh ammunition in its fight to rival Nvidia. Qualcomm has entered advanced talks to acquire Modular, according to B…

Abu Dhabi’s MGX AI fund has raised close to $50bn. For the first time, the emirate leaned on outside investors to do it, and the money is already going out the door. MGX is the Abu Dhabi investment firm built for the AI era. It has pulled in nearly $50…

The Irish startup is buying B300 GPUs to expand a GDPR-compliant inference platform aimed at the banks, hospitals, and law firms that cannot send their data abroad. TensorX, a startup building AI inference infrastructure that keeps European data inside…

The Paris startup, founded by two former Datadog hands, wants to end the per-byte pricing model just as AI workloads make telemetry explode. Tsuga, a Paris startup building observability software for the age of AI agents, has raised a $35m Series A, a …

The AI infrastructure startup raised $1.5bn in a Series F, with Australia’s Blackbird VC putting in what may be the largest single outlay yet by an Australian firm. Baseten has raised $1.5bn in a Series F round that values the AI infrastructure startup…