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News
Devin maker Cognition raises over $2B at $48B valuation, nearly doubling its price tag in four months — TFN
5+ day, 1+ hour ago (514+ words) Please note that your choices will apply only to this website. Once you give consent, a floating button will appear at the bottom of your screen, allowing you to change or withdraw your consent at any time. We respect your…...
Forus raises $150M at $3B valuation as AI network targets every doctor’s office — TFN
5+ day, 3+ hour ago (490+ words) Nearly a third of patients prescribed high-cost or complex medicines never take their first dose, according to Forus, and those who do often wait weeks or months to start. The startup’s answer is an AI agent assigned to every single…...
Lyte, founded by Apple’s Face ID engineers, raises $165M at $1.6B to build robot perception — TFN
1+ week, 4+ day ago (437+ words) Robots keep getting smarter models. What they still mostly lack is a trustworthy way to see. That’s the vision behind Lyte’s $165 million Series C, which lands eight months after the company left stealth and instantly triples its valuation to $1.6 billion....
Ex-DeepMind founders' robotics startup Generalist hits $3B valuation with $200M funding — TFN
2+ week, 5+ day ago (500+ words) The robotics startup Generalist has raised nearly $200 million in fresh capital led by 8VC, which backed Cognition and Fractile, according to two people familiar with the deal, pushing its valuation to $3 billion. A regulatory filing confirms the new money is an…...
Emerald AI raises $150M at $1.05B to turn AI data centres into grid allies — TFN
2+ week, 5+ day ago (795+ words) Emerald AI, a Washington, D.C.-based startup that helps AI data centres reduce or shift their power consumption when the grid is under stress, has raised $150 million in its oversubscribed Series A round at a $1.05 billion valuation. Energize Capital and DCVC…...
Exclusive: Balderton backs Itoflow's $2.5M raise to bring institutional-grade portfolio AI to smaller investment firms — TFN
2+ week, 6+ day ago (552+ words) The most advanced hedge funds spend many years and tens of millions of dollars developing systems that enable them to conduct research, testing, and monitoring of investment strategies on a large scale. Aditya Jha spent nine years in that system…...
Lambda eyes $12B valuation with $3B pre-IPO raise as AI cloud race heats up — TFN
2+ week, 6+ day ago (441+ words) Lambda is talking to investors about raising up to $3 billion at a valuation of $12 billion or higher, according to Bloomberg, which cited people familiar with the discussions. If it closes, the round would set up the Nvidia-backed GPU cloud provider…...
General Intuition in talks to raise at $6B valuation as physical AI race accelerates — TFN
2+ week, 6+ day ago (494+ words) The latest round is expected to include new investors Valor Equity Partners, Point72 Ventures and Seven Seven Six, while Khosla Ventures and General Catalyst are also participating. “It shouldn’t have been possible to start a frontier lab in 2025. The doors were…...
Hugging Face, the GitHub of AI, is exploring a sale that could value it at $13B: Report — TFN
3+ week, 6+ hour ago (410+ words) Hugging Face, the Franco-American startup known as the GitHub of AI, has engaged a bank to determine whether the buyers are interested in a potential deal worth $13 billion or more, sources familiar with the matter told Business Insider. Hugging Face…...