
Google Alumni Launch $11.3 Million AI Fund to Back Enterprise-Focused Startups
Former Google executives Bonita Stewart and Jackson Georges have launched an $11.3 million fund to invest in enterprise AI startups.
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Former Google executives Bonita Stewart and Jackson Georges have launched an $11.3 million fund to invest in enterprise AI startups.

Anthropic’s IPO prospectus reveals major AI safety risks, rising revenue, infrastructure spending, and billions in operating losses.

Modal Labs is nearing a $750 million funding round at a $15.75 billion valuation, as demand for AI inference infrastructure grows.

Anthropic will spend $11.6 billion on Akamai cloud infrastructure over seven years, in a deal that could expand to roughly $20 billion.

British AI neocloud Nscale has secured $3.36 billion in convertible financing as it prepares for a U.S. IPO that could value the company at $35 billion.

Oracle issues a force majeure notice for its New Mexico Stargate data centre amid pipeline delays and pending energy permits, while maintaining its 2028 target.

Bessemer Venture Partners raises $5.75 billion across two funds to invest in AI startups, infrastructure, models, and agent technologies.

Snorkel AI raises $350 million in Series E funding at a $3.5 billion valuation as demand grows for AI training datasets.

Breakthrough Energy’s latest cohort of fellows includes 21 startups working on fusion, semiconductors, hydrogen, agriculture, and climate technology.

Public opposition to data centre construction is rising as communities debate AI infrastructure, energy use, jobs, and local impacts.

Nscale’s planned IPO will test investor interest in AI infrastructure, as most of its revenue depends on major customers Microsoft and Anthropic.

Morphotonics raises €40 million to scale nanoimprint lithography technology for smart glasses displays and data centre optical components.