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Frontier models, machine learning, and the AI industry.
18 articles
London-based Greyparrot has closed a $27 million Series B to scale its AI-powered waste analysis systems, bringing total funding to $60 million.
The Spanish AI-quantum scaleup says its latest round would push total funding to around $800m and value the company at $1.7bn.
The Cambridge-based company plans to accelerate UK commercialisation and expand its AI-powered respiratory diagnostic technology internationally, including into the US.
The Heidelberg-linked DeepTech company aims to build AI that adjusts to new contexts without costly retraining, backed by UVC Partners and Entourage.
London-based Arrakis has secured roughly $38 million, including a $30 million Series A led by Blossom Capital, to grow its platform for embedding AI agents into industrial workflows.
The Cambridge-based startup, backed by Jeff Bezos and the UK's Sovereign AI Fund, is now valued at $2.6bn after its Series B round.
The Cambridge-based deep-tech startup reached a $2.6 billion valuation in a round co-led by Kleiner Perkins and NEA, with backing from Jeff Bezos.
SAP has completed its acquisition of German frontier AI lab Prior Labs, backed by more than €1 billion, just 18 months after the company was founded.
Apple has filed a federal lawsuit accusing OpenAI and several ex-Apple employees of misappropriating confidential designs and engineering data as both firms expand into AI hardware.
Grace Investment Machine raised $20 million in its third round within a year, as agentic AI investment tools gain momentum globally.
Toulouse-based Bohr Energie raised €10 million while UK's Fleek secured $25 million, signalling continued investor appetite for AI-driven infrastructure in Europe.
Anthropic's new mid-tier Claude Sonnet 5 nears flagship Opus 4.8 performance at under half the price, with availability across all plans.
StirlingX raised $20M for its sovereign intelligence platform while Manchester's BidScript secured €701k, underscoring European appetite for specialised AI.
The US cleared Anthropic's Fable 5 and Mythos 5 on June 30, weeks after a cybersecurity finding triggered an export order that cut off access for all users.
South African legal AI venture Anvaya has won the local Start-up World Cup, earning a place in the global finale against startups from more than 20 countries.
Meta restricts engineers' use of Claude Code and Codex over distillation fears, while ex-Meta and OpenAI staff chase a $400m AI lab raise.
Lucida AI's €6.1M seed and Saltroad's £1.5M raise underline how voice-native AI is drawing capital across Europe, with growing relevance for emerging markets.
British-U.S. company Build secured €7.4 million in seed funding led by Index Ventures to automate infrastructure development workflows and expand in Europe and North America.
