CEO Ali Ghodsi notes that benchmarking GLM 5.2 and open models show cost advantages, reflecting a broader shift toward cost-efficient AI infrastructure in enterprise software.

Axle Energy raised €21 million in Series A to operate a British virtual power plant, led by Energize Capital with participation from Accel, Picus Capital and Eka Ventures.

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NapTapGo secured ₹8 crore in seed funding led by Inflection Point Ventures to expand its capsule-hotel network across India while maintaining standardized guest experiences.

Pediatrica raised $28 million to support a geographic health-systems focus; Prime Intellect raised $130 million for an open AI model-training platform; Quaise Energy raised $134 million for millimeter-wave drilling to access deep geothermal energy; SambaNova raised $1 billion for a complete AI platform; Super.com raised $65 million for a saving-focused app; Venus Aerospace raised $91 million for hypersonic transport, with notable investors.

Databricks secures a strategic funding round led by Coatue, valuing the company at $188 billion, to accelerate its AI strategy with investments in Unity AI Gateway, Genie, and Lakebase, and to pursue future AI acquisitions and research.

Aardaia raised €5 million in seed funding to domesticate protein-rich tubers, led by Point Nine with participation from Astanor, Grey Silo Ventures and FoodLabs.

Aina raised $5.5 million in seed funding to commercialize its AI-enabled hardware interface and expand teams in San Francisco and Bengaluru.

The funding round is expected to close later this summer with participation from existing and new investors, though no IPO timeline is announced.

Forge Industries secured €3.9 million for waste-to-fuel technology, led by Next Phase Capital and 8090 Industries, with Golden Seeds participating; EU-startups coverage emphasizes the European angle.

Note indicates the article was AI-generated.

Venus Aerospace closed a $91 million Series B to scale rocket-engine technology for hypersonic flight, led by Mercury Fund with participation from Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard, and Green Sands Equity.