The two companies announced an expanded partnership at a Cadence conference in Santa Clara on Wednesday. The goal: make robot training data more accurate so physical AI systems reach real-world deployment faster. Cadence Design Systems and Nvidia have announced an expanded partnership aimed at closing one of robotics’ most persistent problems: the gap between how […]
In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 million. The raise follows standout returns from its Anthropic stake (invested at $183B, now valued near $800B) and Cursor (backed at […]
In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two months ago. The surge follows an unprecedented revenue trajectory that has taken Anthropic from $1 billion in annualised revenue at the end of 2024 to […]
In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five largest shareholders. The deal provides Jane Street with access to NVIDIA’s next-generation Vera Rubin compute and adds to CoreWeave’s growing contract […]
