Fundraising

Fundraising

Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry

Situational Awareness may have had to sell off the majority of its public portfolio last month, but the AI-focused hedge fund is still making some big…

admin · Aug 23, 2026 · schedule 1 min

Fundraising

Discovered Materials is playing AI whack-a-mole to hunt cooler chips

Chips running AI workloads are too hot: That’s one reason why data centers consume so much electricity and require cooling systems. And, inevitably, entrepreneurs are turning…

admin · Aug 23, 2026 · schedule 4 min

Fundraising

OpenAI reportedly completed a $7 billion employee tender offer

OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity…

admin · Aug 23, 2026 · schedule 2 min

Fundraising

Form Energy raises $750M to build more 100-hour batteries for the grid

Battery startup Form Energy said on Wednesday that it has raised $750 million to expand its manufacturing capacity in West Virginia, the latest sign that the…

admin · Aug 15, 2026 · schedule 3 min