AITechStartupsabout 1 hour ago
Venture Capital Piles Into AI Infrastructure, Defense
1 min read
Ten startup financings announced $4.81 billion, with 93% going to The Boring Company, Positron AI, and Mach Industries. The Boring Company raised a $3 billion Series D at a $23 billion valuation to build tunnels in the UAE. Positron AI raised $875 million at a $5 billion valuation for its memory-focused AI inference processor.
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