AI investments

Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes

Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes
Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes
October 14, 2026  |  Investments

Artificial intelligence (AI) infrastructure startup Modal was valued at $15.75 billion in a Series D funding round in which it raised $750 million, CEO Erik Bernhardsson said in...

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Pluto Security Raises $42 Million to Protect Corporate AI Without Blocking Innovation
Pluto Security Raises $42 Million to Protect Corporate AI Without Blocking Innovation
October 13, 2026  |  Investments

Pluto Security emerged from stealth Tuesday (Oct. 13), saying in a blog post that the company has secured $42 million in funding for its security solution for artificial...

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Banks Stop Counting AI Hours and Start Counting Returns
Banks Stop Counting AI Hours and Start Counting Returns
October 12, 2026  |  Artificial Intelligence

For years, banks have sold investors on artificial intelligence (AI) with usage counts and hours saved. Few have said how much money it makes; at...

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Lambda Targets $14.5 Billion Valuation in Final Pre-IPO Round
Lambda Targets $14.5 Billion Valuation in Final Pre-IPO Round
October 06, 2026  |  Investments

Cloud computing company Lambda is raising as much as $4 billion in a funding round that will value the company at $14.5 billion, excluding the money raised,...

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OpenAI’s Cash Burn Could Approach $280 Billion by 2030
OpenAI’s Cash Burn Could Approach $280 Billion by 2030
September 20, 2026  |  Artificial Intelligence

OpenAI has reportedly forecast that it will burn through nearly $280 billion by the end of 2030. That projection spotlights the artificial intelligence company’s significant...

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Most Banks Wait Six Years for AI Payback. Discovery Didn’t.
Most Banks Wait Six Years for AI Payback. Discovery Didn’t.
September 02, 2026  |  Artificial Intelligence

Banks have a lot of data on their customers, but most of it sits unused. The customer gets flooded the same generic offer everyone else...

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USD.AI Secures $100 Million Credit Facility From Bullish to Power AI Buildout
USD.AI Secures $100 Million Credit Facility From Bullish to Power AI Buildout
August 28, 2026  |  Investments

USD.AI has secured a $100 million stablecoin-based debt facility from digital asset platform Bullish to power its GPU financing ecosystem, USD.AI said in a Friday (Aug. 28) press release. Together with the debt...

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Instinct Nears $2.5 Billion Valuation as AI Assistants Take Over Daily Chores
Instinct Nears $2.5 Billion Valuation as AI Assistants Take Over Daily Chores
August 26, 2026  |  Artificial Intelligence

Instinct, the developer of an artificial intelligence (AI)-powered assistant that seems to be gaining traction among early adopters, is raising a $250 million Series B...

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