The AI benchmarking platform LMArena has seen its valuation triple to $1.7 billion in just eight months. The company raised $150 million in a round co-led by Felicis and UC Investments, with major VC firms like Andreessen Horowitz participating.
Phison has unveiled a new mainstream SSD controller designed to bring high-speed PCIe 5.0 storage to thinner devices. The E37T promises speeds up to 14.7GB/s and lower power consumption, targeting next-gen laptops and gaming handhelds. It gets remarkably close to the company’s more expensive flagshi
Harvey, an AI startup for legal services, is launching its first Dublin office in late March with plans to hire 20 people. The company, valued at $8 billion, sees Dublin as a gateway to its fastest-growing markets in Europe.
Apollo Global Management is leading a massive $1.2 billion investment in QXO, the company built by billionaire Brad Jacobs. The capital is earmarked for acquisitions as Jacobs aims to build a $50 billion revenue giant in the building products space.
Edge AI startup femtoAI is taking its Sparse Processing Unit (SPU) accelerator to CES 2026 in Las Vegas. The company just announced it shipped over 100,000 units, closed a funding round, and is expanding its team.
A Samsung engineer’s bedridden recovery sparked a billion-dollar idea. Now, his startup FuriosaAI is shipping a chip that challenges Nvidia’s dominance in AI inference, promising better power efficiency for running models like Llama.
Elon Musk is reportedly taking SpaceX public in 2026 with a staggering target valuation of $1.5 trillion. That would smash the record set by Saudi Aramco. But behind the massive launch numbers and space data center dreams, there are real questions.
Aidoptation, a spin-off from the Indy Autonomous Challenge, has raised €20 million to industrialize its EdgeDrive autonomous system. The funding will accelerate its move into defense and commercial vehicle applications. The round was led by SFPIM and John Cockerill Defence.
Meta is acquiring the Chinese-founded AI agent startup Manus in a deal reportedly worth over $2 billion. The move aims to supercharge Meta’s AI offerings but comes with significant geopolitical scrutiny the company is scrambling to address.
Nvidia is reportedly in advanced talks to acquire Israeli AI startup AI21 Labs for up to $3 billion. This comes amid analysis that Jensen Huang is executing a coordinated strategy to lock up the world’s top AI systems talent.
