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for: Tuesday, February 24, 2026



MatX Raises $500 Million To Develop AI Chips Competing With Nvidia

Clinton / ventureburn - MatX Accelerates AI Chip Innovation AI chip startup MatX has raised over $500 million to develop hardware that can compete directly with Nvidia. The company was founded in 2022 byThe post MatX Raises $500 Million To Develop AI Chips Competing With Nvidia …

#ai #startups #vc #hardware #semiconductors #ml #chips #nvidia #gpu #deeptech

Back to Top / Tuesday, February 24, 2026, 7:21 pm / permalink 19700 / 6 stories in 10 days


UK AI start-up Wayve raises $1.2bn from carmakers and Big Tech

ft - Self-driving group valued at $8.6bn as it gears up to launch robotaxi service in London this year


OTHER: Emerging AV logistics unicorn Zelos raises $300M+

10 days / pandaily


Pilot robotaxi launches in London; Uber to expand globally

9 days / bbc


Wayve's huge $1.2B raise and $8.6B valuation

10 days / sifted

10 days / ft


Back to Top / Tuesday, February 24, 2026, 7:21 pm / permalink 19699 / 13 stories in 10 days


Meta Signs Massive AI Chip Deal with AMD

Usman Qureshi / iphoneincanada - Meta is partnering with AMD to deploy 6 gigawatts of AI power. The deal includes custom MI450 chips and could give Meta a 10 percent stake in AMD by 2026.The post Meta Signs Massive AI Chip Deal with AMD first appeared on iPhone in Canada.

#ai #cloud #semiconductors #ml #meta #chips #gpu #datacenter #amd

10 days / pymnts / PYMNTS

10 days / cnbc

10 days / ft


Back to Top / Tuesday, February 24, 2026, 1:21 pm / permalink 19673 / 10 stories in 10 days


AI accounting startup Basis raises $100M at $1.15B valuation from Accel, GV to automate Big Four drudgery

Vignesh R / techfundingnews - Artificial intelligence is no longer just a back-office tool in finance. It is now directly affecting how accounting…

#ai #startups #automation #ml #saas #enterprise #genai #business #assistant #productivity

10 days / pymnts / PYMNTS


Back to Top / Tuesday, February 24, 2026, 12:21 pm / permalink 19662 / 3 stories in 10 days


Dutch AI inference chipmaker Axelera AI raises $250M

John Reynolds / tech - A Dutch chipmaker which designs and manufactures chips for AI inference use has raised more than $250m, with backing from new investor BlackRock.Innovation Industries, the European VC fund, is the lea...

#ai #startups #hardware #semiconductors #ml #chips #nvidia #gpu #business #europe

10 days / sifted


Back to Top / Tuesday, February 24, 2026, 10:22 am / permalink 19649 / 5 stories in 10 days


Anthropic accuses Chinese firms of distillation attacks

Tom Chivers / semafor - Distillation involves training less capable models on more advanced ones’ output.

#ai #ml #techpolicy #china #anthropic #aiethics #genai #intellectualproperty #safety #copyright

10 days / scmp

10 days / cnbc


Back to Top / Tuesday, February 24, 2026, 8:21 am / permalink 19636 / 6 stories in 10 days


Tewke raises £1.5M to expand its AI-driven home energy platform

Kailee Rainse / startuprise - London-based Tewke, a company focused on energy optimisation and home automation, has raised £1.5 million in its second funding round. Investors in the round include JamJar Investments, Cur8 Capital, Energy Mix Ventures, Project Ventures, and angel invest…

#ai #vc #iot #ml #energy #business #europe #batteries #gadgets #smarthome

Back to Top / Tuesday, February 24, 2026, 7:21 am / permalink 19633 / 3 stories in 10 days


Brainomix Extends Series C Funding to $25.4M

FinSMEs / finsmes - Brainomix, an Oxford, UK-based company developing AI-powered imaging tools in stroke and lung fibrosis, raised $6.5M in Series Series C extension funding. The round was led by Parkwalk and Hostplus via the IP Group Hostplus Innovation Fund, with participa…

#ai #vc #ml #digitalhealth #computervision #health #business #uk #medicine

Back to Top / Tuesday, February 24, 2026, 7:21 am / permalink 19632 / 3 stories in 10 days


AMD and Meta strike $100 billion AI deal that includes 10% stock deal — 6 gigawatt agreement includes up to 160 million AMD shares

tomshardware - AMD and Meta have announced an AI chips deal thought to be worth more than $100 billion.


Analysts warn: circular financing and heavy dilution risks for AMD


Chips-for-equity: warrants could give Meta up to 10%

10 days / tomshardware


Meta diversifies from Nvidia; AMD emerges as key rival

10 days / cnbc


Meta-AMD deal: 6GW MI450 deployment, shipments starting H2 2026

10 days / pymnts / PYMNTS

10 days / techpowerup

10 days / ft


All Other Stories


Back to Top / Tuesday, February 24, 2026, 7:21 am / permalink 19631 / 21 stories in 10 days


SambaNova steps up its challenge to Nvidia with new chip, $350M funding and a powerful ally in Intel

Mike Wheatley / siliconangle - Chipmaker SambaNova Systems Inc. unveiled its most advanced artificial intelligence processor today as it closed on a bumper $350 million late-stage round of funding from Vista Equity Partners, Cambium Capital and others. Alongside the funding, SambaNova …

#ai #startups #hardware #semiconductors #ml #chips #nvidia #business #datacenter #intel

10 days / techpowerup

10 days / cnbc


Back to Top / Tuesday, February 24, 2026, 6:21 am / permalink 19626 / 6 stories in 10 days


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SoftBank seeks massive $40B loan to back OpenAI investment, courting big risk

SoftBank is reportedly seeking up to a $40 billion loan to finance its planned stake in OpenAI, an audacious use of leverage to double down on the AI boom. The move would be one of the largest single‑company financing gambits in recent memory, raising questions about balance‑sheet strain versus potential upside. More...


Oracle and OpenAI scrap Texas data-center expansion; Meta eyes the spare capacity

Oracle and OpenAI have abandoned plans to expand a flagship Texas data center, leaving substantial compute capacity up for grabs. Nvidia reportedly brokered interest from Meta to take the unused slots as OpenAI downscales that particular buildout, a move that rattled markets and highlights shifting demand for large-scale on-prem AI infrastructure. More...


Pentagon labels Anthropic a supply‑chain risk; company vows legal fight

The Pentagon has designated Anthropic and its products as a “supply‑chain risk,” prompting the company to announce a court challenge. Experts warn the move could chill collaboration and talent flows into AI, while Anthropic insists it will contest the determination to protect its operations and customers. More...


OpenAI launches Codex Security agent to automatically detect software vulnerabilities

OpenAI rolled out Codex Security, an AI agent that scans codebases to find complex vulnerabilities, suggests actionable fixes, and uses sandbox testing to limit false positives. The tool has already flagged issues in major projects and aims to compete with traditional application security tooling by automating deep, contextual code review. More...


Google releases Workspace CLI enabling AI agents to access Gmail, Drive, Calendar

Google has shipped an open-source Workspace CLI that gives AI agents like OpenClaw programmatic access to Gmail, Drive, Calendar and other Workspace services via a built-in MCP server. The tool standardizes agent integration, making it easier — and slightly creepier — for automated assistants to act on users’ behalf across core productivity apps. More...



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