Fundraising is a topic tracked in our intelligence system with 6 linked articles.
Former DeepMind researcher Andrew Dai raised a $55M seed at a $300M valuation for Elorian, leveraging strategic investors Nvidia and Menlo Ventures to push ahead in visual AI.
Applied Computing raised a $20M Series A led by KBR to commercialize Orbital, a foundation AI for oil and gas that blends time-series, physics, and language models to model and simulate plant operations, with ARR in the double-digit millions and active North American deployments, plus Houston expansion and international plans.
OpenAI is selling a ChatGPT-branded basketball for $70 as part of a broader hardware/merch push, with the piece weighing product-market fit and mentioning related hardware and fundraising context.
Greylock capped its new $1.5B fund at 18th fund size, arguing restraint despite potential to raise more to maintain a small, hands-on portfolio of roughly 25 early-stage companies.
Nandan Nilekani exits the GP role at Fundamentum as it launches its third fund of $200 million, while he remains an anchor investor as the firm expands leadership and targets AI and fintech startups in India.
ZML launches a free multi-chip LLM inference server (ZML/LLMD) to run models across Nvidia, AMD, Google TPU, Apple Metal, and Intel Arc, aiming to reduce vendor lock-in and lower inference costs.
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