Business & Industry
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Supabase Raises $500M Series F at $10.5 Billion Valuation as AI Agents Drive a Database Explosion
The open-source Postgres platform raised $500M led by GIC just seven months after its Series E, citing 600% database growth driven by AI coding agents.
World-Model Startup Odyssey Raises $310 Million at $1.45 Billion Valuation, Picks AWS Trainium Months After Taking Nvidia's Money
Odyssey closed a $310 million Series B led by Natural Capital with backing from Amazon, GV, and AMD Ventures, naming AWS its preferred cloud after an Nvidia-backed Series A in February.
Ramp Raises $750 Million Series F at $44 Billion Valuation as Investors Bet on AI-Driven Spend Management
Fintech Ramp closed a $750 million Series F at a $44 billion valuation, nearly tripling its worth in a year as it pitches tools to manage corporate AI token spending.
SpaceX Signs Definitive $60 Billion All-Stock Merger to Acquire Cursor Maker Anysphere, Exercising Its April Option Days After Its IPO
An SEC filing shows SpaceX has signed a merger agreement to acquire Anysphere, the maker of AI coding tool Cursor, for $60 billion in stock, with the deal expected to close in Q3 2026.
Sereact Raises $110 Million Series B to Scale Its Cortex 2.0 Robotic World Model and Expand Into the US
German robotics-AI startup Sereact raised a $110M Series B led by Headline to scale its Cortex 2.0 software and open a first US office in Boston.
Oracle's Cloud Infrastructure Revenue Jumps 93% as Backlog Hits $638 Billion on AI Contracts, but Shares Fall on Spending
Oracle posted record Q4 FY2026 results with OCI revenue up 93% and a $638 billion order backlog, yet shares fell as capital spending and financing plans rattled investors.
Barcelona's THEKER Raises What It Calls Europe's Largest-Ever Robotics Series A at 85 Million Dollars
THEKER raised $85M (€73M) led by CRV with Samsung and LVMH backing, for AI-native factory robots that reconfigure for different tasks.
GameStop Posts Record $389.6 Million Q1 Net Income as Collectibles Overtake Hardware, but an eBay Options Gain Inflates the Headline
Collectibles became GameStop's largest segment in Q1 fiscal 2026, but $268.4 million of its record net income came from an unrealized gain on eBay-linked options.
Generalist AI Raises $400 Million at a $2 Billion Valuation to Build Foundation Models for Robots, Backed by Nvidia and Bezos
The San Mateo startup, founded in 2024 by ex-DeepMind and Boston Dynamics researchers, has now raised more than half a billion dollars to scale its robot foundation models.
T1 Energy to Buy KORE Power for $32 Million, Entering Battery Storage and AI Data Center Markets
T1 Energy, the former FREYR, agreed to acquire battery storage provider KORE Power for about $32 million, adding 1,100 deployed projects.
Unitree Clears Shanghai STAR Market IPO Review, Billed as China's First Embodied-AI Listing
The Shanghai Stock Exchange's STAR Market listing committee cleared the humanoid robot maker's IPO on Monday, a key hurdle toward a 4.2-billion-yuan raise.
Snowflake Commits $6 Billion to AWS Over Five Years, Its Largest Infrastructure Deal Yet, With Graviton and GPU Compute at the Center
Snowflake's $6 billion, five-year AWS commitment is 2.4 times its 2023 deal, leaning on Graviton CPUs and GPU-accelerated EC2 to power agentic AI workloads.