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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


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


Nimble raises $47M to scale agentic web search platform for enterprise AI

Duncan Riley / siliconangle - Nimble announced today that it has raised $47 million in new funding to accelerate development of its agentic web search platform, expand its multi-agent research capabilities and scale up its governed real-time web data infrastructure for enterprise arti…

#ai #startups #automation #analytics #enterprise #genai #business #assistant #api

Back to Top / Tuesday, February 24, 2026, 11:22 am / permalink 19655 / 3 stories in 10 days


Stripe Reaches Record Valuation as Global Volume Hits $1.9 Trillion

PYMNTS / pymnts - Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the compa…

#startups #vc #banking #stockmarket #privateequity #business #payments #economy #technology

10 days / pymnts / PYMNTS

10 days / ycombinator

10 days / ft


Back to Top / Tuesday, February 24, 2026, 10:22 am / permalink 19650 / 9 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


Hong Kong's RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg

Omkar Godbole / coindesk - The stablecoin payments company has hired JPMorgan, Goldman Sachs and Jefferies, according to Bloomberg.

#startups #vc #crypto #banking #stockmarket #business #us #asia #payments #crypto

10 days / pymnts / PYMNTS


Back to Top / Tuesday, February 24, 2026, 9:21 am / permalink 19642 / 3 stories in 10 days


Xflow Raises $16.6M from PayPal, General Catalyst and others

Ekemini / ventureburn - Xflow, an Indian startup focused on cross-border payments, just raised $16.6 million in Series A funding. General Catalyst led the round, and PayPal Ventures joined in, along with Lightspeed, Stripe,The post Xflow Raises $16.6M from PayPal, General Cataly…

#startups #vc #fintech #enterprise #banking #business #asia #payments #api #paypal

Back to Top / Tuesday, February 24, 2026, 6:21 am / permalink 19627 / 3 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


Frankenburg Technologies Raises €30M in Series A Funding

FinSMEs / finsmes - Frankenburg Technologies, a Tallinn, Estonia-based company which specializes in missile systems designed for mass production and rapid regeneration, raised €30M in Series a funding. The round was led by Plural and followed by SmartCap. The raise brought t…

#startups #innovation #defensetech #government #business #aerospace #supplychain #europe #manufacturing #technology

10 days / sifted


Back to Top / Tuesday, February 24, 2026, 4:20 am / permalink 19623 / 7 stories in 10 days


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U.S. prepares strict export controls on AI accelerators, curbing foreign sales

U.S. authorities are drafting new export rules requiring government approval for certain AI accelerators before overseas sales, aiming to limit adversaries’ access to advanced chips. The Commerce Department confirmed a tough approach that stops short of prior proposals but signals significant restrictions, forcing vendors and customers to navigate fresh geopolitical red tape. 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...


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...


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...


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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