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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


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

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


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


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


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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...


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...


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...


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...



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