Funding
Sources: Baseten is raising ~$2B in two tranches, one valuing it at $26B and the other at $30B (Bloomberg) (opens bloomberg.com)
Bloomberg reports the inference company was valued at $13B in June after raising $1.5B.
Funding
Filing: Vancouver, WA-based Powerlattice, which makes a power delivery chiplet to reduce AI compute power needs by 50%+, raised $86M (opens geekwire.com)
Powerlattice makes a power delivery chiplet it says cuts AI compute power needs by more than 50%; it raised $31M in 2025.
Funding
Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target (opens wsj.com)
The WSJ reports about $11B committed so far at a $1.25T valuation, below the $30B and $1.4T first targeted; the FT says OpenAI now seeks about $20B as some investors cut commitments amid an AI selloff.
Funding
Google X co-founder Sebastian Thrun raises $130M for AI engineering startup Dulo (opens siliconangle.com)
Dulo, co-founded by Sebastian Thrun, raised $130 million; The Information broke the news and co-founder Adrian Aoun confirmed it.
Funding
Ex-Palantir execs launch Dream with $17M from a16z to build AI world models for construction (opens techcrunch.com)
Dream's world model is trained on more than 100 million square feet of building data from US permit archives.
Funding
Seattle-area startup Group14 raises $169M, plans battery materials factory in Spain (opens geekwire.com)
Group14 plans a battery materials factory in Spain and now expects its delayed Moses Lake factory's first module online in mid-2027.
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