Articles about Funding

• Toronto-based Cohere Inc. and Germany's Aleph Alpha GmbH announced plans to merge, supported by a $600 million structured financing commitment from Schwarz Group. • Cohere, which has raised $1.6 billion since 2019 from Nvidia and others, offers multiple AI models; the Series E deal expects additional investors and closure later in 2026. • The merger combines expertise in enterprise AI, potentially accelerating development amid US-China tech tensions and boosting competitive edge for Western AI firms.

• Anthropic announced a $4 billion Series E funding round on April 25, 2026, with lead investments from Amazon and Google, valuing the AI safety firm at $61.5 billion post-money. • The capital will accelerate development of Claude 4 models and expand enterprise AI infrastructure across US data centers in California and Virginia. • This funding underscores intensifying competition in AI amid regulatory scrutiny, positioning Anthropic as a key challenger to OpenAI's dominance.

• VisionWave Holdings (NASDAQ: VWAV) closed a $20 million senior loan in late February and subsequently completed a $60 million–valued acquisition of AI video intelligence intellectual property, strengthening its technology portfolio. • The acquisition adds significant video AI capabilities to VisionWave's platform and positions the company for expanded market presence in computer vision applications. • These transactions demonstrate continued investor confidence in AI video technology sectors and emerging opportunities in automated visual intelligence.

• Port, an AI startup in cybersecurity, raised $100 million in its third funding round led by General Atlantic, achieving an $800 million valuation. • The funding supports expansion in cloud infrastructure protection technologies. • This round reflects investor confidence in AI-driven defenses against evolving cyber threats in the US market.

Schools say Colorado violated their rights by excluding them from state-funded program over admission policiesSign up for the Breaking News US email to get newsletter alerts in your inboxThe supreme court will hear from Catholic preschools that say Colorado violated their religious rights by excluding them from a state-funded program over their admission policies.The court agreed on Monday to take up the appeal from St Mary Catholic Parish, which is supported by the Republican Trump administration. Continue reading...

• A partial U.S. government shutdown continues, with furloughed federal workers facing delayed paychecks amid congressional deadlock on funding. • The standoff centers on Department of Homeland Security (DHS) appropriations, affecting air travel and federal operations. • Senators discuss a potential deal pairing government funding with long-term bills and a vote on health care tax credit extensions.

• Perplexity AI announced a Series D funding round of $500 million at an $8.5 billion post-money valuation on April 19, led by prominent venture capital firms and strategic investors including Nvidia and Saudi PIF. • The funding will support expansion of Perplexity's AI search engine capabilities, development of enterprise API offerings, and geographic expansion into European and Asian markets with localized language models. • The round positions Perplexity as a serious challenger to Google Search and reflects growing investor confidence in AI-powered search alternatives and conversational information retrieval platforms.

• Databricks announced a Series H funding round of $10 billion at a $43 billion valuation on April 18, led by existing investors including Andreessen Horowitz and Sequoia Capital, to accelerate development of its AI and data platform. • The funding will support expansion of Databricks' lakehouse architecture, which integrates data warehousing and data lakes, and fund aggressive hiring in engineering and sales across North America. • The round positions Databricks as one of the fastest-growing enterprise software companies and signals strong investor confidence in the competitive data infrastructure market dominated by Snowflake and others.

• Satark AI, an India-based cybersecurity startup, raised pre-seed funding at a $4 million valuation to develop an AI-driven decision layer for reducing security alert noise. • The startup focuses on a critical enterprise security challenge: alert fatigue from excessive false positives that can slow incident response and waste analyst resources. • Satark AI's funding demonstrates investor confidence in AI-powered solutions targeting operational efficiency within security operations centers across global enterprises.

• Israeli startup Capsule Security launched on April 15, 2026, with $7 million in funding to secure AI agents at runtime, founded by Naor Paz and Lidan Hazout. • The platform monitors AI agent actions in real time, enforces guardrails during the runtime gap between prompt and execution to prevent manipulation or data exfiltration. • Capsule disclosed two zero-day vulnerabilities in major agent platforms, highlighting risks in current AI security infrastructure.

PM responds to warnings by former Nato chief George Robertson, saying defence spending is increasing rapidlyUK politics live – latest updatesKeir Starmer has said he does not agree with George Robertson’s comments about the government’s “corrosive complacency” on defence funding, as the prime minister faced sustained pressure on the issue.Questioned in the Commons about the warnings by Robertson, the former Labour defence secretary and Nato chief who co-authored a defence review for the government, Starmer insisted that defence spending was increasing rapidly. Continue reading...

• Alcatraz, a physical security startup founded by a former Apple Face ID engineer, completed a $50 million Series B funding round on April 13, 2026. • The company focuses on privacy-first artificial intelligence solutions for the physical security sector, leveraging expertise from its founder's background in biometric technology. • The funding reflects growing investor confidence in AI-powered security solutions and privacy-preserving technology approaches.

Richard Barrons backs George Robertson and says UK forces ‘too small and undernourished for the world that we now live in’Good morning. When Keir Starmer gave evidence to the Commons liaison committee before the Easter recess, and when he made a statement to MPs yesterday on the first day after it was over, he was repeatedly asked when the government will publish its defence investment plan (DIP). On both occasions, he could not give a timetable and would just say it would be published as soon as it was ready.His critics are furious because the DIP, a 10-year plan explaining how the government will fund its commitment to get defence spending up to 3% of GDP by the end of the next parliament, with total national security spending reaching 5% of GDP by 2035, was due to be published last autumn.There is a corrosive complacency today in Britain’s political leadership. Lip service is paid to the risks, the threats, the bright red signals of danger — but even a promised national conversation about defence can’t be started.We are underprepared. We are underinsured. We are under attack. We are not safe . . . Britain’s national security and safety is in peril.Like many others I hung my head in sorrow. But I couldn’t argue with him because although the Royal Navy and the Royal Air Force and the army are, in their bones, outstanding institutions, they are simply too small and too undernourished to deal with the world that we we now live in. And the review says this. Continue reading...

Exclusive: Ministers accused of trying to keep investment firm’s withdrawal from partnership with NatureScot under wrapsA funding deal to raise £100m from private investors for urgently needed nature restoration in Scotland has fallen through without the Scottish parliament being told.The Guardian has learned that Aberdeen, the investment firm, decided to withdraw from a partnership with the agency NatureScot to raise at least £100m for conservation projects from commercial and private investors late last year. Continue reading...

• French cybersecurity funding has undergone a structural shift driven by AI-powered threats, regulatory requirements, and U.S. expansion, with Q1 2026 alone surpassing all of 2025's funding activity. • The sector is emerging as a frontline investment priority, though a government report warns of a €3 billion funding gap over five years for breakthrough technologies needed for future defense. • The acceleration reflects growing global demand for advanced security solutions as AI capabilities reshape both offensive and defensive cybersecurity strategies.

• President released Fiscal Year 2027 budget request on April 10, 2026, proposing 46% cuts to global health programs under a consolidated account aligned with America First Global Health Strategy. • Cuts eliminate funding for HIV prevention like voluntary medical male circumcision, LGBTQ programming, and reproductive health services; also includes 12% NIH budget reduction. • Proposal signals deprioritization of science and research amid administration's rejection of Congress's appropriations power; Congress historically rejects such deep cuts.

Closure comes weeks after former Australian of the Year and advocate for abuse survivors says she lost speaking engagements because of a ‘smear campaign’ against herFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastChild sexual abuse survivor Grace Tame’s foundation has announced it is closing, citing challenges with long-term funding.The former Australian of the Year set up the foundation in 2021 – the year she carried the national honour for her advocacy for abuse survivors and for law reform. Continue reading...

• Anthropic secured $8 billion in its Series E funding round on April 9, 2026, led by Lightspeed Venture Partners with participation from US-based investors including Amazon and Google. • The funds will accelerate development of Claude 4 AI models and expand enterprise AI infrastructure in US data centers. • This round values Anthropic at $61.5 billion post-money, solidifying its position as a leading US AI challenger to OpenAI amid intensifying competition.

• Scale AI raised $1 billion on April 9, 2026, at $2.5 billion valuation from Accel and Founders Fund for US data labeling expansion. • Funding supports hiring 1,000 engineers in San Francisco to improve RLHF datasets for models like Llama 4. • Positions Scale as critical US AI infrastructure player, with CEO Alexandr Wang noting 'data is the new oil.'

• Trent AI, a cybersecurity startup, launched on April 7, 2026, with $13 million in funding to address vulnerabilities in AI agents and their generated code. • The platform deploys four groups of AI agents: one to scan for exploits in code, tools, and infrastructure, and another to rank issues by severity, such as vulnerabilities in financial apps. • Unlike traditional tools designed for conventional software, Trent AI excels at spotting threats in AI workflows, like unnecessary access to sensitive databases.

The partial government shutdown has now lasted eight weeks with Congress on recess until 13 AprilHello and welcome to the US politics live blog.The record-breaking partial government shutdown has now entered its eighth week, with little end in sight.Republican Florida Governor Ron DeSantis has signed into a law a bill that allows the state to designate terrorist groups, then punish those who promote them. Critics say the law will threaten free speech, especially on school campuses. The bill specifics bars the state’s courts from enforcing foreign religious laws, specifically naming Sharia Law. Florida courts enforce secular laws passed in the state, however.Representative Yassamin Ansari, an Arizona Democrat, will introduce impeachment articles next week against defense secretary Pete Hegseth. “Only Congress has the power to declare war, not a rogue president or his lackeys,” Ansari said in a statement.Donald Trump reiterated his threats to bomb Iranian energy and civilian infrastructure if the White House does not reach a deal to reopen the strait of Hormuz 8pm ET today. “The entire country can be taken out in one night, and that night might be tomorrow night,” Trump said during a 90-minute press conference Monday afternoon.District court judges have been increasingly issuing strong rulings challenging the legality of many of Trump’s policies and power grabs, blocking key ones at least temporarily, and sparking angry responses from the president, former judges and prosecutors say.Trump threatened to jail a journalist – or journalists – who reported that a second US airman was missing after being shot down by Iran on Friday in an effort to identify their source. The badly injured airman hid in a mountain crevice to avoid capture before being rescued by a US recovery team that received heavy fire. Continue reading...

• Shield AI, a U.S.-based developer of autonomous pilot platforms, secured $1.5 billion in Series G funding as part of a $2.25 billion capital package on April 4, 2026. • The round values the company at $12.7 billion, a 140% increase in one year, with its Hivemind platform selected by the U.S. military for defense applications. • This funding underscores surging investor confidence in AI-driven defense tech amid rising geopolitical tensions.

Budget proposal released on Friday outlines president’s desire to revive former federal prison in San Francisco BayDonald Trump is asking for $152m to restore Alcatraz, a former federal prison off the coast of San Francisco, according to a budget proposal released on Friday for the 2027 fiscal year.Last May, Trump first called upon the Department of Justice, the FBI and Homeland Security to rebuild the prison. He heaped praise on Alcatraz’s reputation in a Truth Social post. Continue reading...

• Cognichip raised $60 million to develop AI tools that design AI-powered chips, aiming to cut development costs by over 75%. • The round supports innovation in semiconductor efficiency, vital for US AI hardware competitiveness. • It addresses supply chain bottlenecks, promising faster chip production for data centers and edge computing.

Department says it’s received 834 requests for a review of tool’s assessments since it launched in NovemberGet our breaking news email, free app or daily news podcastThere appears to be no legal barrier for a human to override a controversial algorithm that determines financial support for elderly Australians, a Senate inquiry has heard, despite government assessors being banned from doing so.The Integrated Assessment Tool (IAT), introduced in November as part of aged care Support at Home reforms, is used to assess eligibility and assign funding levels for aged care services. Continue reading...

Measure that would fund homeland security but exclude money for ICE could conclude lengthy funding lapseAn end to the partial shutdown of the Department of Homeland Security (DHS) may be in sight, after Congress’s Republican leaders on Wednesday agreed to advance legislation that would fund the majority of the agency’s operations, with the exception of those involved in immigration enforcement.The pact may conclude the longest such funding lapse in US history, which last month caused security lines to stretch for hours at some airports as employees of the Transportation Security Administration (TSA), a subagency of DHS, quit their jobs or called out of work after going weeks without pay. Continue reading...

• A new report warns that hundreds of hospitals serving 6.6 million Americans in 44 states and Washington, D.C., face serious threats from potential Medicaid cuts. • The cuts could force hospitals to reduce services or close, severely impacting healthcare access for lower-income and underserved communities. • Medicaid remains a critical funding source for these facilities, highlighting the broad national implications for public health infrastructure.