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NewzBitsComprehensive coverage and timeline for Raises Billion. Aggregated from 7 sources with 8 articles.
8 articles · 7 sources · Coverage since 3/27/2026
How Raises Billion coverage has developed over time.
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• Elon Musk's xAI closed a $6 billion Series C on April 25, 2026, backed by Sequoia and a16z, to build a 100,000-GPU supercluster in Memphis, Tennessee. • Funding supports Grok-3 development, targeting 5x faster inference than GPT-5, with first phase online by December 2026. • Initiative aims to repatriate AI compute to US soil, creating 1,200 high-tech jobs amid national security concerns over overseas data centers.
cnbc.com
Image: Tech Buzz• Silicon Valley-based Resolve AI secured $40M in Series A extension funding, boosting its valuation to $1.5B to establish Resolve AI Labs focused on AI models optimized for production environments. • The funding supports development of reliable AI systems tailored for enterprise-scale deployment in US tech sectors. • This round highlights investor confidence in Resolve AI's infrastructure for bridging research-to-production AI gaps amid booming demand.
techbuzz.ai• Elon Musk's xAI announced a $6 billion Series C funding round on April 19, 2026, led by Sequoia Capital, valuing the startup at $24 billion post-money. • Funds will expand the Colossus supercomputer in Memphis, Tennessee, to 300,000 Nvidia GPUs for Grok AI training. • Investment accelerates US AI infrastructure race, countering China's advances and supporting domestic chip production.
techcrunch.com• Sequoia Capital announced a $7 billion expansion fund under new leadership specifically targeting late-stage AI startups across the U.S. and Europe. • The fund aims to accelerate growth for mature AI companies navigating scaling challenges in competitive markets. • This massive capital injection underscores surging investor confidence in AI's long-term potential amid rapid technological advancements.
af.net• 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.
techcrunch.com
Image: Crescendo AI• 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.
crescendo.ai
Image: eWeek• OpenAI secured $122 billion in funding, achieving an $852 billion valuation while advancing toward an AI superapp. • The massive round fuels rapid growth and preparations for a potential IPO in the US market. • This positions OpenAI as a dominant force in AI innovation, attracting top talent and resources.
eweek.com
Image: Taipei Times• Taiwan-based DRAM chipmaker Nanya Technology secured NT$78.72 billion (US$2.47 billion) through private share placements from SK Hynix subsidiary Solidigm, Japan's Kioxia, and U.S. companies Cisco Systems and SanDisk Technologies. • Following the investment, SK Hynix will hold a 2 percent stake, Kioxia 2 percent, SanDisk 4 percent, and Cisco 2 percent in Nanya Technology, positioning the company strategically amid the AI boom. • The capital will be directed toward investing in advanced memory manufacturing facilities and production equipment, strengthening Nanya's competitive position in the high-demand semiconductor market.
taipeitimes.com