funding round
4 published articles
Record round
Mistral AI just raised €600 million. The pressure to convert it starts now.
Mistral AI just raised €600 million in a record funding round led by General Catalyst, becoming France's most valuable AI startup. The pressure to turn that capital into market share starts now.
2026-07-11
Funding round
Ollama raised $88 million to make open models boring. That is the whole point.
Ollama raised $88 million from Benchmark and Docker founder Solomon Hykes to scale its open-model platform, now used by 8.9 million developers and 85% of the Fortune 500. The bet: make local AI ownership as boringly easy as Docker made containers.
2026-07-09
Funding Round
Together AI raises $800 million at an $8.3 billion valuation as open source AI infrastructure booms
Together AI announced an $800 million Series C at an $8.3 billion valuation, led by Aramco Ventures with participation from NVIDIA and others. The company claims annual bookings exceeded $1.15 billion last quarter, driven by enterprise adoption of open source AI models.
2026-07-02
AI Infrastructure
Groq raises $750M as inference demand surges, partners with DOE and Saudi Arabia for global expansion
Groq secures $750M in funding amid rising inference demand, partners with the U.S. Department of Energy and Saudi Arabia, and expands data centers globally, positioning itself as a next-generation AI infrastructure player.
2026-07-01