
AI chip startup MatX, founded by two former Google semiconductor engineers, announced a funding round exceeding $500 million to accelerate development of GPUs that challenge Nvidia’s market dominance. The round was led by Jane Street and Situational Awareness, with participation from Marvell, NFDG, Spark Capital, and Stripe co‑founders Patrick and John Collison. MatX’s valuation now sits at several billion dollars, underscoring investor confidence in alternative AI hardware. The capital will fund tape‑out, manufacturing, and ecosystem building.

Peak XV Partners, the former Sequoia Capital India arm, announced it has raised $1.3 billion across three new funds to invest in artificial intelligence and consumer startups in India and Southeast Asia. The capital will bolster the firm’s growth fund and...
Battery Ventures announced it has raised $3.25 billion in commitments for its new venture fund, one of the largest fundraises for a tech‑focused investor this year. The capital will be deployed to back early‑stage and growth‑stage technology companies across multiple sectors.
MTN Group announced it will acquire the remaining stake in IHS Towers, valuing the transaction at $2.2 billion and bringing its total investment in the tower operator to $6.2 billion. The deal gives MTN full control of IHS Towers' African infrastructure assets,...

Egyptian e‑commerce startup Breadfast closed a $50 million pre‑Series C financing round. Investors include the UAE sovereign wealth fund Mubadala, a Saudi billionaire family and Japan’s SBI Investment Co., supporting Breadfast’s plans to expand across Africa.

Blackstone Inc. is investing $200 million in AI startup Anthropic PBC, raising its stake to roughly $1 billion at a $350 billion valuation. The investment is part of Anthropic’s ongoing funding round, which has already more than doubled its initial $10 billion target amid...

Bain Capital is offering to sell about 9.4 million shares of laser‑equipment maker Coherent Corp in an unregistered block trade valued at up to $2.3 billion, at $237.50‑$240 per share, a discount to the recent closing price. Bank of America is leading...

German chipmaker Infineon Technologies AG raised €2 billion via a euro‑denominated debt issuance, marking its first such financing in a year. The debt, spanning five, eight and eleven‑year maturities, aims to fund the company's ambitious artificial‑intelligence initiatives.