10 stories in this blend

Nvidia is aggressively investing cash into third party AI ventures, licensing technology from Poolside and backing startups like Mercor and Perplexity. Industry observers note that Nvidia is reinvesting capital across the ecosystem to sustain demand for its compute hardware.

Josh Kushner, founder of investment firm Thrive Capital, released his first letter to investors describing artificial intelligence as a major technology shift. The document provides insights into how the venture capital firm plans to allocate capital in the sector.

Chip manufacturer Nvidia is in talks to back AI search provider Perplexity in a deal that would value the startup at over $30 billion. Driven partly by its workplace automation tools, Perplexity's annualized revenue has grown from under $250 million to past $750 million this year.

SoftBank backed Swiss technology firm Gravis Robotics with $200 million in funding. The company plans to use the investment to convert conventional heavy excavation and building machinery into autonomous vehicles.
Hardware startup Etched has secured $700 million in fresh investment shortly after shipping its first server hardware to trading firm Jane Street. The funding round doubled the business's market valuation within a single month. The company builds specialized computing hardware designed specifically to run transformer-based artificial intelligence systems.

Venture funding for physical artificial intelligence, robotics, and autonomous transport companies reached $47.4 billion across more than 500 deals in the first half of the year. Large capital raises by autonomous driving and defense technology startups drove the high industry total.

Semiconductor developer Etched raised $700 million in new funding led by investment firm Jane Street, bringing the company to a $21 billion valuation. The firm manufactures specialized hardware designed to accelerate model inference processing.

A survey of 14 venture capital firms identified top robotics prospects, showing strong interest in targeted commercial applications and core software infrastructure over general humanoids. High-ranking startups focus on specific roles like factory surface finishing, power plant inspection, and specialized farming tasks.

Igor Babuschkin raised $1.1 billion in early capital for his new company, River AI, just two months after its inception. The venture focuses on building private software agents that individuals own and execute directly on their personal devices.

Swedish software creation platform Lovable closed a $400 million funding round, doubling its valuation in less than a year. The company's annual recurring revenue is nearing $600 million as users increasingly rely on plain-language prompts to design software applications.