Tags: Series C funding

ScaleOps, a startup that automates the management of cloud and AI infrastructure, announced a $130 million Series C financing round led by Insight Partners. The company’s software claims to cut cloud and AI costs by up to 80% by dynamically reallocating compute resources in real time. Founded in 2022 by former Run:ai engineer Yodar Shafrir, ScaleOps targets enterprises running Kubernetes‑based workloads and counts Adobe, Wiz, DocuSign, Salesforce and Coupa among its customers. With the new capital, the firm plans to expand its product suite and accelerate global growth. Ler mais

French AI startup Mistral AI announced the release of Devstral 2, a new generation coding model, alongside Vibe CLI, a command‑line interface designed to automate code tasks through natural language. The company highlighted the model’s size, hardware requirements, and open‑source licensing options, and noted that Vibe CLI can maintain persistent history and scan file structures to provide context‑aware assistance. Partnerships with Kilo Code, Cline, and Zed were mentioned, as well as the continuation of Mistral’s growth after a recent funding round led by ASML. Ler mais

Suno, the AI‑powered music platform that lets users generate songs from text prompts, announced a $250 million Series C financing that pushes its post‑money valuation to $2.45 billion. The round was led by Menlo Ventures and included Nvidia’s venture arm NVentures among others. Suno now reports $200 million in annual revenue and offers both free and paid subscription tiers for creators. At the same time, the company is fighting lawsuits from Sony Music, Universal Music and Warner Music, which allege the startup trained its models on copyrighted material without permission. The legal challenges highlight the broader uncertainty surrounding AI training data while investors remain bullish on Suno’s growth potential. Ler mais

Nvidia CEO Jensen Huang visited the United Kingdom to announce a £2 billion AI investment pledge aimed at strengthening the country’s startup ecosystem. As part of this commitment, Wayve, a UK‑based self‑driving technology firm, signed a letter of intent to evaluate a $500 million strategic investment for its next funding round. Nvidia has already participated in Wayve’s $1.05 billion Series C round. The partnership deepens Wayve’s use of Nvidia hardware, from its Generation 2 platform that runs on Nvidia GPUs to the new Generation 3 system built on Nvidia Drive AGX Thor, positioning the startup for broader commercial rollout. Ler mais