Bessemer led the Series B, bringing total funding to $153 million as the two-year-old company expands proprietary models and enterprise sales after reporting fourfold revenue growth since leaving stealth.
The Kospi closed 10.8% lower as Samsung and SK Hynix fell more than 13%, spreading semiconductor losses across Asia and the Nasdaq even while most non-chip U.S. stocks advanced.
A $300 million Series C led by Sequoia values Etched at $10.3 billion, backed by $1 billion of booked orders, first client tests and a new 10-megawatt facility—but mass delivery remains the central risk.
The young AI laboratory is discussing a $100 million raise at a $1 billion valuation, supported by performance-based contracts and unverified claims of lower task costs.
Strategic investors led by Pantera Capital bought WLD tokens with a 12-month lockup, directing proceeds to the Cayman-based World Foundation.
Dassault Systèmes confirmed its 2026 outlook after second-quarter revenue growth and announced a $1.8 billion cash acquisition of U.S. life-sciences software company ArisGlobal, with a further contingent payment tied to AI revenue targets. The deal strengthens a pressured life-sciences segment.
The Chinese optical transceiver maker is preparing a Hong Kong listing that could become the city's largest share sale since Alibaba's 2019 offering, with cornerstone demand already covering nearly half of the base deal.
NetApp acquired California-based DataPelago to add GPU-accelerated data processing directly to its storage portfolio. The company said the deal will help enterprises prepare, govern and activate data for AI and analytics without moving it into separate compute clusters.
A consortium comprising AIP, MGX and BlackRock's GIP has closed the $40 billion acquisition of Aligned Data Centers, the largest data center deal in history. The group has also committed an additional $5 billion in growth capital to expand AI-ready capacity across Aligned's 51-campus global portfolio.
TSMC plans to invest an additional $100 billion in U.S. chip manufacturing, bringing total commitments to $265 billion. The world's largest contract chipmaker also raised its 2026 revenue forecast to above 40% after posting record $22 billion quarterly profit, driven by surging AI demand.
