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Tag: Funding

Meta partners with XGS Energy to develop a 150 MW geothermal plant in New Mexico

Meta joins XGS Energy to develop a 150 MW geothermal plant in New Mexico, boosting clean energy for data centres.

Coco Robotics secures US$80 million to expand delivery robot services

Coco Robotics raises US$80M to expand its eco-friendly delivery robots. It is backed by Sam Altman and partnered with OpenAI for real-world AI training.

Meta in talks to invest over US$10 billion in Scale AI

Meta may invest over US$10B in Scale AI, marking one of the biggest private AI funding deals and Meta’s largest external AI investment ever.

Atome secures US$75 million funding to boost financial inclusion in the Philippines

Atome secures US$75 million from Lending Ark to expand responsible digital credit access in the Philippines.

Google backs fusion energy again with US$150 million for TAE Technologies

TAE Technologies raises US$150 million from Google and others to push fusion energy closer to commercial use by the early 2030s.

Grammarly gets a US$1 billion boost without giving up ownership

Grammarly raises US$1B in nondilutive funding from General Catalyst, keeping control while boosting growth and AI productivity efforts.

Myriota strengthens Southeast Asia satellite IoT expansion with AUD $25 million funding

Myriota unveils new satellite IoT platforms and secures AUD $25M to drive Southeast Asia expansion and address remote connectivity challenges.

GridCARE launches to solve AI’s growing power challenge

GridCARE secures US$13.5M to speed up AI data centre power access by unlocking hidden grid capacity using AI-based tools.

Airwallex raises US$300 million to push forward global banking expansion

Airwallex raises US$300 million at a US$6.2 billion valuation to scale global banking and fintech solutions.

What you need to know about Mistral AI, the French startup taking on OpenAI

Mistral AI gains attention with Le Chat, new AI models, and strong French support as it challenges OpenAI in the growing AI landscape.

Zhejiang launches major AI investment plan to boost innovation and talent

Zhejiang launches a new AI policy with heavy funding to become a global innovation hub and attract top talent by 2027.

Ringkas secures US$5.1 million to expand AI-powered mortgage platform in Southeast Asia

Ringkas raises US$5.1M to scale its AI-powered mortgage infrastructure and improve home financing access across Southeast Asia.