First Pass

5 stories from 3 sources

AI funding surges across chips, agents, and software

Day’s Recap

Supporting Articles

SambaNova raised $1 billion at an $11 billion valuation just months after another large financing. The deal contrasts with prior market chatter that Intel explored an acquisition around $1.6 billion.

3:16 AMTechCrunch

SambaNova Systems raised $1 billion at an $11 billion valuation. The round signals sustained investor demand for AI infrastructure, including custom chips and systems.

2:45 AMBloomberg Markets

Prime Intellect raised $130 million in a Series A round to scale its "open superintelligence stack" for training and operating AI agents. It sells an end to end platform that bundles compute, large scale reinforcement learning tooling, environments and sandboxes, evaluation, deployment, and continuous improvement for open frontier models.

3:54 PMPYMNTS

Prime Intellect raised a $130 million Series A to build tools that let enterprises train and run their own agentic AI systems. The company positions itself as an alternative to depending on frontier AI labs for agent development and deployment.

12:22 PMTechCrunch

Lovable is in talks to raise about $300 million at a reported $13.2 billion valuation, roughly doubling its prior mark. Menlo Ventures is expected to lead the round.

6:41 PMTechCrunch

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