Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

Amsterdam-headquartered Nebius, which builds full-stack AI infrastructure for tech firms, has secured $700mn in a private equity deal led by Nvidia, Accel, and asset manager Orbis.  The funding comes in…

Continue ReadingNvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

Air taxi startup Vertical Aerospace extends runway with $50mn lifeline

Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup.  The UK-based company — which makes electric vertical take-off and landing (eVTOL)…

Continue ReadingAir taxi startup Vertical Aerospace extends runway with $50mn lifeline

AI startup Gendo — the Midjourney for architecture — secures fresh capital

London-based startup Gendo has secured €5.1mn amid booming demand for its generative AI software built for architects.  British architectural designer George Proud and software engineer Will Jones founded Gendo in…

Continue ReadingAI startup Gendo — the Midjourney for architecture — secures fresh capital