#funding

Benchmark's partners admit AI is eroding VC's rule against backing rivals. Khosla Ventures backs both Factory and Cognition, and that feud already went public.

The SEC cleared Agility Robotics' $2.5B SPAC merger, putting the Digit maker on track for Nasdaq. Its 2025 sales: $1.8M, against a $140M operating loss.

Ramp reportedly raised $1.85B at a $60B valuation, up from $44B in June. Its old rival Brex sold to Capital One for $5.15B. Same market, roughly a 12x gap.

Together AI closed an $800M Series C at an $8.3B valuation to run open-source models like DeepSeek and Kimi cheaper than OpenAI and Anthropic can run their own.

Israeli AI startup Decart just raised $300M to let developers run models on any chip. NVIDIA joined the round — because sometimes you have to bet on your own disruption.

Recursive Superintelligence just raised $650M to build AI that autonomously rewrites itself. Here's why this is the most consequential bet in tech right now.

The New York AI video company raised $308 million to expand Runway Studios and fund research, days after launching its Gen-4 model. Bloomberg put the valuation at about $3 billion.