Bezos-backed Prometheus reaches a 41 billion dollar valuation
Prometheus is raising huge sums for engineering AI, betting that model-driven design can reshape manufacturing and complex physical products.
Industrial AI News and Analysis
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PhysicsX raises $300M for industrial physics AI
PhysicsX raised a $300 million Series C led by Temasek, valuing the UK startup at about $2.4 billion.
PhysicsX raises $300M to build large physics models
London-based PhysicsX has raised $300 million at a valuation of about $2.4 billion, with Temasek leading and Nvidia, Siemens and Applied Materials joining to back AI-driven engineering simulation.
PhysicsX raises $300 million for large physics models
The F1-rooted startup says its physics AI can shrink simulations from hours to seconds, drawing Temasek, Nvidia and industrial backers into a $2.4 billion valuation.
PointFive raises $60 million to cut AI waste
The Israeli startup says enterprise AI spending is rising fivefold and its DeepWaste engine can find cloud and inference waste that ordinary tools miss.
Terra AI raises $20M to speed mineral exploration
Terra AI models underground geology to improve drill targeting for copper, gold and rare earth exploration, with BHP Ventures joining the round.
Mistral acquires Vienna physics simulation startup Emmi
Mistral AI has acquired Emmi AI, a 30-person Vienna-based startup specializing in physics simulation neural networks, marking its second acquisition in three months.