Latest Startups & Entrepreneurship News
Etched.ai Raises $500M for Transformer-Specific AI Chip
Cupertino-based Etched.ai secured $500M in funding, bringing total to $625.4M, backed by Palantir, Peter Thiel, and others. The startup develops Sohu, a chip optimized for running transformer models. This reflects surging demand for specialized AI hardware alternatives to Nvidia.
Defense Unicorns Secures $136M for National Security AI Software
Colorado Springs-based Defense Unicorns raised $136M, totaling $171.5M, from investors like Sapphire Ventures and Valor Equity Partners. The startup provides open-source software and AI for defense systems. It highlights booming defense tech funding, the best year ever in 2025.
Onebrief Lands $200M for AI-Powered Military Planning Platform
Honolulu-based Onebrief raised $200M, reaching $311M total, backed by General Catalyst and Salesforce Ventures. The platform aids operational planning and decision-making for military teams. Investors show strong conviction in AI for defense applications.
FuriosaAI Seeks $500M Funding Ahead of IPO
South Korea’s FuriosaAI is raising up to $500M to challenge Nvidia in AI accelerators for inference and training. The move underscores high demand for cost-effective AI hardware alternatives.
It positions the firm in the booming AI chip fundraising category.
Salesforce Expands Startup Program to Malaysia and Philippines
Salesforce launched its AI-powered startup program in Malaysia and Philippines, offering products, mentorship, and go-to-market support. It now covers five ASEAN/South Asia markets, supporting 435+ startups including 230 AI-first ones.
Leaders cite thriving ecosystems for global scaling.