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Thursday, 29 October 2026
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Seoul-based AI chip startup FuriosaAI raised a $620M Series D at

Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025; South Korea's National Growth Fund contributed $280M

TL;DRSouth Korean AI chip startup FuriosaAI raised $620M, hitting $2.9B valuation to compete with Nvidia.

Why it matters: Government-backed funding signals Asia's push for domestic AI chip alternatives to U.S. dominance.

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1h

the US DOJ has inquired about the impact of Nvidia's Hugging Face deal

DOJ is investigating whether Nvidia's Hugging Face acquisition harms AI competition.

32m

AI coding startup Cognition weighs a new funding round before year's end

AI coding startup Cognition may raise funds at $70B-$80B valuation, up from $48B two months ago.

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Can Frontier Models See Past a Decoy? Elorian Tests Visual Reasoning

AI vision models struggle when decoys distract from the actual task.

22m

Zillow agrees to pay $212.5M to settle an investor class action over

Zillow pays $212.5M to settle lawsuit over failed home-flipping business.

40m

SkyWater Technology Introduces OnRamp Foundry Program and Details SP90

SkyWater launches OnRamp program to help quantum startups manufacture chips on existing production lines.

46m

Google Cloud Closes In on Azure, but Microsoft Wins the Day

Google Cloud revenue is catching up to Microsoft Azure, but investors still favor Microsoft.

52m

Nscale’s Unproven CEO Braves AI Turmoil in Bid for $30 Billion Neocloud

Unproven 32-year-old CEO takes AI startup public during industry chaos.

1h

UbiQD Receives $200,000 New Mexico State Grant

New Mexico startup gets $200K to build quantum light sources that work at room temperature.

1h

Equinix Says Data-Project Barriers Could Boost Its Pricing Power

Equinix says supply constraints could let it raise prices on existing data centers.

1h

Alphabet Shares Tank on Sales Misses Across Core Businesses

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