

South Korea Bets $3.5B on a Homegrown Frontier AI Model
South Korea pledges KRW 4.7 trillion to develop a sovereign frontier model by early 2027, joining the global race to build state-backed AI infrastructure.
VC deals, seed rounds, and late-stage raises shaping the AI economy.


South Korea pledges KRW 4.7 trillion to develop a sovereign frontier model by early 2027, joining the global race to build state-backed AI infrastructure.


Minerva Humanoids raises $10M to build VR-piloted robots for oil rigs and bomb squads, with Chinese competitors banned from the US market.


Minerva Humanoids exits stealth with $10M led by General Catalyst, deploying Roger for EOD and offshore oil rigs. First paid pilots launch fall 2026.


RobCo's $40M secondary sale lifts its valuation from $500M to $1B as physical AI demand surges. Europe's industrial robotics unicorn just went mainstream.


Flow Engineering raised $50M at a $750M valuation to bring AI agents into hardware design, where CAD, simulation, and requirements never worked together.


OpenAI targets $30 billion at a $1.4 trillion valuation, deferring its IPO even as annualized revenue surges past $40 billion and grows 70% since July.


Anthropic S-1 discloses $518 billion in decade-scale infrastructure commitments as it targets a $2 trillion IPO valuation after November elections.


Instinct raised $1B at a $10 billion valuation on Monday, a four-fold jump in thirty days, as personal AI agents enter a winner-take-all race.


Anthropic filed its S-1 showing $4.59B in 2025 revenue, $8.06B in operating losses, and $518B in cloud commitments, eyeing a $2 trillion IPO.


Temporal's $550M Series E at $12.55B proves durable execution is the critical agentic AI layer, as NDR exceeds 200% and customers hit 4,300.


SoftBank secures an upsized $11.87B loan from 20 banks to fund its $64.6B OpenAI bet, even as its own stock collapses 13% on AI fears.


Unitree prices its Shanghai IPO at 150.8 yuan per share, valuing China's first humanoid robot maker at $9 billion to raise $904 million.


Firmus secures $2 billion at a $10.5 billion valuation from Coatue, Nvidia, and Blackstone to build AI factories across Asia-Pacific.


Unitree's 904 million dollar IPO gives China its first publicly listed humanoid robot maker at a 9 billion dollar valuation, subscriptions open August 10.


Firmus secured $2B at a $10.5B valuation from Nvidia and Blackstone to build AI data centers across Asia-Pacific, doubling its valuation in four months.


Unitree Robotics prices its $9 billion Shanghai IPO with DeepSeek and Tencent as backers, as the only profitable humanoid maker enters public markets.


Unitree priced its Shanghai IPO at $9 billion, 45% above forecast, becoming the first profitable humanoid robot maker to trade publicly.


Unitree's $904M Shanghai STAR Market offering becomes the first mainland IPO for humanoid robots as net profit surges 674% and US sanctions loom.


Unitree prices Shanghai STAR Market shares at $9B valuation as DeepSeek locks in $20.8M stake and joint humanoid AI model development pact.


Unitree Robotics prices its STAR Market IPO at $904M, making it China's first mainland humanoid robot maker to go public with 60% gross margins.


Unitree priced China's first humanoid robot IPO at $904M on August 6, while DeepSeek invested $20.8M to jointly develop AI models for robots.


Unitree Robotics starts Shanghai IPO book-building August 5, raising $620M at a $7.4B target valuation despite a July FCC ban blocking US hardware sales.


Valar Atomics closes a $1.2B raise at $6B valuation, backed by Sequoia, after its Ward250 reactor first powered an Nvidia AI chip in July.


Unitree opens $623M IPO book-building on August 5, the first profitable humanoid robot maker to list. US bans won't stop the Shanghai market.


Horizon3's autonomous AI hacker NodeZero raises $250M Series E at a $2B valuation, tripling in value as AI vs. AI threats reshape enterprise cybersecurity.


Unitree opens STAR Market book-building August 5 at a 42 billion yuan valuation with audited profit, the first humanoid robot maker to list publicly.


Intrinsic Power closes seed funding from Kyocera and Drive Catalyst to deploy power orchestration software in data centers as power availability, not GPUs, becomes the new bottleneck for AI scaling.


Together AI closes $800M Series C at $8.3B valuation with $1.15B annual inference bookings, signaling shift from closed APIs to enterprise-controlled open-weight infrastructure.


Sarvam AI raises $234 million Series B at $1.5 billion valuation, with HCLTech leading as India pushes for domestic AI sovereignty independent of U.S. models.


THEKER's $85M raise marks Europe's largest robotics Series A. The Barcelona startup's AI-native factory robots already run inside Inditex lines.


Mistral AI is seeking 3 billion euros at a 20 billion euro valuation, its biggest raise ever, as Europe's AI champion races US and Chinese rivals.


EngineAI files for a Hong Kong IPO at $1.5B, joining China's humanoid robotics wave as Unitree and AgiBot near public markets too.


Bezos reveals Prometheus is not a robot company but a 12B bet to build AI that designs and manufactures any physical product from jet engines to chips.


Neura Robotics' $1.4B Series C backed by Nvidia, Amazon and Tether signals humanoid robots' shift from demos to a funded commercial economy.


Anthropic confidentially filed its IPO S-1 at a $965 billion valuation, surpassing OpenAI for the first time and targeting a fall 2026 debut.


SpaceX prices at 135 a share on June 11 and could join the Nasdaq-100 in 15 days, forcing passive funds tracking QQQ to buy billions in SPCX.


Cognition's Devin AI engineer surpassed 492M in ARR and raised 1B at a 26B valuation, with Goldman Sachs reporting 3x to 4x productivity gains.


OpenAI filed a confidential IPO on June 9, 2026 with 900 million weekly users and a $852 billion valuation, while reframing AI as a partner to humans.


ICEYE raised Euro 450M at a valuation above 10B, doubling SAR satellite production to 100 per year by 2028 on 250M revenue and a 1.5B contracted backlog.


Standard Bots raised $200M at $1B to scale AI-native US factory robots that need no coding, targeting 10% of all new American deployments by 2027.


OpenAI's confidential S-1 targets a $1 trillion public valuation by September 2026, with Goldman Sachs and Morgan Stanley leading the offering.


SpaceX prices its SPCX IPO at $135 per share on June 11 for a $1.77T valuation, even as Morningstar warns the target price is nearly twice fair value.


PhysicsX raises $300M at a $2.4B valuation to replace slow physics simulations with AI models that cut engineering compute from days to seconds.


AlphaSense raises $350M at a $7.5B valuation with $600M ARR, serving 70% of S&P 500 firms and targeting AI market intelligence dominance.


SpaceX sets its IPO price at $135 per share for a $1.77T valuation and $75B raise on Nasdaq June 12, potentially the largest public offering in history.


SpaceX's S-1 reveals $11.4B Starlink revenue and 70% gross margin targets as its $1.75T IPO roadshow begins. Morningstar says it's worth half.


OpenAI files for a fall IPO at up to $1 trillion despite projecting a $14B loss in 2026, as $1.4T in compute commitments define its growth model.


Anthropic's $65B Series H at $965B values Claude above OpenAI as run-rate revenue hits $47B, driven by 1,000 enterprise clients paying $1M-plus annually.


OpenAI's confidential S-1 targets a $1T public debut in Q4 2026, putting it in a direct IPO race against Anthropic's $965B filing a week later.


AI claimed 80% of $300B in Q1 2026 VC as OpenAI, Anthropic, xAI, and Waymo raised $188B alone to shatter every prior venture record.