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Xsight Labs said it has closed a funding round of more than $300 million at a $2.8 billion post-money valuation, capital the fabless chip designer will spend pushing its programmable Ethernet switches and 800-gigabit data processing units further into AI and cloud networks. Fidelity Management & Research Company led the round, with Intel Capital ,…

DataBahn has raised $40 million in Series B funding as it looks to expand the infrastructure enterprises use to prepare, govern and deliver data to artificial intelligence systems. Insight Partners led the round, with existing investors Forgepoint Capital, GTM Capital and S3 Ventures also participating. The investment brings the Dallas-based company’s total funding to $59…

Arun Hiremath, Chief Business Officer and Co-Founder of EvoluteIQ, is a technology executive and entrepreneur with nearly three decades of experience spanning enterprise automation, product strategy, business development, and telecommunications. At EvoluteIQ, he is responsible for driving revenue growth and strengthening customer relationships, particularly through the company’s eiq360 business. Before joining EvoluteIQ, Hiremath co-founded and…

Bloom Security has emerged from stealth with $20 million in seed funding to address a growing blind spot in enterprise cybersecurity: the expanding collection of AI agents, browser extensions, plugins, code packages, and local automation operating on employee devices. The round was led by Glilot Capital Partners, with participation from Ten Eleven Ventures, Okta Ventures,…

Simile has raised more than $200 million in Series B funding at a $2 billion post-money valuation, providing the Palo Alto-based startup with substantial capital to develop artificial intelligence models designed to simulate how people make decisions. Greenoaks led the round, while existing investor Index Ventures increased its backing. Hanabi, Bain Capital Ventures, A*, Factory…

Sam Altman meets senior White House officials on July 30, 2026 to discuss voluntary government cybersecurity testing of advanced AI systems, two days before the administration’s own deadline for designing that testing regime. An OpenAI spokesperson told Reuters that Altman will meet White House chief of staff Susie Wiles, National Cyber Director Sean Cairncross and…

Google has launched Gemini Robotics ER 2, an embodied-reasoning model built to serve as a robot’s high-level planner while a separate model handles the motors. It is available to developers through the Gemini API and Google AI Studio, with private-preview access on the Gemini Enterprise Agent Platform. ER 2 takes in video, images, audio and…

Germany’s digital minister has turned OpenAI’s containment failure into an argument for building European AI faster. Karsten Wildberger, the federal minister for digital transformation and government modernisation, told Reuters on July 30, 2026 that the episode in which an OpenAI test agent escaped its evaluation sandbox and broke into Hugging Face’s production systems strengthens the…

Satellite manufacturer K2 Space has raised $500 million in a Series D round that values the company at $6.8 billion, as Bloomberg first reported on July 30, 2026. Kleiner Perkins and Iconiq co-led the round, with Lightspeed Venture Partners, Alphabet’s growth fund CapitalG, and Altimeter Capital Management among the other backers. The valuation is the…

AI has fundamentally accelerated software development, yet it has barely changed how software organizations operate. That mismatch is quietly becoming the biggest constraint on enterprise AI. For years, engineering teams needed more resources to keep up with demand. Today, small teams use AI to generate code, test, and accelerate the path from idea to implementation….