Re:Build Manufacturing raised $2.1 billion from General Catalyst and JPMorgan's Strategic Investment Group, the week's largest deal amid a surge in physical AI and industrial funding.
Chip veteran Jim Keller's Tenstorrent closed a $1.5 billion Series E, the week's largest startup raise, as investors bet big on open alternatives to incumbent AI accelerators.
A Flex spinout just landed $2 billion to build power and cloud infrastructure for AI data centers, revealing where the smartest venture money is really flowing.