Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits grew from $1.1B in March to $4B now — Erebor Bank is in talks to raise money at a valuation of at least $8 billion, as deposits grow rapidly at the politically connected startup …
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Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B — China's Kling AI has raised an initial $2 billion in venture capital funding as the spinoff from Kuaishou Technology seeks to expand its video AI operations.
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Sources: Anthropic has initiated early-stage development of a custom AI server chip and held preliminary discussions with Samsung about manufacturing the chip — Anthropic has begun early-stage work on its own AI chip and held talks with Samsung Electronics as a potential manufacturing partner …
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Global VC funding hit a record $510B in H1 2026, with OpenAI and Anthropic accounting for $217B, or 43% of the total; in Q2, VCs put $205B into 5K+ startups — Global venture funding reached a record $510 billion in the first half of 2026, surpassing the $440 billion invested in all of 2025 …
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Microsoft establishes an organization with 6,000 staff specializing in engineering, corporate training, and management to support businesses with AI deployments — Microsoft is launching a new AI “company.” It won't be a separate legal entity, and most of its 6,000 people already work at Microsoft.
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