Browsing Tag
General Catalyst
19 posts
Modal valuation jumps 239% as AI infrastructure demand drives $750m Series D
Modal has secured $750 million at a $15.75 billion post-money valuation after its annualized run rate crossed $1 billion, intensifying the race to own the infrastructure layer beneath AI inference, agents and reinforcement learning.
River AI’s $1.1bn war chest: Can a four-month-old neolab crack enterprise AI?
Igor Babuschkin's River AI has landed $1.1 billion with Nvidia and AMD Ventures backing, squeezing closed-source labs on enterprise fine-tuning economics.
Can Intropy turn the spare-parts industry’s spreadsheet problem into an enterprise software opportunity?
The Felix Capital-led seed round will fund Intropy’s product development, artificial intelligence recruitment and United States expansion, but commercial scale will depend on whether customers trust its software to execute operational decisions autonomously.
NVIDIA-backed Together AI secures $800m for inference infrastructure growth
Together AI’s $800 million Series C will fund a major expansion of its open-model cloud, but investors are pricing aggressive growth in bookings, inference demand and computing capacity.
JuliaHub targets industrial digital twins with $65m Series B and Dyad 3.0 launch
Hardware still moves slowly while software races ahead. JuliaHub’s Dyad 3.0 aims to close that gap with agentic industrial AI.
Global Business Travel Group (NYSE: GBTG) jumps 57% on $6.3bn Long Lake Management buyout
Long Lake is paying $9.50 cash for Amex GBT. The 1.8 percent spread says the market trusts the deal closes. The harder question is what it signals next.
Victory Capital sweetens $8.6bn Janus Henderson bid with more cash, challenging Trian’s take-private deal
Victory Capital raised its Janus Henderson bid to $56.84 per share, adding $10 more cash per share in a direct challenge to Trian's $49 all-cash deal. Read the full analysis.
Can Harbor Health’s Rippl deal redefine dementia care economics in Texas and beyond?
Harbor Health acquires Rippl to expand dementia care and strengthen its pay-vider model. Discover what this means for Texas healthcare markets.
Modular bags $250m to build AI’s “hypervisor” — but can it outpace hyperscalers and chip giants?
Modular raises $250M at a $1.6B valuation to expand its unified compute platform. Find out why investors see it as the future of AI infrastructure.
Why Ramp’s $22.5bn valuation has investors chasing the future of AI‑driven expense management
Ramp raises $500M at a $22.5B valuation to scale autonomous AI agents for finance. Find out how Ramp Business Corporation is changing workflows today.