[subscription] FuriosaAI, a South Korean startup that designed AI inference chips for large language models, is raising $500 million or more at a valuation exceeding $2 billion, led by Korean venture firm DSC Investment. The company previously declined an $800 million acquisition offer from Meta.. FuriosaAI. Fwd: FuriosaAI, Nuvacore, D-Matrix Join Chip Funding Spree

[subscription] Bridgepoint agreed to acquire a majority stake in GBA Group, a laboratory testing business based in Hamburg, Germany, from existing backer Ardian.. GBA Group. Fwd: Montagu’s Christoph Leitner-Dietmaier: Carve-out complexity offers advantages; Arlington to take photonics biz G&H private

[subscription] Nasdaq-listed Diodes Incorporated agreed to acquire Hybridge Capital Management-backed Elevate Semiconductor, a San Diego-based developer of integrated circuits for testing equipment, in a $250 million deal.. Elevate Semiconductor. Fwd: Fundless for the win

[subscription] Astromech AI Corp., a spinout of Colossal Biosciences led by CEO Ben Lamm, completed a $40.5M funding round with a $2B valuation in March 2026.. Astromech AI Corp.. Fwd: Money flows to quantum computing | VCs are hiring AI and policy experts

[subscription] Aylight, a Zurich optical laser chip startup, raised a CHF 4.5 million pre-seed round co-led by Elaia and Swisscom Ventures with participation from Verve Ventures and Plug and Play.. Aylight. Chinese AI Models Are Increasingly Displacing OpenAI and Anthropic

[subscription] Elio, a startup building adaptive optical sensors for AI object and material identification, raised a $21 million round co-led by Innovation Endeavors and Xora, with participation from Kevin Weil, Scribble VC, UpWest, and Resolute Ventures.. Elio. Tech Powerhouses Line Up Behind Open-Weight Models

[subscription] General Compute secured $400 million loan from Upper90 backed by inference chips, first-of-its-kind financing reflecting demand for cheaper alternatives to Nvidia GPUs.. General Compute. Report: Meta in Talks to Sell AI Computing Power to Anthropic