Luminance bets on in-house AI over 'rented intelligence'
UK legaltech Luminance, fresh from a £56.8m round, argues that building its own AI models beats renting frontier intelligence on margins and accuracy.
Tag: funding
13 articles tagged funding
Anthropic hits $965bn valuation, overtaking OpenAI
Anthropic raised $65bn in a Series H round at a $965bn post-money valuation, leapfrogging OpenAI to become the world's most valuable AI start-up.
Recursive emerges from stealth at £3.5bn valuation with £480m round
London-based Recursive Superintelligence, founded by alumni of OpenAI, DeepMind and Meta AI, has come out of stealth at a £3.5bn valuation on a £480m round.
Isembard raises £37m to scale AI-powered precision manufacturing
Hardware startup Isembard secures £37m Series A to expand its network of high-precision factories using its MasonOS AI operating system, targeting 25 sites by end of 2026.
Nscale raises £1.5bn as Sheryl Sandberg and Nick Clegg join board
British AI data centre firm Nscale raises £1.5bn ($2bn) in new funding, appoints former Meta executives to its board, and sees valuation soar to £11bn ($14.6bn).
UK AI firm Nscale raises £1.6 billion in Nvidia-backed funding round
British AI infrastructure company Nscale valued at £11.7 billion after $2 billion Series C round led by Norway's Aker and 8090 Industries.
London HR Startup Kinfolk Raises £7 Million for Agentic AI Platform
AlbionVC-led round backs Slack and Teams-integrated AI agents that autonomously handle 80% of routine employee requests for companies including Deliveroo.