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Microsoft, Google, Amazon, and Meta Back New Data Center Climate Initiative
Some of the world’s biggest tech companies are turning data centers into testing grounds for cleaner infrastructure. Microsoft, Google, Amazon, and Meta are partnering with nonprofit investment firm Elemental Impact to help climate startups pilot technologies such as advanced cooling, energy storage, low-carbon building materials, and other tools that could reduce the environmental strain of AI growth...
Markets & Trends
AI Veteran Richard Socher Raises $650 Million for Self-Improving Software Startup
AI pioneer Richard Socher has emerged from stealth to launch Recursive Superintelligence, a San Francisco-based startup backed by $650 million in initial funding. The new venture aims to construct a recursively self-improving AI model capable of autonomously identifying its own operational weaknesses and redesigning its architecture without human intervention...
Strategy
Indian Travel-Fintech Platform Scapia Secures $63 Million to Accelerate AI Product...
On the heels of an eightfold increase in hotel bookings, Indian travel-fintech startup Scapia has secured $63 million in a Series C funding round led by General Catalyst. The fresh equity, which included participation from existing backers Peak XV Partners and Z47, values the Bengaluru-based company at over $500 million—more than doubling its valuation from last year. The capital injection arrives as transaction volumes spike across India's Tier-2 and Tier-3 cities, cementing Scapia's position as a dominant comprehensive travel ecosystem...
Capital & Transactions
Mercury Hits $5.2 Billion Valuation Following $200 Million Series D Funding...
After capturing one in three U.S. startups as customers, banking platform Mercury has reached a $5.2 billion valuation following a $200 million Series D funding round. Led by investment firm TCV, the round marks a nearly 50% jump from the company's $3.5 billion valuation just last year. As first reported by Inc., the massive capital influx coincides with a dramatic spike in demand, with Mercury's customer applications surging 2.5 times in the first quarter of 2026 compared to the same period a year earlier...
Health & Wellness
Commure Secures $70 Million at $7 Billion Valuation to Automate Administrative...
A recent $70 million financing round has propelled healthcare AI platform Commure to a $7 billion post-money valuation. General Catalyst led the investment, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. The new funding targets administrative expenses in healthcare, an operational cost center that consumes an estimated $1 trillion annually in the U.S. alone...



































