Wabi, an AI app that builds mini apps and now describes itself as a personal agent, said it raised $55 million at a $1.25 billion valuation. The announcement was published on Thursday, October 29, 2026. The round values the company at $1.25 billion.
OpenAI is nearing the close of a new funding round of up to $30 billion, according to The Decoder. To secure the round, the company lowered its valuation target. The report gives no further details on the specific valuation figures, investor identities or terms.
According to sources familiar with the matter, Parloa, a German startup that develops artificial intelligence for customer service, is seeking a new round of financing at a significantly higher valuation than its approximately $1 billion valuation fr<!--autointro-->
Anthropic is currently in negotiations with London-based startup Fractile to procure its inference chips, which are expected to enter mass production and be deployed in data centers as early as next year. Founded in late 2022, Fractile's core tec<!--autointro-->
Stockholm/New York — NVIDIA's venture capital arm, NVentures, has made its inaugural investment in the legal AI sector, participating in a $50 million Series D extension for Swedish legal tech startup Legora. This strategic move further soli<!--autointro-->
