3 in Finance

6/25: EvolutionaryScale (New York, NY), developer of biology artificial intelligence models intended to design therapies, raised $142M of seed funding. The round was led by Lux Capital, with Amazon Web Services and Nvidia GPU Ventures also participating. (Link)

6/24: Preligens (France), developer of an AI-driven operating system designed to enhance operational decision-making, reached an agreement to be acquired by Safran Group (PAR: SAF) for $237M. (Link)

6/11: Mistral AI_ (France), developer of open-source, large language AI models, raised $640M in Series B funding in a deal led by General Catalyst, valuing the startup at $6B. (Link)

3 for Fun

Nvidia and Dell partner to build an AI factory for Elon Musk’s xAI. (Link)

ByteDance is working with Broadcom to develop Advanced AI chip. (Link)

Apple rejects integration of Meta’s AI services. (Link)