London-based Machenta, which is building an AI model that can teach robots new physical tasks after seeing them performed just once, raised a $40M seed (Rya Jetha/Business Insider)

More in Business

• Dallas-based Disruptive raised $10B to invest in AI, defense, and software, doubling its AUM, and pivots from single-deal SPVs to a discretionary fund structure (Natasha Mascarenhas/Bloomberg)

  The firm has doubled its assets under management (AUM) and is pivoting from single-deal special purpose vehicles (SPVs) to a discretionary fund structure. The firm, founded in 2006, is known for its expertise in technology and has a track record of success in the industry.

  1 min read
• Jim Cramer's top 10 things to watch in the stock market Tuesday

  Broadcom finalized $63 billion in financing for AI chips, and Meta Platforms increased its secondary stock offering, which could lead to more AI-related stock supply in the market. Nvidia invested $3 billion in Meta's equity offering, while Meta expanded its use of Nvidia hardware, including Vera Rubin racks and networking equipment. Celestica, a data center technology maker, reported a big earnings beat and issued 2027 guidance for profits and sales, which is ahead of expectations.

  3 min read
• World Bank's Banga: Availability of capital 'not really an issue' as AI demand drives up borrowing costs

  World Bank President Ajay Banga asserts that capital availability remains robust despite rising interest rates due to AI demand, emphasizing that the issue is not a significant concern. The World Bank's $112 billion mobilization in the past year is three times higher than three years prior, with investments focusing on infrastructure and smaller-scale AI applications in emerging markets, contrasting with developed markets' need for funding for large AI use cases. While AI is expected to be transformative, there ar…

  1 min read