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www.axios.com
Sources: Airwallex raised new funding led by Lee Fixel's Addition at a ~$12B valuation, up from $8B late last year, and hit $1.5B in ARR, up from $1B in October
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www.axios.com
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2026-5-29
Fonoa, which helps enterprises manage indirect tax compliance, raised a $110M Series C led by Headline and acquired PwC's Indirect Tax Edge platform
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www.axios.com
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2026-5-29
Tax
Anthropic says it expects Mythos-class models to be available to all customers “in the coming weeks” following the development of stronger safeguards
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www.axios.com
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2026-5-29
Saris, which builds AI agents to automate back-office work for banks and credit unions, raised a $28.8M Series A led by 8VC
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www.axios.com
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2026-5-29
AI
Source: Groq is raising ~$650M from existing investors; the AI chipmaker earlier signed a $20B Nvidia licensing deal that saw much of its senior team depart
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www.axios.com
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2026-5-29
AI
Nvidia
OpenAI announces partnerships to combat election misinformation, offering cybersecurity products to state officials and backing legislation to curb deepfakes
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www.axios.com
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2026-5-28
Tensormesh, whose inference platform uses KV caching to reduce costs, raised a $20M seed extension, bringing its total funding to $24.5M
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www.axios.com
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2026-5-28
DC-based Airis Labs, which uses AI to convert visual data to law enforcement intelligence, emerges from stealth with a $31M Series B, for $60M in total funding
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www.axios.com
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2026-5-27
AI
Intelligence
Biohub, the Mark Zuckerberg and Priscilla Chan-funded institute, releases a protein-structure prediction model and more, calling it “a world model” of proteins
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www.axios.com
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2026-5-27
Zuckerberg
Demis Hassabis says he still broadly expects AGI around 2030, though he now sees 2029 as a possibility, and 2026's “agentic era” is a “bit like a practice run”
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www.axios.com
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2026-5-27
Sources: Bond Capital is leading a new investment for AI startup Suno, which would value it at ~$5B, up from $2.45B last fall; Suno is expected to raise $250M+
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www.axios.com
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2026-5-27
Startup
AI
Farther Finance, which is building an AI-enabled wealth management platform for financial advisors, raised a $150M Series D at a $1B+ post-money valuation
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2026-5-23
AI
Sources: Trump delayed signing the AI EO because “he just hates regulation”; he spoke with Mark Zuckerberg, Elon Musk, and David Sacks just prior to the delay
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2026-5-22
Trump
AI
Elon Musk
Zuckerberg
Memo: the White House postpones a planned ceremony this afternoon for Trump to sign a new EO on AI and cybersecurity; major tech CEOs were invited to attend
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www.axios.com
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2026-5-22
Trump
AI
SpaceX S-1: Anthropic is paying SpaceX $1.25B/mo. until May 2029 under their compute deal; Anthropic says it's expanding the deal to include Colossus 2 capacity
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www.axios.com
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2026-5-21
SpaceX
Sources: a draft White House EO would create a “voluntary framework” for AI companies to give government agencies early access to models before public release
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www.axios.com
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2026-5-20
AI
Boston-based CircuitHub, which manufactures circuit boards based on customers' requirements, raised a $28M Series A led by Plural
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www.axios.com
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2026-5-20
Sundar Pichai says Google is now processing 3.2 quadrillion tokens per month, up from 480T tokens per month a year ago and 9.7T tokens per month two years ago
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www.axios.com
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2026-5-20
Google
Andrej Karpathy joins Anthropic to help launch a team focused on using Claude to accelerate pre-training research; he helped found OpenAI and worked at Tesla
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www.axios.com
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2026-5-20
Tesla
Relay, which builds banking and money management software for small businesses, raised $50M; it previously raised ~$51.5M, including a $32.2M Series B in 2024
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www.axios.com
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2026-5-20
Unframe, which customizes AI apps for enterprises via pre-built modular components, raised a $50M Series B led by Highland Europe, for $100M in total funding
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www.axios.com
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2026-5-19
Europe
AI
Dust, which helps enterprises design and deploy specialized AI agents that work alongside humans, raised a $40M Series B led by Abstract and Sequoia
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2026-5-18
AI
Steve Bannon and 60+ Trump allies sign a Humans First-led letter urging Trump to mandate government testing and approval of powerful AI models before release
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2026-5-18
Trump
AI
Bannon
New York City-based GovWell, which uses AI to streamline government processes like permitting and licensing, raised a $25M Series A led by Insight Partners
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www.axios.com
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2026-5-18
AI
New York
German quantum MRI imaging startup NVision raised a $55M Series B led by Abbott at a $250M to $300M valuation, and plans a $100M+ Series C later in 2026
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www.axios.com
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2026-5-13
Germany
Startup
Quantum
Source: Robinhood has filed confidentially for its second publicly traded venture fund, Robinhood Venture Fund II, focusing on early-stage startups
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2026-5-12
Startup
OpenAI is rolling out GPT-5.5-Cyber, a security-focused variant of the model, in a limited preview capacity to vetted cybersecurity teams
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www.axios.com
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2026-5-8
Anthropic's SpaceX deal helps it address a severe compute deficit and comes amid Elon Musk's OpenAI lawsuit; Grok never grew to utilize xAI's Colossus 1
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www.axios.com
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2026-5-7
Elon Musk
SpaceX
Anthropic says it signed a deal with SpaceX to use “all of the compute capacity” at Colossus 1, giving it access to over 300 MW of new capacity within the month
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www.axios.com
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2026-5-7
SpaceX
Nace.AI, which lets companies build specialized AI models tailored to their business' mission and language, raised a $21.5M seed led by Walden Catalyst
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www.axios.com
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2026-5-6
AI
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