Collective, which uses AI to automate bookkeeping for solo business owners, raised a $40M Series B and $60M in nondilutive capital from GC's Customer Value Fund
Collective, a financial services platform for solo business owners, secured $100 million in financing, CEO Hooman Radfar tells Axios.
Chicago-based Formic, which provides robots-as-a-service automation to manufacturers, raised $50M, including a $40M Series B and $10M in asset-backed financing
Formic, a physical AI commercialization platform, raised $50 million in financing, CEO Saman Farid tells Axios exclusively.
OpenAI acquires Orchestra Bio, which builds AI agents to help manage drug development, and plans to integrate the tech into Rosalind, its life sciences AI suite
OpenAI has acquired Orchestra Bio, a startup building AI agents to help pharmaceutical companies manage drug development, the ChatGPT maker shared exclusively with Axios.
OpenAI acquires Orchestra Bio, which builds AI agents for managing drug development, and plans to integrate its tech into OpenAI life sciences suite Rosalind
OpenAI has acquired Orchestra Bio, a startup building AI agents to help pharmaceutical companies manage drug development, the ChatGPT maker shared exclusively with Axios.
Source: the US FTC issues ~50-page civil investigative demands to OpenAI and Anthropic over safety incidents, safeguarding practices, and consumer protection
- The FTC sought documents from Anthropic and OpenAI with the scope of the probe focused on potential consumer protection violations, a person familiar told Axios.
Meanwhile, a Sam Altman-backed bitcoin life insurance provider, raised $37.5M led by Bain Capital, sources say at a $350M valuation, up from $190M in April 2025
Meanwhile, a Sam Altman-backed company offering life insurance in bitcoin, raised $37.5 million in funding, CEO Zac Townsend tells Axios exclusively.
Gallatin AI, which uses AI to digitize and streamline military logistics data, raised a $50M Series A, bringing its total funding to $70M
Gallatin AI raised a $50 million Series A, with defense-tech frequent fliers 8VC and Silent Ventures pitching in, CEO Woody Glier told Axios.
Sources: President Trump hosted Dario Amodei at a private White House dinner on Sunday, their first one-on-one meeting and an indication of thawing relations
President Trump plans to host Anthropic CEO Dario Amodei at a private White House dinner on Sunday evening, sources familiar told Axios.
Sources: Trump plans to host Dario Amodei at a private White House dinner on Sunday, an indication of thawing relations; Trump personally invited Amodei
President Trump plans to host Anthropic CEO Dario Amodei at a private White House dinner on Sunday evening, sources familiar told Axios.
Mithrl, which integrates its proprietary biomedical world model with the R&D systems of pharmaceutical companies, raised a $20M Series A led by Obvious Ventures
Mithrl, an AI infrastructure company for biopharma, raised a $20 million Series A, CEO Vivek Adarsh tells Axios exclusively.