AI Startups Secure Over $100M in Funding

- Stacks' Series A funding was led by Lightspeed Venture Partners, with participation from existing investors General Catalyst and EQT Ventures. The company has onboarded over 30 enterprise customers and claims its AI platform has saved finance teams more than 100,000 hours annually. - Mirai's seed round was led by Uncork Capital and co-founded by the entrepreneurs behind the popular AI apps Reface and Prisma. The company is developing a proprietary inference engine, written in Rust and initially optimized for Apple Silicon, to make it easier for developers to run AI models directly on user devices. - Freeform's Series B included investment from NVIDIA's venture arm, NVentures, and Founders Fund. The company, founded by former SpaceX engineers, will use the funds to develop its next-generation "Skyfall" manufacturing platform, which is expected to increase production capacity by 25 times. - Freeform's "AI-native" manufacturing approach leverages NVIDIA GPUs for real-time simulations and machine learning to optimize the metal 3D printing process. This strategy is part of a broader industry trend sometimes referred to as "Physical AI." - Mirai's on-device AI technology aims to address the high costs and latency issues associated with cloud-based AI processing. The startup plans to expand its support beyond Apple Silicon to include other hardware and additional AI functionalities like voice and vision. - Anthropic recently closed a massive $30 billion Series G funding round, pushing its valuation to an estimated $380 billion. This funding, co-led by GIC and Coatue, is the second-largest venture capital deal of all time. - Anthropic reports a run-rate revenue of $14 billion, which it claims has grown tenfold annually for the last three years. The company counts eight of the Fortune 10 companies as customers for its Claude AI models.