Sources: AI robotics startup Physical Intelligence raised $600M led by CapitalG at a $5.6B valuation, with participation from Jeff Bezos, Lux, Thrive, and more (Shirin Ghaffary/Bloomberg)

Kalshi, a prediction market platform, has successfully raised $1 billion in funding led by Sequoia and CapitalG, resulting in a valuation of $11 billion. This funding round comes less than two months after the company announced a $300 million fundraising at a $5 billion valuation. The significant increase in valuation reflects strong investor confidence in Kalshi's business model and growth potential.

Kalshi, a rapidly growing prediction betting market, has achieved a valuation of $11 billion after successfully raising $1 billion in a funding round led by Sequoia and CapitalG. This significant capital influx reflects strong investor confidence in Kalshi's business model and growth potential.

Twenty, a startup utilizing artificial intelligence to assist US military hackers in penetrating adversary computer networks, has successfully raised $38 million in a Series A funding round led by Caffeinated Capital. This investment aims to enhance the capabilities of military cyber operations.

Physical Intelligence, a robotics startup focused on developing AI software for robots, has secured $600 million in funding, raising its valuation to $5.6 billion. The funding round was led by CapitalG, Alphabet Inc.'s independent growth fund, with participation from existing investors including Lux Capital, Thrive Capital, and Jeff Bezos.

The CSA has announced that the Matter smart home standard will support video cameras for the first time with the upcoming Matter 1.5 update. However, major players like Amazon and Google have not yet committed to making their cameras interoperable with this new standard.

Incode Technologies Inc., an identity verification platform, is reportedly in preliminary discussions to raise between $150 million and $300 million from investors. The company aims for a valuation of up to $3 billion, significantly increasing from its previous valuation of $1.25 billion in 2021.

Yann LeCun, a prominent figure in artificial intelligence and head of Meta's AI research lab, has announced his departure from Meta at the end of 2025. He plans to establish a new startup focused on advanced machine intelligence research, with Meta remaining as a partner. This move marks a significant transition for both LeCun and the company as it navigates changes in its AI leadership.

Elon Musk announced that his artificial intelligence startup, xAI, plans to develop a 500 megawatt data center in Saudi Arabia in collaboration with the state-backed AI startup Humain. The data center will utilize Nvidia chips, marking a significant investment in the region's AI infrastructure.