AI Computer Startup Hits $4.5 Billion Valuation in Seed Round

Unconventional AI has successfully completed a $475 million seed funding round, led by Naveen Rao, the former head of AI at Databricks. This funding has positioned the startup with a valuation of $4.5 billion, marking a significant entry into the AI hardware sector.

Burkay Gur, CEO of fal, announced that the company optimizes Nvidia chips for running AI models in audio, video, and image generation during an interview on Bloomberg Tech. This development follows fal's recent fundraising efforts, highlighting its commitment to leveraging advanced technology in generative media.

GE Vernova Inc. has announced a doubling of its dividend and an increase in share buybacks, signaling strong confidence in the future demand for natural gas-fired power generation, driven by advancements in artificial intelligence. This move reflects the company's commitment to rewarding shareholders amid a favorable market outlook.

Australia is set to implement a ban on social media access for individuals under the age of 16, effective December 10, 2025. This initiative aims to enhance online safety for minors amid growing concerns about the risks associated with social media usage. The move has attracted attention from various governments worldwide, including Denmark and Indonesia, who are considering similar measures.

Unconventional AI has emerged from stealth mode with a significant funding round of $475 million aimed at developing 'biology-scale' AI compute capabilities. This initiative is led by Naveen Rao, a notable figure in the AI sector, and is supported by Databricks, indicating a strong backing for innovative AI technologies.

Tiger Global Management is shifting its venture capital strategy back to smaller funds and a more measured investment pace, which the firm claims has historically yielded its best returns.

President Donald Trump announced plans to sign an executive order establishing a unified regulatory framework for artificial intelligence (AI), aimed at limiting state-level restrictions on the technology. This initiative is expected to be signed this week and is part of Trump's broader strategy to streamline AI regulations across the United States.

Insurance companies have significantly increased their investments in artificial intelligence-related stocks during the latter half of the year, capitalizing on the surge in share prices. This trend indicates a strong belief in the potential of AI technologies to drive future growth and profitability.