Harvey, a legal tech startup, raised $150 million at an $8 billion valuation in its third funding round of 2025, more than doubling its value in under a year amid intensifying competition in the legal AI market.
LangChain raised $125 million at a $1.25 billion valuation, achieving unicorn status as it evolved from Harrison Chase's side project for building with LLMs into a full platform offering specialized tools like LangGraph and LangSmith for creating and monitoring agent workflows.
The PyTorch Foundation now hosts Ray, the open source distributed computing framework originally developed by Anyscale. Alongside PyTorch and vLLM, Ray enables scaling workloads from single machines to clusters without requiring fragmented workflows or locking developers into proprietary tools.
Fal.ai, a startup providing infrastructure for hosting multimodal AI models, raised approximately $250 million at a valuation exceeding $4 billion—nearly tripling its value in just three months—driven by explosive demand for video and image generation applications.
Microsoft announced new AI features for Windows 11, including wake and goodbye words for Copilot Voice, global availability of Copilot Vision, and experimental agentic capabilities through Copilot Labs and Windows Insiders that enable autonomous task completion and third-party service integrations.
Supabase, an open-source Postgres development platform competing with Firebase, raised $100M in a Series E funding round led by Accel and Peak XV. With this round, Supabase reached a $5B valuation, representing a more than fivefold increase in value since its Series C in September 2024.
Knapsack raised $10 million in Series A funding to expand its Intelligent Product Engine, which claims to compress product development cycles from months to days through AI-driven, centralized design and code infrastructure.
OpenAI announced interactive apps from major companies like Spotify, Canva, and Zillow that integrate directly into ChatGPT conversations, along with a new Apps SDK for developers to build similar applications.
Firecrawl, an open-source web crawling platform used by 350,000 developers, raised $14.5 million in Series A funding to improve AI's access to web data while building a marketplace that pays content creators when their work is used to train AI systems.
DeepMind's Genie 3 preview; ElevenLabs' Eleven Music launch; Ukraine launches a sovereignty-preserving AI Factory, NVIDIA's new resources for robotics applications; Datumo raises a Series B to become a contender in the training data market; and much more.
Spanish AI startup Multiverse Computing released two ultra-small AI models called SuperFly (94M parameters) and ChickBrain (3.2B parameters) that can run offline on devices from smartphones to IoT appliances while matching or exceeding the performance of their larger parent models.
Estonian medtech startup Better Medicine raised a pre-seed €1M round to expand the EU rollout of its CE-certified AI kidney cancer detection tool and prepare for U.S. market entry. Better Medicine aims to address critical radiologist shortages with its AI-powered lesion detection solutions.