financing

According to Pliant's announcement, the company has completed a $80 million Series C financing round, led by Seaya Nova and Speedinvest, with participation from Illuminate Financial, Motive Ventures, and Molten. The funds will be used for expansion in the United States and Canada, entering more international markets, and accelerating the AI payment roadmap.The company stated that it has doubled its business for three consecutive years, with annual recurring revenue exceeding $100 million, and can open its B2B payment infrastructure to external AI entities such as Claude and ChatGPT through the Model Context Protocol (MCP).

The U.S. Treasury Department announced that the quarterly refinancing scale is set at 125 billion dollars, in line with expectations.The Treasury will auction 42 billion dollars in ten-year Treasury bonds and will offer 25 billion dollars in thirty-year Treasury bonds.

TeraWulf announced that it has signed a credit support agreement with Google to provide financing support for its Justified data center campus project in Hawesville, Kentucky, USA, which corresponds to a long-term lease commitment of approximately $19 billion signed with Anthropic. Google will provide contractual credit support for the expected debt financing, and Alphabet's senior unsecured debt currently holds a rating of AA+ from S&P and Aa2 from Moody's.According to the project schedule, the relevant data centers are expected to begin phased delivery by the end of 2027 and continue into the second quarter of 2028. TeraWulf stated that this agreement will further enhance the project's financing framework and strengthen construction execution capabilities, driving its long-term AI and high-performance computing (HPC) leasing demand into sustainable cash flow.

AI-driven custom manufacturing and real-world asset project RWAI announced the completion of $8 million in financing, with investment institutions including Amber, UOB Venture, Arkstream Capital, Web3Lab, Waterdrip, Moonhill, Basics Capital, Anti Capital, Everwood Capital, and Solarium Investment.RWAI is a custom manufacturing platform that transforms product ideas into physical goods, integrating AI-assisted product planning and design, manufacturer matching, production, quality control, and delivery into a unified process. The platform aims to simplify complex manufacturing processes, helping brands, creators, and individual users turn product concepts into reality. Leveraging existing manufacturing operations and experience, RWAI has launched related services on its mainnet, enabling users to conveniently place manufacturing orders and make on-chain payments in a Web3 environment.Its RWA service also introduces tokenized goods NFTs related to physical products, linking digital transactions with physical delivery. Additionally, RWAI is preparing an airdrop event for community participants. Users can participate by adding "RWAI" to their display names on Telegram and engaging in official community activities. Reward distribution will comprehensively consider user participation, including the duration of retaining "RWAI" in their display names and contributions to discussions related to RWAI. More information regarding the airdrop schedule, participation methods, and reward details will be gradually announced through RWAI's official website and community channels.

According to a report by the Science and Technology Innovation Board Daily, AI inference chip company MoXin Artificial Intelligence Technology (Shenzhen) Co., Ltd. recently announced the completion of nearly 1 billion RMB in C+ round financing, with investors including Renai Capital, Haitang Fund, Dongheng Petroleum, Biqiu Capital, Pala Capital, and Zhongcai Capital. The funds will be used for software and hardware upgrades of sparse dedicated inference chips, research and development of the next generation of chips, and collaborative research between industry and academia in sparse computing. The company disclosed that this financing round occurred about 5 months after the previous round of nearly 1 billion RMB, with a total of nearly 2 billion RMB raised across both rounds.In the C round financing disclosed in May this year, institutions such as Shenzhen Capital Group, Greater Bay Area Common Home, Liding Capital, and Yunsheng Capital participated, while existing shareholders like Kaixuan Venture Capital, Shengjing Jiacheng, and Yanshan Technology continued to invest. MoXin was founded in 2018 and is headquartered in Shenzhen, primarily developing AI inference chips, computing cards, and supporting software for data centers and industry clients. Founder and CEO Wang Wei has a master's background in Electronic and Computer Engineering from Carnegie Mellon University and has previously worked at Qualcomm and Intel.The company has launched computing cards such as the S4, S30, and S40, equipped with one, three, and four self-developed Antoum chips, respectively. The company plans to launch a new generation of computing card SP200 by the end of this year and release an upgraded software stack SECA. According to the company, its inference clusters have been deployed in regions such as Northwest, Southwest, East China, and North China, and partnerships have been established with leading telecommunications operators; revenue is expected to grow several times by the third quarter of 2026, but the revenue amount and growth comparison base period have not yet been disclosed.

AI inference startup Fal, which provides image, video, and audio model hosting services for creators and developers, has completed a new round of financing of $1.3 billion, doubling its valuation from $8 billion in April this year to $16 billion. This round was led by Bessemer Venture Partners, with participation from Nvidia, Sound Ventures, HOF Capital, T. Rowe Price, and others.According to Fal's official blog, this round is the F round of financing, following the E round led by Sequoia Capital. In April this year, the financing amount was $350 million. According to informed sources, Fal's annualized revenue earlier this year had reached $800 million.

Gate Ventures Weekly Report statistics show that 13 financing deals were disclosed last week, with a total disclosed amount of approximately 1.375 billion USD, among which Kalshi raised 1 billion USD.

According to Bloomberg, at the Global Financial Leaders Investment Summit hosted by the Hong Kong Monetary Authority, Wall Street executives stated that capital markets will continue to provide financing for global AI infrastructure development. Morgan Stanley CEO Ted Pick expects that cumulative spending on AI could reach $15 trillion over the next decade, with the largest tech giants potentially investing between $800 billion and $1 trillion annually over the next 7 to 12 years. Pick noted that we are currently about in the third inning of a nine-inning game.Goldman Sachs CEO David Solomon stated that as investors assess the surge in demand for AI and computing power, capital markets still have the capacity to absorb this, and the demand for financing will be strongly met. He reminded that technological supercycles rarely progress in a straight line, and the main constraint on transaction scale is the cost of capital rather than the availability of funds. Pick expects that long-term returns will be sustainable, with productivity gains potentially driving U.S. real GDP growth by 50 to 70 basis points each year. Solomon also mentioned that accountability for AI should ultimately rest with individuals rather than systems.

According to Gelonghui, Xiao Yuanqi, Deputy Director of the China Financial Regulatory Bureau, stated at the Fifth International Financial Leaders Investment Summit hosted by the Hong Kong Monetary Authority that a large influx of capital into the technology sector and leading enterprises has raised the leverage levels in these areas, which may lead to excessive expansion.Xiao Yuanqi mentioned that the excessive concentration of capital has an crowding-out effect on traditional industries, raising the borrowing costs for these enterprises, increasing their financial burdens, weakening their ability to reinvest and expand production, and also increasing credit risks. He believes that policymakers should develop corresponding policy frameworks in advance for the AI-driven economic transformation to strengthen macroeconomic management and prevent economic and financial risks.

Live prediction market CRSHMARKET announced the completion of a $3.5 million seed round financing, led by 6th Man Ventures, with participation from Reciprocal Ventures, Lattice Fund, and Starting Line. The project stated that the funds will be used to build a live prediction market, allowing users to predict the outcomes of live content and settle within 60 seconds.CRSHMARKET officially introduces its product supported by Monad, headquartered in New York, with co-founders including Evan Rama, Param Patel, and Lucas Pichette. The project previously disclosed that, approximately four months after launch, the trading volume exceeded $10 million, the number of users surpassed 50,000, and over 550,000 transactions had been processed, having also completed over $1 million in financing.

According to exclusive reports from Axios Pro, sources say that the computing power trading platform Ornn is negotiating the third tranche of its Series A financing, which could value the computing power trading startup at over $1 billion. If the deal is finalized, Ornn will become the highest-valued startup in the field.This negotiation follows Ornn's completion of the second tranche of Series A financing at a valuation of $800 million, just about four months after it completed its seed round financing. In June of this year, Ornn completed a $33 million seed round financing led by a16z crypto.Ornn primarily builds financial infrastructure for AI computing power, connecting neocloud with the GPU computing power of data centers to buyers willing to sign short-term contracts, and publishes a computing power price index, which has been integrated into Bloomberg terminals. The Intercontinental Exchange (ICE) plans to launch contracts linked to the Ornn computing power price index, but has not yet received regulatory approval.

AI startup Trajectory completed a $45 million Series A funding round with a valuation of $300 million, led by Sequoia, with participation from Nvidia and others.

According to Techfunding News, cryptocurrency high-frequency trading company LO:TECH has completed a $12 million Series A financing round, led by MMC, with participation from Faction, 13 Books Capital, and new investor Atka. The company plans to use the funding to expand into the New York and Singapore markets and further develop trading execution services in traditional finance, digital assets, and prediction markets.LO:TECH was founded by Tim Meggs, Marcus Horsley, and Alex Williams, focusing on high-frequency trading and liquidity provision, capable of executing tens of thousands of trades per second. The company's business includes proprietary trading, market data distribution, and trading technology services, and it has obtained a data distributor license from Kalshi.

According to Brazil's Valor Econômico, Brazil's stablecoin payment infrastructure Bloquo has completed approximately $3.72 million (20 million reais) in financing, led by Crescera Capital and Triaxis Capital. This round of funding will be used to strengthen regulatory compliance and technical architecture, as well as to expand platform operations.Bloquo was established in 2025 and is headquartered in Rio de Janeiro, Brazil. It is a stablecoin-based infrastructure platform that covers cross-border payments, foreign exchange, and trade financing.

Meme token and AI Agent issuance platform Bullshot announced the completion of a $7.7 million financing round, co-led by P2 Ventures and Animoca Brands, with participation from B1 Ventures, Poolz Ventures, Genesis Capital, and other institutions.

As AI mega-scale cloud service providers ignite a global financing boom, the scale of yen bonds issued by foreign entities in Japan has reached a historic high. From April to September, the total amount of yen bonds was approximately 2.5 trillion yen (about 15.9 billion USD), a year-on-year increase of 160%.Google's parent company Alphabet issued yen bonds for the first time in May, with a total of 576.5 billion yen, setting a new historical record.

Global investment company Brookfield has appointed KB Kookmin Bank as the lead arranger for the largest syndicated loan in South Korea's history. The loan amounts to 10.7 trillion Korean won (approximately 8 billion USD) and aims to provide funding support for South Korean tech giant NAVER to procure artificial intelligence chips.

AI reading knowledge network Readora announced the completion of a $6.5 million financing round, with investors including Becker Ventures, GaeaVentures, and Aurumx Capital.Readora is committed to transforming reading behavior into accumulable and reusable intelligent value through AI reading assistance, personalized information discovery, and attention incentives. Currently, Readora's products support BNB Chain (BSC) and Morph, continuously improving the product experience around AI content understanding, intelligent discovery, and reading incentives.As AI technology accelerates its integration into information acquisition and knowledge management, how to efficiently discover valuable information from vast amounts of content and enable users' attention to create long-term value is becoming a new development direction. Readora will continue to promote the construction of AI reading and intelligent discovery capabilities, expand ecological cooperation, and explore more possibilities for the integration of human attention and AI networks.