Northwood Space secures a $100M Series B and a $50M Space Force contract; plus, AI chip startup Ricursive hits $4B valuation

This is the El Segundo, California-based startup's second raise in less than a year. Also, Ricursive joins Recursive and Unconventional AI in raising massive funds at multi-billion valuations out of the gate. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Industrial AI startup CVector built a brain and nervous system for big industry. Now, founders Richard Zhang and Tyler Ruggles are tasked with a bigger challenge: showing customers and investors how this AI-powered software layer translates to real savings on an industrial scale.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

PopWheels realized its battery swapping network could be used for more than food delivery workers who need to charge their e-bikes. Now, its planning for an "aggressive rollout" this summer. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Started by an engineer who worked on the space shuttle program, and at Blue Origin, Space Beyond has a spot on a 2027 Falcon 9 flight. Learn more about your ad choices. Visit podcastchoices.com/adchoices

OpenAI has reportedly appointed Barret Zoph to lead its push into enterprise just a week after Zoph rejoined the company. Also, Anduril announced its plans to expand its Southern California presence with a major campus in Long Beach, the town where founder Palmer Luckey grew up. Learn more about your ad choices. Visit podcastchoices.com/adchoices

General Fusion's merger with an acquisition company will net the company over $300 million. Just last year, the company ran into trouble raising money from other investors. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Neurophos is taking a crack at solving the AI industry's power efficiency problem with an optical chip that uses a composite material to do the math required in AI inferencing tasks. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Language learning marketplace Preply is now valued at $1.2 billion after raising a $150 million that marks a new chapter for the 14-year-old company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

PraxisPro, founded by a former pharma sales rep, offers small language model AI training specifically designed for medical product sales. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Another raises a $2.5 million seed round led by Anthemis FIL and Westbound to help retailers with off-channel inventory. Learn more about your ad choices. Visit podcastchoices.com/adchoices