This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory; plus, Glean’s top line crosses $300M as AI budget-cutting becomes its major selling point

Board, the startup building what it calls "together tech" designed to bring people into the same room, has closed a Series A led by Union Square Ventures. Also, a new AI compliance service sits between AI models and end users to flag and replace any messages that might present a compliance problem. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Pacific Fusion's sub-scale prototype delivered enormous amounts of power in a flash, setting the company up for its demonstration power plant. Also, engineering physical systems still depends on human talent, according to Impulse Space president Eric Romo. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media. Also, in a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehicles in development and completed a major acquisition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

South Korean chip startup Xcena is betting that AI's real bottleneck is not compute, but memory. Also, the enterprise AI search startup tripled its annual revenue even as tech giants entered the category. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Insurance tech Corgi announced today an $106 million Series B1 raise, valuing the company at $2.6 billion, just three weeks after announcing a $160 million Series B. Also, Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation, marking what could be the AI startup's final private fundraise before a highly anticipated IPO. Learn more about your ad choices. Visit podcastchoices.com/adchoices

SOND, a startup led by Bose’s former head of sleep products, emerged from stealth with $7M in funding for its AI-powered sleep earbuds. Also, WeRoad, the Milan-based group travel startup, has raised a $58 million Series C round led by Airbnb as it prepares for its first major expansion outside Europe Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stord offers a network of physical warehouses and inventory management software for e-commerce. It bills itself as a sort of anti-Amazon, giving brands "the speed to compete" while still owning their customer relationships. Also, OpenRouter has raised a $113 million Series B led by CapitalG. Its 5x growth in usage over six months indicates the multi-AI-model future is here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maka Kids is building a streaming app for children ages zero to six featuring content designed for healthy development. The startup has now raised $3 million in seed funding to scale its platform. Also, Peec, which helps brands track their presence in AI searches, offers proof of a key trend among European startups. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This young startup is taking on a fragrance industry that hasn’t changed in a almost half century Learn more about your ad choices. Visit podcastchoices.com/adchoices

Biotech company Imperagen announced on Thursday a £5 million ($6.7 million) seed round led by PXN Ventures, with participation from IQ Capital and Northern Gritstone. Also, beauty and wellness booking marketplace Fresha says it has raised $80 million investment from KKR’s Next Generation Technology Growth fund, KKR's growth equity arm. Learn more about your ad choices. Visit podcastchoices.com/adchoices