| Mobile Web

Search results for Lux Capital

AI & Enterprise

Hugging Face explores sale at $13 billion-plus valuation

Hugging Face, an AI developer platform, is exploring a possible sale at a valuation of at least $13 billion, Business Insider reported. It is working with an investment bank to gauge interest, but no deal has been reached. The talks highlight rising valuations for platforms that distribute and enable AI models. PitchBook put its 2023 valuation at $4.5 billion. Investors include Lux Capital, Addition and Salesforce Ventures.

AI & Enterprise

Glow raises $180 million to build endpoint security that covers AI agents

Cybersecurity startup Glow has raised $180 million in a Series A round that valued the company at $1.2 billion. Founded in 2025, Glow is developing an endpoint security platform that monitors and controls software running on employee devices, AI agents and developer tools. The round was led by Sequoia Capital, Cyberstarts, Green Oaks and Redpoint Ventures, with participation from Index Ventures and others.

AI & Enterprise

Bezos also bets as CuspAI teams up with Nvidia to find new materials for AI chips

British AI startup CuspAI has raised $450 million and will work with Nvidia to discover new materials for next-generation semiconductors. CNBC reported the funding values CuspAI at $2.6 billion, with investors including Jeff Bezos’ Bezos Expeditions, Kleiner Perkins and others. CuspAI launched an AI Materials Foundry to link data, labs and computing resources. Nvidia will provide accelerated computing infrastructure, and Meta’s fundamental AI research group will also participate.