AI and chip startups secure major seed funding rounds
Mantic, an AI startup outperforming humans in forecasting contests, raised $25 million in seed funding. Separately, Delos Data, founded by ex-Intel engineers, secured $100 million for AI-focused chip and software development. A Bangladeshi-backed fintech startup also closed a $20 million seed round, while Israeli cybersecurity firm MIND raised $72 million in Series B funding.
Sources: reuters.com · msn.com · msn.com · thedailystar.net · ynetnews.com
“The simultaneous surge in AI forecasting, chip infrastructure, and cybersecurity funding underscores how startups are racing to build both the tools and the safeguards for an AI-driven economy.”
What it means
These rounds reflect two trends: investor appetite for AI applications with measurable edge over human performance (Mantic), and the scramble to address the hardware bottlenecks (Delos Data) that could limit AI’s scalability. Cybersecurity’s rise alongside AI adoption suggests growing concern over data vulnerabilities in enterprise environments. The diversity of sectors—from fintech to semiconductors—hints at AI’s broadening impact, but also raises questions about which niches will sustain long-term demand.
Read the original reporting
The outlets below did the original reporting.
- AI startup Mantic raises $25 million for superhuman forecasting — reuters.com
- Delos Data, a chip startup founded by Intel veterans, raises $100 million for AI networks — msn.com
- AI startup Mantic raises $25 million for superhuman forecasting — msn.com
- NRB entrepreneur's fintech startup raises $20 million seed round — thedailystar.net
- Israeli cybersecurity startup MIND raises $72 million as AI fuels data-security drive — ynetnews.com
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