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Startup and Venture Capital News — August 4, 2025: AI Boom, Mega-Rounds, and Global Expansion
... AI competencies. Additionally, amid rising demand for AI infrastructure, the American cloud provider CoreWeave announced the acquisition of data mining company Core Scientific for $9 billion, aiming to repurpose its data centers (originally built for cryptocurrency mining) for artificial intelligence needs.
Interest in defense and aerospace technologies is also leading to record deals. Europe is witnessing unprecedented growth in this segment: the German startup Helsing raised about €600 million ...