The Daily Deal
Tuesday 29 September 2026
AMD to buy Fei-Fei Li's World Labs for $8.2B
- Chart of the day From Seed to unicorns: London vs. Bay Area.
- Just raised FluidStack $1.5B, Instinct $1B, Biossil $153M.
- Just founded Sequenza, Indexless, Dael.ai.
- In the news AMD to buy Fei-Fei Li's World Labs for $8.2B, and two more stories.
Chart of the day
Open the chart
This tracks companies that raised $1M–$4M Seed rounds in London and the Bay Area, and how many went on to become unicorns and decacorns. Three groups of Seed-stage companies are compared at the same number of years after their Seed round.
Just raised
All funding news-
FluidStackNew York$1.5B Late VCHigh-performance cloud computing infrastructure for artificial intelligence workloads.
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InstinctUS$1B Series CAI personal assistant executing daily digital tasks. Backed by Sequoia and Benchmark.
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BiossilToronto$153M Late VCEmbracing biological variability to discover drugs for patients, rather than diseases. Led by OpenAI.
By country
- US$39B
- China$6.3B
- France$4.7B
- UK$3.5B
- India$1B
- Germany$1B
By sector
- Enterprise software$18B
- Health$9B
- Energy$7.6B
- Security$7.2B
- Semiconductors$6.7B
- Transportation$6.6B
$64B across 1,884 rounds in September so far, by headquarters and by sector.
Just founded
View all from this week-
SequenzaLeuven$1M raised
Financial and ownership data for Belgian companies.
JW
BV
EZJesse Wursten, Bart Van Looy & Edwin Zimmermann founded it. Wursten worked at Zentral-bank and Fonds Voor Wetenschappelijk Onderzoek-Vlaanderen. Zimmermann worked at Incofin. -
IndexlessAnn Arbor
Designing ASICs for on-device inference.
AUAdvait Udeshpande
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Dael.aiBengaluru
AI-powered voice agent for automated sales outreach.
HGHargobind Gupta founded it after working at Diamante Blockchain and Cookbook.
In the news
View all news stories- AMD to buy Fei-Fei Li's World Labs for $8.2B
AMD is paying for World Labs in stock. Fei-Fei Li joins AMD as chief scientist, reporting to CEO Lisa Su, and the deal is expected to close before the end of 2026.
- Anthropic's Amodei dines with Trump amid AI policy clash
Anthropic CEO Dario Amodei had a private dinner with President Donald Trump late Sunday night, the president confirmed, per CBS News (first reported by Axios).
- Circle CFO exits by year-end after leading $1.2B IPO
Circle Internet Group, the company behind the USDC stablecoin, said on September 25 that chief financial officer Jeremy Fox-Geen will resign by the end of December 2026.
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