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From the acquisition of stealth startups to larger startups, from the rounds of funding Series A to Series G, buyers and investors are doing for busy news cycles.

The most interesting entrepreneurial story of the week

This week must be a great time for the company to announce its latest acquisition.

Unlock: Israeli phone unlocking company Cellebrite acquired mobile testing startup Corellium for $170 million in cash, converting $20 million to Equity Closing.

Seek and discover: IBM acquired Seek AI, an AI platform that allows users to ask questions about enterprise data in natural language. Its technology will become a key part of IBM's new New York City AI accelerator, WATSONX AI LABS.

Data access: Data governance platform Collibra acquired Raito, which has raised $4 million to help the company manage which employees and customers have access to internal data. Collibra and Raito are both located in Brussels.

Challenger: AMD acquired Brium, a stealth startup focused on AI software optimization, which seems to be aimed at challenging NVIDIA's AI hardware advantages.

Crispy: Snowflake revealed its plans to buy Crunchy Data, a startup that helps the company build with Postgres. Cloud data platform companies declined to comment on the valuation of the deal, but sources estimate it to be around $250 million.

No more pesto sauce: Data-tagged Launch Scale AI hired the team behind Pesto AI, which shut down after raising more than $8 million to help the company recruit developers remotely.

Hmm: Airtime, Evernote founder Phil Libin's video startup has ruled dozens of employees who will not be invited to stay in the next "season". The company formerly known as MMHMM, has raised nearly $135 million in venture capital in several early rounds.

Ouch: Indian grocery store startup Kiranapro confirmed it was hacked last May. All its data is erased in the attack.

The legal struggle continues: HR technology startup Deel accused competitors of competitive recruitment hiring an employee who spent six months imitating clients, but Rippling also issued a complaint against Deel about its company's espionage charges.

The most interesting VC and funding news of the week

Money flew uphill again this week, but some were invested in startups that hoped to challenge market leaders, expand internationally and make the road safer.

Lucky Lucky: Defense technology startup Anduril has raised a huge $2.5 billion Series G Series, which includes a $1 billion investment from the Founders Fund, doubled the company’s valuation to $30.5 billion.

Move the cursor: Anysphere, the manufacturer of AI-encoding assistant cursor, has raised $900 million at a valuation of $9.9 billion. Sources said the company's annual recurring revenue exceeded $500 million.

Brain chip: Elon Musk's brain computer interface startup Neuralink received $650 million in E Series E, which reportedly valued at about $9 billion.

Being insured: Bolttech is a Singapore insurance company specializing in embedded insurance, completing the $147 million Series C at a valuation of $2.1 billion.

Apus vs. GPU: Speedata, which Israeli chip startup competes with NVIDIA, raised $44 million in Series B. The company is developing an analytical processing unit (APU) to accelerate AI and data workloads and will be shown later this month.

From Ireland to Japan: Irish Fintech startup Nomupay locks in the $40 million C Series C of SB Payment Services (SBPS), a subsidiary of Japanese telecom giant Softbank Corp, which will use capital to expand its coverage in major regions including Asia, including Asia as well as approval.

Drive carefully: Oblecio, a startup that uses AI and cameras mounted on stop signs to detect unsafe driving, raised a $22 million Series A led by Bain Capital Ventures.

Richest slices: Between February and May, North American AI startups attracted $69.7 billion in venture capital in 1,528 deals, far exceeding the $6.4 billion (742 deals) in Europe and $3 billion (515 deals) in Asia, according to PitterBook.

last but not least

Elad Gil started investing in AI startups like Confused and Harvey before most venture capitalists recognize this trend. Now he will be bringing AI to help reshape and boost lucrative traditional business bets.