Plug and Play has announced the closure of a $50 million fund focused on fintech and artificial intelligence, aiming to foster innovation and corporate collaboration. The fund will support early-stage startups by providing access to capital, corporate networks, and strategic partnerships, leveraging Plug and Play's global operations across over 60 locations.

Reflection has successfully raised $2 billion to establish itself as a leading AI lab in the U.S., aiming to compete with industry giants like DeepSeek. The funding will support the development of innovative AI technologies and research initiatives that challenge existing paradigms in the field.

Higgsfield has successfully raised $50 million in a Series A funding round to enhance AI-driven video creation technology. The investment aims to revolutionize how videos are produced, making the process more efficient and accessible for users.