Dexmal's "Mind's Engine" Secures $1B+ in Mega-Rounds, Backed by Alibaba and NIO Capital, Defining New Frontiers of Embodied AI
Chinese embodied AI startup Dexmal (原力灵机) has secured nearly 10 billion RMB (approx. $1.4 billion USD) across two massive funding rounds led separately by Alibaba Group and NIO Capital. This colossal investment, one of the largest globally in AI for 2025, fuels the company's ambitious mission to develop a "one brain for all" general-purpose cognitive engine for robots and autonomous systems, signaling a fierce new battleground in the global race for advanced embodied intelligence.
Anysphere Secures $2.3B Series D at $9B Valuation for Cursor, Defining the Future of AI-Native Software Engineering
In a landmark deal for the developer tools sector, Anysphere, the company behind the revolutionary AI-first code editor Cursor, has raised $2.3 billion in a Series D funding round, catapulting its valuation to an estimated $9 billion. Led by returning investor Thrive Capital with major participation from Sequoia Capital and Lightspeed Venture Partners, this colossal investment signals a profound industry bet: that the future of programming is not just aided by AI, but will be fundamentally re-imagined from the ground up by it. Cursor is rapidly transitioning from a powerful coding assistant into a full-stack, AI-driven operating environment for software creation.
Gamma Raises $68M Series B to Democratize Design with Generative AI-Powered Presentations
Gamma, a startup leveraging generative AI to automate and simplify the creation of visually compelling presentations, documents, and web pages, has successfully closed a $68 million Series B funding round. Led by prominent investor Accel, with continued participation from earlier investors, this substantial investment highlights the growing market demand for AI tools that enhance productivity and creativity, moving beyond text generation to visual and structural design.
