Pigment
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Headlines · 2
- Pigment raises $250M at $2.3B valuation in Series E
Pigment announced a $250 million Series E round at a $2.3 billion valuation, led by EQT-managed Scaleup Europe Fund, with World Innovation Lab and existing investors participating. Bloomberg Technology also reported the round and described Nvidia as a participant, while The Next Web reported that Nvidia's stake and investment amount had not been finalized. Pigment said annual recurring revenue exceeded $100 million and that agents created 85% of new platform metrics, while most proceeds were earmarked for research, engineering hires, Graphite, and end-to-end planning agents.
The Next Web · 🔥 0 - Nvidia plans $2B more in European AI deals, led by four French startup stakes
Nvidia CEO Jensen Huang said in Paris that the company plans to announce $2 billion in European investments within the coming week, on top of about $8 billion it has put into the continent over the past year. He named four French startups receiving investment: Doctolib, Pigment, Entalpic and Genesis AI. Paris was the first stop of a tour that also takes in London and Berlin; Nvidia said Huang discussed investment in France, open-source software and AI safety with President Emmanuel Macron. Huang pitched open-weight models as a cheaper, customisable way for Europe to catch up and pushed back on calls to slow AI development. The Decoder reported that Nvidia is also donating $250 million in compute over five years to UK labs working on AI agent safety, including Oxford's BOLD, UCL's SOFAIR and Imperial College London.
NVIDIA Blog · 🔥 0
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