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Founded by Jeff Holden, formerly of Amazon and Uber, the start-up is already supplying an ultra-fast electromechanical relay designed for 800 V power supplies in AI data centres.
Valued at $1.7 billion in January, the Berkeley-born platform exceeds $100 million in annualized revenue and now wants to rate agents who act without authorization.
The Australian clinical assistant combines a classic 100 million Series C and financing backed by future revenues, which avoids the dilution of the founders.
Neither acquisition nor acquisition, insist the interested parties: the Franco-American start-up remains independent and sees its valuation increased to $12 billion by an additional investment.
The group finances its calculation centres by debt while reducing its payroll: some teams would lose more than 10% of their staff this month.