April 15, 2026

Accel raises $5B, including $4B Leaders fund for late-stage startups

Accel, a prominent Silicon Valley venture firm known for its early investments in companies like Facebook and Anthropic, has successfully raised $5 billion in new funds, including a dedicated $4 billion Leaders fund aimed at supporting large late-stage startups. This new fund strategy reflects Accel’s emphasis on backing AI innovators

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Accel raises $5B, including $4B Leaders fund for late-stage startups

Accel, a prominent Silicon Valley venture firm known for its early investments in companies like Facebook and Anthropic, has successfully raised $5 billion in new funds, including a dedicated $4 billion Leaders fund aimed at supporting large late-stage startups. This new fund strategy reflects Accel’s emphasis on backing AI innovators

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Jane Street signs $6B AI cloud deal with CoreWeave, invests $1B

Jane Street has signed a $6 billion AI cloud deal with CoreWeave, alongside a $1 billion equity investment at $109 per share. This agreement underscores a broader trend where quantitative firms are increasingly turning to specialized GPU clouds to enhance the processing of noisy financial data for model refinement. Additionally,

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Cisco reduces deployment time from hours to seconds with AI agents

Cisco’s Site Reliability Engineering (SRE) team has significantly improved deployment times from hours to seconds through the integration of over 20 AI agents that automate various workflows such as continuous integration and Kubernetes cluster deployments. Despite this progress, Vijoy Pandey, SVP and GM at Outshift by Cisco, emphasizes that a

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US judge criticizes AI use in Walmart case, cites Proof of Quality

In a recent ruling, a U.S. judge criticized the use of AI by lawyers in a case involving Walmart, describing it as a “perilous shortcut.” This admonishment aligns with ongoing concerns from federal judges about the reliance on AI outputs in legal filings without adequate verification, emphasizing the necessity for

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Chainlink provides real-time data for €2T in European equities

A new real-time data service has been launched, providing insights into €2 trillion of European equities. This service aims to enhance market analysis and investment strategies, reflecting the growing demand for timely and accurate financial data in the European market. Author: chainlink Sentiment: bullish

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