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• Enterprise AI security startup Cymphony emerges from stealth with $30M, including a $25M Series A co-led by Sequoia and SMBC, at a $100M+ post-money valuation (Jagmeet Singh/TechCrunch)
• Sources: Dell seeks to raise ~$4B via an investment-grade bond sale to refinance outstanding notes due in 2026, amid the AI-driven demand for servers (Bloomberg)
• Latitude, a Texas-based payments infrastructure company founded by Stripe, Uber, Coinbase and Meta alumni, raised a $35M Series A led by Oak HC/FT (Camila Grigera Naón/Fortune)
• Sources: Iran's central bank has quietly relaxed foreign currency controls and encouraged traders to repatriate funds via cryptocurrencies to bypass sanctions (Najmeh Bozorgmehr/Financial Times)
• Analog Devices agrees to buy privately held Alif Semiconductor, which makes low-power AI processors, for $1.35B in cash, with contingent payments up to $200M (Anhata Rooprai/Reuters)
• Euno, whose platform reconstructs data flow, meaning, health, and more across data environments to give agents context, raised a $23M Series A led by N47 (Chris Metinko/Axios)
• AI sales and marketing startup Clay raised $115M led by Wellington Management at a $7.1B valuation, up from $3.1B when it raised $100M in August 2025 (Michael J. de la Merced/New York Times)
• OpenAI says it is working with Samsung on its next-gen chips, and Samsung is one of the "largest-scale deployments of ChatGPT globally" (Heekyong Yang/Reuters)
• Savvy Wealth, which provides RIA software for independent financial advisors, raised a $100M Series C led by Halo Fund, taking its total funding to $200M+ (Ryan Lawler/Axios)
• Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March (Rebecca Torrence/Bloomberg)
• Sources: PE firm Silver Lake intends to merge French software companies Cegid and Silae in a €10B+ deal, allowing them to combine data and integrate software (Financial Times)
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