RECURSIVE EMERGES WITH $650M FOR SELF-IMPROVING AI
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
AI startup Recursive has launched publicly with $650 million in funding to develop self-improving artificial intelligence systems. The company positions recursive self-improvement as the direct route to superintelligence.
■ MORE FROM THE STARTUPS DESK
Defense technology company Anduril Industries has secured $5 billion in funding, bringing its valuation to $61 billion. The round was led by Thrive Capital and Andreessen Horowitz.
Paymentology, a cloud-native payment processing platform, secured $175 million in funding co-led by Apis Partners and Aspirity Partners. The capital will support the company's expansion as it serves banks and fintechs with real-time card and payment technology.
Config, a startup building data infrastructure for robotics foundation models, secured $27M in seed funding at a $200M+ valuation. Samsung Venture Investment led the round.
Drew Baglino, former Tesla executive and CEO of Heron Power, has founded Sadi Thermal Machines, a heat pump company. This marks his second startup since departing Tesla in 2024.