Foundation Models
A 5-Month-Old Startup Just Raised $200M to Simulate All 8 Billion People on Earth
Simile, a simulation-AI company just five months old, has raised over $200 million at a $2 billion post-money valuation to build a foundation model for human behavior, one it says will eventually simulate all eight billion people on Earth. The round was led by Greenoaks, with Index Ventures doubling down and returning investors Hanabi, Bain […]
H. SurejaJuly 31, 2026
Applied Computing Raises $20M to Build Foundation AI for Energy
Energy plants collect enormous volumes of operational data. The harder problem is turning it into decisions operators can trust. London-based Applied Computing has raised $20 million in Series A funding to expand Orbital, its foundation AI platform for oil, gas, refining, and petrochemical operations. The round was led by engineering and technology company KBR, with […]
H. SurejaJuly 16, 2026