Physical Intelligence has raised $600 million in a funding round, valuing the startup at $5.6 billion. The company, founded by former Google DeepMind researchers and academics, aims to develop AI software that enables robots to perform a wide range of tasks.

Prediction market Kalshi has reportedly raised $1 billion at an $11 billion valuation, shortly after a $300 million round at a $5 billion valuation. The company allows bets on a variety of events, including the outcome of the next presidential election.

Twenty, a startup focused on using AI and other technology to aid military hacking operations, has reportedly raised $38 million in Series A funding. This summer, the company secured contracts worth up to $12.6 million.

Voice AI company Wispr has raised $25 million in a round, bringing its total funding to $81 million. The funding comes as Wispr's dictation app, Wispr Flow, has seen significant traction. The company plans to use the funds for international growth and to hire top machine learning talent.

Cavela, an AI startup that automates supplier sourcing, has secured $6.6 million in seed funding. Cavela uses AI agents to find suppliers in more than 40 countries and negotiate product specifications and pricing, addressing challenges faced by small and midsize companies.

NestAI has raised 100 million euros (around $115 million) to develop AI products for defense applications, unmanned vehicles and autonomous operations. NestAI has partnered with Nokia to work on a concept known as "physical AI."

Firmus Technologies is in discussions with private credit funds and other financiers to raise debt for expanding data centers featuring Nvidia chips. The debt package could reportedly reach billions of dollars.