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Startups Weekly: AMD acquisition and other moves to scale AI startups


Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.

Image Credits: Cheng Xin / Contributor / Getty ImagesAI once again drove a large share of overall startup activity, including one acquisition, but this week also brought us a reminder that full M&A execution takes time — and that VC funding is not the only route. Advanced grid: Gridcare, an AI-powered energy optimization startup, emerged out of stealth with an oversubscribed $13.5 million seed round and said it’s ready to play matchmaker between data centers and utilities. A former LATAM & Media Editor at The Next Web, startup founder and Sciences Po Paris alum, she’s fluent in multiple languages, including French, English, Spanish and Brazilian Portuguese.

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