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- Artificial Intelligence, Media, Software
Family offices become major AI investors: 41 direct deals in Feb 2026 as AI raises $171B
Family offices are increasingly directing large-scale capital into AI across models, infrastructure and industrial applications worldwide, completing dozens of direct AI investments (41 in February 2026) as AI companies drew a record $171 billion in funding.
Faye Raises $50M Series C Led by Madrona Venture Group, Reaches $100M Total Funding
Faye, an AI-powered travel insurance platform founded in 2022 and headquartered in Tel Aviv with U.S. operations in Richmond, Va., raised $50 million in a Series C led by Madrona Venture Group, bringing total funding to $100 million. The company plans to use the capital for growth after doubling revenues, opening its U.S. headquarters, and earning a Time Best Invention mention.
Faye Raises $50M Series C on Aug 5, 2026 to Build Autonomous AI Traveler Care Platform, Total Funding Reaches $100M
Faye announced a $50 million Series C on Aug 5, 2026 to build an autonomous AI platform for traveler care, bringing total funding to $100 million and funding AI investments, partnerships, and global expansion.
Higgsfield AI’s Aug 30, 2025 Terms Say Creators Keep Ownership but Give Company an Irrevocable, Perpetual Worldwide License to Train and Market on Their Videos
Higgsfield AI's updated terms (last revised August 30, 2025) tell creators they retain ownership of inputs and AI-generated videos while simultaneously granting the company an irrevocable, perpetual, worldwide, royalty-free license to use those inputs and outputs for model training, marketing, and sublicensing. That mismatch means creators — especially those doing client or confidential work — can sell videos yet still permit Higgsfield broad, lasting rights to reuse them, and the public terms offer no clear opt-out for ordinary users.
PitchBook and Madrona host live Founded & Funded podcast at Seattle Tech Week on July 23, 2026 to debate AI funding concentration
PitchBook will co-host a live recording of Madrona’s Founded & Funded podcast at Seattle Tech Week on July 23, 2026, featuring PitchBook EVP Nizar Tarhuni and Madrona Partner Sabrina Albert to discuss AI, funding concentration, and private-market trends.
Alibaba and Tencent Join $2 Billion Funding Round for Kuaishou's Kling AI, Valued at $15 Billion Amid Beijing's Foreign Capital Rules
Alibaba and Tencent invested in Kuaishou's Kling AI with a $2 billion funding round, backing a rival's video AI model despite having their own competing products. This move reflects Beijing's control over foreign investment and acknowledges Kling AI's strong market position with rapid revenue growth.
