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Manohar Papasani
Manohar Papasani

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Six things happened in AI today; the one worth your attention is Thinking Machines Lab.

Here is the rundown.

💰 1. Thinking Machines Lab: Thinking Machines Lab is reportedly closing a $5 billion funding round at a $40 billion pre‑money valuation, with Accel leading the round (reported).
https://www.businessinsider.com/thinking-machines-lab-is-closing-5-billion-new-round-2026-11

💰 2. Tutor Intelligence: Tutor Intelligence reportedly raised $75 million in a Series B round led by Andreessen Horowitz, focusing on robot foundation model training and building robot workers (reported).
https://news.crunchbase.com/venture/biggest-startup-rounds-ai-defense-space-tech-shield-zipline

💰 3. Return: Return reportedly secured an €835 million debt financing, which accounted for most of the €1.3 billion total European startup funding tracked between Nov 2‑6, 2026 (reported).
https://tech-insider.org/european-startup-funding-roundup-nov-2-6-2026-60-deals-1-3-billion

💰 4. Alethio Therapeutics: Alethio Therapeutics reportedly closed an oversubscribed Series A of €80.46 million ($90 million), making it the largest round on the week’s list (reported).
https://shattered.io/european-startup-funding-week-hypersonica-100m-nov-2-6-2026

💰 5. Kalepa: Kalepa reportedly raised $75 million in a Series B led by Updata Partners, valuing the AI‑insurance startup at $470 million (reported). The round brings total capital raised to $91 million (reported).
https://www.reuters.com/legal/transactional/ai-powered-insurance-startup-kalepa-valued-470-million-new-funding-round-2026-11-05

🔐 6. Senator Maria Cantwell: Senator Maria Cantwell reportedly released a six‑principle framework urging enforceable NIST safety standards, independent pre‑release audits and mandatory incident reporting for frontier AI companies (reported).
https://www.foley.com/insights/publications/2026/11/blue-wave-new-ai-rules-what-democratic-control-of-congress-means-for-ai-regulation

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Originally shared on LinkedIn.

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