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AI Startup Funding Frenzy: Nscale $2B, Advanced Machine Intelligence $1.03B, Gumloop $50M from Benchmark
The week of March 7–13 saw outsized infrastructure rounds: European inference provider Nscale raised $2B and Advanced Machine Intelligence closed $1.03B, both targeting GPU cloud and foundation model training capacity. On the developer tools side, Gumloop (no-code AI agent builder) landed $50M from Benchmark and Qdrant (vector search) raised $50M, reflecting continued conviction in the agent-infrastructure and retrieval layers. SiliconANGLE's March 13 overview framed these as part of the largest single-week AI funding concentration since January 2025.
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