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- AI Funding Daily: $1B LayerX Raise, OpenAI’s $50M Fund, Intella’s $12.5M, and Zopa’s Acquisition
AI Funding Daily: $1B LayerX Raise, OpenAI’s $50M Fund, Intella’s $12.5M, and Zopa’s Acquisition

Welcome
Welcome to today’s edition of AI Business Weekly. AI investment momentum remains strong, with billion-dollar rounds, strategic acquisitions, and new funds shaping the global AI ecosystem. From Europe to the Middle East to Japan, capital is flowing into AI infrastructure, payments, speech intelligence, and community-driven initiatives.
Let’s dive in.
Camera Intelligence Secures €1.7M for AI Camera System
London-based Camera Intelligence has raised €1.7 million in Seed funding to accelerate its AI camera system development. The round included investments from Betaworks, F4 Fund, Next Wave via Flybridge, 7pc ventures, and Digital Catapult. The company aims to simplify content creation for businesses and creators.
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LayerX Raises $1B to Accelerate AI Initiatives
Japanese AI startup LayerX has closed a massive Series B round, securing ¥150 billion ($1.01 billion). The round was led by TCV, with participation from Mitsubishi UFJ Bank, Mitsubishi UFJ Innovation Partners, Coreline Ventures, JAFCO Group, Keyrock Capital Management, and JP Investment. The funding will fuel LayerX’s next stage of AI growth.
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OpenAI Launches $50M People-First AI Fund
OpenAI has announced the launch of its People-First AI Fund, a $50 million initiative designed to support nonprofit and community-based organizations in the United States. Applications for the first round of grants open on September 8 and close on October 8, with funding distributed by year-end
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Intella Closes $12.5M to Advance Arabic AI Models
MENA-based Intella, the market leader in dialectal Arabic speech intelligence, has raised $12.5 million in an oversubscribed Series A led by Prosus. Other investors include 500 Global, Wa’ed Ventures, Hala Ventures, Idrisi Ventures, and HearstLab. The funding will expand its AI models for Arabic dialects and accelerate product development.
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Zopa Acquires AI-Powered Payments Startup Rvvup
London-based digital bank Zopa has acquired Rvvup Ltd, an AI-powered payments automation platform. The deal is valued between £25 million and £40 million, based on revenue multiples applied to Rvvup’s £5 million annual revenue. The acquisition expands Zopa’s embedded finance and payments strategy.
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📢 AI Funding and Expansion Momentum
This week’s activity highlights how global AI growth spans across multiple domains: billion-dollar rounds in Japan, sector-specific innovation in Europe and the Middle East, and community-driven funds in the U.S. The combination of strategic acquisitions and large-scale financings shows AI’s accelerating role in both infrastructure and consumer applications.
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