Press Release Digest: Rubrik Puts Claude Mythos 5 on Code Security, Factory Hits $5 Billion, TeRAM Takes On the AI Memory Wall
The most interesting release in this batch is a product launch, and it’s a security one. Rubrik has built Code Guardian, a service that runs Anthropic’s Claude Mythos 5 against customer source code. The model never touches the live repository. It works on a clone of Rubrik’s immutable, air-gapped backup copy, looks for vulnerability chains that cross files, services, authentication patterns and cloud boundaries, checks whether each chain can really be exploited, and sends the confirmed critical ones to Jira or GitHub with file-level fix guidance. Anthropic’s cybersecurity lead names Rubrik as one of the partners it’s using to put Mythos 5’s cyber capabilities in defenders’ hands.
The design is smart. A backup vendor already holds a clean copy of a company’s code, so it can aim a frontier attack model at that copy with zero risk to production. It’s a private preview with select design partners for now. Rubrik also added MCP support so customers’ own AI agents can plug into its data, identity and governance layer.
Money for coding agents keeps coming. Factory raised $200 million at a $5 billion valuation, which the company says more than triples the $1.5 billion it carried in April and takes total funding past $400 million. Its agents, called Droids, pick a model based on how hard the task is and handle refactoring, testing and incident response on their own. Khosla Ventures, Blackstone and Marc Benioff are among the backers. More than triple in five months. That’s how the market is pricing agentic software right now.
Europe got a new cybersecurity heavyweight. Rome-based Exein raised $270 million at a $1.7 billion valuation, led by Headline, with Goldman Sachs, Sofina, the European Investment Bank Group and KfW Capital coming in as new investors. Exein says its valuation is up thirtyfold in two years and first-half 2026 ARR grew fourfold. Its runtime security sits at kernel level on more than two billion connected devices, and the company is now training a foundation model to protect robots, drones and autonomous vehicles. A J.P. Morgan-led credit line was upsized alongside the round.
That “physical AI” security theme ran through smaller releases too. Semtech launched SurgeSwitch to protect collaborative robots from surge and electrostatic discharge, and MIPI Alliance formed a Kinematic working group to standardize how radar and lidar data gets streamed.
For anyone in the memory trade, TeRAM is the one to read. The company came out of stealth with $37 million in equity to build custom 3D SRAM for AI data centers, with Primary Venture Partners leading. Its pitch is worth stating plainly. Since mid-2025, agentic inference has overtaken training as the main consumer of AI compute, and every output token needs a pass through the full set of model weights. So the memory wall moves from HBM capacity to memory bandwidth. TeRAM is targeting first customer production in 2029, which makes this a long bet. The argument matters sooner than that, though (if bandwidth is the choke point, value flows to whoever puts memory closest to the processor).
WD went the other direction on the storage stack, laying out its case for cheaper, scalable storage infrastructure as AI data volumes climb.
The rest of the AI plumbing news was steady. Polaris Electro-Optics closed a $50 million Series B for its optical engine platform. QumulusAI finished deploying B200 systems under a $71.9 million Blackwell contract. Liquid Compute launched with $15 million to build a regulated exchange for AI infrastructure, a bet that compute becomes something you trade like a commodity. Cirrascale moved its inference platform into production.
Chips outside the Nvidia orbit had a busy day. SiFive and AMD are optimizing AMD’s ROCm software for RISC-V data center servers, which is a notable pairing for an x86 company. Korea’s Rebellions partnered with ai& to bring power-efficient inference infrastructure to Japan. Axelera AI launched Europa with Dell and Supermicro in its partner lineup. Cadence said its Tensilica IP powers Analog Devices’ next-generation DSP architecture.
On the deals side, PSG Equity held a final close on its third European fund at over €4.4 billion. TPG is making a significant investment in Tablet Command, which makes incident command software for fire and emergency services. RB Global doubled its buyback authorization from $500 million to $1 billion. Ingram Micro set out a multi-year financial framework at its capital markets day, and Forgent reported a record fourth quarter above the top of its guidance with an all-time high backlog. Accenture, Comcast and Penguin Solutions all set earnings dates.
Crypto rails picked up serious names. Visa, Circle and Haun Ventures backed Velocity in a Series A extension that brings the round to $48 million. In the same corner, Datavault AI announced an initial $100 million purchase order for tokenization services tied to its QEST token. A purchase order is a long way from recognized revenue. Read the terms before reading the number.
Outside tech, Powerful Medical got FDA De Novo clearance for its AI ECG model that detects acute heart attacks. Teledyne imaging sensors launched on ESA’s Sentinel-3C and FLEX missions. Elevated Materials was picked for $50 million in Department of Energy funding to expand US battery materials manufacturing, and Barrell Lithium passed 62,000 net mineral acres in the Smackover trend while closing an oversubscribed Series C. Planted raised $31.8 million for autonomous power deployment.
Then the surveys, which lined up in a way the AI vendors probably didn’t plan. HTEC found AI spending is growing faster than companies can get value out of it. Alexander Group says 96% of marketing organizations use AI but fewer than half can show a return. GoTo reports 83% of employees fear getting fired over an AI mistake. And Clutch found workers quietly building their own agents, most of them with access to company data.
Adoption is done. Payback isn’t.