Emerald AI, a power infrastructure company focused on AI data centers, has raised $150 million in a Series A round at a $1.05 billion valuation, according to Reuters. The round was co-led by Energize Capital and DCVC, bringing the company’s total funding to more than $220 million. Emerald AI is working to turn AI data centers into flexible grid resources, targeting power supply constraints that have become one of the key bottlenecks for AI growth. The company said the new capital will be used to expand its global commercial deployment with AI companies, data center operators, and electric utilities.

PANews’ latest weekly funding roundup shows two tracks moving at speed at the same time: AI and robotics continued to attract large checks in the primary market, while crypto funding stayed active across DeFi, privacy infrastructure, on-chain finance, Web3 AI, and prediction markets. In crypto alone, PANews counted five disclosed blockchain financing events worldwide during Aug. 10-16, with aggregate funding of more than $27.5 million. Among the crypto deals, twyne raised a $2.5 million seed round for its DeFi credit delegation layer, Beldex secured $8 million for privacy infrastructure, Blueprint Finance announced a strategic round led by Polychain Capital, NeoSoul closed an $11 million Pre-A round tied to AI economic infrastructure, and Fortune Protocol said its cumulative fundraising has exceeded $4 million. Outside crypto, the biggest headline in the report was M&A: Stripe has finalized an agreement to acquire AI startup OpenRouter for more than $7 billion, though the final price may still change, according to people familiar with the matter cited in the source. The report also noted that OpenAI acquired the InstantDB team. In the broader AI market, Etched raised $700 million at a $21 billion valuation, while companies including DataVita, Groq, Starcloud, Muon Space, Higgsfield, Wispr, and Rillet also announced major financings.

A White House crypto gathering set the tone for the day’s market and policy headlines. U.S. President Donald Trump urged Congress to move the CLARITY Act forward, calling it a powerful market-structure bill, while saying Commodity Futures Trading Commission Chair Michael Selig is working to bring Hyperliquid into the U.S. in a fully compliant way. HYPE rose more than 20% over 24 hours following those remarks. The event came ahead of the first meeting of the CFTC’s Innovation Advisory Committee, which is scheduled to cover crypto regulation, AI in trading and compliance, and prediction markets. At the same time, Coinbase said it has integrated Hyperliquid into Base App to offer perpetual futures trading to eligible users with up to 50x leverage in supported jurisdictions. Outside the policy story, VanEck said Bitcoin has triggered eight of its 12 capitulation indicators, suggesting the market is approaching historical bear-market bottom zones, though not necessarily a confirmed bottom. PANews’ daily roundup also highlighted Unitree’s launch of a 7-axis bionic robotic arm starting at 9,900 yuan, fresh ETF flow data, new funding deals across AI infrastructure, and several project updates spanning Berachain, Nethermind, Aligned, Linera and Flop Labs.

Agility Robotics plans to merge with Churchill Capital Corp XI in a SPAC deal valuing the company at about $2.5 billion. Its humanoid robot Digit is already deployed across nine commercial customer sites.